Global Home And Garden Pesticides Market

Home and Garden Pesticides Market Size, Share, Growth Analysis, By Type(Herbicides, Insecticides, Fungicides, and Fumigants), By Application(Garden, and Household), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15A2268 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 75

Home and Garden Pesticides Market Insights

Home and Garden Pesticides Market size was valued at USD 7.7 billion in 2021 and is poised to grow from USD 8.15 billion in 2022 to USD 12.9 billion by 2030, at a CAGR of 5.9% during the forecast period (2023-2030).

A number of companies are releasing new products, such as BASF's Renestra insecticides, that have various modes of action and control a wide variety of insects. It will allow farmers to control a wide range of insect pests, including soybean aphids. A premium innovation, Mortein Smart, was also introduced. The product automatically toggles between extreme and normal settings. Furthermore, according to Bonnie Plants, during the COVID-19 outbreak, over 20 million Americans planted a vegetable garden for the first time, showing that the demand for home and garden insecticides is rapidly rising in North America.

Furthermore, according to the Horticultural Trade Association, the number of gardeners climbed by three million last year, with more than half of those under 45. During the lockdown, plant searches outnumbered clothing searches, and Google searches related to gardening increased from May 2020 to May 2021. Furthermore, the growing popularity of Do-It-Yourself (DIY) gardening activities contributes to the market for home and garden pesticides. Gardening as a hobby is especially popular among Americans and Europeans, with a record number of children taking up the hobby. During the forecast period, this is also projected to be one of the primary drivers driving the market for home and garden pesticides. Furthermore, according to the Financial Times blog in September 2020, gardening was the next most popular activity during the COVID-19 lockdown in 2020, with the first being watching TV.

US Home and Garden Pesticides Market is poised to grow at a sustainable CAGR for the next forecast year.

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Home and Garden Pesticides Market size was valued at USD 7.7 billion in 2021 and is poised to grow from USD 8.15 billion in 2022 to USD 12.9 billion by 2030, at a CAGR of 5.9% during the forecast period (2023-2030).

The home and garden pesticides market is highly competitive in nature, with numerous players operating at both the and regional levels. These companies operate across different segments of the home and garden pesticides market, including insecticides, herbicides, fungicides, and rodenticides. They compete on the basis of product quality, brand recognition, price, and distribution network. In recent years, there has been a growing trend towards the use of natural and organic pesticides, and some players have responded to this trend by expanding their product portfolios to include more eco-friendly options. 'BASF SE', 'Bayer AG', 'The Scotts Miracle-Gro Company', 'The Andersons, Inc.', 'The Dow Chemical Company', 'Syngenta AG', 'Sumitomo Chemical Co., Ltd.', 'FMC Corporation', 'Adama Agricultural Solutions Ltd.', 'Nufarm Limited', 'Spectrum Brands Holdings, Inc.', 'Central Garden & Pet Company', 'S.C. Johnson & Son, Inc.', 'Reckitt Benckiser Group plc', 'MGK Co.', 'Valent BioSciences LLC', 'Safer Brand', 'Bonide Products, Inc.', 'Ortho Home Defense', 'Garden Safe.'

The home and garden pesticides market is driven by the growing demand for pest control solutions due to the rise in pest-related health concerns and property damage caused by pests.

Growing demand for organic and natural pesticides: The demand for organic and natural pesticides is increasing due to rising concerns over the health and environmental impact of chemical-based pesticides. This trend is expected to continue in the coming years, with more consumers opting for natural and eco-friendly pest control solutions.

North America has the biggest revenue contribution in the home and garden pesticides market when compared to other regions, owing to increased usage of home and garden pesticides. Pesticides are widely utilized in developing countries, and demand for pesticides is increasing as a result of the current food production system, which prioritizes high agricultural yields. Furthermore, the increasing use of home and garden pesticides by consumers in the United States, Canada, and the rest of North America, among others, is predicted to drive demand for home and garden pesticides.

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Global Home And Garden Pesticides Market

Report ID: SQMIG15A2268

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