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Rodenticides Market worth $7.98 billion by 2030, growing at a CAGR of 5.76% - Exclusive Report by 360iResearch
Rodenticides Market | 360iResearch
The Global Rodenticides Market to grow from USD 5.39 billion in 2023 to USD 7.98 billion by 2030, at a CAGR of 5.76%.
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Rodenticides are chemical or biological agents specifically designed to control rodent populations, targeting species such as rats, mice, voles, and squirrels. These substances function through various mechanisms, including anticoagulants, which prevent blood clotting, and neurotoxins, which affect the nervous system. The application of rodenticides is crucial in agricultural, urban, and industrial settings to prevent food loss, property damage, and the spread of diseases. The primary drivers include increasing urbanization and the subsequent rise in rodent populations in urban areas, the growing need to protect crops from rodent infestations in agricultural sectors, and heightened awareness of rodent health risks. Additionally, the expansion of warehousing and storage facilities has escalated the need for effective rodent management strategies. The restraints include stringent regulatory requirements governing the use of rodenticides due to concerns over their environmental impact and toxicity to non-target species. Furthermore, developing resistance among rodent populations poses a significant challenge, necessitating continuous research efforts to develop more effective and safer products. Opportunities include the development of eco-friendly and biodegradable rodenticides, focusing on innovative delivery systems and formulations that minimize risks to non-target species and the environment. Emerging markets, particularly in the Asia-Pacific region, offer new avenues for expansion, driven by rapid urbanization and the need for effective pest control solutions in agricultural settings.
The rodenticides market in the Americas is experiencing robust growth, primarily owing to extensive agricultural activities and the need to protect crops from rodent invasions. However, stringent environmental regulations in the region, especially concerning the use of chemical rodenticides, are pushing the market towards more eco-friendly and humane alternatives. Europe, with its well-established agricultural sector, strong regulatory framework, and heightened environmental consciousness, shows a preference for eco-friendly and sustainable rodenticide solutions. The European Union's strict regulations on chemical pesticides have accelerated the adoption of natural and biological rodenticides. In contrast, markets in the Middle East and Africa are still developing, with a mix of urban and agricultural demand driving the need for rodenticides. The APAC region is witnessing the fastest growth in the global rodenticides market, with rapid industrialization, agricultural development, and expanding urban areas. The region is also seeing a rise in the adoption of integrated pest management practices, which include the use of rodenticides as a key component.
Market Segmentation & Coverage:
This research report categorizes the Rodenticides Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Anticoagulant Rodenticides and Non-Anticoagulant Rodenticides. The Anticoagulant Rodenticides is further studied across First-Generation Anticoagulants and Second-Generation Anticoagulants. The First-Generation Anticoagulants is further studied across Chlorophacinone, Coumatetralyl, Diphacinone, and Warfarin. The Second-Generation Anticoagulants is further studied across Brodifacoum, Bromadiolone, Difenacoum, Difethialone, and Flocoumafen. The Non-Anticoagulant Rodenticides is further studied across Bromethalin, Cholecalciferol, Strychnine, and Zinc Phosphide. The Non-Anticoagulant Rodenticides is projected to witness significant market share during forecast period.
Based on Form, market is studied across Pellets, Powders, and Sprays. The Powders is projected to witness significant market share during forecast period.
Based on End-user, market is studied across Agricultural Fields, Urban Centers, and Warehouses. The Agricultural Fields is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.29% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Rodenticides Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Rodenticides Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Rodenticides Market, highlighting leading vendors and their innovative profiles. These include BASF SE, Bayer AG, Bell Laboratories, Inc., C Rudduck Pty Ltd, DPC group corporatuion Ltd., EcoClear Products, Inc., Environmental Science U.S. Inc., HEBEI ENGE BIOTECH CO.,LTD., Impex Europa S.L., JT Eaton & Co., Inc., Kalyani Industries Limited, Kaput Products by Scimetrics Ltd Corp., Kassar Group SARL, Liphatech, Inc., LODI Group, Neogen Corporation, PelGar International Ltd., Rentokil Initial PLC, SenesTech, Inc., Shenzhen Eighty-Eight Industry Company Limited, Sumitomo Chemical Co., Ltd., Syngenta Crop Protection AG, UPL Ltd., Victor Pest, and Xuzhou Jinhe Chemicals Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Rodenticides Market, by Type
7. Rodenticides Market, by Form
8. Rodenticides Market, by End-user
9. Americas Rodenticides Market
10. Asia-Pacific Rodenticides Market
11. Europe, Middle East & Africa Rodenticides Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Rodenticides Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Rodenticides Market?
3. What is the competitive strategic window for opportunities in the Rodenticides Market?
4. What are the technology trends and regulatory frameworks in the Rodenticides Market?
5. What is the market share of the leading vendors in the Rodenticides Market?
6. What modes and strategic moves are considered suitable for entering the Rodenticides Market?
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The major manufacturers covered in this report
• UPL
• Basf
• Liphatech
• Bayer Cropscience
• Senestech
• Marusan Pharma Biotech
• Syngenta
• JT Eaton
• Neogen Corporation
• PelGar International…
