Agricultural Industry Expansion Fuels Growth Of Rodenticide Market Driver: Leading Transformation in the Rodenticide Market in 2025

What industry-specific factors are fueling the growth of the rodenticide market?
The expansion of the agricultural sector is predicted to fuel the growth of the rodenticide market in the future. The term "agricultural industry" refers to businesses predominantly engaged in the cleaning, processing, storing, or packing of a variety of products primarily sourced from agricultural activities. To safeguard agricultural produce from rodents such as rats and mice, rodenticides are predominantly utilized in this sector. For example, as reported by the UK's Department for Environment Food & Rural Affairs in February 2024, the average farm business income (FBI) across all farms in the UK saw a substantial rise, moving from USD 50461(£46,500) in 2020/21 to USD 78133(£72,000) in 2021/22. Additionally, the UK's total income from farming (TIFF) in 2022 was $6.61 billion (£7.9 billion), a 17% increase from 2021, accumulating USD 1.43 billion (£1.1 billion). Hence, the escalating growth of the agricultural sector is a key driving factor for the advancement of the rodenticide market.

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What Is the projected market size and growth rate for the rodenticide market?
The market size of rodenticides has been rapidly expanding in the most recent years. The projected growth will escalate from $7.24 billion in 2024 to $7.93 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%. Several factors contributed to this growth in the past years including the heightened concern over sanitation and hygiene, amplified demand from hospitality and tourism industry sectors, an increase in building construction activities, more damages attributed to rodents, and a surge in vector-borne illnesses.

In the upcoming years, the rodenticide market is poised for speedy expansion. It is projected to surge to $12.36 billion in 2029 with a compound annual growth rate (CAGR) of 11.7%. This upswing during the prediction period can be credited to an expanding agriculture sector, increasing warehouse quantities, growing urbanization, and escalating food waste. Key trends for the predicted period comprise using fast-acting rodenticides for quick extermination of rodents, providing Direct-to-Consumer (D2C) rodenticide platforms to specialized pest control firms or licensed individuals due to safety issues. Product innovations and new product solutions to solidify their market stance, as well as a focus on partnerships and collaborations to enhance their product range and geographic reach, are also predicted.

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What are the emerging trends shaping the future of the rodenticide market?
Prominent businesses that compete in the rodenticides industry are focusing on the advancement and creation of innovative products, like future-proof technologies, to improve efficiency, security, and ecological sustainability. This is essential in order to meet emerging customer needs and comply with regulatory criteria. Future-proof technologies are pioneering creations that are built to remain significant and effective as the demands and setting grow. They possess the ability to be flexible, scalable, and adjustable to accommodate swift shifts in market dynamics and user prerequisites. As an example, in February 2024, SecureChoice was introduced by Syngenta, a technology firm in agriculture based in Switzerland. SecureChoice is particularly compatible for installation during construction or renovation projects or even integration into existing structures, specifically within inaccessible locations typically preferred by rodents.

What major market segments define the scope and growth of the rodenticide market?
The rodenticide market covered in this report is segmented -

1) By Type: Anticoagulant, Non-Anticoagulan
2) By Form: Pellet, Spray, Powder, Other Forms
3) By Application: Agriculture, Warehouses, Pest Control Companies, Other Applications

Subsegments:
1) By Anticoagulant: First-Generation Anticoagulants, Second-Generation Anticoagulants
2) By Non-Anticoagulant: Acute Toxins, Calcium Releasers

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Which region dominates the rodenticide market?
North America was the largest region in the rodenticide market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rodenticide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the rodenticide industry growth?
Major companies operating in the rodenticide market include BASF SE, Syngenta, Bayer AG, Neogen Corporation, UPL Limited, Bell Laboratories Inc, Liphatech Inc., PelGar International, JT Eaton, Impex Europa, India Pesticides Limited, United Phosphorus Ltd, Kalyani Industries Limited, Sumitomo Chemical India Limited (SCIL), Dow AgroSciences Australia Ltd, Rentokil Initial plc, Mitsui Chemicals, TAE IL COMPANY, Sinochem International Corporation, China National Chemical Corporation, We-Young Industrial & Trading Co. Ltd., Shijiazhuang Awiner Biotech Co. Ltd, Shandong Dongtai Agricultural Chemistry Co. Ltd., Sunking Chemical Industrial Co. Ltd., Anticimex, Industrialchimica, Fregata S.A., ItalTiger, ZEP Inc, EcoClear, Senestech Inc, Arch Quimica Argentina Srl, Lectus Sa., Alexander Chemical Company, Dow Agrosciences De Colombia S.A., Brinsa S.A., BioDalia Microbiological Technologies, Ecovar Trading LLC, Al Mubarak Agro-Chemicals, VAPCO Manufacturing CO. Ltd., Kassar Group, KZ pesticides company, Enviro Bio-Chem, Synvita, Degesch South Africa

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What Is Covered In The Rodenticide Global Market Report?

• Market Size Forecast: Examine the rodenticide market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the rodenticide market for a structured understanding.
• Key Players Overview: Analyze major players in the rodenticide market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the rodenticide market.
• Segment Contributions: Evaluate how different segments drive overall growth in the rodenticide market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the rodenticide market.
• Industry Challenges: Identify potential risks and obstacles affecting the rodenticide market.
• Competitive Landscape: Review strategic developments in the rodenticide market, including expansions, agreements, and new product launches.

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