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Increasing Dependency on Pesticides to Foster the Pest Control Companies in 2023
Increasing R&D activities have been slowly increasing the dependency on pesticides that are bio-based. As per a report by Fortune Business Insights, the market for pest control services reached USD 19.73 billion in 2019 and is set to reach USD 31.94 billion by 2027 with a CAGR of 6.31% over the forecast period.
The rapid change in climatic changes and increase in the population of pests are estimated to drive the market. Increasing expansion of Integrated Pest Management (IPM) programs and government initiatives and support are anticipated to propel market growth.
Fortune Business Insights™ Reports Top 10 Key Pest Control Companies in the Market
1. Rollins, Inc.
Rollins, Inc. is a U.S.-based company headquartered in Atlanta, Georgia. It is a global company that offers pest control services through its subsidiaries and franchises. The company offers its services in commercial and residential sectors in countries such as the U.S., Canada, Australia, Europe, Asia, Central and South America, and the Middle East & Africa. The company serves these countries under brands such as Orkin and Critter Control.
In August 2022, Rollins Inc. acquired Bug House Pest Control. The acquisition is set to help the company in strengthening its presence in the Georgia market.
Anticimex is an international company offering modern pest control. The name of the company is derived from the meaning “against bed bugs”. The company is owned by EQT Partners and has subsidiaries in 20 countries. The company offers several services. Through prevention, new technology, and sustainable solutions, the firm meets the demands of individuals and Pest Control companies globally. The organization also offers pest controlling and building environment services through European insurance arrangements.
In December 2021, Anticimex acquired Official Pest Prevention, a supplier of pest control services. The acquisition will allow the company to expand its footprint in the West Coast region of the U.S.
3) Rentokil Initial plc
Rentokil Initial plc is a British business group located in Crawley, England. The company was founded in 1925 as a pest control business but as the company progressed, it started delivering a wide range of facilities management services. It is also a supplier of commercial services. The company offers services to various multinational pharmaceutical, industrial, and food production companies, local shops, restaurants, and homes.
In June 2022, Rentokil announced that it plans to acquire Terminix Global Holdings for USD 13.4 billion by the second half of the year, which will allow the company to broaden its product offering range.
4) The ServiceMaster Company
Founded in 1929, ServiceMaster is a supplier of essential residential and commercial pest control services. It is owned by Roark Capital Group that offers residential and commercial services. It provides products and services under various brands such as ServiceMaster Restore, ServiceMaster Recovery Management, ServiceMaster Clean, Merry Maids, Aftermath Services, Furniture Medic, and others. The company is headquartered in Memphis, Tennessee.
In September 2019, ServiceMaster acquired Nomor Holding AB, a Stockholm-based pest control company with operations in Sweden and Norway. This acquisition enabled the company to enter the growing Europe pest control market.
5) Ecolab Inc.
Ecolab Inc. is an American company started in 1923 that offers and develops services, technology, and systems that specialize in water treatment, purification, cleaning, and hygiene in a wide variety of applications. The organization distributes comprehensive solutions, data-driven insights, and personalized services to advance food safety and improve operational efficiencies and sustainability for customers in the food, healthcare, hospitality, and industrial markets.
In May 2021, Ecolab Inc. launched a device that was developed to identify the arrival of cockroaches early and provide ongoing protection, known as the Cockroach Multi-Station. The device has been recognized to let food service providers ensure hygienic and safe operations.
6) Massey Services, Inc.
Massey Services, Inc. is an American company, which offers pest prevention, termite protection, and landscape & irrigation services to customers in residential and commercial sectors throughout Florida, Georgia, Texas, Virginia, and other U.S. cities.
In July 2022, Massey Services acquired Peninsular Pest Control Service Inc., which offers residential and commercial pest control & termite services. This acquisition was set to support the company in increasing its customer base along with strengthening its foothold in the country.
7) Bayer AG
Bayer AG is a German pharmaceutical and biotechnology company headquartered in Leverkusen, North Rhine-Westphalia, Germany. Baymer was founded in 1863 and operates in pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds, and biotechnology products. The company offers various household and public health pest management solutions. Its products are HACCP, RC & CIB certified and offer solutions across different commercial, residential, and industrial situations.
In March 2021, Bayer launched Vynyty Citrus, a biological product to control citrus farm pests. It is a container with active liquid inside, which does not generate resistance or residues in harvest or the environment.
8) Truly Nolen of America, Inc.
Truly Nolen of America, Inc. is a family-owned pest control company. Truly Nolen is a family-owned company that provides related services to other Pest Control companies. The company compromises services for more than 100 pests ranging from rodents to scorpions.
In January 2022, Truly Nolen Pest Control acquired Phoenix-based Eliminex Pest, Termite, and Weed Control. This acquisition will support Nolen to magnify its footprint across the U.S.
9) PelGar International Ltd.
PelGar International is a British company that manufactures rodenticide and insecticide products to safeguard public health and control agricultural pests. With an active and dynamic research & development program, the company aims to provide solutions to any pest problem.
In September 2020, PelGar launched Cimetrol Super RFU. It is a water-based spray to control a range of crawling and flying insects. It is ideal for spot treatment on hard, non-porous surfaces, cracks, and crevices.
10) Aptive Environmental, LLC
Aptive Environmental, LLC is an Irish-American supplier of automotive technology with its main location in Dublin. It provides pest control services in North America. The company emphasizes on offering solutions that reduce the potential health risks to humans and the environment.
In February 2021, Aptive Environmental pest control announced plans to expand into five new states across the U.S. through 21 new metros. This expansion will enable the company to support its customer relationship and improve opportunities.
The rise in the development of biocontrol agents, which can be used to control the pest population is expected to create opportunities for market progress. Biological agents are living organisms as they are less toxic than majorly used chemical pesticides, which can boost the adoption in near future. Adoption of such agents is expected to surge the demand for pest control services.