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Burgeoning Growth in the Rodenticide Market: A Comprehensive Analysis of Market Size, Growth Drivers, Key Players, and Trends
Rodenticide Market Size
What Is The Projected Market Size Of The Global Rodenticide Market And Its Growth Rate?
The global rodenticide market is witnessing steady expansion with growing awareness about sanitation and hygiene, and increasing demand from the hospitality, tourism and construction sectors. Key size projections and growth figures include:
- The market grew from $7.24 billion in 2024 to $7.93 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%.
- Driven by a growing agricultural industry, increasing warehouses, rising urbanization and growing food waste, the rodenticide market is projected to soar to $12.36 billion in 2029, with a CAGR of 11.7%.
What Is Driving The Growth In The Rodenticide Market?
The exponential growth in the agricultural industry propels the rodenticide market forward. The rise in agricultural activities means an expanded application of rodenticides to protect the produce from rats, mice, and other rodent pests. As of February 2024, the average farm business income across all UK farms saw a significant increase, according to the Department for Environment Food & Rural Affairs. This growth in agriculture is providing impetus to the rodenticide market.
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Who Are the Key Players Driving Rodenticide Market Growth?
The significant organizations contributing to the rodenticide market growth include:
- BASF SE
- Syngenta
- Bayer AG
- Neogen Corporation
- UPL Limited
- Bell Laboratories Inc
- Liphatech Inc.
- PelGar International
- JT Eaton
- Impex Europa
What Are The Key Trends In The Rodenticide Market?
Major market trends include:
- The rise in the adoption of fast-acting rodenticides to eliminate rodent infestations quickly.
- Offering direct-to-consumer (D2C) rodenticide platforms to pest control companies or licensed professionals due to safety concerns.
- Focusing on product innovations and new product solutions to strengthen market standing.
- Forming partnerships and collaborations to expand product portfolio and geographical presence.
What Are The Segments Of The Global Rodenticide Market?
The global rodenticide market is categorized into the following segments:
- By Type: Anticoagulant, Non-Anticoagulant
- By Form: Pellet, Spray, Powder, Other Forms
- By Application: Agriculture, Warehouses, Pest Control Companies, Other Applications
Which Region Leads The Rodenticide Market?
North America held the largest share in the rodenticide market in 2024. However, Asia-Pacific is anticipated to be the fastest-growing region during the forecast period. The regions discussed in the report encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Rodenticide Market Global Market Report?
- Market Size Analysis: Analyze the Rodenticide Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Rodenticide Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Rodenticide Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Rodenticide Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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