Apr 14, 2022   SOURCE: BusinessWire

Global Consumer Pesticides Market 2022-2025: Health & Hygiene Concerns to Drive Household Pesticide Demand - ResearchAndMarkets.com

The "Global Consumer Pesticides Market 2022-2025" report has been added to ResearchAndMarkets.com's offering.

Demand for consumer pesticides is projected to increase 3.3% per year to $7.7 billion in 2025.

Gains will be supported by:

  • rising personal incomes and greater availability of a range of consumer products in developing markets, particularly in Central and South America, the Asia/Pacific region, and the Africa/Mideast region
  • the continuing uptake of higher-value products in the US

US Consumer Pesticide Market Will Remain Dominant

The US is by far the largest market for consumer pesticides, and is expected to remain so going forward; despite being a mature, well-developed market, its large size means that it will still account for one-third of total growth in the global consumer pesticide market through 2025. The country's significant emphasis on well-manicured lawns and gardens and US consumers' general willingness to pay more for products that are easy to use will support continued demand for consumer pesticides. However, gains in the US lawn and garden segment are expected to slow somewhat from a high 2020 base as gardening surged in popularity during the first year of the COVID-19 pandemic.

Health & Hygiene Concerns to Drive Household Pesticide Demand

In most markets, particularly in lower income countries, concerns about insects and other pests as disease vectors will be a major driver of demand for household pesticides. As standards of living improve around the world and a greater range of pesticides becomes more readily available, consumer demand for household insecticides and other pesticides is expected to rise. Changes to the global climate will also increase insect populations in many regions, further supporting demand. However, in many low-income areas, these products will still face significant competition from non-chemical alternatives such as mosquito nets and rodent traps.

Environmental Regulations, Consumer Concerns Will Shape Lawn & Garden Segment

Lawn and garden pesticides will be increasingly regulated to mitigate impacts on the environment, particularly with regard to water quality, soil quality, and impacts on non-target species such as beneficial pollinators. Additionally, consumers are becoming increasingly wary of excessive pesticide use, and in more eco-conscious countries, consumers are more circumspect about their use of nonessential pesticides. These factors will support demand for higher value formulations that contain safer active ingredients, but will also restrain growth in volume terms. Bayer's decision to reformulate US consumer Roundup products to exclude glyphosate was based on litigation risks related to these consumer concerns, and other leading suppliers will likely follow suit in offering a greater range of pesticides that exclude active ingredients that are concerning to consumers.

Key Topics Covered:

1. Executive Summary

2. About This Report

  • Study Scope & Product Description
  • Impact of COVID-19 Pandemic

3. Overview

  • Historical Market Trends
  • Demand by Region
  • Leading Country Markets
  • Fastest Growing Country Markets
  • Applications
  • Demand by Application
  • Household Pesticides
  • Lawn & Garden Pesticides
  • Market Share & Leading Producers

4. Products

  • Demand by Product
  • Insecticides
  • Herbicides
  • Fungicides & Other Pesticides

5. North America

  • North America: Consumer Pesticides Market Size & Historical Trends North America: Demand by Country
  • North America: Demand by Product & Application

6. Central & South America

  • Central & South America: Consumer Pesticides Market Size & Historical Trends
  • Central & South America: Demand by Country
  • Central & South America: Demand by Product & Application

7. Western Europe

  • Western Europe: Consumer Pesticides Market Size & Historical Trends
  • Western Europe: Demand by Country
  • Western Europe: Demand by Product & Application

8. Eastern Europe

  • Eastern Europe: Consumer Pesticides Market Size & Historical Trends
  • Eastern Europe: Demand by Country
  • Eastern Europe: Demand by Product & Application

9. Asia/Pacific

  • Asia/Pacific: Consumer Pesticides Market Size & Historical Trends
  • Asia/Pacific: Demand by Country
  • Asia/Pacific: Demand by Product & Application

10. Africa/Mideast

  • Africa/Mideast: Consumer Pesticides Market Size & Historical Trends
  • Africa/Mideast: Demand by Country
  • Africa/Mideast: Demand by Product & Application

Companies Mentioned

  • Bayer
  • FMC
  • Scotts Miracle-Gro
  • Spectrum Brands
  • Sumitomo

     

     

For more information about this report visit https://www.researchandmarkets.com/r/nu6869

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