Asia Pacific Rodenticides Market

Asia Pacific Rodenticides Market Size (2024 to 2029)

The Asia Pacific rodenticides market size is expected to reach USD 186.42 billion in 2024 and reach USD 236.79 billion by 2029, growing at a CAGR of 4.9% from 2024 to 2029. 

Rodenticides are extensively used in agricultural fields, greenhouses as well as warehouses. Pest control agencies are also among the major users. Increasing demand to protect crops, as well as food grains, is likely to have a positive effect on the market over the forecast period. The growing agriculture sector in emerging nations such as China, India, and Brazil is expected to boost the market growth in the region.

Rising demand for pesticides due to the growing agriculture sector and increasing food demand is expected to drive the market in Asia. Rising awareness amongst farmers and horticulturists concerning the adverse effects of rodents on crops and developing farming techniques are predicted to further supplement the Asia-Pacific market growth. Strict regulations by governmental agencies over rodenticide usage and resulting soil contamination are further likely to challenge the market. The toxicity of rodenticides on humans and animals has been a fundamental factor restraining the growth of the market.

This market report on the Asia Pacific rodenticides market is segmented and sub-segmented into the following categories.

Asia Pacific Rodenticides Market Analysis By Type

• Non-Anticoagulant
• and Anticoagulant

Asia Pacific Rodenticides Market Analysis By Mode of Application

• Pellets
• Powders and Sprays

Asia Pacific Rodenticides Market Analysis By End User

• Agricultural Fields
• Urban Centres
• Warehouses
• Pest Control Companies
• Household Consumers 

The non-anticoagulant rodenticides segment is projected to grow at the highest CAGR from 2022 - 2027.

COUNTRY ANALYSIS

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

The Asia Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia Pacific is likely to be the fastest-growing market in 2015 for rodenticides and is predicted to gain traction over the forecast period. The swiftly growing agricultural sector in India and China contributes to the high growth of rodenticides in the Asia Pacific. Increasing achievement from the government for improving the productivity and quality of food is expected to incentivize the growth of the rodenticides market.

KEY PLAYERS IN THE ASIA PACIFIC RODENTICIDES MARKET

Companies such as Syngenta, BASF, and Bayer Crop Science have been involved in R&D to develop non-toxic rodenticides. The Key companies are aggressively pursuing supply contracts to expand consumer reach and increase market presence. The above is expected to open new possibilities to market participants and provide them with competitive gains. Some key players operating in the market include BASF SE, Bayer Crop Science, Neogen Corp., Impex Europa S.L., J.T. Eaton & Co., Liphatech, Pelgar International, Syngenta SA, and UPL Limited.