Global insect pest control market to reach USD 16.6 billion by 2027. Global insect pest control market is valued approximately at USD 11.7 billion in 2020 and is anticipated to grow with a healthy growth rate of about 5.1% over the forecast period 2021-2027. Insect pest control refers to the management or regulation of pest, that adversely impacts human activities. Insect pest control can be achieved by applying insecticides when necessary, monitoring the crop, and by growing crops and varieties which are resistant to pests. The global insect pest control market is being driven by increase in instances of insect-borne disease outbreaks and ease of application, availability, and high efficiency of insect pest control products. Furthermore, emergence of biological insect pest control solutions will provide new opportunities for the global insect pest control industry. In addition, market players are developing innovative products in insect pest control. For instance, in 2020, Syngenta Crop Protection launched its new product, Spiropidion to assist farmers to protect crops against pests in an environmentally sustainable and effective manner. Also, in 2018, Mortein launched a new product to tackle the increasing disease threat. Such product development is expected to fuel further innovations in the market. Hence, this is expected to boost the market growth. However, risks associated with storage of insect pest control products may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global insect pest control market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global insect pest control market over the forecast period 2021-2027. Factors such as increasing prevalence of insect-borne diseases in countries such as the United States and Canada, presence of majority of the key market giants across the region, technological developments coupled with product innovations, etc. contribute towards the largest market share of the region in the forecast years.

Major market player included in this report are:
Bayer
BASF
Sumitomo Chemical
Korea Henkel home care Co. Ltd.
FMC Corporation
Syngenta
ADAMA
Rentokil Initial Group
Terminix
Rollins, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Insect Type:
Termites
Cockroaches
Bedbugs
Mosquitoes
Flies
Ants
Others
By Application:
Commercial & industrial
Residential
Livestock farms
Others
By Control Method:
Chemical
Physical
Biological
Others
By Form:
Dry
Liquid
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Insect Pest Control Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors