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The major factors fuelling the rodenticides market growth are projected to be the increased incidences of pest-related illnesses, the rising population of rodenticides, the increased demand for pest control as well as access to natural rodenticides. The increasing prevalence of transmittable diseases like Hantavirus, and Lassa fever, which in turn affects the climate, wildlife, and humans, is causing a significant increase in the population of rodents. The use of different rodent control products in commercial and residential applications has led to a high demand for rodent control products in most major cities worldwide. The key players in the rodenticides market are involved in developing technologies to control the population of rodents efficiently. In the forecast period, increasing numbers of offices, hospitals, hotels, and housing, and high hygiene standards are anticipated to raise their demand.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global rodenticides market is projected to grow at a CAGR of 5% between 2023 and 2032.
The major drivers of the market include the increased incidences of pest-related illnesses, the rising population of rodents, and improved access to various rodenticides.
The key trends guiding the growth of rodenticides include the development of advanced technologies to control the population of rodents efficiently and the increased popularity of rodenticides in urban centres.
The major regions in the global rodenticides market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Non-anticoagulant and anticoagulant rodenticides are the major types of the product in the market. Non-anticoagulant rodenticides are further divided into bromethalin, cholecalciferol, and strychnine. Anticoagulant rodenticides are further segmented into first generation anticoagulants and second-generation anticoagulants.
Agricultural fields, warehouses, and urban centres are the significant end uses of rodenticides. Urban centres are further divided into residential and commercial.
Pellets, sprays, and powders are the major applications of rodenticides.
The major players in the market are Bayer AG, The Syngenta Group, Liphatech Inc., J.T. Eaton & Co., Inc., Neogen Corporation, and PelGar International, among others.
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