In 2016, the global rodenticides market was valued at USD 748.1 millions. Market growth is likely to be driven by factors such as the increased prevalence of pest-related illnesses, surging rodent populations, increasing demand for pest control and availability of natural pesticides.
In the next few years, growth will be driven by rising concerns about economic loss due to rodent damage in agricultural fields. Demand will be restrained by environmental concerns about chemicals and the ill effects they have on humans and other living creatures. Stringent laws regulate product application.
North America and Europe have established strict regulations regarding the use of chemical pesticides. To be sold to the public, pesticide products must first be registered with the U.S. Environmental Protection Agency. The Federal Insecticide, Fungicide and Rodenticide Act (FIFRA) regulates these products.
The increasing number of rodents is a key factor in the spread of transmissible diseases like plague, Hantavirus infection and Lassa fever. This, in turn, has a negative impact on the environment, wildlife and people. There are many rodent control products that can be used in residential, commercial, and industrial settings.
In major cities around the world, rodent control products are in high demand. The development of new rodent control products is a key focus for market players. Their demand will rise in the future due to an increase in offices, hospitals, hotels, housing, and high hygiene standards.
Natural rodenticides can be biodegradable and are non-toxic to humans, pets, and wildlife. If they are accidentally consumed, they will not cause harm to domestic animals or humans. They also do not pollute the environment. These products are also economically viable because they don't require special storage, handling, transportation and disposal.
Based on the application of rodenticides, they are divided into anticoagulant or non-anticoagulant. Bromadiolone and brodifacoum are all anticoagulants. Chlorophacinone and warfarin are chemical non-anticoagulants. These active ingredients can be mixed with vegetable oil or grains and fed to rodents.
Internal bleeding can lead to death from blood loss. You can further divide them into the first and second generations. The first generation anticoagulants are diphacinone and warfarin. Second-generation anticoagulants are bromadiolone and difenacoum. In 2016, the segment held a global market share at 77.8%.
Anticoagulants of the first and second generations block rodents' ability to make blood clotting factor, which eventually kills them. To show their effect, first generation anticoagulants must be taken in multiple doses. Secondary killing can occur if an animal ingests anticoagulant rodent. The first generation of anticoagulants is labeled for use in agriculture for vole control, pocket gopher control and below-ground mole control.
Rodent control has been a key focus of the use of acute rodenticides. Zinc phosphide in China is the most popular field rodenticide. China considers anticoagulants legal. Due to their slow effect, farmers are shifting their preferences. Accordingly, the CAGR for non-anticoagulants is expected to be the fastest over the forecast period.
Rodenticides are efficient and fast in killing rodents. This will drive their demand during the forecast period. Market growth will be limited by strict government regulations regarding the use of active ingredients. Rodenticides can be purchased in powder, spray, or block form.
Most rodents eat grass, seeds, plants and fruits. Because of its seed-like appearance, rodenticide pellets are attractive to a lot of rodents. This will likely drive their demand in the future. This segment is expected to have a global market share in excess of 43.4% by 2025.
In 2016, blocks accounted for a large share of the global market. They are suitable for outdoor use because they are waterproofed and resist the elements. This form is being used by pest control companies to drive growth over the next few years.
In 2016, the rodenticides market had a 11.6% share in powder and spray. This segment will likely see a slowdown in growth due to the risks associated with the product's accessibility to animals, humans, and other wildlife. This product should not be used in ventilation ducts because it can release particles into the atmosphere, which can in turn contaminate food or other sensitive products.
In 2016, the global market share for agriculture was 25.2%. The forecast period will see an increase in demand due to rodent damage to stored grain, farm equipment and field crops. Global food security can be at risk from the most severe consequences of rodents. Over the years, many countries have experienced loss of crops and food.
Pest control companies offer services for hotels, homes, offices, apartments, retail businesses, apartment complexes, food processing sectors, manufacturing facilities, warehouses, electronic sectors, and other areas. Pest control companies can also help spread diseases and contaminate food. Pest control services will be in high demand as a result of increasing instances of damage to electric wirings and walls in residential and commercial buildings.
To avoid temperature fluctuations, rodents seek shelter in man-made structures like warehouses. They can cause damage to storage structures, products stored, and containers. This will increase the use of warehouses in the future. In 2016, the global warehouse market share was 16.1%.
One of the biggest concerns is the increase in infectious diseases in urban areas. High demand for hygiene and sanitation has resulted in an increase in urbanization. Urban centers will see a rise in demand for rodenticides due to rising awareness about hygiene standards and a surging rodent population.
