Global Rodenticides Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Type (Non-Anticoagulant, Anticoagulant), Mode Of Application (Pellets, Powders, Sprays), End-User (Agricultural Fields, Urban Centres, Warehouses, Pest Control Companies, Household Consumers), And Region (North America, Europe, APAC, Latin America, Middle East And Africa) – Industry Analysis From 2024 To 2029

Updated On: January, 2024
ID: 2519
Pages: 168

Global Rodenticides Market Size (2024 to 2029):

The global rodenticides market size is expected to reach USD 1121.86 million in 2024 and reach USD 1358.37 million by 2029, growing at a CAGR of 3.9% from 2024 to 2029. 

CURRENT SCENARIO OF THE GLOBAL RODENTICIDES MARKET

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 global 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.

MARKET DRIVERS:

The rising demand for pesticides due to the growing agriculture sector is expected to drive the market over the next seven years. Food demand has been steadily increasing over the past few years on account of population growth in Africa, Asia, and Latin America. This trend is expected to further drive the global rodenticides market over the forecast period. Rising awareness amongst farmers and horticulturists concerning the adverse effects of rodents on crops and developing farming techniques are predicted to further supplement the global market growth. Strict regulations by governmental agencies over rodenticide usage and resulting soil contamination are further likely to challenge the global market. The toxicity of rodenticides on humans and animals has been a key factor restraining the growth of the market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2024 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

3.9%

Segments Covered

By Type, Mode of Application, End User, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

BASF SE Bayer Crop Science Neogen Corp Impex Europa S.L J.T. Eaton & Co Liphatech Pelgar International Syngenta SA UPL Limited

 

SEGMENT ANALYSIS

Global Rodenticides Market By End User: 

The non-anticoagulant rodenticides segment is projected to grow at the highest CAGR from 2022 - 2027. These rodenticides are referred to as acute toxicants. The metabolic poisons include fluoroacetamide, bromethalin, and fluoroacetate, which lead to paralysis and convulsions in rodents before death. These are more efficient in controlling rodent infestation.

SEGMENTAL ANALYSIS

North America trailed by the Asia Pacific, is the major market for rodenticides. North America accounts for a major producer and exporter of corn, among others, and the rodenticides requirement to protect corn is expected to drive the market in the region. There is a high-growth perspective for rodenticide products in the Asia-Pacific region. This region has emerging economies, such as China and India, which have considerable cultivable land to grow crops. Furthermore, China is the second-largest country to hold a major share in the rodenticides market because of the technological growth and urbanization of agriculture.

KEY PLAYERS IN THE GLOBAL RODENTICIDES MARKET

BASF SE, Bayer Crop Science, Neogen Corp, Impex Europa S.L, J.T. Eaton & Co, Liphatech, Pelgar International, Syngenta SA, UPL Limited, some of the market players dominate the global rodenticides market.

Significant companies are aggressively pursuing supply contracts to expand consumer reach and increase market presence. Companies such as Syngenta, BASF, and Bayer Crop Science have been involved in R&D to develop non-toxic rodenticides. The above is expected to open new possibilities to market participants and provide them with a competitive gain.

DETAILED SEGMENTATION OF THE GLOBAL RODENTICIDES MARKET INCLUDED IN THIS REPORT

This research report on the global rodenticides market is segmented and sub-segmented based on Type, Mode of Application, User, and Region. 

By Type

  • Non-Anticoagulant
  • Anticoagulant

By Mode Of Application

  • Pellets
  • Powders
  • Sprays

By End-User

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

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle-East & Africa

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