Global Rodenticides Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Anticoagulant, and Non-anticoagulant.

By Form;

Pellets, Blocks, and Powder.

By Application;

Pest Control Companies, Warehouses, and Household.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn463710400 Published Date: December, 2024 Updated Date: January, 2025

Introduction

Global Rodenticides Market (USD Million), 2020 - 2030

In the year 2023, the Global Rodenticides Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The global rodenticides market is a rapidly evolving industry that plays a crucial role in pest control, particularly in agriculture, residential, and commercial sectors. Rodenticides are chemicals used to control rodent populations, which are known to damage crops, spread diseases, and cause significant economic losses. As urbanization continues to increase and agricultural practices expand globally, the demand for effective rodent control methods is rising. This demand is further driven by the growing awareness of the health risks posed by rodents, including the transmission of diseases like Hantavirus, leptospirosis, and salmonella.

The market is influenced by a variety of factors, including advancements in rodenticide formulations, regulatory changes, and the shift towards more eco-friendly and sustainable solutions. Traditional rodenticides, which primarily include anticoagulants and non-anticoagulants, are widely used, but the rising concerns over the environmental impact of chemical substances have encouraged the development of safer alternatives. Biodegradable and plant-based rodenticides are gaining traction as consumers and businesses look for products that minimize harm to non-target species and the environment.

Geographically, the rodenticides market is witnessing steady growth across both developed and developing regions. North America and Europe continue to dominate the market due to high awareness of public health concerns and advanced pest management technologies. In contrast, the Asia-Pacific region is expected to experience significant growth driven by increased agricultural activities, urban expansion, and the need for rodent control solutions. The expansion of the food and beverage industry, especially in emerging markets, further contributes to the demand for rodenticide products to protect both food crops and processing facilities.

Despite the growth prospects, the market faces several challenges that could affect its trajectory. Stringent regulations governing the use of chemicals and the rising awareness about the harmful effects of chemical rodenticides are major concerns. Additionally, resistance among rodents to certain types of rodenticides, as well as the presence of counterfeit or substandard products in the market, poses significant obstacles. To address these challenges, manufacturers are increasingly focusing on research and development to introduce innovative, more effective, and environmentally friendly rodenticides. This ongoing evolution is expected to shape the future of the global rodenticides market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Rodenticides Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Rodent Infestations
        2. Growing Awareness of Health Risks
        3. Expansion of Agriculture and Food Storage Facilities
        4. Regulatory Support for Pest Control
      2. Restraints
        1. Environmental Concerns
        2. Regulatory Restrictions
        3. Development of Resistance
        4. Public Perception and Awareness
      3. Opportunities
        1. Development of Safer Formulations
        2. Expansion of Integrated Pest Management (IPM) Practices
        3. Growing Demand in Emerging Markets
        4. Technological Advancements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Rodenticides Market, By Product, 2020 - 2030 (USD Million)
      1. Anticoagulant
      2. Non-anticoagulant
    2. Global Rodenticides Market, By Form, 2020 - 2030 (USD Million)
      1. Pellets
      2. Blocks
      3. Powder
    3. Global Rodenticides Market, By Application, 2020 - 2030 (USD Million)
      1. Pest Control Companies
      2. Warehouses
      3. Household
    4. Global Rodenticides Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profile
      1. BASF
      2. Bayer AG
      3. Rentokil Initial PLC
      4. Neogen Corporation
      5. Bell Laboratories Inc.
      6. Liphatech Inc.
      7. Impex Europa
  7. Analyst Views
  8. Future Outlook of the Market