Home And Garden Pesticides Market Size Is Anticipated To Reach USD 12.9 Billion By 2030
Home And Garden Pesticides Industry Overview
The global home and garden pesticides market size was valued at USD 7.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. 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.
Gather more insights about the market drivers, restrains and growth of the Global Home And Garden Pesticides market
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.
Browse through Grand View Research's Homecare & Decor Industry Research Reports.
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Home And Garden Pesticides Market Segmentation
Grand View Research has segmented the global home and garden pesticides market on the basis of type, application, and region:
Home & Garden Pesticides Type Outlook (Revenue, USD Billion, 2017 - 2030)
- Herbicides
- Insecticides
- Fungicides
- Fumigants
Home & Garden Pesticides Application Outlook (Revenue, USD Billion, 2017 - 2030)
- Garden
- Household
Home & Garden Pesticides Regional Outlook (Revenue, USD Billion, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Market Share Insights
- In April 2021, Central Garden & Pet partnered with Profitero, Inc. to expand its reach through online platforms. Through this partnership, Central Garden & Pet will be able to access its e-commerce business across its retail partners. Link:
- In Feb 2021, S.C. Johnson & Sons Inc. has decided to sell the majority stakes of its local business. The company is planning to sell major stakes in India Unit to Banks, a privately held investment firm. Link:
Key Companies profiled:
Some of the prominent players in the home and garden pesticides market include: -
- Central Garden & Pet Company
- 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
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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