Insect Repellent Active Ingredients Market Will Hit Big Revenues In Future

According to MarketsandMarkets, the global insect repellent active ingredients market is estimated to be valued at USD 884 million in 2021 and is projected to reach USD 1,361 million by 2026, recording a CAGR of 9.0%, in terms of value. The growth in consumption of insect repellent products, growth in households, increasing vector borne diseases, and implementation of innovative animal husbandry practices to protect the animals from insect infections have led to the increased consumption of insect repellent active ingredients.

The North America region will dominate the global insect repellent active ingredients market due to the presence of large insect control service providers and their growth rate. Furthermore, the region has witnessed an increase in the number of households, particularly in countries such as US and Mexico.

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Insect repellents are used in different end-user application industries, such as residential buildings, commercial & non-commercial institutions, livestock and dairy farms, public spaces, hospitals, medical centers, and industrial sectors. Also, the number of service providers in the pest control market has witnessed a significant increase in recent years, driven by consumer demand for insect repellent products.  The demand of these products are majorly driven by rising vector-borne disease outbreak. According to a report published by the WHO in March 2020, vector-borne diseases account for more than 17% of all infectious diseases. These diseases cause more than 700,000 deaths annually. They can be caused by either parasites, bacteria, or viruses. During the last decade, there have been several outbreaks of life-threatening diseases, such as chikungunya, influenza, H1N1 virus, Zika virus, and dengue, mostly spread by insects’ vectors. The latest outbreak caused by insect vectors was the Zika virus outbreak (transmitted by A. aegypti and A. albopictus) in the Americas in 2017. Rising awareness of various benefits from the insect repellents is driving the market of insect repellent active ingredients globally.

Some of the key companies include Spectrum Brand Holdings Inc. (US), Reckitt Benckiser Group PLC (UK), Henkel AG & Co KGaA (Germany), MERCK Group (Germany), S C Johnson & Sons Inc. (US), Dabur (India), Godrej Group (India), PT Herlina Indah (Indonesia), Sawyer (US), BUGG Products LLC (US), Coghlan’s (Canada), Vertellus (US), Tropical Labs LLC (US), PelGar International (UK), Clariant AG (Switzerland), Lanxess (Germany), Sumitomo Chemical (UK) PLC (UK), Citrefine International Limited (UK), NK Chemiosys Pvt. Ltd. (India), and Shorgun Organics Ltd. (India).  

COVID 19 impact on insect repellent active ingredients market

According to the Department of Homeland Security, US, pest control services remain active during the COVID-19 pandemic, as it was categorized as an ‘essential service.’ During the lockdown, mosquito breeding, cockroach infestation, and rodent activities were expected to take root in vacant premises without pest control and undisturbed conditions. Also, due to the little movement of people, there were increased chances of pest proliferation in urban residential areas.

As the lockdown continues in many countries, people are turning to their backyards for exercise and relaxation, which moderately increases the risk of tick and mosquito infection if the backyard is not clean or has remained unattended for a long time. Some of the illnesses known to be caused by tick and mosquito bites include Lyme disease, Rocky Mountain spotted fever, and encephalitis. All these factors have boosted the demand and subsequent manufacturing of insect repellent products.

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