The Exterminating And Pest Control Services by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Exterminating And Pest Control Services, The exterminating and pest control services market size has grown strongly in recent years. It will grow from $81.44 billion in 2023 to $87.67 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to health and safety concerns, regulatory compliance, urbanization and population density, food safety standards, climate conditions..
The exterminating and pest control services market size is expected to see strong growth in the next few years. It will grow to $116.74 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to eco-friendly pest control methods, globalization of food supply chains, integrated pest management (ipm), rising consumer expectations, advancements in pest control technologies.. Major trends in the forecast period include focus on education and prevention, emergence of smart pest control devices, regulatory compliance and certification, increased pest control in urban areas, incorporation of predictive analytics..
The increasing prevalence of pest-borne diseases is expected to propel the growth of the exterminating and pest control services market going forward. Vector-borne diseases, often known as pest-borne diseases, are human illnesses caused by parasites, viruses, and bacteria transmitted by vectors. Effective pest control measures such as exterminating and pest control involve reducing the population of these vectors, either by eliminating their breeding grounds or by killing adult insects through the use of insecticides or other interventions For instance, in June 2023, according to the European Centre for Disease Prevention and Control (ECDC), a Sweden-based government agency whose aim is to enhance Europe’s defenses against infectious illnesses, the EU/EEA recorded 1 133 human cases and 92 fatalities from West Nile virus infection, with 1 112 cases acquired locally in 11 countries in 2022, the greatest number of occurrences since the height of the epidemic year. In 2022, 71 cases of locally acquired dengue fever were reported in the EU/EEA, equaling the entire number of cases reported in the last decade. Therefore, the increasing prevalence of pest-borne diseases will drive the market for exterminating and pest control services.
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The exterminating and pest control services market covered in this report is segmented –
1) By Control Method: Chemical, Mechanical, Biological, Other Control Methods
2) By Pest Type: Insect, Termite, Rodents, Other Pest Types
3) By Application: Commercial, Residential, Industrial
Major companies operating in the exterminating and pest control services market are focused on developing new solutions to strengthen their position in the market. For instance, in March 2022, Provivi, Inc., a US-based scientific firm developing scalable, safer insect control technologies in partnership with Syngenta Crop Protection, LLC, launched Nelvium. Nelvium is Indonesia’s first mating disruption product, and it will assist rice producers in more successfully managing critical pests. The rice crop is the principal source of energy for half of the world’s population. The pheromones have been used in agriculture for over 30 years to control pests, this will be the first time that Indonesian rice has been treated with this technique. The advantages of utilizing pheromones in an efficient pest management system include their highly precise target activity and a mode of action that prevents rather than eliminates, therefore promoting biodiversity preservation and the development of non-target species. Syngenta Crop Protection is a Switzerland-based manufacturing company of agricultural services and crop protection chemical substances.
Major Players:
- Rentokil Initial PLC
- Rollins Inc.
- Anticimex Group
- Dodson Pest Control Inc.
- Ecolab Inc.
The exterminating and pest control services market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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