The insect repellent active ingredients market is anticipated to be valued at $1.0 billion in 2023, with a 7.6% CAGR to reach $1.5 billion by 2028.The demand for insect repellent has been steadily increasing over the years due to several factors. One of the main drivers is the growing vector population. Insect repellents focus on controlling the infestation of mosquitoes, flies, ticks, bugs, fleas, and other organisms, which can cause adverse effects on humans. There have been rising instances of epidemics caused by pests such as cockroaches, bugs, mosquitoes, flies, and ants across the globe. To prevent such epidemics, various types of insect repellent formulations are being manufactured. The manufacturing process may vary according to the type of insects targeted, formulations, active ingredients, concentration, permit requirements, and product registration.
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Key Highlights the Insect Repellent Active Ingredients Market:
Here are some key highlights of the Insect Repellent Active Ingredients Market:
1. Growing Awareness of Vector-Borne Diseases: The increasing awareness of diseases like Zika, Dengue, and Lyme disease has driven the demand for insect repellent products, stimulating the insect repellent active ingredients market.
2. Rise in Outdoor Activities: The surge in outdoor recreational activities, such as camping, hiking, and sports, has contributed to the market’s growth, as consumers seek protection from insect bites.
3. Natural and Organic Ingredients: There is a growing preference for natural and organic insect repellent ingredients, with consumers seeking alternatives to chemical-based repellents due to health and environmental concerns.
4. DEET Remains a Dominant Ingredient: Despite the interest in natural products, DEET (N,N-diethyl-meta-toluamide) continues to dominate the market due to its effectiveness against a wide range of insects.
5. Emerging Technologies: Innovations in formulation technologies, like microencapsulation and controlled release, are enhancing the longevity and efficacy of insect repellent products.
6. Regional Variations: Insect repellent ingredient preferences vary by region; for example, picaridin is more popular in Europe, while oil of lemon eucalyptus is commonly used in North America.
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Insect Repellent Active Ingredients Market Growth Drivers:
1. Rising Awareness of Vector-Borne Diseases: With the increasing awareness of diseases transmitted by insects such as mosquitoes and ticks (e.g., Zika virus, Dengue fever, Lyme disease), there is a growing demand for effective insect repellent products. Consumers are increasingly seeking protection against these diseases, thereby driving the market.
2. Outdoor Activities: People are engaging in more outdoor activities, such as hiking, camping, and sports, which increase their exposure to insects. This has created a higher demand for insect repellent products to ensure safety and comfort during outdoor adventures.
3. Global Travel and Tourism: International travel and tourism have expanded, exposing individuals to different insect-borne diseases. Travelers are increasingly using insect repellents to protect themselves from these health risks, contributing to market growth.
4. Technological Advancements: Continuous research and development efforts have led to the discovery of new, more effective active ingredients. Advancements in the formulation of insect repellents have improved their efficiency, driving market growth.
5. Urbanization and Population Growth: The increasing global population, along with urbanization, has resulted in more densely populated areas where insect-borne diseases can spread more easily. This has led to a higher demand for insect repellent products in urban settings.
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Top Key Players:
1. Sumitomo Chemical Co., Ltd(Japan)
2. BASF SE (Germany)
3. Spectrum Brands, Inc. (US)
4. Reckitt Benckiser Group PLC (UK)
5. Henkel Ag & Co. (Germany)
6. Merck Kgaa (Germany)
7. S C Johnson & Sons Inc. (US)
Asia Pacific is expected to account for the largest market share in 2023.
The insect repellent active ingredients market industry has been studied in North America, Europe, Asia Pacific, South America and the Rest of the World. The Asia-Pacific region is known for having a high prevalence of insect-borne diseases such as malaria, dengue fever, chikungunya, Japanese encephalitis, and Zika virus. According to article by National Library of Medicine 2022, India reported a ZIKV outbreak in Kerala in July 2021, the first activity in the region of South-East Asia since the outbreak in Rajasthan, India, in 2018. At least 70 ZIKV disease cases were found after extensive testing and confirmed by PCR by August 2021. These diseases pose significant health risks to the population, leading to a greater demand for insect repellent products and active ingredients to protect against insect bites.
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