Pest Control Market Expected to Reach 22.04 Billion USD by 2021

The pest control market, in terms of value, is projected to reach around USD 22.04 Billion by 2021, at a CAGR of around 5.3% from 2016. This market is segmented on the basis of type, application, pest type, and region.

The report Pest Control Market by Type (Chemical Control, Mechanical Control, Biological Control), Pest Type (Insects, Termites, Rodents, Wildlife), Application (Commercial, Industrial, Residential, Agricultural), and Region – Global Forecast to 2021″, The pest control market is projected to reach a value of USD 22.04 Billion by 2021 at a CAGR of 5.3% from 2016. The market is driven by factors such as developing economies, easy availability of pest control service providers, and increasing pest population. The high growth potential in emerging markets and untapped regions provide new growth opportunities for market players.

Browse 73 market data Tables and 42 Figures spread through 148 Pages and in-depth TOC on “Pest Control Market – Global Forecast to 2021”

Make an Inquiry:

Early buyers will receive 10% customization on this report.

Biological pest control to be the fastest-growing segment, by type, from 2016 to 2021

The biological pest control segment is projected to grow at the highest CAGR from 2016 to 2021. Biological control includes the beneficial action of parasites, pathogens, and predators in managing pests and avoiding pest infestation. Biocontrol provided by these living organisms, collectively known as natural enemies, is important for reducing the number of pest insects and mites.

Speak to Analyst:

Agriculture application segment depicts high potential for the pest control market

Agricultural pests belong to a broad spectrum of organisms, including insects, mites, ticks, mice, rats, other rodents, snails, nematodes, slugs, cestodes, fungi, bacteria, weeds, viruses, and other pathogens. Agricultural crops are of substantial importance to the global economy and are vital across sectors such as animal husbandry and poultry, which feed upon fodder crops. The agriculture application in the pest control market is growing as there is increased demand for crop protection to avoid losses. Drastic change in climate is also causing an increase in pest population.

Significant growth potential for pest control is observed in the Asia-Pacific region

Asia-Pacific has a high-growth potential for pest control. This region has emerging economies, such as China and India, which have considerable cultivable land to grow crops. Moreover, China is among the leading countries for pest control due to urbanization and technological growth in agriculture. This has led to higher standards of living among consumers, resulting in the rise in demand for pest control products and services.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such BASF SE (Germany), Bayer AG (Germany), Ecolab (U.S.), Syngenta AG (Switzerland), and Rentokil Initial plc (U.K.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Phone: 1-888-600-6441
City: Seattle
Country: United States