A larvicide (alternatively larvacide) is an insecticide that is specifically targeted against the larval life stage of an insect. Their most common use is against mosquitoes. Larvicides may be contact poisons, stomach poisons, growth regulators, or (increasingly) biological control agents.
Market Analysis and Insights: Global Larvicides Market
Due to the COVID-19 pandemic, the global Larvicides market size is estimated to be worth US$ 718 million in 2022 and is forecast to a readjusted size of US$ 903.3 million by 2028 with a CAGR of 3.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Biocontrol Agents accounting for % of the Larvicides global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Public Health segment is altered to an % CAGR throughout this forecast period.
North America accounted for the largest market share in 2017, followed by Europe. North America is estimated to be the world’s largest market for pest control products, with the presence of many multinational and national companies in the region. Regions such as Asia Pacific, South America, and Africa and the Middle East are also witnessing an increase in demand for larvicides due to an increase in incidences of diseases, the prevalence of stringent hygiene & food safety legislation, IPM practices, and the growing middle-class population.
Global Larvicides Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Larvicides Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Biocontrol Agents
Chemical Agents
Insect Growth Regulators
Other Control Methods
Segment by Application
Public Health
Agricultural
Commercial
Residential
Livestock
By Company
Bayer
Syngenta
BASF
Sumitomo Chemical
ADAMA Agricultural Solutions
Certis USA
Central Garden & Pet Company
Nufarm
Russell Ipm
Eli Lilly
Summit Chemical
Gowan Company
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina