Larvicides Market Research Report Information Information by Type (Microbial, Organophosphates, Insect Growth Regulators, and Others), Form (Solid and Liquid), Target (Mosquitoes, Flies, and Others), Application (Agriculture and Non-Agriculture), and Region (North America, Europe, Asia-Pacific, and RoW)– Forecast till 2030
ID: MRFR/AGR/4899-HCR | 140 Pages | Author: Varsha More | June 2023
Speak to Analyst
Request a Free Sample
Larvicides Market Overview
The global Larvicides Market is expected to garner a revenue of USD 1.25 billion by 2030, with a CAGR of approximately 5.2% during the forecast period, 2022-2030. Larvicides are insecticides that kill or restrict the growth of insects during the larval stage. Rise in the prevalence of insect-borne diseases, especially in the developing and least developed nations is the primary determinant boosting the global sales of larvicides. Moreover, rising awareness regarding environmental hygiene and the benefits of integrated pest management are also driving the growth of global larvicides market.
However, frequent application of certain insecticides has increased larval resistance, which, in turn, is hampering the sales of larvicides.In the developing nations, the high price of larval control methods and products is amongst the crucial factor hindering the market growth. Market players are witnessing challenges in their growth due to the uncertainty of the optimum usage dose of larvicides in both agriculture and non-agriculture purposes. Thus, to overcome the hindrances and challenges in the market, larvicide manufacturers are investing in their R&D activities to introduce technologically enhanced larvicides.
Larvicides Market Segmentation
The global larvicides market has been segmented based on type, form, target, application, and region. By type, the global larvicides market has been classified as microbial, organophosphates, insect growth regulators, and others. The global larvicides market has also been divided, on the basis of form, into solid and liquid. Based on target, the global market is segregated into mosquitoes, flies, and others. By application, the global larvicides market has been bifurcated into agriculture and non-agriculture. The global larvicides market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North America larvicides market has further been segmented into the US, Canada, and Mexico. The Europe larvicides market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The larvicides market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The larvicides market in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
Bayer AG (Germany), BASF SE (Germany), Syngenta (Switzerland), Sumitomo Chemical Co., Ltd (Japan), ADAMA Ltd (Israel), Certis USA LLC (US), Central Garden & Pet Company (US), Nufarm Limited (Australia), Russell IPM Ltd (UK), Gowan Company (US), Isagro (Italy), Arysta LifeScience Corporation (US), and Eli Lily and Company (US) are some of the key players operating in the global larvicides market.
Regional Market Summary
North America dominated the larvicides market in 2021 and is expected to maintain its dominance throughout the forecast period due to the increasing sale of insect control products in the region, for both agriculture and non-agriculture applications. Moreover, the presence of several prominent players in the region is also driving the market growth of larvicides in North America. However, the Asia-Pacific larvicides market is expected to register the highest CAGR during the forecast period owing to the adoption of advanced pest control methods, increasing incidences of insect-borne diseases, and rising health and hygiene concerns in the region.
Global Larvicides Market, by Type
- Microbial
- Organophosphates
- Insect Growth Regulators
- Others
Global Larvicides Market, by Form
- Solid
- Liquid
Global Larvicides Market, by Target
- Mosquitoes
- Flies
- Others
Global Larvicides Market, by Application
- Agriculture
- Non-Agriculture
Global Larvicides Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- Rest of Asia-Pacific
- Rest of the World (RoW)
- South America
- Middle East
- Africa
Intended Audience
- Larvicides manufacturers
- Insecticides manufacturers, suppliers, and traders
- Agricultural associations
- Raw material suppliers
- Retailers and wholesalers
- Traders, importers, and exporters
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 1.25 Billion |
| CAGR | 5.2% |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, Form, Target, Application, and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Bayer AG (Germany), BASF SE (Germany), Syngenta (Switzerland), Sumitomo Chemical Co., Ltd (Japan), ADAMA Ltd (Israel), Certis USA LLC (US), Central Garden & Pet Company (US), Nufarm Limited (Australia), Russell IPM Ltd (UK), Gowan Company (US), Isagro (Italy), Arysta LifeScience Corporation (US), and Eli Lily and Company (US) |
| Key Market Opportunities | Rise in the prevalence of insect-borne diseases |
| Key Market Drivers | Rising awareness regarding environmental hygiene, Benefits of integrated pest management |
Frequently Asked Questions (FAQ) :
Larvicides market is touted to touch USD 1.25 billion by 2030.
Larvicides market is expected to register 5.2% from 2022 to 2030.
Gowan Company, Central Garden & Pet Company, Arysta LifeScience Corporation, Eli Lily and Company, Isagro, BASF SE, ADAMA Ltd, Certis USA LLC, Sumitomo Chemical Co., Ltd, Nufarm Limited, Bayer AG, Russell IPM Ltd, and Syngenta are major players of the global larvicides market.
High prices of larval control products can hamper the global larvicides market.
Larvicides market is driven by the rising cases of insect-borne diseases in developing nations.
Key Questions Answered
- ✅ Global Market Outlook
- ✅ In-depth analysis of global and regional trends
- ✅ Analyze and identify the major players in the market, their market share, key developments, etc.
- ✅ To understand the capability of the major players based on products offered, financials, and strategies.
- ✅ Identify disrupting products, companies, and trends.
- ✅ To identify opportunities in the market.
- ✅ Analyze the key challenges in the market.
- ✅ Analyze the regional penetration of players, products, and services in the market.
- ✅ Comparison of major players’ financial performance.
- ✅ Evaluate strategies adopted by major players.
- ✅ Recommendations
Why Choose Market Research Future?
- ✅ Vigorous research methodologies for specific market.
- ✅ Knowledge partners across the globe
- ✅ Large network of partner consultants.
- ✅ Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- ✅ Trusted by fortune 500 companies/startups/universities/organizations
- ✅ Large database of 5000+ markets reports.
- ✅ Effective and prompt pre- and post-sales support.
Leading companies partner with us for data-driven Insights.
