Insecticide & Pest Control Products

Because of the significant increase in agricultural productivity and crops, insecticides and other pest control products have been witnessing a major growth in demand and popularization. Insecticides are substances used to kill insects and protect crops, gardens, trees and many more.
These products are commonly used in agriculture, medicine, industry and at home household consumers. The classification of insecticides and other pest control products can be on the basis of their chemistry, toxicological action and mode of penetration. The variation in effect and how these products are applied is a major selling point for manufacturers. Insecticides can take effect upon ingestion, inhalation or penetration of the body. These products can be synthetic or made from organic compounds and because of that the market size and share is very diverse and on the rise.

The insecticides market is estimated to be valued at USD 14.5 billion in 2017; it is projected to grow at a CAGR of 5.8%, to reach USD 19.3 billion by 2022. The key factors which drive the market growth during the forecast period are increases in crop loss due to insect attacks and improved advancement in farming practices and techniques.
Cereals are grown in almost all countries across the globe and insecticides are primarily used in treating corn, rice and wheat in the cereals and grains segment, this has resulted in a high consumer demand for pest control products globally. Because agriculture has been booming in recent decades, producers are focusing on the quality of their crop yield and are looking for high quality and reliable insecticides and pest control products. Private label manufacturers have been one of the key players on the market, propelling the growth and popularity of the products.