The global pest control services market is poised to expand at a 6.2% CAGR, totaling US$ 39.8 Bn in 2031, finds ESOMAR-certified consulting firm Future Market Insights (FMI) in a recent study.
Growing concerns regarding food safety and efficient sanitization in offices, hospitals, hotels, and restaurants have resulted in stringency of regulations to maintain proper hygiene standards. Kitchens in these spaces have to comply with the mandated hygiene standards to continue operating, which in turn is driving sales of pest control services.
As per recent data from the Centers for Disease Control and Prevention (CDC), approximately 48 million people in the U.S. fall ill, 128,000 are hospitalized and 3,000 die each year due to foodborne diseases.
In response to these staggering numbers, the Food and Drug Administration (FDA) has issues the FDA Food Safety Modernization Act (FSMA) which improves food safety and prevention of foodborne illness. The FDA has finalized seven rules to implement FSMA to protect the global supply chain for both human and animal food. The rules are specifically designed to take necessary actions to prevent contamination in every space that houses a cooking facility.
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Key Takeaways:
- In terms of applications, sales of pest control services for insect control are expected to hold account for over 75% of the market share in 2031.
- The U.S. is projected to hold a dominant share of more than 85% in the North America pest control services market.
- Sales of pest control services in the U.K. are poised to rise at a 3.9% CAGR.
- India will emerge as a lucrative pocket, accounting for more than half of the South Asia pest control services market.
- Sales of organic pest control services to grow at a 7.7% CAGR through 2031.
- Based on product type, the insecticides segment is slated to expand at a 7% CAGR through 2031.
- Adoption of pest control services in the residential sector to rise at 5.6% CAGR.
Competitive Landscape
Rollins, Inc., Rentokil Initial PLC, Anticimex, Cook’s Pest Control, Inc., ABC Home & Commercial Services, Animal Pest Management Services, Inc., Lloyd Pest Control, Green Earth Pest Control, LLC, Aptive Environmental, LLC, Home Paramount Pest Control, LLC, Dodson Pest Control, Environmental Pest Service, LLC, Truly Nolen of America, Inc., Florida Pest Control & Chemical, Massey Services, Inc., Arrow Exterminators, Ecolab, Inc., Green Pest Solutions, Apex Pest Control, Inc., Hulett Environmental Services, Plunkett’s Pest Control, Senske, Inc. are some of the leading players operating in the global pest control services market.
Leading players are actively investing in strategic collaborations, mergers, and acquisitions to expand their global footprint. Apart from this, research and development activities in collaboration with biochemical research organizations to launch organic pest control solutions will assist players to gain a competitive edge in the market. For instance:
- In March 2021, Provo, Utah-based Aptive Environmental expanded its services into 21 new metros across the country, including five new states. These locations cover Florida, Massachusetts, Michigan, Iowa, Missouri, Nebraska, North Carolina, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas, Tennessee, and Virginia.
- In January 2021, Truly Nolen Pest Control, based in Tucson, Arizona, acquired Zenobi Pest Control, based in Naples, Florida to expand its distribution network.
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Pest Control Services Market by Category
By Product:
- Insecticides
- Rodenticides
- Other Chemicals
- Mechanical
- Other Products
By Service Type:
- Chemical Control Services
- Organic
- Synthetic
- Mechanical Control Services
- Other Pest Control Services
By End-User:
- Residential
- Commercial and Industrial
- Agricultural
By Application:
- Rodent Control
- Insect Control
- Cockroaches
- Ants
- Bed Bugs
- Termites
- Mosquitoes
- Wasps
- Flies
- Other Insect Control
- Wildlife Control
- Birds
- Fleas
- Other Applications
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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