Rodenticides Market  Revenue, Growth Factors, Trends, Key Companies, Forecast To 2030 | Reports And Data

Reports and Data estimates the global Rodenticides competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Rodenticides during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE, Bayer AG, SenesTech, Inc., Impex Europa S.L., Neogen Corporation, Liphatech, Inc., Reckitt Benckiser Group PLC., Rentokil Initial plc, Anticimex, and Rollins, Inc.

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Rodenticides Overview :-

The global rodenticides market size was USD 4.80 Billion in 2021 and is expected to register a revenue CAGR of 5.3% during the forecast period. Increasing usage of Integrated Pest Management (IPM) techniques and increasing damage from rodent attacks are major factors driving the market revenue growth. The widespread usage of rodenticides by different pest management companies has led to significant demand for rodent-resistant items in the world's major countries. The demand for grains as a result of a growing worldwide population and the expansion of food storage facilities as a result of growing concerns about food security are some other factors driving revenue growth of the rodenticides market.

Rodents can cause structural damage to buildings, develop nests inside ducts, and damage walls and electric wirings in commercial and residential construction zones. Moreover, crops produced for animals, and humans are prone to damage by rodents. This has prompted the heavy use of rodenticides in different rodent control products in residential, commercial, and industrial applications.

The movement of people from rural to urban areas as a result of urbanization, as well as the degradation of arable land, is contributing to an increase in the rodent population in urban areas. Rats are being relocated from their natural habitats to residential areas as a result of this settlement. This has necessitated the use of rodenticides to eradicate such rodents. Furthermore, increased public awareness and concern about hygiene and health increased the usage of rodenticides. Survival of rodents in a warmer climate due to an increase in temperature and global warming has led to a surge in the rodent population, which accumulates growth for rodenticides.

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For the purpose of this report Reports and Data has segmented global Rodenticides market on the basis of type, application, and region:

By Type Outlook             

Non-anticoagulants
Anticoagulants
First-generation Anticoagulants
Second-generation Anticoagulants

By Mode of Application Outlook             

Pellets
Sprays
Powders
Blocks
Granules

By End-Use Outlook      

Agricultural Fields
Warehouses
Urban Centers
Residential
Commercial

Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

What is the expected year-on-year growth of the Rodenticides during the forecast period?
What key trends are expected influence revenue growth of the market going ahead?
Which region is expected to account for largest revenue share over the forecast period?
Which key companies are profiled in the report?

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