According to a research report published by Spherical Insights & Consulting, The Global Rodenticides Market Size Expected to Grow from USD 5.6 Billion in 2023 to USD 9.75 Billion by 2033, at a CAGR of 5.7% during the forecast period 2023-2033.

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Pesticides that kill rodents are known as rodenticides. Rodents include not only rats and mice, but also squirrels, woodchucks, chipmunks, porcupines, nutria, and beavers. Despite their vital roles in nature, rodents occasionally need to be controlled. Global warming and temperature increases are caused by ecological degradation brought on by the expanding population, overexploitation, and depletion of finite resources. The movement of tropical pests out from the equatorial region due to global warming is proof that these variables are enhancing pests’ ability to live over numerous seasons. Furthermore,

cities and human settlements grow as a result of rapid urbanization and infrastructural development, which provides rats with suitable conditions. Rodents have more access to food, shelter, and hiding places in urban environments, which raises the danger of infestation. However, genetic resistance in rat populations can result from the prolonged and widespread usage of particular rodenticide active components. Because of this resistance, rodenticides are less effective, necessitating the creation of new formulations or alternate control strategies.

Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the Global Rodenticides Market Size, Share, and COVID-19 Impact Analysis, By Type (Anticoagulants, Non-Coagulants), By Mode of Application (Pellets, Spray, and Powder), By End Use (Agriculture, Warehouses, and Urban Centers), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The anticoagulants segment is estimated to hold the largest share of the global rodenticides market during the forecast period.

Based on the type, the global rodenticides market is divided into anticoagulants and non-coagulants. Among these, the anticoagulants segment is estimated to hold the largest share of the global rodenticides market during the forecast period. The growth can be attributed because of their long-term effectiveness and relatively low cost. In some regions, first-generation anticoagulants are still used due to their affordability and lower risk of non-target animal exposure. This is because second-generation anticoagulants are more potent and efficient against resistant rodent populations, and there is an increasing trend toward their use.

The pellets segment is expected to hold the largest share of the global rodenticides market during the forecast period.

Based on the mode of application, the global rodenticides market is segmented into pellets, spray, and powder. Among these, the pellets segment is expected to hold the largest share of the global rodenticides market during the forecast period. The rise is explained by the fact that pellet formulations are popular because of their controlled release of the active ingredient, convenience of use, and variety of application techniques. Pellet formulations are compact cylindrical shapes or solid granules that are easier to distribute and apply. To attract rats, pellets are usually laced with the active component and attractants.

The agriculture segment is anticipated to hold the largest share of the global rodenticides market during the forecast period.

Based on the end use, the global rodenticides market is categorized into agriculture, warehouses, and urban centers. Among these, the agriculture segment is anticipated to hold the largest share of the global rodenticides market during the forecast period. This is because rodent damage to crops and stored grains has a substantial economic impact, and the agriculture sector has a strong demand for rodenticides. Effective rodenticides are used by farmers all over the world to safeguard their agricultural investments and guarantee food security. One major consumer of rodenticides is the agricultural industry.

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North America is expected to hold the largest share of the global rodenticides market over the predicted timeframe.

North America is expected to hold the largest share of the global rodenticides market over the predicted timeframe. Large-scale farming enterprises and other established agricultural sectors in the area utilize rodenticides to prevent rodent damage to crops. The demand for rodenticides in this area is further fueled by the existence of large warehouses, storage facilities, and metropolitan areas. Strict laws of pest control and food safety also support industry expansion.

Asia Pacific is anticipated to grow at the fastest pace in the global rodenticides market during the forecast period. China and India, two highly populous nations with substantial agricultural activity, are located in the region. The need for rodenticides to safeguard crops and guarantee food supply is fueled by these nations’ sizable agricultural sectors. Due to the need for efficient rodent control in warehouses, storage facilities, and urban areas, rapid industrialization and urbanization also fuel market expansion.

Major vendors in the Global Rodenticides Market are Bayer AG, UPL Limited, Anticimex, Rentokil Initial PLC, Liphatech, Inc., Bell Laboratories Inc., Abell Pest Control, BASF SE, Syngenta AG, Neogen Corporation, Ecolab Inc., Senestech, Inc., Rollins, Inc., JT Eaton & Co., Inc., Pelgar, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In March 2022, specifically for UK farmers, BASF launched its 2022 survey to collect comprehensive data on rodent activity nationwide. Farmers gain knowledge from this study on how to effectively and efficiently use rodenticides to manage rodents like mice and rats.
• In January 2022, two bioinsecticides, NemaTrident and UniSpore, were acquired by Syngenta Crop Protection from UK-based Biomema Limited, a major participant in the advancement of bio-protection technologies. The corporation may be able to plan new developments in its pest management vertical with the help of this acquisition.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Rodenticides Market based on the below-mentioned segments:

Global Rodenticides Market, By Type

• Anticoagulants
• Non-Coagulants

Global Rodenticides Market, By Mode of Application

• Pellets
• Spray
• Powder

Global Rodenticides Market, By End Use

• Agriculture
• Warehouses
• Urban Centers

Global Rodenticides Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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