The global home and garden pesticides market size is anticipated to reach USD 12.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.9% from 2022 to 2030. The growing attitude of consumers towards landscaping and gardening activities, as well as increased investment in the development of urban green space, are some of the factors driving up market demand. The fact that many communities place a high value on having well-kept yards that necessitate adequate pest management in gardens, lawns, and other outdoor areas influences lawn and garden pesticide demand.
Home And Garden Pesticides Market Report Highlights
- The market is expected to expand at a CAGR of 5.9% from 2022 to 2030. The market is predicted to rise in the next years, owing to a growing interest in landscaping. Moreover, the total market is growing due to the rising demand for household and garden pesticides such as captan, folpet, dithiocarbamate, pentachlorophenol, and mercurial
- The garden segment accounted for the largest revenue share of 78.9% in 2021 and is expected to expand at a CAGR of 6.1% from 2022 to 2030. The growing popularity of community gardens is projected to offer growth avenues in commercial settings. According to the New York Times in 2021, Shanghai added 55 parks in 2020, bringing a total to 406. Such development efforts bode well for the garden pesticides market
- The insecticides segment accounted for a revenue share of 29.3% in 2021 and is estimated to ascend with the highest CAGR of 6.5% over the forecast period. The growing incidence of insect-borne diseases has given rise to the demand for insecticides for household disinfection and for outdoor spaces like pools, showers, or patios
- North America had the largest revenue share of 37.5% in 2021. According to Pesticide Action Network, U.S. homeowners apply an estimated 80 million pounds of synthetic pesticides to their lawns. This “cosmetic” use provides pesticide corporations their fastest sales growth in the region
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They are used to kill mosquitos that can spread diseases like West Nile virus, yellow fever, and malaria, which can all be deadly. They can also kill stinging insects such as bees, wasps, and ants, which can trigger allergic reactions. Insecticides help protect animals from parasites like fleas, which can cause sickness.Human illness caused by moldy food or diseased produce can be avoided with the application of pesticides. The highest market share belongs to the garden a segment. Over the anticipated time, it is also expected to be the fastest-growing application segment. By 2030, the herbicides product type is expected to have the biggest market share. This increase can be ascribed to the widespread use of herbicides to avoid the time-consuming task of eradicating undesired plants.
Herbicides can be used to eliminate weeds, trees, and brush from the side of the road. They can also eliminate invasive weeds that can harm the environment. In addition, consumers are becoming increasingly concerned about the products that they purchase and pay attention to where they are sourced from and whether it has any harmful impact on the environment. Consumers are increasingly purchasing eco-friendly products, and environment-conscious consumers are even willing to pay a higher price for these products.
Moreover, according to Evergreen Garden Care (UK) Ltd., the U.K. life expectancy has risen to 81 years, meaning that there will be more “65 +” gardeners who are living for longer. Moreover, the increasing influence of green spaces and gardens on eateries and restaurants has reflected a positive outlook toward lawns and gardens in commercial spaces, thereby positively influencing the growth of pesticides for their maintenance. Searches for garden bars skyrocketed by 122% globally, over the last 12 months in March 2021, as revealed in research from Made.com.
Home And Garden Pesticides Market Insights By Demography
North America held the largest share of more than 37.49%. In the U.S. and Canada, tending a kitchen garden is currently a key trend, where homeowners produce fresh vegetables for their own needs. Pesticides are widely utilized in the developing world, and demand for pesticides is rising as a result of the existing food production system, which prioritizes high agricultural yields. Many farmers in underdeveloped nations believe that using pesticides is the best way to protect their crops from pests like desert locusts, which have been a major danger in parts of Africa this year. As a result, insecticides may be the only source of crop insurance.
Industry Share Analysis By Major Companies
The market for home and garden pesticides includes both international and domestic participants. Key market players focus on strategies such as mergers, acquisitions, innovation and new product launches in retails about natural products to enhance their portfolio offering in the market. Some of the prominent players in the home and garden pesticides market include:
- Central Garden & Pet Company
- C. Johnson & Sons Inc.
- Bayer AG
- The Scotts Company LLC
- Syngenta
- Organic Laboratories, Inc.
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Home And Garden Pesticides Market Segmentation
Grand View Research has segmented the global home and garden pesticides market on the basis of type, application, and region:
- Home & Garden Pesticides Type Outlook (Revenue, USD Billion, 2017 – 2030)
- Home & Garden Pesticides Application Outlook (Revenue, USD Billion, 2017 – 2030)
- Home & Garden Pesticides Regional Outlook (Revenue, USD Billion, 2017 – 2030)
- List of Key Players of Home And Garden Pesticides Market
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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