Dublin, Aug. 17, 2023 (GLOBE NEWSWIRE) -- The "US Home & Garden Pesticides Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The US home & garden pesticides market showcases remarkable growth potential, with its value soaring to $1.60 billion in 2022 and a projected ascent to $2.28 billion by 2028.
This growth trajectory reflects a robust Compound Annual Growth Rate (CAGR) of 6.10% during the forecast period. The surge in the market is attributed to several key factors, including the escalating demand for pest repellents in gardens, a rising interest in innovative gardening concepts, a growing preference for hydroponics among US residents, and a noteworthy upswing in the demand for edible gardening.
This comprehensive study delves into the intricate dynamics of the present home & garden pesticides market scenario, spanning the years 2023 to 2028, exclusively within the US landscape. The report provides an exhaustive overview of the market's growth drivers, constraints, and prevailing trends, encompassing both demand and supply aspects.
Furthermore, it meticulously profiles and scrutinizes leading companies and prominent players that are shaping the landscape of this thriving market segment.
Increase In Vector-Borne Diseases, and Growth In Landscaping Market & Backyard Gardens
In the US home & garden pesticides market, millennials are more interested in 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 has significantly increased in the last few years, which leads to driving the US home & garden pesticides market during the forecast period.
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.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 69 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $1.6 Billion |
| Forecasted Market Value (USD) by 2028 | $2.28 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | United States |
Vendors List
Key Vendors
- Bayer AG
- S. C. Johnson & Son
- ScottsMiracle-Gro
- Spectrum Brands, Inc.
- Woodstream Corporation
- BASF SE
Other Prominent Vendors
- Central Garden & Pet Company
- The Andersons, Inc.
- Nufarm Limited
- DuPont
- Albemarle Corporation
- Organic Labs
- Gowan Company
- Drexel Chemical Company
- PBI-Gordon Companies, Inc.,
- Willert Home Products
- Syngenta Group
- Sumitomo Chemical
- UPL
- GARDENTECH, INC.
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of the US Home & Garden Pesticides Market
- Key Vendors
- Other Prominent Vendors
SEGMENTATION & FORECAST
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 Store
- Online Store
For more information about this report visit https://www.researchandmarkets.com/r/yv199c
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