12.05.2020 Views

Vector Control Market

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Vector Control Market size is expected to cross USD 20 Billion by 2025

Vector Control Market Research Report -

Global Forecast till 2025

P a g e | 1

sales@marketresearchfuture.com

Copyright © 2017 Market Research Future.


Vector Control Market size is expected to cross USD 20 Billion by 2025

Market Forecast

Vector Control Market size is expected to cross USD 22 Billion by 2025 at

a CAGR of 5% during the forecast period of 2019 to 2025. Vector control activities

include vector control equipment and vector control systems. Market players are

witnessing challenges due to the unavailability of adequate resources and tools to

control the vector population in various developing countries in Asia-Pacific and

Africa. Moreover, the reluctance of agrochemical manufacturers to invest in non-crop

vector control chemicals is posing a threat to the overall market growth.

Global Vector control Market refers to the vector control system and vector control

equipment used to limit or eradicate the vector population that transmits pathogens

from one host to another. The global vector control market growth is driven by

various factors such as the rising prevalence of vector-borne diseases in both humans

and livestock. More than 17% of all infectious diseases annually can be traced to the

transmission of pathogens by various vectors. Trypanosome infection, a vector-borne

disease in cattle, is estimated to cause nearly 20% production loss by impacting milk

production, draft power, morbidity, mortality, and calving rate.

Rising awareness regarding the global burden of vector-borne diseases, the impact

of vector control methods, and increasing initiatives by government organizations

are expected to address the hindrances and offer profitable growth opportunities to

the market players during the forecast period. The rising burden of vector-borne

diseases and disparities between different regions regarding the availability of

resources to control vector population have led to increasing initiatives and

investments by various organizations to curb vector-borne diseases.

Key Players

• Bayer AG (Germany)

• Syngenta AG (Switzerland)

• BASF SE (Germany)

• Bell Laboratories, Inc. (US)

• FMC Corporation (US)

• Rentokil Initial plc (UK)

P a g e | 2

sales@marketresearchfuture.com

Copyright © 2017 Market Research Future.


Vector Control Market size is expected to cross USD 20 Billion by 2025

• Ecolab (US)

• The Terminix International Company LP (US)

Growth Opportunities in the Market

Rodents segment to register the highest CAGR during the forecast period: A

rise in global outbreaks of lethal diseases such as hantavirus pulmonary syndrome

and hemorrhagic fever with renal syndrome caused by rodents has resulted in an

increase in the number of initiatives taken to control the rodent population. Market

players are expanding their product portfolios to target the rodent population and

exploit the growth opportunities in the market.

Biological vector control method to witness higher adoption in the coming

years: Increasing environmental concerns and insecticide resistance due to

continuous use of chemical-based vector control products are expected to boost the

sales of biological vector control products. Additionally, microbial, predators, and

botanicals are safer than chemical products, owing to which the segment is expected

to register the highest growth rate during the forecast period.

Access Report Details

@ https://www.marketresearchfuture.com/reports/vector-controlmarket-8593

Regional Analysis

North America: The region garnered the largest revenue share of the global vector

control market in 2018 owing to the rising demand for vector control services and

products for residential and non-residential applications.

Asia-Pacific: The regional market is expected to register the highest growth rate

during the forecast period owing to rapid urbanization, improper waste management

systems, high incidences of vector-borne diseases, and increasing awareness.

P a g e | 3

sales@marketresearchfuture.com

Copyright © 2017 Market Research Future.


Vector Control Market size is expected to cross USD 20 Billion by 2025

P a g e | 4

sales@marketresearchfuture.com

Copyright © 2017 Market Research Future.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!