Rodenticides Market Size, Share, Drivers, Opportunities, Top Companies, and Forecast - PowerPoint PPT Presentation

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Rodenticides Market Size, Share, Drivers, Opportunities, Top Companies, and Forecast

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The rodenticides market is projected to reach USD 7.7 billion by 2029 from USD 5.8 billion by 2024, at a CAGR of 5.9% during the forecast period in terms of value. – PowerPoint PPT presentation

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Title: Rodenticides Market Size, Share, Drivers, Opportunities, Top Companies, and Forecast


1
Rodenticides Market Size, Share, Drivers,
Opportunities, Top Companies, and Forecast
The rodenticides market size is expected to grow
from USD 5.8 billion in 2024 to USD 7.7 billion
by 2029, with a compound annual growth
rate (CAGR) of 5.9 during the forecast
period. The demand for rodenticides is
driven by the prevalence of rodent
infestations in various environments,
including urban, agricultural, and industrial
areas. Factors such as climate change,
urbanization, and changes in land use
patterns can impact rodent populations,
leading to increased pest pressure and the need
for rodenticide solutions.
Rodenticides Market Drivers Impact of
Urbanization on Rodent Displacement Urbanization
significantly influences land use, especially in
developing countries, where 90 of the
population is expected to live in urban
areas. This shift could affect public health
as rural pathogens adapt to city environments,
leading to their increased prevalence. According
to a Rentokil article, new building construction
often displaces rat populations, driving them
into urban areas. The Building and
Construction Authority (BCA) report
highlights the growing demand for
construction activities, which can disrupt
rodent nesting sites in rural regions,
pushing them toward cities. A recent
article in Frontiers identifies black rats
as highly adaptable to the environmental
changes caused by human activities, making
them common in urban areas worldwide. As
urbanization accelerates, the need for effective
rodent control in developing urban regions
becomes increasingly critical.
Rodenticides Market Opportunities Rising Demand
for Rodent Pest Control Services in the
Hospitality and Tourism Industries
2
  • Rising demand for maintenance services
    to control rodent pests and mitigate
    potential damages, driven by increased
    interest in recreational activities, is
    fueling the growth of the rodenticide market.
  • Various sectors including entertainment,
    warehouses, construction, food service,
    pharmaceuticals, and hospitality are key drivers
    of demand for pest control products and services,
    especially for rodent management.
  • Economic losses from pest-related damages,
    particularly rodents, affect the tourism
    industry.
  • Growth in urban hospitality and
    entertainment sectors, supported by consumer
    purchasing power, highlights the need
    for effective rodent control to
    maintain aesthetic appeal and ensure customer
    satisfaction.
  • Urban pests, as noted by the World Health
    Organization (WHO), pose significant public
    health threats.
  • Rising hospital admissions due to insect vector
    bites and wasp stings emphasize the importance
    of pest control in
    safeguarding public health.
    Economic losses from pest-borne diseases can
    further impact the tourism sector.
  • Assessing the impact of pest control solutions in
    commercial establishments on user health,
    especially in reducing microbial contamination,
    is crucial.
  • What factors are contributing to the Urban
    Centers segment leading the market share in the
    rodenticides industry?
  • Urban environments, characterized by dense human
    populations, offer ample food sources and
    shelter for rodents. The proximity of
    buildings, infrastructure, and waste
    management systems creates optimal
    conditions for rodent infestations to
    proliferate. In urban environments, a
    multitude of structures including buildings,
    sewers, and subway systems, serve as shelter
    and nesting sites for rodents. Structural
    imperfections such as cracks and crevices in
    buildings provide entry points for rodents,
    facilitating their access to indoor spaces
    and heightening the risk of infestations.
  • North America to dominate the Rodenticides Market
    Share.
  • North America is home to over 400 rodent species,
    many of which have adapted to human environments
    and are now considered pests in urban,
    agricultural, and forestry areas. Changes in
    climate, such as milder winters and warmer
    springs, have enhanced the reproduction and
    survival of certain rodent species, leading to
    outbreaks like those of house mice in the US.
    North America accounts for about 60 of the
    global pest control market, including the
    United States, Canada, and Mexico. Key players in
    this sector, such as Rollins, Inc., Rentokil
    Initial plc, and Ecolab, have seen growth due to
    the increased demand for pest control services in
    highly urbanized regions like the US and Canada.
    As a result, there has been a rise in rodenticide
    use across North America.

Top Rodenticides Companies Key players within
this market consist of reputable and
financially robust rodenticides manufacturers.
These entities boast extensive industry
tenure, offering diversified product
3
portfolios, cutting-edge technologies, and
robust global sales and marketing networks.
Prominent companies in this market BASF SE
(Germany), Bayer AG (Germany), Syngenta AG
(Switzerland), UPL ( India), Neogen
Corporation ( US), Anticimex ( Sweden),
Ecolab (US), Rentokil Initial plc ( UK),
Senestech, Inc. ( US), Rollins, Inc. (
US), Liphatech, Inc. (US), JT Eaton Co., Inc.
(US), PelGar International (UK), Bell
Laboratories Inc. (US), and Abell Pest Control (
Canada).
Download PDF Brochure https//www.marketsandmarke
ts.com/pdfdownloadNew.asp?id189089498 Rodenticide
s Market Segments This research report
categorizes the rodenticides market,
based on application, end use, rodent types,
and region. By Mode of Application
type, mode of
  • Pellets
  • Spray
  • Powder
  • By End Use
  • Agriculture
  • Warehouses
  • Urban Centers

4
  • By Rodent Types
  • Rats
  • Mice
  • Chipmunks
  • Hamsters
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (RoW)
  • Key Questions Addressed by the Rodenticides
    Market Report
  • Which are the major companies in the
    rodenticides market? What are their major
    strategies to strengthen their market presence?
  • What are the drivers for the rodenticides market?
  • Which region is expected to hold the highest
    market share?
  • Which are the key technology trends prevailing in
    the rodenticides market?
  • What is the total CAGR expected to be recorded
    for the rodenticides market during 20242029?
  • Schedule a call with our Analysts to discuss your
    business needs
  • https//www.marketsandmarkets.com/speaktoanalystNe
    w.asp?id189089498
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