Top Emerging Trends Of Home And Garden Pesticides Market Progress Forecast 2030 |Grand View Research, Inc.

Posted by Mrudula Anil Karmarkar on May 19th, 2023

The global home and garden pesticides market size is anticipated to reach USD 12.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.9% from 2022 to 2030. The growing attitude of consumers towards landscaping and gardening activities, as well as increased investment in the development of urban green space, are some of the factors driving up market demand. The fact that many communities place a high value on having well-kept yards that necessitate adequate pest management in gardens, lawns, and other outdoor areas influences lawn and garden pesticide demand.

They are used to kill mosquitos that can spread diseases like West Nile virus, yellow fever, and malaria, which can all be deadly. They can also kill stinging insects such as bees, wasps, and ants, which can trigger allergic reactions. Insecticides help protect animals from parasites like fleas, which can cause sickness.Human illness caused by moldy food or diseased produce can be avoided with the application of pesticides. The highest market share belongs to the garden a segment. Over the anticipated time, it is also expected to be the fastest-growing application segment. By 2030, the herbicides product type is expected to have the biggest market share. This increase can be ascribed to the widespread use of herbicides to avoid the time-consuming task of eradicating undesired plants.

Herbicides can be used to eliminate weeds, trees, and brush from the side of the road. They can also eliminate invasive weeds that can harm the environment. In addition, consumers are becoming increasingly concerned about the products that they purchase and pay attention to where they are sourced from and whether it has any harmful impact on the environment. Consumers are increasingly purchasing eco-friendly products, and environment-conscious consumers are even willing to pay a higher price for these products.

Moreover, according to Evergreen Garden Care (UK) Ltd., the U.K. life expectancy has risen to 81 years, meaning that there will be more “65 +” gardeners who are living for longer. Moreover, the increasing influence of green spaces and gardens on eateries and restaurants has reflected a positive outlook toward lawns and gardens in commercial spaces, thereby positively influencing the growth of pesticides for their maintenance. Searches for garden bars skyrocketed by 122% globally, over the last 12 months in March 2021, as revealed in research from Made.com.

To Request Sample Copy of this report, click the link:

https://www.grandviewresearch.com/industry-analysis/home-garden-pesticides-market/request/rs1

Home gardens have been an important part of family farming and local food systems for millennia. Many pesticide treatments for residences are now ready-to-use, with liquid formulations requiring no further mixing, which make farming local food easier. Moreover, pesticide producers make it simple to apply pesticides safely. Pesticides are used on a daily basis, from ant and roach sprays in the kitchen, to weed killers for the yard, mildew cleaners in the bathroom, and mosquito repellents outside. Pesticides have become a common practice for keeping homes and gardens pest-free.

Home And Garden Pesticides Market Report Highlights

• The market is expected to expand at a CAGR of 5.9% from 2022 to 2030. The market is predicted to rise in the next years, owing to a growing interest in landscaping. Moreover, the total market is growing due to the rising demand for household and garden pesticides such as captan, folpet, dithiocarbamate, pentachlorophenol, and mercurial
• The garden segment accounted for the largest revenue share of 78.9% in 2021 and is expected to expand at a CAGR of 6.1% from 2022 to 2030. The growing popularity of community gardens is projected to offer growth avenues in commercial settings. According to the New York Times in 2021, Shanghai added 55 parks in 2020, bringing a total to 406. Such development efforts bode well for the garden pesticides market
• The insecticides segment accounted for a revenue share of 29.3% in 2021 and is estimated to ascend with the highest CAGR of 6.5% over the forecast period. The growing incidence of insect-borne diseases has given rise to the demand for insecticides for household disinfection and for outdoor spaces like pools, showers, or patios
• North America had the largest revenue share of 37.5% in 2021. According to Pesticide Action Network, U.S. homeowners apply an estimated 80 million pounds of synthetic pesticides to their lawns. This "cosmetic" use provides pesticide corporations their fastest sales growth in the region

Many businesses are launching new products, such as BASF's Renestra insecticide, which has a dual mode of action and will control a broad spectrum of insects. It will give farmers a way to control a variety of insect pests as well as soybean aphids. Mortein Smart, a premium innovation, was also launched. The product switches between high and normal settings automatically. In addition, according to Bonnie Plants, more than 20 million Americans planted a vegetable garden for the first time during the COVID-19 outbreak, indicating that the market for home and garden pesticides is quickly expanding in North America. It appears to be an opportune time for a seed start-up in the form of Sproutl, a U.K.-based gardening software firm trying to introduce gardening to a whole new generation of gardeners and encourage everyone to get involved. 

Moreover, the Horticultural Trade Association reports that the number of gardeners increased by three million last year, with over half of those under 45. Plant searches surpassed those for clothes during the lockdown and Google GOOG +0.1 percent searches linked to gardening have risen from May 2020 to May 2021. Furthermore, the growing popularity of Do-It-Yourself (DIY) gardening hobbies is an added factor supporting the market for home and garden pesticides. Gardening as a hobby is particularly popular among Americans as well as Europeans, with a record number of youngsters taking up gardening as a hobby. This is also expected to be one of the key factors driving the market for home and garden pesticides during the forecast period. Additionally, according to the blog by Financial Times in September 2020, gardening was the second most popular activity during the COVID-19 lockdown in 2020, the first being watching TV.

List of Key Players of Home And Garden Pesticides Market

• Central Garden & Pet Company
• S.C. Johnson & Sons Inc.
• Bayer AG
• The Scotts Company LLC
• Syngenta
• Organic Laboratories, Inc
• Reckitt Benckiser Group PLC
• DuPont de Nemours, Inc
• BASF SE
• Willert Home Products.