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DOWNLOAD SAMPLE“Organize and optimize your sales and marketing endeavours by identifying the market categories and segments ripe for strategic partnerships. delve deeper into several micro-market indicators, strategically evaluating growth factors, market prospects, and their overall contribution to the Us Home & Garden Pesticides Market ”
The US home & garden pesticides market is undergoing a phase of significant growth, expected to reach $2.28 billion by 2028 from its valuation of $1.60 billion in 2022. This growth, represented by a CAGR of 6.10% during the forecast period, can be broken down into the following key areas:
Insecticides Segment: Experiencing growth with a CAGR of 6.66%, this segment is propelled by factors like the increase in vector-borne diseases, the emphasis on hygiene, and rising disposable incomes.
Natural Pesticides Segment: Growing at a CAGR of 7.35%, this segment is fueled by the rising awareness regarding pesticide applications, availability of raw materials, and health consciousness leading to a preference for high-quality hydroponics food.
Liquid Formulation Segment: This segment is witnessing growth at a CAGR of 6.50% due to the booming hydroponics and landscaping markets and the expansion of the e-commerce sector.
Demographic Factors: Millennials, contributing 29% of the gardener demographics, are displaying increased interest in gardening activities, predicting a rise in demand for home & garden pesticides from this demographic.
Market Drivers: Several factors are driving the overall market, including the growth in garden pest repellents, increasing demand for innovative gardening concepts and hydroponics, rising demand for edible gardening, and growth in landscaping & backyard gardens.
Leading Players: Key market players, including Bayer, SC Johnson, ScottsMiracle-Gro, Spectrum Brands, Woodstream, and BASF, are dominating the market. Other noteworthy participants include Central Garden & Pet Company, The Andersons, Nufarm, DuPont, Albemarle, Organic Labs, and Syngenta.
Consumer Behavior: A significant increase in household gardeners' spending and the popularity of gardening on social media contribute to market growth. The preference for natural pesticides and hydroponics is also driving demand.
Competitive Landscape: Intensifying economic conditions have led to increased competition among vendors. Local and regional players are finding pricing, technology, and reliability challenges due to numerous international players with strong R&D and infrastructure support.
Manufacturers’ Strategies: Leading manufacturers offer a diverse range of products, such as herbicides, insecticides, fungicides, and other pesticides, to sustain competition. Expanding reach through online platforms, such as Central Garden & Pet Company's partnership with Profitero in April 2021, highlights this trend.
Market Characterization: Several international players have a strong presence in the US, contributing to a competitive landscape dominated by companies like Bayer, SC Johnson, ScottsMiracle-Gro, Spectrum Brands, Woodstream, and BASF.
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Summary
- The US home & garden pesticides market was valued at $1.60 billion in 2022 and is expected to reach $2.28 billion by 2028, growing at a CAGR of 6.10% during the forecast period.
- The US home & garden pesticides market is growing significantly due to Growing Pest Repellents in Gardens, Growing Demand for Innovative Gardening Concepts, Growing Demand for Hydroponics Among US Residents, Growth In Demand For Edible Gardening,
- Increase In Vector-Borne Diseases, and Growth In Landscaping Market & Backyard Gardens.
- Millennials are more interested in US home & garden pesticide market gardening activities. For instance, millennials contribute to around 29% of the gardener demographics. Thus, during the forecast period, demand for pesticides for homes & gardens is expected to increase from millennials in the US market.
- Bayer AG, S. C. Johnson & Son, ScottsMiracle-Gro, Spectrum Brands, Inc., Woodstream Corporation, and BASF SE. are the leading players with strong market penetration. Vendors such as Central Garden & Pet Company, The Andersons, Inc., Nufarm Limited, DuPont, Albemarle Corporation, Organic Labs, Syngenta Group, and others are the other prominent players with a noteworthy presence in the market.
- The household gardeners spending on gardening activities have significantly increased in the last few years, which leads to driving the US home & garden pesticides market during the forecast period.
- The growing trend for gardening on social media is gaining traction in the US. Due to new innovative gardening techniques and increasing awareness about the use of pesticides for various applications leads to drive the US home & garden pesticide market during the forecast period.
- Demand for natural pesticides is increasing significantly in the US. The consumer preference towards hydroponics is rising significantly, which drives the demand for natural pesticides during the forecast period.
THE FOLLOWING MARKET SEGMENT ANALYSIS IS INCLUDED IN THIS REPORT
Pesticides Market Insights (2022-2028)
- Herbicides
- Insecticides
- Fungicides
- Others
Raw Material Channel Market InNatural Pesticides
Formulation Market Insights (2022-2028)
- Liquid Formulation
- Solid Formulation
Distribution Channel Market Insights (2022-2028)
- Offline Store
- Online Store
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of the US Home & Garden Pesticides Market
- Key Vendors
- Other Prominent Vendors
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Table Of Contents
- Executive Summary
- Key Findings
- Key Developments
- Pesticides Market Insights (2022-2028)
- Herbicides
- Insecticides
- Fungicides
- Others
- Raw Material Channel Market Insights (2022-2028)
- Synthetic Pesticides
- Natural Pesticides
- Formulation Market Insights (2022-2028)
- Liquid Formulation
- Solid Formulation
- Distribution Channel Market Insights (2022-2028)
- Offline StoreOnline Store
- US Home & Garden Pesticides Market Drivers
- US Home & Garden Pesticides Market Trends
- US Home & Garden Pesticides Market Constraints
- US Home & Garden Pesticides - Competitive Landscape
- US Home & Garden Pesticides - Key Players
- US Home & Garden Pesticides - Key Company Profiles
- Research Methodology
- Abbreviations
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