Global Pest Management Services market 2020| Registering a CAGR of 6.25% Forecast to 2026
Pesticides are chemicals or mixture of chemicals used to kill, repel, mitigate, or reduce pests/pest damage. Pest management means controlling the growth of specific species of insects that are recognized as detrimental to human health. Insects such as house flies, bed bugs, and cockroaches, and others tend to reside in places where there is human activity, which can lead to serious health issues; thus, need pest management has gained significant importance.
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The global pest management services market was valued at $11.8 billion in 2018 and it is anticipated to reach $19.0 billion, registering a CAGR of 6.25% from 2019 to 2026.
Key Market Players
- BASF SE
- Bayer AG
- Rentokil Initial plc
- Ecolab, Rollins, Inc.
- FMC Corporation
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