Vector Control Market
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Vector Control Market size is expected to cross USD 20 Billion by 2025
Vector Control Market Research Report -
Global Forecast till 2025
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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)
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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.
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@ 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.
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Vector Control Market size is expected to cross USD 20 Billion by 2025
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Copyright © 2017 Market Research Future.