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Larvicides Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Global Larvicides Market segmented on basis of Control Method- ( Biocontrol agent, Chemical agent, Insect growth regulator), Product Type - ( Synthetic Larvicides, Natural Larvicides, Biological Larvicides), By Application -( Agriculture and Non - Agriculture) and Geography

Home Industry Reports Agriculture Larvicides Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Snapshot

Study Period:

2016 - 2026

Base Year:

2020

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

5.2 %

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Market Overview

The Larvicides Market is estimated to register a CAGR of 5.2% during the forecast period (2020-2025). According to WHO, 40% of the population living mostly in underdeveloped countries is at risk of serious diseases such as malaria, which is one of the life-threatening diseases caused by parasites transmitted by female anopheles’ mosquitoes. For instance, in 2017, there were an estimated 219 million cases of malaria in 87 countries and total funding of malaria control estimated to be USD 3.1 billion. State contributions from tropical countries contributed to USD 900 million, accounting for 28% of total funding. As a result, an increasing number of outbreaks of disease, vector-based epidemics and a rise in pest attacks are some of the major factors that drive the larvicides market, globally. Among the regions, Asia Pacific holds the major market share in the larvicides market due to climate change which poses threat to public health caused by an urban pest. 

 

Scope of the Report

Larvicides chemicals constitute a class of agrochemicals used against the larval life stage of an insect for preventing the destruction of crops by pests, diseases, and weeds. Larvicides are one of the form of pesticides within the market for crop protection chemicals. The report covers an extensive study of segments and factors driving the growth of the commercial larvicides market. An in-depth analysis of the future market and trend was exclusively measured in this report. Factors driving region-wise analysis are also covered with great observations.

Application
Agriculture
Non-Agriculture
Control Method
Bio control agent
Chemical agent
Insect growth regulator
Product Type
Synthetic Larvicides
Natural Larvicides
Biological Larvicides
Target Insect
Mosquitoes
Flies
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Rest of the Asia-Pacific
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Moquito Borne Diseases Drive the Larvicides Market

Mosquito-borne diseases have become devastating in most countries, such as South America and Asia. Deadly diseases such as malaria, chikungunya, dengue can be managed by larvicide use.
For example, the outbreaks of diseases such as the zika virus have made the European region more susceptible to the spread of mosquito populations. Sub-saharan Africa, the middle east, Latin America, Asia and several parts of Europe are malaria-affected regions, thus raising concern for reducing dengue and malaria cases creates an opportunity for the larvicides market in the target region. Additionally, Government spending in the developing sector and the involvement of multinational companies drive the larvicide market.
 

 

larvicides-market1

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North America Dominates the Market

North America is estimated as the largest consumer due to the presence of many multinational companies in the region. The market of the US and Canada is huge owing to effective surveillance and vector control programs. North America accounted for the largest share in 2017, followed by Europe.Asia Pacific is projected to grow with the highest CAGR due to the spread of mosquito-borne diseases. Due to high urbanization and a rise in public intolerance to pest will fuel the larvicides market in the future.

larvicides-market2

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Competitive Landscape

Regions such as Asia Pacific, Africa, Middle East, and South America are witnessing demand for the larvicides market due to an increase in incidences of diseases, the prevalence of stringent hygiene and food safety legislation, growing middle-class population and IPM practices.The larvicides Industry is severely competetive and fragmented due to the existence of various established players taking part in various marketing strategies to enhance their market share. Players operating in the market are mainly focussing on product differentiation, price, brand, quality and product portfolio.

Global Larvicides market is highly fragmented and the major players have used various strategies such as joint ventures, new product launch, partnerships, agreements,expansion, merger and acquisitions and other to increase footprint in this market.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Agriculture

      2. 5.1.2 Non-Agriculture

    2. 5.2 Control Method

      1. 5.2.1 Bio control agent

      2. 5.2.2 Chemical agent

      3. 5.2.3 Insect growth regulator

    3. 5.3 Product Type

      1. 5.3.1 Synthetic Larvicides

      2. 5.3.2 Natural Larvicides

      3. 5.3.3 Biological Larvicides

    4. 5.4 Target Insect

      1. 5.4.1 Mosquitoes

      2. 5.4.2 Flies

      3. 5.4.3 Others

    5. 5.5 Geography

      1. 5.5.1 North America

        1. 5.5.1.1 United States

        2. 5.5.1.2 Canada

        3. 5.5.1.3 Mexico

        4. 5.5.1.4 Rest of North America

      2. 5.5.2 Europe

        1. 5.5.2.1 Germany

        2. 5.5.2.2 United Kingdom

        3. 5.5.2.3 France

        4. 5.5.2.4 Russia

        5. 5.5.2.5 Spain

        6. 5.5.2.6 Rest of Europe

      3. 5.5.3 Asia Pacific

        1. 5.5.3.1 India

        2. 5.5.3.2 China

        3. 5.5.3.3 Japan

        4. 5.5.3.4 Rest of the Asia-Pacific

      4. 5.5.4 South America

        1. 5.5.4.1 Brazil

        2. 5.5.4.2 Argentina

        3. 5.5.4.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Adama

      2. 6.3.2 BASF

      3. 6.3.3 Sumitomo Chemical

      4. 6.3.4 Certis

      5. 6.3.5 Summit Chemical

      6. 6.3.6 Nufarm

      7. 6.3.7 Russell IPM

      8. 6.3.8 Central Garden & Pet Co.

      9. 6.3.9 Eli Lily and Company

      10. 6.3.10 Syngenta

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Larvicides Market market is studied from 2016 - 2026.

The Larvicides Market is growing at a CAGR of 5.2% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

  • Adama
  • BASF
  • Sumitomo Chemical
  • Certis
  • Summit Chemical

Are the major companies operating in Larvicides Market.

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