Quick Summary:
In an era of increasing environmental change and challenges posed by vector-borne diseases, the global Larvicides market presents significant growth potential. Valued at US$953.8 Million in 2022, the industry is projected to grow to an impressive US$1.4 Billion by 2030, underlining its ever-growing importance in the agricultural and public health sectors.
Our market research report offers an in-depth, data-driven analysis of this dynamic field, providing vital insights on geographical growth trends, key competitors and evolving industry dynamics. Notably, it addresses the promising growth of the Larvicides market in China with an estimated CAGR of 7.9%, as well as growth trends in other significant markets such as in the U.S., Japan, Canada and Germany. Our comprehensive selection of competitor profiles, featuring 47 key players in the industry, provides an essential tool for informed strategizing and decision-making in this profitable market. We invite you to discover the potential in the Larvicides market with our detailed and comprehensive report.
Global Larvicides Market to Reach $1.4 Billion by 2030
The global market for Larvicides estimated at US$953.8 Million in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030. Chemical Agents, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$522.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Biocontrol Agents segment is readjusted to a revised 5.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $252.8 Million, While China is Forecast to Grow at 7.9% CAGR
The Larvicides market in the U.S. is estimated at US$252.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$318.2 Million by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.Select Competitors (Total 47 Featured) -
- ADAMA Agricultural Solutions Ltd.
- BASF SE
- Bayer AG
- Central Garden & Pet Company
- Certis USA LLC
- Eli Lilly and Company
- Gowan Company LLC
- Nufarm Limited
- Russell IPM Ltd.
- Sumitomo Chemical Co., Ltd.
- Summit Chemical Company
- Syngenta AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Larvicides?
What is the growth rate of the Global Market for Larvicides?
What is the forecasted size of the Global Market for Larvicides?
Who are the key companies in the Global Market for Larvicides?
| Report Attribute | Details |
|---|---|
| No. of Pages | 197 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 953.8 Million |
| Forecasted Market Value ( USD | $ 1400 Million |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ADAMA Agricultural Solutions Ltd.
- BASF SE
- Bayer AG
- Central Garden & Pet Company
- Certis USA LLC
- Eli Lilly and Company
- Gowan Company LLC
- Nufarm Limited
- Russell IPM Ltd.
- Sumitomo Chemical Co., Ltd.
- Summit Chemical Company
- Syngenta AG
