49 CHEMICALS KNOWLEDGE HUB Issue 1 / July 2025 crop protection pesticides often result in delayed product approvals; this hampers the growth of the market. The lengthy approval procedure for the registration of an active ingredient and the growing resistance against chemical insecticides among insects also add to the factors challenging the market’s growth. According to MarketsandMarkets the market for pest control is projected to grow at a CAGR of 5.7% from 2022 to reach USD 32,804.0 million by 2028. The pest control market is driven by rapid urbanization across all regions. Increasing awareness about public hygiene and the prevention of vector-borne diseases, coupled with the rising adoption of digital applications and technology, has fueled the demand for pest control services globally. The increasing awareness of public health has compelled people to adopt pest control services regularly at residential and commercial levels. The North American region dominated the pest control market for insects. The strong emphasis on controlling diseases in North America, especially in the US, is projected to play an important role in increasing the demand for pest control for insects, along with other preventive measures. Developing countries in the Asia Pacific and South American regions have been witnessing strong demand for pest control products, especially those associated with public and environmental health. In these regions, these products are generally sought for the control of mosquitoes, flies, fleas, and beetles and use in public places, garbage yards, grain warehouses, and the livestock industry. In developing countries, the enhanced standards in the service industry (which includes hotels, restaurants, spas, and hospitals) have increased the demand for insect control products. The global pest control market has witnessed substantial growth in recent years, driven by increasing urbanization, heightened awareness of health and hygiene, and expanding commercial sectors. With a heightened focus on sustainable solutions, integrated pest management (IPM) practices have gained prominence, emphasizing reduced chemical usage and ecological balance. Additionally, stringent regulations and a growing demand for organic alternatives have propelled the adoption of eco-friendly pest control methods. North America and Europe remain key markets due to advanced infrastructures and strict pest control regulations. Meanwhile, Asia-Pacific showcases significant potential for growth, attributed to rapid urban development and changing consumer perceptions. The commercial segment, including hospitality, food processing, and healthcare industries, has emerged as a major driver for pest control services, while residential demand remains consistent. Technology also plays a pivotal role, with innovations like smart pest monitoring systems and data analytics optimizing Figure 1. Ecosystem analysis. INNOVATION & TRENDS
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