What is the global market size of the Rodenticides Market?

Global Rodenticides Market size was valued at around USD 2.19 billion in 2021 and is poised to grow from USD 2.28 billion in 2022 to USD 3.01 billion by 2030, at a CAGR of 4.06% over the forecast period (2022–2030).

Rodenticides Market Size, Share, Growth Analysis, By Product(Anticoagulant and Non-anticoagulant), By Application(Pellets, Block and Powder & Spray), By End User(Agriculture, Pest control companies, Warehouses, Urban centers and Household), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15C2034 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 88 | Figures: 76

Rodenticides Market Regional Insights

The largest market share belongs to North America, which is projected to expand at a CAGR of 6.13% over the duration of the forecast period. The consumer market in North America currently offers rodenticide bait stations that include and/or are supplied with rodenticide bait that is in block or paste form. In rodenticides sold to the general public, pellet baits are no longer permitted. Rodenticides such as bromethalin, chlorophacinone, and diphacinone are used in the bait in ready-to-use bait station products. For the purpose of rat and/or mouse control, they are approved for the consumer market. If the bait station could be filled or refilled, the retail package may hold up to one pound of bait.

Rodenticides Market Report Snapshots

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Global Rodenticides Market size was valued at around USD 4.79 billion in 2022 and is poised to grow from USD 4.98 billion in 2023 to USD 6.85 billion by 2031, at a CAGR of 4.06% over the forecast period (2024–2031).

The global rodenticides market is highly competitive, with several players operating in the market. To increase their market share and solidify their positions in the global market, the corporations are implementing a variety of methods, including mergers and acquisitions, partnerships, and collaborations. They are also investing in research and development activities to develop new and innovative products to meet the changing customer demands and preferences. 'BASF SE', 'Bayer AG', 'Bell Laboratories, Inc.', 'JT Eaton & Co., Inc.', 'Liphatech, Inc.', 'Neogen Corporation', 'PelGar International', 'Rentokil Initial plc', 'Senestech, Inc.', 'Syngenta AG', 'UPL Ltd.', 'Anticimex', 'Impex Europa S.L.', 'Impex Europa S.L.', 'Quimunsa S.A.', 'J.T. Eaton & Co., Inc.', 'Nufarm Limited', 'Ecolab Inc.', 'FMC Corporation', 'Killgerm Chemicals Ltd.'

The growing awareness about the importance of food safety and hygiene has led to an increase in the demand for rodenticides to control rodent infestations in the agricultural sector and food processing facilities.

There is a growing trend towards the development of safer and more environmentally friendly rodenticides that have lower toxicity levels and are less harmful to non-target species and the environment. This trend is being driven by increasing concerns about the adverse effects of rodenticides on non-target species and the environment.

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Rodenticides Market Size, Share, Growth Analysis, By Product(Anticoagulant and Non-anticoagulant), By Application(Pellets, Block and Powder & Spray), By End User(Agriculture, Pest control companies, Warehouses, Urban centers and Household), By Region - Industry Forecast 2024-2031

Rodenticides Market Regional Insights

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