Middle East and Africa Rodenticides Market was worth USD 81 billion in 2021 and is projected to be growing at a CAGR of 3.7%, to touch USD 99.28 billion by 2026.
Rodenticides are extensively used in agricultural fields, green houses 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 awareness amongst farmers and horticulturists concerning adverse effects of rodents on crops and developing farming techniques are predicted to further supplement the market growth. The resultant soil contamination is likely to challenge the market. An important factor restraining the growth of the market is the toxicity of rodenticides on animals and humans.
Middle East and Africa Rodenticides Market - By Type:
Non-Anticoagulant and Anticoagulant
Middle East and Africa Rodenticides Market - By Mode of Application:
Middle East and Africa Rodenticides Market - By End User:
The non-anticoagulant rodenticides segment is projected to grow at the highest CAGR from 2022 - 2027.
The market has been geographically segmented into Middle East and Africa. The Middle East and Africa is expected to show sustainable growth due to high consumption of several pesticides. In addition, rapidly increasing agricultural sector due to an existence of huge arable land aids the rodenticides market growth.
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 gain. 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.
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