Rodent Control Market Cultivating Insights Harvesting Valuable Data through Focus Group Exploration

According to Allied Market Research, the global rodent control market was valued at $2.4 billion in 2019 and is projected to reach $3.9 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/A06153

Growth Drivers:

- Increasing urbanization and rapid population growth.

- Climate changes contributing to rodent proliferation.

- Easy accessibility of rodent control products and services.

Challenges:

- Strict regulations and bans on chemical-based rodent control solutions.

Opportunities:

R&D investments in developing bio-based rodenticides.

Segment Analysis:

By Type:

- Chemical: Dominated the market in 2019 with over one-third share and is expected to maintain its lead through the forecast period. Growth is driven by the development of less toxic chemicals adhering to Food Quality Protection Act standards.

- Biological: Expected to grow at the highest CAGR of 7.3% from 2020 to 2027, spurred by research initiatives to create pathogen-based rodent prevention methods.

By Application:

- Residential: Held the largest market share in 2019, accounting for nearly one-third of the global market. Growth is attributed to increased construction activities and government rodent control programs in developing regions.

- Commercial: Projected to witness the highest CAGR of 6.8% during the forecast period, driven by the adoption of chemical and mechanical rodent control methods in hospitals, households, farms, and restaurants.

Regional Insights:

- North America: Accounted for nearly half of the global market share in 2019 and is expected to maintain dominance. Market growth is fueled by a strong housing market, an improving economy, and government vector control initiatives.

- Asia-Pacific: Forecasted to grow at a CAGR of 7.5% from 2020 to 2027, driven by agricultural expansion and a growing number of organic food producers in China and India.

Key Market Players:

- Syngenta AG

- Senestech Corporation

- Anti Cimex

- BASF SE

- Bayer AG

- Ecolab Inc.

- Neogen Corporation

- PelGar International

- Rentokil Initial Plc

- Rollins Inc.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/rodent-control-market-A06153

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.