Insect Pest Control Market size is forecast to reach $19.5 billion by 2025, after growing at a CAGR of 5.6% during 2020-2025. Insect Pest Control is driven by increasing concern of domestic hygiene to achieve good living conditions. The demand for insect pest control is guided by government legislation on food safety, public health and environmental protection, and the increasing public awareness; the creative pest control technologies are supposed to provide fuel for customers. Due to an increase in demand for sustainable and environmentally-friendly alternatives the market for insect pest control is expected to drive the growth of the insect pest control industry in the forecast period.
Awareness of insect-related diseases and the rise in insect populations due to changing climatic conditions are factors expected to drive market demand over the forecast period.
The chemical approach to control the growth of pests is considered to be the preferred choice owing to its low price and easy availability.
Rising Global Efforts to Develop and Implement the Sterile Insect Technique and Related biologically-based Techniques.
Due to the COVID-19 palindrome, the construction industry is expected to take a major hit due to labor shortages and the lockdown imposed by the government during COVID-19, which is expected to be aggravated by the resulting supply chain issues and financing pressures due to the non-adherence to the completion times.
By Insect Type – Segment Analysis
Insect Pest Control is extensively used for Termites in Insect Pest Control Market. Termites are insects that feed on wood and often become home pests. Though termites are not closely related to ants, they are often called white ants. They are harmful when they feed on, and sometimes kill, human- important wooden structures or vegetable matter. Termites predominantly feed on dead plant material and cellulose, usually in the form of wood, leaf litter, soil, or dung. Termites are major detritivores, particularly in subtropical and tropical regions and their recycling of wood and plant matter is of significant environmental importance. Termites can also bite and sting, but these wounds are not poisonous. Thus, people living in termites-infested homes can experience allergic reactions or even asthma attacks. Hence, with the growing number of diseases from termites, the demand for the insect pest control market will rise in the forecast period.
By Control Method – Segment Analysis
Chemical pest control is the extensively used method in Insect Pest Control Market in 2019. The use of chemical pesticides is widespread due to their relatively low cost, simplicity of application, effectiveness, availability, and stability. These factors, coupled with growing economic conditions across various regions, are promoting to a greater extent the adoption of chemicals. Chemical pesticides are generally fast-acting, which helps minimize their impact on the surrounding environment. Local agencies are adopting new technologies for deploying chemical solutions to maximize the area to be covered, including the use of drone-based sprays. Due to these properties, the growth of chemical pest is estimated to rise in the forecast period.
Application – Segment Analysis
The Commercial & Industrial Sector held the largest share in the Insect Pest Control Market in 2019 by growing at a CAGR at 5.2%. The application of insect pest control is the largest in the commercial & industrial sector due to the growing need for skilled pest control solutions, especially for the food manufacturing and hospitality sectors, to maintain a hygienic environment for the control of cockroaches, bedbugs, flies, and mosquitoes. Mandatory audit for certifications such as ISO 9001 and ISO 22000 has also become a common requirement for commercial and industrial organizations. These certifications have a compulsory clause of insect control to be carried out yearly, half-yearly, or quarterly, and those companies that do not follow these mandates must face penalties or could even result in them shutting down operations.
Geography- Segment Analysis
North America holds the largest share with 36.5% in 2019 for Insect Pest Control Market due to increasing residential and non-residential construction industry. The U.S is North America’s largest market for green and bio polyols, which accounted for a major volume share of the industry in 2019. According to the US Department of Energy (DOE), Building America Program has been a source of innovation in energy performance, durability, quality, affordability, and comfort in residential buildings for more than 20 years. This world-class research program is partnering with industry to bring cutting-edge innovations and resources to the market including many of the top U.S. homebuilders. Also, according to Statista, with expenditures reaching more than US$ 1.293 billion, the United States is one of the world’s largest construction markets.
Drivers – Insect Pest Control Market
Growth in instances of disease outbreaks driving public health initiatives
Several life-threatening disease outbreaks have occurred during the last decade, such as chikungunya, influenza, H1N1 virus, Zika virus, and dengue, mostly spread by insect vectors. The most recent epidemic of mosquito vectors in the Americas in 2017 was the Zika virus epidemic (transmitted by A. aegypti and A. albopictus). Several government authorities have public health and sanitation laws to avoid disease outbreaks. Government initiatives play an important part in the control of pests and other insects, through public awareness campaigns and legislation. These initiatives involve the development of strategies aimed at improving the insecticides’ effectiveness, cost-effectiveness, environmental impact, and sustainability. With precautionary measures taken on food safety in the food processing industry, food handling areas, and warehouses, it has become essential to employ pesticide management techniques through service providers.
The emergence of biological pest control solutions
Innovations have increased in recent years, both at the ingredient and product levels. For example, the use of biological insecticides, which have little to no side effects on human health, is gaining significant acceptance among service providers. It is estimated that the use of chemicals for insect control would gradually subside and that consumers should move towards biological options. Major factors affecting market growth include regulatory change and resistance development among pest organisms. The ban on the use of neonicotinoid pesticides in Europe is an example of biological control methods being embraced in contrast with chemicals. Growers have started substituting biological insecticides for banned older and more toxic active ingredients. Other future legal actions affecting the capacity of the grower to use established crop protection chemistries would attribute increased market share for biological pesticides. Companies such as the Woodstream Corporation (US) and its safer brand are among the biggest players on the market while developing and using biological pest control solutions. The manufacturers are introducing innovative products and solutions to support more environmentally friendly products for insect pest control. To strengthen these facilities, manufacturers are creating new technical approaches, such as route optimization and online tech support in real-time.
Challenges – Insect Pest Control Market
Improved pest resistance to chemical compounds
Even though insects are effectively regulated by chemical applications, these insect species also have the potential to develop insecticide resistance when exposed to a larger dose of these active ingredients. For instance, because of the improper handling of pesticides, flies are known to have developed a high resistance against all types of insecticides. According to the Center for Integrated Pest Management, more than 600 pest species have developed resistance to chemical compounds. This has prompted the use of bio-control products and alternative measures to prevent pests from developing any resistance including crop rotation. The use of plant-derived chemicals, the implementation of integrated pest management methods, and the availability of pest control professional services will reduce the risks of resistance to insecticides.
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Insect Pest Control Market. In 2019, the market of Insect Pest Control has been consolidated by the top five players accounting for xx% of the share. Major players in the Insect Pest Control are Adama, BASF SE, Bayer AG, Rollins Inc, Ecolab, Ensystex, FMC Corporation, Rentokil Initial PLC, Syngenta, The Terminix International Company Lp among others.
In July 2018, Rollins, Inc. acquired Aardwolf Pestkare Pte Ltd., a pest control company in Singapore to expand its market presence in the Asia Pacific region.
In December 2017, BASF SE joined forces with Mitsui Chemicals Agro, Inc. to create a new Broflanilide insecticide compound that would be used in professional pest management services to combat a wide variety of pests, including termites, bees, cockroaches, and flies.