North American demand will be driven by the presence of many manufacturers and high hygiene standards over the forecast period. Modernization and renovation have led to the displacement of rats from older buildings. These rats then move into cities. These factors will likely increase the demand for rodenticides in the future. The U.S. dominated North America's market in 2016, and this trend is expected to continue in the future.
Europe is a major European market for rodenticides, accounting for 31.1% of the total in 2016. The region's rodent population is expected to increase over the forecast period. With over 6,000 pest control businesses, the market is fragmented. Deteriorating drains and garbage are major reasons for the increase in rodent populations. Industry growth will be slowed by government regulations on pest control methods, which are subject to secondary death.
Asia Pacific is a competitive and fragmented market because of the presence of more than 3,000 pest control businesses. Rodent infestations in this region are often caused by unusual climatic conditions like floods, heavy rains, and cyclones. A better food supply than usual in agricultural fields also provides rodents with a breeding ground, which in turn increases their numbers. These factors will drive the demand for effective pest management measures during the forecast period.
Rodents are responsible for large-scale crop losses in South American countries like Brazil and Colombia. Rodents can cause damage to crops and reduce food production. They also transmit diseases. These factors will drive industry growth in the future. In 2016, Central and South America accounted for 10.1% of the market.
Effective distribution networks are essential to reduce the gap between supply and demand. This is why key manufacturers are involved in effective manufacturing. Some of the major players include BASF, Bayer AG, Rentokil Initial PLC, Neogen Corporation and Bell Laboratories Inc. Liphatech Inc. and Impex Europa. EcoClear Products Inc. provides natural rodenticides which are non-toxic and eco-friendly.
Manufacturers are pursuing key strategies to increase their market share, including acquisitions and product development. In an effort to expand their market reach, companies are developing new products for specific applications. Manufacturers are also engaged in extensive R&D to develop high-quality, effective products and technologies.
This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2014 to 2025. Grand View Research has divided the global rodenticides market report by product, application mode, end use and region.
Product Outlook (Revenue USD Million, 2014-2025)
Anticoagulant
Non-anticoagulant
Mode of Application Outlook (Revenue USD Million, 2014-2025)
Pellets
Block
Powder & Spray
End-use Outlook (Revenue USD Million, 2014-2025)
Agriculture
Pest control companies
Warehouses
Urban centers
Household
Regional Outlook (Revenue USD Million, 2014-2025)
North America
The U.S.
Europe
Germany
The U.K.
Asia Pacific
China
Japan
India
Central & South America
Brazil
Middle East & Africa
b. Global rodenticides market was valued at USD 814.7 Million in 2019, and is forecast to grow to USD 839.9 in 2020.
What is the growth rate of the rodenticides industry?b. Global rodenticides markets are expected to expand at a compound annual rate of 3.3% between 2019 and 2027, reaching USD 993.4 Million by 2027.
Which market segment had the largest share of rodenticides?b. With a 29.9% share in 2019, Europe was the dominant market for rodenticides. This can be attributed to the growing rodent population and government regulations regarding pest control methods that avoid secondary death.
What are the major players in the rodenticides marketb. Some of the key players in the rodenticides market are: BASF, Bayer AG, Rentokil Initial PLC, Neogen Corporation and Bell Laboratories Inc. Liphatech Inc. and Impex Europa.
What are the driving factors for the rodenticides industry?b. Market growth is being driven by the following key factors: an increase in pest-related diseases, a surging rodent population and a rising awareness about pest control.
Up Market Research published a new report titled “Rodenticides Market research report which is segmented by End Use (Pest Control Companies, Household, Agriculture), by Mode of Application (Blocks, Powder & Spray, Pellets), By Players/Companies BASF; Bayer AG; Rentokil Initial PLC; Neogen Corporation; Bell Laboratories Inc; Liphatech Inc; and Impex Europa”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Rodenticides Market Research Report |
By End Use | Pest Control Companies, Household, Agriculture |
By Mode of Application | Blocks, Powder & Spray, Pellets |
By Companies | BASF; Bayer AG; Rentokil Initial PLC; Neogen Corporation; Bell Laboratories Inc; Liphatech Inc; and Impex Europa |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 228 |
Number of Tables & Figures | 160 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by End Use (Pest Control Companies, Household, Agriculture), by Mode of Application (Blocks, Powder & Spray, Pellets).
Rodenticides Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Rodenticides Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Rodenticides Market Report:
Some other reports from this category!