Global Commodity Fumigation Service Market Analysis by Pest Type, Mode of Application, Application, Control Method, Region and segments forecast till 2033
Market Overview
The global Commodity Fumigation Service Market valued at USD 22,830 million in 2022 is to reach a value of USD 26,800 million in 2033, growing at a CAGR of 4.4%.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 22,830 million |
Market Forecast in 2033 | USD 26,800 million |
CAGR % 2023-2033 | 4.4% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more |
Key Companies | Terminix, Ecolab, Anticimex, Rollins Inc., Rentokil Initial Plc, RATSENSE, Bayer CropScience, BASF, Syngenta AG, Sumitomo Chemicals Co. Ltd., Adama, FMC Corporation, Corteva Agriscience, PelGar International, and Bell Laboratories |
Global Commodity Fumigation Service Market- Description
Applicable in the commercial setting, commodity fumigation aims to keep food-based products and raw ingredients utilized to make those products safe from pests. Generally, it is used to extinguish insects in storage units such as shipping containers, truck trailers, and boxcars. The storage unit is sealed to ensure it is airtight and then pumped full of chemicals with the use of a hose. After an extensive period of exposure to the fumigant, the storage unit is unsealed and aired out with the assistance of a fan. The complexity of pest infestation has increased with the increase in population, stimulated urban developments, and changes in weather patterns. This, in turn, has led to a robust demand for pest control products and services, throughout the world. Consumer awareness associated with health and hygiene issues has increased, leading to increased demand for pest control in the residential sectors. Additionally, the increased government regulations on hygiene mandates in the commercial and industrial sectors have also increased the demand for pest control in these sectors, across the globe.
Advancing economic activities, augmenting population, and the effects of insects, coupled with intolerance for pests, are fueling market growth. Climate change is serving as a major catalyst for the hike in command for pest control services across the globe. According to a statement by the World Health Organization, using recently predicted values for warmer temperatures, Goulson and colleagues estimated a potential increase in fly populations of 244% by 2080, compared with current levels. If it is to be true concomitant gains in fly-borne diseases would be expected. In order to avoid the worst scenario, consumers in the market are expected to be more inclined towards pest control services, along with precautionary measures to avoid potential damage. Increasing focus on the usage of biocides is also acting as a major factor for market growth. These are increasingly being used to replace traditional pesticides as they are more environmentally friendly. For instance, Rentokil has registered CO2 for use in the control of rodents under EU biocidal regulations. The company is continuing to work in the areas of insect and rodent control.
Key Trends of the Global Commodity Fumigation Service Market:
· Rising Adoption of Digital Applications and Technology
The most crucial aspect of food safety in the global food supply chains is pest control. The changes in the way food is produced, distributed, and sourced along with climate changes, have led to a heightened risk of food safety from pests. Additionally, more rigid and inflexible regulations for food safety and changes in consumer demands are the key factors that are estimated to encourage food producers or manufacturers to find more efficient and sustainable ways to ensure food quality and safety.
Changes in consumer habits, such as online shopping, have led to an increase in the use of automation in the supply chain, which allows pests to thrive where there are few or no humans around to notice pest infestations or deter pests, such as rats and mice. Thus, pest control manufacturers are adopting greener and smarter pest control solutions.
· Growth in Pest Resistance Against Chemical Compounds
Even though insects are effectively managed by the application of chemicals, these insect species can develop resistance to insecticides when exposed to a larger dose of these active ingredients frequently. For instance, flies are known to have developed high resistance against all types of insecticides due to the improper handling of pesticides. According to the Center for Integrated Pest Management, over 600 species of pests have developed resistance to chemical compounds. This has encouraged the use of biocontrol products and alternative measures, including crop rotation, to prevent pests from building any resistance.
