Rodenticides Market, By Type (Non-anticoagulants and Anticoagulants (FGAR, SGAR)), By End use (Agricultural fields, Warehouses, Residential, and Commercial), By Mode of Application (Pellet, Spray, and Powder), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2030

Rodenticides are pesticides that kill rodents. Rodents include not only rats and mice, but also squirrels, woodchucks, chipmunks, porcupines, nutria, and beavers. Although rodents play important roles in nature, they may sometimes require control. They can damage crops, violate housing codes, transmit disease, and in some cases cause ecological damage. Rodents, humans, dogs and cats are all mammals, so our bodies work in very similar ways. Rodenticides have the same effect when eaten by any mammal. They can also affect birds. Rodenticides are usually formulated as baits, which are designed to attract animals. Flavorings may include fish oil, molasses or peanut butter. Baits used in agriculture and natural areas may contain ground meat, vegetables, grains, or fruits. Many rodenticides stop normal blood clotting; these are called anticoagulants. Bromadiolone, chlorophacinone, difethialone, brodifacoum, and warfarin are all anticoagulants. There are a number of rodenticides that are not anticoagulants, and these work in different ways. The global rodenticides market accounted for US$ 5.1 billion in 2020 and is estimated to be US$ 8.47 billion by 2030 and is anticipated to register a CAGR of 5.3%.

Impact of climatic changes on rodent proliferation

Rodent population responds more rapidly to favorable weather conditions, such as heavy rainfall, which could directly or indirectly proliferate rodent-borne pathogens, such as spirosis, a zoonotic bacterial disease, with an unknown, but probably high human and veterinary prevalence. Rodents breed prominently more in warmer climates and with the changing climatic or the global warming leads to the change in the population dynamics of rodents and their ecosystems, as. The proliferation of rodent population is related to climatic changes, which is a major international public health concern. Hantavirus infection is increasingly sensitive to climatic conditions. The entertainment sector, warehouses, construction companies, foodservice segment, pharmaceutical companies, and the hospitality sector play an important role in encouraging the demand for pest control products & services, particularly for rodents. The economic losses due to the damages caused by pests, such as rodents, affect the tourism industry. The growth of the hospitality and entertainment sectors in urban areas due to the high purchasing power among consumers has driven the demand for rodent control products.

However, there are various rules and regulation regarding the usage, purchase, registration, formulation, application, and disposal of pesticides due to the health and environmental policies. According to Rentokil, the use of rodenticides as control and preventive methods have been restricted in many European and North American countries. These policies could be the retraining factor for the market.

Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The global rodenticides market is segmented based on type, end use, mode of application, and region.

Depending upon the type, the global rodenticides market is divided non-anticoagulants and anticoagulants (FGAR, SGAR). In terms of end use, the worldwide industry is categorized into agricultural fields, warehouses, residential, and commercial. Based on the mode of application, the target market is segmented into pellet, spray, and powder.

Regional Insights:

The global rodenticides market accounted for US$ 5.1 billion in 2020 and is estimated to be US$ 8.47 billion by 2030 and is anticipated to register a CAGR of 5.3%. On region the global rodenticides market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global rodenticides market in terms of revenue as compared to other regions. Due to high rodent population densities, there is an increase in the cases of rodent-borne disease (for instance, Hantavirus) that transmits to humans. According to the CDC, the density of rodents that can cause Hantavirus is high in the US states, including Texas, Oklahoma, Louisiana, and Arkansas. Due to these factors, there are plans to eradicate the growing rodent population in North American countries, and hence contributing to the high consumption of rodenticides

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global rodenticides market report based on type, end use, mode of application, and region.

Global Rodenticides Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global rodenticides market includes Bayer AG, Syngenta AG, BASF SE, Rentokil Initial Plc, JT Eaton, UPL Limited, Anticimex, Bell Laboratories Inc, Ecolab Inc, Rollins Inc, Abell Pest Control. 

Bayer AG:

Bayer introduces a new pest control product Harmonix Rodent Paste, a high-performance rodenticide which can be used for a long period of time.

• Bayer AG
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Syngenta AG
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• BASF SE,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Rentokil Initial Plc
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• JT Eaton
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• UPL Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Anticimex
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
•  Bell Laboratories Inc
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
•  Ecolab Inc
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Rollins Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Abell Pest Control.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies