Rodenticides Market Size – By Type (Anticoagulant, Non-anticoagulant), By Form (Pellets, Blocks, Powder), By Application (Pest Control Companies, Warehouses, Household) & Forecast, 2024 – 2032

Rodenticides Market Size – By Type (Anticoagulant, Non-anticoagulant), By Form (Pellets, Blocks, Powder), By Application (Pest Control Companies, Warehouses, Household) & Forecast, 2024 – 2032

Rodenticides Market Size

Rodenticides Market size was valued at USD 5.6 billion in 2023 and is anticipated to register a CAGR of over 5.8% between 2024 and 2032. The market refers to the industry involved in the production, distribution, and sale of chemical agents designed to control rodent populations. These rodenticides are utilized across various sectors such as agriculture, urban pest control, and public health to manage infestations of rats and mice.

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The market encompasses a wide range of products, including anticoagulant and non-anticoagulant formulations available in different forms such as pellets, blocks, and powders. Rodenticides play a crucial role in safeguarding crops, preventing property damage, and mitigating health risks associated with rodent-borne diseases, thereby serving as an essential component of integrated pest management strategies worldwide.

The growth of the global rodenticides market is primarily driven by increasing urbanization, expansion of agricultural activities, and growing awareness about the importance of pest control in maintaining public health and hygiene. Additionally, stringent regulations governing food safety and sanitation standards have propelled the demand for rodenticides in food storage facilities, restaurants, and residential areas.
 

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Moreover, advancements in pest control technologies and the development of eco-friendly rodenticide formulations are further stimulating market growth. With rising concerns about the spread of rodent-borne diseases and the economic losses incurred due to rodent infestations, the demand for effective rodenticides is expected to continue growing, driving expansion in the global rodenticides market.

Concerns about the environmental impact of rodenticides on non-target species and the development of resistance in rodent populations against certain types of rodenticides pose significant pitfalls for the market. These issues raise environmental and regulatory concerns, potentially leading to stricter regulations and reduced consumer confidence in rodenticide products. Moreover, resistance development undermines the efficacy of rodenticides, necessitating the development of alternative pest control strategies and impacting market growth. Addressing these challenges through innovation and sustainable practices is crucial for the long-term viability of the rodenticides industry.

Rodenticides Market Trends

In the rodenticides industry, several notable trends are shaping the industry landscape. Firstly, there's a growing emphasis on eco-friendly and sustainable pest control solutions. Consumers and regulatory bodies alike are increasingly concerned about the environmental impact of traditional rodenticides on non-target species and ecosystems. As a result, there's a rising demand for rodenticide formulations that are biodegradable, have lower toxicity levels, and are less harmful to the environment. This trend is driving innovation in product development, with companies investing in research to create safer and more sustainable alternatives to traditional rodenticides.

Secondly, there's a shift towards integrated pest management (IPM) approaches in rodent control strategies. IPM emphasizes the use of multiple pest control methods in conjunction with each other, including cultural, biological, and mechanical controls, alongside chemical interventions like rodenticides. This holistic approach aims to minimize reliance on chemical pesticides, reduce environmental impact, and prevent the development of resistance in target pest populations.

As a result, there's a growing adoption of IPM practices by farmers, pest control professionals, and facility managers, driving demand for rodenticides that complement and integrate seamlessly with other pest management techniques. Overall, these trends reflect a broader industry movement towards more sustainable and effective rodent control methods.

Rodenticides Market Analysis

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Based on type, the market is divided into anticoagulant, non-anticoagulant. The anticoagulant segment dominated around USD 3.1 billion revenue in 2023. Anticoagulant rodenticides, such as warfarin and bromadiolone, are favored for their effectiveness in controlling rodent populations by causing internal bleeding, leading to eventual mortality. Their widespread use in agricultural settings, urban areas, and food storage facilities, coupled with their ability to control rodent populations resistant to other types of rodenticides, contributes significantly to rodenticides market growth.

On the other hand, non-anticoagulant rodenticides, including bromethalin and cholecalciferol, appeal to consumers seeking alternatives with different modes of action to address resistance issues and reduce environmental impact. As the global demand for effective rodent control solutions continues to rise, driven by factors such as urbanization, expanding agricultural activities, and increasing awareness of health risks associated with rodent infestations, both anticoagulant and non-anticoagulant segments are expected to experience sustained growth in the market.

