PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1453980
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1453980
According to Stratistics MRC, the Global Vector Control Market is accounted for $21.03 billion in 2023 and is expected to reach $39.72 billion by 2030 growing at a CAGR of 9.5% during the forecast period. Vector control refers to the management of organisms that transmit diseases, such as mosquitoes, ticks, and flies, aiming to reduce their population and mitigate the spread of associated illnesses. It combines various approaches, including surveillance, community engagement, and the application of multiple control methods, to achieve sustainable results while minimizing adverse effects on the environment and human health. Effective vector control is crucial in preventing outbreaks of diseases like malaria, dengue fever, and Zika virus.
According to the European Centre for Disease Prevention and Control (ECDC) 2023, a Sweden-based agency of the European Union, over 4.2 million cases and over 3,000 dengue-related deaths have been reported from 79 countries or territories globally.
Growing awareness of vector-borne diseases
As people become increasingly educated about diseases transmitted by vectors such as mosquitoes, ticks, and flies, there is a heightened demand for effective control measures. Public health campaigns, media coverage, and educational initiatives raise awareness about the risks associated with vector-borne illnesses, prompting individuals, communities, and governments to prioritize vector control efforts. This increased awareness not only fosters a proactive approach to disease prevention but also drives investment in research, development, and implementation of innovative vector control strategies, leading to a more robust and responsive market.
Stringent regulations
Stringent regulations in vector control often revolve around the use of chemicals and pesticides due to their potential environmental and health impacts. These regulations impose restrictions on the types of chemicals that can be used, their application methods, and safety protocols. Compliance with these regulations requires rigorous testing, registration, and approval processes, which can be time-consuming and costly for companies developing vector control products. Additionally, strict regulations may deter investment in research and development, hampering market growth.
Rapid urbanization
As cities expand, they create conducive environments for vectors such as mosquitoes, flies, and rodents to thrive. Increased population density, inadequate sanitation, and the accumulation of waste provide breeding grounds for these disease-carrying organisms. Consequently, there is a heightened risk of vector-borne diseases in urban areas. To address this challenge, there is a growing demand for effective vector control measures, including surveillance, habitat modification, and targeted interventions. Urban planners, policymakers, and public health authorities are increasingly prioritizing vector control initiatives to mitigate disease transmission, driving growth in the vector control market.
Supply chain disruptions
Supply chain disruptions in vector control can occur due to various factors such as natural disasters, pandemics, and geopolitical tensions. These disruptions impact the availability of essential vector control products and equipment, including insecticides, traps, and protective gear. Interruptions in manufacturing, transportation, and distribution channels can lead to delays in product delivery, increased costs, and shortages in the market. As a result, vector control programs may experience setbacks in implementation, hindering their effectiveness in combating vector-borne diseases.
Covid-19 Impact
The covid-19 pandemic has significantly impacted the vector control market. With heightened awareness of disease transmission, there has been increased demand for vector control products and services to combat potential outbreaks. However, lockdowns and disruptions to supply chains have hindered the distribution of these products, leading to temporary setbacks. Additionally, diverted resources and focus towards epidemic response efforts have affected funding and attention on vector control initiatives for diseases likes malaria and dengue. Nevertheless, the long-term importance of vector control in public health remains evident, driving resilience and adaptation within the market.
The mosquito control segment is expected to be the largest during the forecast period
The mosquito control segment is estimated to have a lucrative growth. Vector control, a vital aspect of public health, targets mosquitoes to prevent the spread of diseases like malaria, dengue, and Zika. Various methods are employed for mosquito control, including larviciding to target mosquito larvae in water sources, insecticide spraying to reduce adult populations, and the use of biological controls such as introducing predator species or bacteria to limit mosquito breeding. Additionally, community education, habitat modification, and the use of mosquito nets contribute to effective vector control strategies, aiming to mitigate the transmission of mosquito-borne illnesses and safeguard public health.
The outdoor vector control segment is expected to have the highest CAGR during the forecast period
The outdoor vector control segment is anticipated to witness the highest CAGR growth during the forecast period. Outdoor vector control focuses on managing disease-carrying organisms like mosquitoes in outdoor environments to mitigate public health risks. Additionally, biological controls, like introducing natural predators or bacteria to control mosquito populations, are utilized. Integrated approaches, combining various methods such as community education, habitat modification, and surveillance, enhance the effectiveness of outdoor vector control efforts, safeguarding communities from mosquito-borne diseases.
Asia Pacific is projected to hold the largest market share during the forecast period owing to the prevalence of vector-borne diseases like malaria, dengue, and Zika virus. Factors such as rapid urbanization, climate change, and increasing awareness about the importance of vector control are driving market expansion. Government initiatives aimed at controlling disease transmission vectors also contribute to market growth. Key players in the region are focusing on developing innovative vector control solutions to address specific regional challenges. The market is expected to continue growing as countries invest more in public health infrastructure and vector control measures.
Europe is projected to have the highest CAGR over the forecast period, owing to increasing incidences of vector-borne diseases like Lyme disease and West Nile virus. Government initiatives, stringent regulations, and technological advancements in pest control products and services are further propelling market growth. Additionally, collaborations between public health agencies and private sector companies are enhancing vector surveillance and control efforts across the region, contributing to market expansion.
Key players in the market
Some of the key players profiled in the Vector Control Market include Bayer AG, BASF SE, Syngenta AG, Sumitomo Chemical Company Limited, FMC Corporation, Clarke, Central Life Sciences, Valent Biosciences Corporation, Monsanto Company, Zika Environmental Control, Rentokil Initial PLC, Ecolab Inc., Rollins Inc., Terminix, Bell Laboratories and ADAMA Agricultural Solutions Limited.
In August 2023, The Swiss Tropical and Public Health Institute (Swiss TPH), in partnership with BASF and Promega, collaborate to research and develop novel insect control tools to help combat mosquito-borne diseases, such as malaria. It serves as a reminder of the ongoing need for investment in malaria prevention and control measures.
In March 2023, Mitsui Chemicals launched VECTRON TM T500, a new vector control product that contains TENEBENAL TM. TENEBENAL TM is the first active ingredient in a meta-diamide developed by Mitsui Chemicals Agro. It has a different mode of action from existing vector control products.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.