Segmental Analysis of the Global Commodity Fumigation Service Market:
Based On Pest Type:
• Insects
• Cockroaches
• Bedbugs
• Mosquitoes
• Flies
• Ants
• Bees
• Wasps
• Others
• Termites
• Rodents
• Wildlife
• Opossums
• Racoons
• Squirrels
• Moles
• Chipmunks
• Bats
• Birds
• Reptiles
• Mollusks
Based On Control Method:
• Chemicals
• Insecticides
• Rodenticides
• Pheromones
• Repellents
• Biological
• Microbial
• Plant-extracts
• Predatory Insects
• Mechanical
• Trapping
• Light Traps
• Adhesive Traps
• Malaise Traps
• UV Radiation
• Ultrasonic Vibrations
• Mesh Screens
• Software and Services
The software & services segment plays a crucial part in digital pest control solutions while implementing platforms and executing activities related to them. These services include consulting, integration, and support and maintenance, which are required to install, execute, and maintain pest control. AI and IoT are trending technologies that help improvise smart pest monitoring and control. One of the key software & service providers is Rentokil, which offers PestConnect which includes a range of IoT-enabled pest-control devices that allows the monitoring of food processing facilities with maximum efficiency and minimum effort.
Based On the Mode of Application:
• Powder
• Sprays
• Traps
• Pellets
• Baits
Traps are among the oldest forms of pest control and can be used to control certain forms of insects as well as wildlife pests. The different types of traps include glue traps, rat traps, mesh, mousetraps, cages, and snare traps. Traps are the most desired solution as they are inexpensive and can often be used multiple times. While most of these traps require manual handling, there have been developments with respect to a newer generation of traps that employ a higher degree of digital components.
Based On Application:
• Residential
• Commercial
• Livestock
• Industrial
• Non-commercial Institutes
• Storage and Transportation
The residential segment is witnessing a surge in demand for pest control services for the containment of cockroaches, bed bugs, mosquitoes, and termites. Dust control is recommended for residential areas and home applications. Baits are also used for indoor and outdoor applications in residential areas.
Global Commodity Fumigation Service Market: Geographical Analysis
The Global Commodity Fumigation Service Market is further segmented into five 5 major countries, North America, Europe, APAC, MEA, and South America.
The North American market is projected to be the largest, while the Asia Pacific market is projected to grow at the highest CAGR. North America was the largest consumer of pest control. It is still the largest market for pest control, with 50.6% of the market share. There are over 20,000 pest control companies in North America, with an average of six technicians in each company. The strengthening of the housing market and a steadily improving economy have led to increased investments in both residential and commercial properties.
Global Commodity Fumigation Service Market: Recent Developments
The Global Commodity Fumigation Service Market is segmented into five main regions namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Among these, North America has dominated the market growth over the forecast period. This is because of the rising rate of adoption of digital advertising tools and digital web-based campaign management solutions by advertising and marketing companies in order to increase their customer base in the region.
Global Commodity Fumigation Service Market: Key Companies
· Terminix
· Ecolab
· Anticimex
· Rollins Inc.
· Rentokil Initial Plc
· RATSENSE
· Bayer CropScience
· BASF
· Syngenta AG
· Sumitomo Chemicals Co. Ltd.
· Adama
· FMC Corporation
· Corteva Agriscience
· PelGar International
· Bell Laboratories
· Others
Global Commodity Fumigation Service Market: Regional Scope
North America
· U.S.
· Canada
· Mexico
Europe
· U.K.
· Germany
· France
· Italy
· Spain
· Rest of Europe
Asia Pacific
· China
· India
· Japan
· South Korea
· Australia
· Rest of Asia Pacific
South America
· Brazil
· Argentina
· Rest of South America
Middle East and Africa
· Saudi Arabia
· UAE
· Egypt
· South Africa
· Rest of Middle East and Africa
Why to buy this Report?
Market research: The report provides valuable insights into market trends, growth opportunities, and competitive landscapes. By reading a technology report, businesses and investors can gain a better understanding of the market they are operating in or considering entering, and make more informed decisions based on data and analysis.
Competitive analysis: The report reports provide detailed information on competitors' strengths, weaknesses, and strategies, which can help businesses identify potential threats and opportunities in the market.
Innovation: The report provides insights into emerging technologies and trends, which can help businesses stay up-to-date with the latest developments and make informed decisions about where to invest their resources.
Due diligence: The report can be used by investors and acquirers as part of their due diligence process when considering investing in or acquiring a technology company. These reports can provide valuable information on the company's financials, technology, market position, and other key factors.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Only Three Thousand Four Hundred Ninety Nine US dollar
Only Four Thousand Four Hundred Ninety Nine US dollar
Only Five Thousand Four Hundred Ninety Nine US dollar