Global Pest Control Market: Overview
Increasing economic activity, population increase, and the consequences of insects, together with pest intolerance, are all driving growth of the global Pest Control market. The growth in demand for pest management services throughout the world is being fueled in part by climate change. To avoid the worst-case situation, market customers are predicted to be more inclined toward pest control services, as well as preventative actions to mitigate potential harm.
The increased attention on the use of biocides is also contributing to expansion of the global Pest Control market. As they are more environment friendly, they are increasingly being utilized to replace conventional pesticides. Rentokil, for instance, has applied to the European Union to register CO2 for use in rodent control. Rodent and insect control are still areas of focus for the organization.
Firms are creating innovative technical solutions to increase service efficiency in order to secure a foothold in the mature industry. Online sales, route optimization, usage of smartphone apps to spot pests, wireless communications technology to provide real-time technical help in the field, and smarter extranets to provide customers with more management information are just a few instances.
Pest type, type, application, and region are important factors in the market that has been considered for the classification of the global pest control market.
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Global Pest Control Market: Notable Developments
Bayer developed Vynyty Citrus, a biological and pheromone-based crop protection solution for citrus plantations, in March 2021. A container containing an active liquid inside is called Vynyty Citrus. It is the only citrus pest control solution that makes use of natural pyrethrum and pheromones. Pheromones keep pests at bay by meddling with their mating behaviour, preventing them from reproducing.
Some of the major players in the global pest control market are as mentioned below
- Sumitomo Chemical Co. Ltd.
- JT Eaton & Co. Inc.
- Bell Laboratories Inc.
- The Terminix International Company
- V3 Smart Technologies
- Rentokil Initial plc.
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Global Pest Control Market: Key Trends
Below-mentioned developments, restraints, opportunities, and drivers are anticipated to characterize the global pest control market
Increasing Utilization of Various Technologies to Spell Growth of the Market
The use of numerous emerging technologies, such as artificial intelligence (AI), has been on the upswing due to affordable service costs and the capability to operate in remote as well as difficult-to-access and remote regions without hampering facility operations. As a result, in the future years, the demand for digital pest management solutions is expected to skyrocket. Rentokil, a pest treatment company, uses AI-based picture recognition techniques to find and treat extensive variety of pests and vermin. Many of the firm’s pest management staff utilize an Android mobile app developed by Accenture to find bugs. When a professional observes an increase in a certain bug or rodent, he or she can take a picture of it and then send it to the PestID app. Utilization of such latest technologies are anticipated to augur well for the global pest control market during the forecast period.
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Global Pest Control Market: Geographical Analysis
Asia Pacific is predicted to grow at a rapid growth rate during the forecast period. Other pests such as cockroaches, ants, rats, and flying insects are the main pests in Asia, while termites and mosquitoes are serious dangers. Large food-related enterprises are sharing pest control duty with their suppliers and seeking management information to satisfy certification demands as pest threats in the Asian supply chain grow. Japan generates the majority of income in Asia Pacific. The termite and commercial market divisions of the professional pest control business in the nation looked to benefit from the strengthening of the housing market and a continuously improving economy.