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Based on form, the rodenticides market is categorized as a pellets, blocks, powder. The pellets form segment accounted for 37% of the market share in 2023. Pellets offer convenience and ease of application, particularly in outdoor environments and agricultural settings, where they can be distributed evenly to target rodent populations. Blocks are favored for their durability and suitability for use in bait stations, making them ideal for both indoor and outdoor applications in commercial and residential settings. Powder formulations provide flexibility in application, allowing for precise targeting of rodent harborage areas and entry points.

As the demand for efficient and customizable rodent control solutions continues to rise, driven by factors such as urbanization, expansion of agricultural activities, and increasing awareness of health risks associated with rodent infestations, the pellets, blocks, and powder segments are poised for continued growth in the market.

The rodenticides market growth in the pest control companies, warehouses, household, and other applications segment is fueled by the increasing need for effective rodent management solutions across diverse sectors. Pest control companies rely on rodenticides to offer comprehensive pest control services to residential, commercial, and industrial clients, driving demand for both professional-grade and consumer-oriented products.

Warehouses and storage facilities prioritize rodent control to safeguard inventory and maintain compliance with hygiene and safety standards, leading to steady demand for rodenticides in bulk quantities. In households, rodenticides are sought after for managing rodent infestations and preventing property damage and health risks associated with rodents.

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North America rodenticides market generated a revenue of USD 1.8 Billion in 2023, attributed to a confluence of factors including, stringent regulations and standards regarding food safety and public health drive the demand for rodenticides in food storage, processing facilities, and urban areas, contributing significantly to market growth. Secondly, the region's extensive agriculture sector, coupled with the need to protect crops and livestock from rodent damage, fuels the adoption of rodenticides across farms and agricultural landscapes.

Additionally, North America's developed infrastructure and high urbanization rates increase the prevalence of rodent infestations in residential and commercial settings, further bolstering the demand for rodenticides in pest control applications. Moreover, the presence of established players in the region, along with ongoing research and development efforts to innovate safer and more effective rodenticide formulations, strengthens North America's position as a leader in the global market.

Rodenticides Market Share

The rodenticides industry is dominated by several major market players, each contributing significantly to the global market. BASF SE, a leading chemical company, offers a diverse range of rodenticide products tailored to various applications, including agriculture, urban pest control, and public health. Bayer AG, another key player, leverages its expertise in pharmaceuticals and agrochemicals to deliver innovative rodenticide solutions aimed at effectively controlling rodent populations while minimizing environmental impact.

Rentokil Initial plc, a prominent pest control service provider, plays a crucial role in the rodenticides market by offering comprehensive pest management solutions to residential, commercial, and industrial clients globally. Neogen Corporation specializes in developing advanced rodenticide formulations with enhanced efficacy and safety profiles, catering to the evolving needs of pest control professionals and consumers alike. Additionally, Bell Labs, renowned for its research and development capabilities, continuously innovates rodenticide products and technologies to address emerging challenges in rodent control across various sectors.

These major market players play a pivotal role in driving innovation, setting industry standards, and meeting the growing demand for rodenticides worldwide. Their extensive product portfolios, strong distribution networks, and strategic partnerships enable them to maintain market leadership and effectively address the diverse needs of customers across different regions and industries.

As the global demand for rodenticides continues to rise, driven by factors such as urbanization, expanding agricultural activities, and increasing awareness of health risks associated with rodent infestations, these key players are poised to shape the future growth trajectory of the market through their ongoing commitment to excellence and sustainability.

Rodenticides Market Companies

Major companies operating in the rodenticides industry include

• BASF SE
• Bayer AG
• Rentokil Initial plc
• Neogen Corporation
• Bell Labs
• Liphatech, Inc.
• Impex Europa S.L.
• EcoClear Products
• Syngenta
• PelGar
• Anticimex
• UPL Limited

Rodenticides Industry News

• In January 2022, Syngenta Crop Protection acquired the two bioinsecticides NemaTrident and UniSpore from UK-based Biomema Limited which is one of the foremost players in bioprotection technology development. This acquisition could help the company to strategize new developments under its pest management vertical.
• In July 2021, Bayer introduced a new pest control product Harmonix Rodent Paste, a high-performance cholecalciferol rodenticide which is mentioned to have a large use for a longer period of time. Plus, this new solution allows pest controllers to prevent rodents in outdoor and indoor locations.
   

The rodenticides market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Million) (Kilo Tons) from 2018 to 2032, for the following segments

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Market, By Type

• Anticoagulant
• Non-anticoagulant

Market, By Form

• Pellets
• Blocks
• Powder

Market, By Application  

• Pest control companies
• Warehouses
• Household
• Others    

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA