"Global Rodenticides Market - Industry Trends and Forecast to 2029
Global Rodenticides Market, By Type (Non-anticoagulants, Anticoagulants), First-generation (Anticoagulants, Chlorophacinone, Diphacinone, Coumatetrayl and Warfarin), Second-Generation (Anticoagulants Brodifacoum, Bromadiolone, Difenacoum, Difethialone and Flocoumafone), Mode of Application (Pellet, Spray, Powder), End User (Agriculture, Warehouses, Urban Centers, Residential and Commercial) – Industry Trends and Forecast to 2029
- Data Bridge Market Research analyses that the rodenticides market is expected to reach the value of USD 5.69 billion by the year 2029, at a CAGR of 5.70% during the forecast period of 2022-2029. "Agriculture" accounts for the most prominent end user segment in the respective market owing to rise in rodent attacks in agricultural fields and storage.
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Rodenticides refer to the pesticides that assist in killing rodents, including rats and mice, chipmunks, nutria, beavers, woodchucks, porcupines and squirrels. These pesticides are formulated as baits with substances such as peanut butter or molasses to attract and kill the rodents present in agricultural fields and warehouses. The increase in concern about the economic losses related to damage due to presence rodents is escalating the growth of rodenticides market.
**Segments**
- **Product Type:** The rodenticides market can be segmented based on product type into anticoagulants, non-anticoagulants, and others. Anticoagulant rodenticides are the most commonly used type due to their effectiveness in killing rodents by preventing blood clotting. Non-anticoagulant rodenticides are gaining popularity as they offer an alternative mode of action against rodents.
- **Formulation:** In terms of formulation, the market can be segmented into pellets, sprays, powders, and blocks. Pellets and blocks are the most widely used formulations as they are easy to place in areas where rodents frequent. Sprays and powders are also effective for certain applications, offering quick action against rodents.
- **Application:** Based on application, the rodenticides market can be segmented into agriculture, urban centers, warehouses, and others. Agriculture remains a key application area for rodenticides to protect crops from rodent damage. Urban centers and warehouses also utilize rodenticides to control rodent populations in residential and commercial areas.
**Market Players**
- **BASF SE:** A major player in the rodenticides market, BASF SE offers a wide range of rodenticide products for effective rodent control in various settings. The company focuses on innovation and sustainability in developing rodenticides.
- **Bayer CropScience:** Bayer CropScience is another prominent player in the market known for its comprehensive portfolio of rodenticide solutions. The company emphasizes safety and efficacy in its rodent control products.
- **Syngenta AG:** Syngenta AG is a key player in the rodenticides market, providing advanced solutions for rodent management. The company's focus on research and development drives its offering of innovative rodenticide products.
- **Rentokil Initial:** Rentokil Initial is a leading provider of pest control services, including rodenticides, offering tailored solutions for rodent control inThe rodenticides market is witnessing significant growth driven by the increasing need for effective pest control solutions in various sectors such as agriculture, urban areas, and commercial spaces. The segmentation of the market based on product type, formulation, and application offers insights into the diverse range of offerings and applications within the rodenticides industry. Anticoagulant rodenticides lead the market due to their proven efficacy in preventing blood clotting in rodents, resulting in effective pest control. Non-anticoagulant rodenticides are also gaining traction as they provide an alternative mode of action against rodent populations, catering to the demand for advanced pest control solutions.
In terms of formulation, pellets and blocks are the preferred choices for rodenticides as they are easy to deploy in areas where rodents are active, ensuring targeted pest control measures. Sprays and powders also offer quick action against rodent infestations, making them suitable for specific applications where immediate results are required. The diverse formulations available in the market cater to the varied needs of customers looking for efficient and reliable rodent control solutions.
The application of rodenticides across different sectors such as agriculture, urban centers, warehouses, and other environments highlights the versatility of these pest control products. Agricultural applications remain a key driver for the rodenticides market, as farmers and agricultural businesses rely on rodent control measures to protect crops from damage. Urban centers and warehouses also utilize rodenticides to maintain hygienic conditions and prevent rodent infestations in residential and commercial spaces, showcasing the widespread use of rodenticides across various industries.
Key market players such as BASF SE, Bayer CropScience, Syngenta AG, and Rentokil Initial play a crucial role in driving innovation and sustainability in the rodenticides market. These companies offer a wide range of rodenticide products tailored to different customer needs, emphasizing safety, efficacy, and research-backed solutions for effective rodent control. The competitive landscape of the rodenticides market is characterized by a**Global Rodenticides Market Analysis:**
- **Product Type:** The rodenticides market is segmented into anticoagulants, non-anticoagulants, and others. Anticoagulant rodenticides dominate the market due to their effectiveness in killing rodents by preventing blood clotting, ensuring efficient pest control. Non-anticoagulant rodenticides are gaining popularity as they offer alternative modes of action against rodent populations, catering to the demand for advanced pest control solutions.
- **Formulation:** The market segmentation based on formulation includes pellets, sprays, powders, and blocks. Pellets and blocks are widely preferred for their ease of placement in areas frequented by rodents, ensuring targeted pest control. Sprays and powders also play a significant role, providing quick action against rodent infestations and catering to specific applications where immediate results are necessary.
- **Application:** The rodenticides market is segmented based on application into agriculture, urban centers, warehouses, and others. Agriculture remains a primary application area for rodenticides to protect crops from rodent damage, highlighting the importance of effective pest control in the farming sector. Urban centers and warehouses also utilize rodenticides to control rodent populations in residential and commercial areas, emphasizing the widespread use of these products across various industries.
The global rodenticides market is witnessing substantial growth driven by the increasing demand for efficient pest control solutions in diverse sectors. Key market players such as BASF SE, Bayer Crop
Key points covered in the report: -
- The pivotal aspect considered in the global Rodenticides Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Rodenticides Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Rodenticides Market.
- The Global Rodenticides Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Countries Studied:
- North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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