The pest control market size is projected to reach USD 22.04 Billion by 2021, at a CAGR of around 5.3% from 2016. Emerging countries such as India, Japan, and Australia are the primary targets of the industry as they demand hygienic environmental conditions. Factors such as developing economies, climatic changes, easy availability of pest control service providers, and increasing pest population are some of the major drivers of this market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144665518
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.
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.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=144665518
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.).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” 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.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441