Global Rodenticides Market

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 2025-2032


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

Rodenticides Market Insights

Rodenticides Market size was valued at USD 4.98 Billion in 2023 and is poised to grow from USD 5.18 Billion in 2024 to USD 7.13 Billion by 2032, growing at a CAGR of 4.06% during the forecast period (2025-2032).

Increased costs of pest-related diseases, rising rodent population, rising consumer demand for pest control, and the availability of natural rodenticides are likely to be key factors driving market growth. Growth is likely to be driven in the coming future by increasing concerns about financial loss put on by rodent damage to agricultural fields. Demand, however, is likely going to be constrained by concerns about chemical substances used and their adverse effects on human beings and other living things. As a result, strict legal requirements strictly control product application.

Increasing rodent populations are a major contribution to the prevalence of infectious diseases such plague, hantavirus infection, and Lassa fever, which in turn have an adverse effect on the environment, wildlife, and humans. This has led to an increase in the use of different rodent control products in industrial, residential, and commercial environments.

Rodent control solutions are highly desired in the majority of big cities worldwide. Market players are involved in the creation of new products to successfully reduce the rodent population. Demand is anticipated to grow over the coming years as a result of an increase in the number of workplaces, hospitals, hotels, and residences as well as a preference for high standards of hygiene. Natural rodenticides are non-toxic to humans, pets, and wildlife and biodegradable. If accidentally consumed, they have no adverse effects on domestic animals or people, and they do not harm the natural world. Such products are also economically viable as they will not need special handling, storage, transportation, or disposal.

US Rodenticides Market is poised to grow at a sustainable CAGR for the next forecast year.

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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.

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.

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Global Rodenticides Market

Report ID: SQMIG15C2034

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