Insect Pest Control Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The world insect pest control market is valued at $ 19.1 billion in 2023 and is expected to reach $ 29.4 billion by 2030, growing at a CAGR of 6.6% over the forecast period. The growth rate reflects the strong demand for effective pest management solutions, owing to increasing agricultural activities, urbanization, and growing awareness of health and hygiene. The pest-related problems are growing, and the market is shifting towards the use of sustainable pest management solutions. This is mainly due to the development of biopesticides and the implementation of integrated pest management (IPM) strategies. These innovations not only increase the effectiveness of pest control, but also meet the growing demand for environmentally friendly solutions. Leading pest control companies, such as Bayer AG, Syngenta AG, and Rentokil Initial plc, are actively investing in research and development, forming strategic alliances, and launching new products to capture market share. For example, the recent collaborations to improve product efficiency and safety, such as the partnership between Bayer AG and Crop Protection, Inc., are an indication of the industry's commitment to meeting the needs of evolving pest control and meeting regulatory standards.

Regional Market Size

Regional Deep Dive

The insect pest control market is growing rapidly in various regions, driven by increasing urbanization, increasing awareness of health and hygiene, and the need for sustainable pest control solutions. Each region has its own characteristics, influenced by cultural practices, legal regulations and economic conditions, which affect the demand for pest control products and services. As consumers become more and more aware of the environment, the market has seen a shift towards eco-friendly and integrated pest management solutions, which are gaining popularity in both the commercial and residential sectors.

Europe

• In Europe the market is largely influenced by the strict regulations governing the use of pesticides. In particular the European Union's REACH and Biocidal Products Regulations set high standards for product safety and efficacy. These regulations have led to a great increase in research and development of biopesticides and other natural pest control methods.
• In France and Germany the rise of organic agriculture and the increase in the number of allotments is putting a premium on pest-control methods that are in harmony with sustainable agriculture.

Asia Pacific

• The Asia-Pacific region is experiencing a rapid urbanization process. This is accompanied by an increase in pest problems and the demand for pest control services. In response to this growing need, companies such as Rentokil Initial are expanding their operations in countries such as China and India.
• Innovations in technology, such as the use of smart traps and IoT-based monitoring systems, are gaining popularity in urban areas, enhancing the efficiency of pest control measures and providing real-time data to pest management professionals.

Latin America

• Latin America is experiencing an increase in demand for pest control services, owing to the expansion of farming and the need for effective pest management in the fields. Farmers are facing new and unique pest problems, and companies like FMC are focusing on developing region-specific solutions to meet these challenges.
• The region is also seeing increased investment in research and development for biopesticides, driven by both consumer demand for organic products and regulatory changes aimed at reducing chemical pesticide use.

North America

• During the last few years, the North American market has seen a substantial increase in demand for organic and environmentally friendly pest control products, which are largely driven by a combination of consumer demand and government regulation. Several companies, such as Terminix and Orkin, are at the forefront of this trend and have expanded their product ranges to include organic products.
• EPA’s increased scrutiny of chemical pesticides is pushing companies to develop safer alternatives, which will in turn alter their products and their marketing strategies in the region.

Middle East And Africa

• In the Middle East and Africa the market is characterized by a growing concern for health and hygiene, especially in the major cities. The growing number of mosquito-borne diseases has led governments and international organizations to increase their investment in pest control initiatives such as the World Health Organization’s (WHO) vector control programs.
• Cultural factors, such as the emphasis on traditional pest control methods, are influencing market dynamics, with companies adapting their strategies to incorporate local practices while also introducing modern solutions to meet health standards.

Did You Know?

“Did you know that the global biopesticides market is expected to grow significantly, with projections indicating it could reach over $10 billion by 2025, driven by the increasing demand for sustainable agricultural practices?” — Market Research Future

Segmental Market Size

Despite a slowdown in the economy, the insect pest control market is currently growing steadily. This is due to a growing awareness of the public's health and safety, coupled with stricter government regulations aimed at reducing the use of pesticides. The growing threat of mosquito-borne diseases such as dengue and Zika is also a major driver. Moreover, the trend towards sustainable pest control is expected to continue. This is where companies like Bayer and Syngenta come in, with their focus on developing new products in line with these trends. At the moment, the market is already quite developed, with North America and Europe leading the way in terms of implementing IPM. These include applications in agriculture, urban pest control and public health. The drive towards organic farming and sustainable pest control is also helping to drive the market forward. Similarly, technological developments in the field of biopesticides and smart pest control are changing the way the market is organized. The use of digital tools to monitor and manage pest populations is increasing the efficiency and effectiveness of pest control strategies.

Future Outlook

The market for insect pest control is expected to grow from $19.1 billion in 2023 to $29.43 billion by 2030, at a CAGR of 6.6%. The growth is driven by the growing population and the urbanization process, which has increased the demand for effective pest control solutions in the residential and commercial sectors. As urban areas expand, the need for more effective and sustainable pest control solutions will increase. The development of biopesticides and integrated pest management (IPM) systems is expected to reshape the market landscape. These innovations not only improve the efficiency of the pest control process, but also meet the growing demand for environmentally friendly solutions. In addition, the regulatory framework is increasingly promoting sustainable practices, which is expected to accelerate the adoption of advanced pest control solutions. Also, smart pest control systems that use the Internet of Things (IoT) and artificial intelligence (AI) are expected to enhance the efficiency of pest control and increase the customer base. Those who adapt to these trends and invest in research and development will be able to seize the opportunities that the development of the insect pest control market will bring.