Larvicides Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028


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Global Larvicides Market Outlook

According to WHO, approximately 40% of the population mostly those living in the world’s poorest countries face the risk of suffering from some of the dreadful diseases like malaria. Every year more than 500 million people fall prey to malaria and dengue diseases. Most cases and deaths are in sub-Saharan Africa regions. Environmental, socio-economic, and climatic factors (temperature, humidity and rainfall) affect disease infection and influence transmission patterns of these diseases. Government and several concerned organization have been taking preventive measures to control malaria diseases. Larvicides is one critical solution to these kind of problems. Larvicides prevents larvae from developing into adult mosquitoes. Larvicides can either be contact poisons, stomach poisons, growth regulators or biological control agents.    

Global Larvicides Market: Reasons for Covering this Title

Dengue and malaria are vector-borne diseases and is being considered as the major public health causing problems worldwide. Both diseases poses a major threat in many tropical countries causing infections in more than 100 million people each year. Asia, Latin America, the Middle East, sub-Saharan Africa and several parts of Europe are the regions affected by malaria and dengue. Hence there tenacity in concerns over controlling the rise in number of cases of these kind of diseases. Owing to this factor, several major chemical solution manufacturers and concerned international organizations have been taking steps and coming up with products such as Larvicides which plays an important role in controlling the production of larvaes.       

Global Larvicides: Market Segmentation

On the basis of control method, the global Larvicides market has been segmented as –

  • Biocontrol Agents
  • Chemical Agents
  • Insect Growth Regulator

On the basis of insects targeted, the global Larvicides market has been segmented as –

  • Larvicides for Mosquitoes
  • Larvicides for Flies

On the basis of the end use, the global Larvicides market has been segmented as –

  • Public Health
  • Agricultural
  • Commercial
  • Residential
  • Livestock

Countries with malaria transmission and phase control programs

Global Larvicides Market: Key Takeaway

Asia Pacific and MEA is being considered as the dominant region for global larvicide market due to rise in number of malaria and dengue cases among its population.

Global Larvicides Market: Key Players

Some of the key players operating in the global Larvicides market are Sumitomo Chemical, Nufarm, Certis, Summit Chemical, Syngenta, Adama, Eli Lily and Company, Russell IPM, Central Garden & Pet Co., BASF, Bayer among others

Key Trends: Global Larvicides Market

Major shareholding companies for Larvicides have been strategizing on coming up with innovative products catering to the varying needs and  

Global Larvicides Market: Key Developments

  • In the year 2015, Sumitomo Chemical, developed SumiLarv® 2 MR, a novel, long-lasting larvicide formulation that is effective in preventing dengue fever..
  • In the year 2014Syngenta, initiated the second phase expansion of its Innovation Center in Triangle Park. The $94 million expansion will include 200,000 square feet of specially designed laboratories, office areas and meeting spaces connected to the Advanced Crop Lab.
  • In the year 2017, Russell IPM launched Optiroll Super plus, in the USA market during the Biocontrol East exhibition. 

Opportunities for Larvicides Market Participants

Asia, Latin America, the Middle East, sub-Saharan Africa and several parts of Europe are major malaria prone regions. Owing to the rising concerns over figuring out on reducing the number of malaria and dengue cases paves a critical opportunity for Larvicides market in these target regions.

Brief Approach to Research

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the Larvicides market, including background and evolution
  • Macroeconomic factors affecting the Larvicides market and its potential
  • Larvicidess Market dynamics, such as drivers, challenges, and trends
  • Detailed value chain analysis of the Larvicides market
  • The cost structure of the products and segments covered in the study
  • In-depth pricing analysis, by key product segments, regions and by major Larvicides market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario
  • Analysis of the market structure, including a tier-wise categorization of key market participants
  • Competitive landscape of the Larvicides market, including detailed profiles of the top players in this market

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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