Rodenticides Market 2019 : Rising Need to Maintain Quality Standard to Boost Market

According to Verified Market Intelligence, The Global Rodenticides Market was valued at USD 2.63 billion in 2016 and is projected to reach USD 6.92 billion by 2025, growing at a CAGR of 11.35% from 2017 to 2025.

Rodenticides are the chemical substance that is used as pesticides to kill rodents such as rats and mice. It can also kill humans, livestock and pets even if consumed in small amounts. It is classified into two types: anticoagulants and nonanticoagulants. Rodenticides can cause damage to crops, transmit various diseases, and also result in ecological damage. Increasing demand for pest control has contributed majorly to the growth of rodenticides market.

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Prevention of diseases caused by rodents and rise in rodent population has been driving the global rodenticides market. While the toxic effect on animals and fluctuations in government policies in different countries might hinder the overall growth at a global level.

The “Global Rodenticides Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as BASF SE, Bayer CropScience Ag, Impex Europa S.L., J.T. Eaton & Co., Inc., Liphatech, Inc., Neogen Corporation, Pelgar International, Senestech, Inc., Syngenta SA, and UPL Limited. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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