Newly released Rodent Control Pesticides Market analysis report by Future Market Insights shows that global sales of Rodent Control Pesticides Market in 2021 was held at USD 5.6 Billion. With 6.8%, the projected market growth during 2022 to 2032 is expected to be significantly higher than the historical growth.
Agriculture is expected to be the highest revenue-generating end-use, projected to grow at a CAGR of over 7.1% during 2022 to 2032.
Attributes | Details |
---|---|
Rodent Control Pesticides Market CAGR (2022 to 2032) | 6.8% |
Rodent Control Pesticides Market Size (2022) | USD 6 Billion |
Rodent Control Pesticides Market Size (2032) | USD 11.6 Billion |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
As per the Rodent Control Pesticides Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Rodent Control Pesticides Market increased at around 6.3% CAGR.
The population of rodents is constantly increasing. This has caused an upsurge in diseases such as plague, Lassa fever, and hantavirus infection, all of which are harmful to the environment, people, and animals. As a consequence, Rodent Control Pesticides are widely employed in different rodent control solutions used in industrial, residential, and commercial settings.
Rodent-resistant products are in high demand in key cities across the globe as Rodent Control Pesticides are routinely used by pest control organizations. The rising demand for grains as a consequence of the world's expanding population, as well as the development of food storage capacity as a result of growing concern about food security, are major factors driving the growth of the global rodenticide market.
The market for Rodent Control Pesticides is carefully controlled. The toxicity level of Rodent Control Pesticides varies from place to place. However, the harmful effects of Rodent Control Pesticides on children and domestic animals are limiting their widespread usage in the home.
Climate change is driving an increase in worldwide rat populations, which has been a key public health issue. Environmental variables are making the hantavirus infection more vulnerable.
Rodent populations react more rapidly to favorable weather conditions, such as abundant rainfall, which may directly or indirectly transmit rodent-borne illnesses such as spirosis, zoonotic bacterial disease with unknown but presumably high human and veterinary prevalence.
The entertainment business, warehouses, construction firms, foodservice segment, pharmaceutical companies, and hotel industry are all important in expanding demand for pest management products and services, particularly for rats.
Economic losses from pests such as rats have an influence on the tourism industry. The growth of the hotel and entertainment businesses in urban areas has raised the demand for rodent control solutions, owing to the customers’ high purchasing power.
Resistance has developed in some rodent species, including the roof rat Rattus rattus, Norway rat Rattus norvegicus, and the house mouse Mus musculus, as a consequence of the increasing use of Rodent Control Pesticides.
Resistance is typically associated with particular conditions such as industrial infrastructure, the availability of vitamin K3-rich animal feed, and the ongoing use of Rodent Control Pesticides with poor standards.
Furthermore, continuous feeding from rodenticide baits may be the consequence of under-baiting (lower dosage) or immigration, as well as the cause of resistance.
Rodent Control Pesticides must be registered by health, environmental, and pest management organizations in many countries. Governments evaluate pesticide procurement, registration, formulation, application, and disposal regulations. The nature of government policies has an impact on rodenticide demand and cost.
According to Rentokil, the use of Rodent Control Pesticides as control and preventative techniques is forbidden in various European and North American countries.
Several stringent laws, as well as requests for a rodenticide ban, have had an impact on the whole sector in recent years. According to empirical studies, anticoagulants are the leading cause of death in birds of prey and other scavenging species when they consume poisoned carcasses.
Furthermore, rodenticide exposure puts individuals at risk of intoxication. In 2013, the US Environmental Protection Agency (EPA) has restricted the second-generation long-acting anticoagulant Rodent Control Pesticides sale which include Brodifacoum and Bromadiolone.
The AB 1788 Bill was intended to restrict the use of second-generation anticoagulant Rodent Control Pesticides in California owing to non-target wildlife poisoning, however, it was withdrawn in August 2019 by the Senate Appropriations Committee.
Furthermore, the European Union's Biocidal Products Regulation impacts the majority of Rodent Control Pesticides available in Europe, giving birth to the Rodent Control Pesticides Stewardship Regime. It has to be followed by rodenticide businesses and pest controllers.
According to the Office for National Statistics, UK and HM Revenue and Customs, the value of molluscicides and Rodent Control Pesticides exported from EU and non-EU markets in the UK declined dramatically TO USD 4.7 Million in 2018 from USD 43.6 Million in 2013.
As a result, these factors are projected to have an impact on the demand-supply ratio and pricing of agricultural Rodent Control Pesticides, stifling market growth throughout the projection period.
Europe stands as the largest rodenticide market, accounting for 31.1% of the market in 2020. The region's expanding rodent population is expected to drive the demand over the forecast period. With over 6,000 pest control enterprises operating, the sector is severely fragmented.
The key factors of the mouse population rise include clogged sewers and garbage. Government regulations governing pest management practices, on the other hand, are projected to impede industrial development due to the risk of the secondary kill.
High rodent population densities lead to an increase in rodent-borne disease transmission to humans (for example, Hantavirus). The number of rodents capable of spreading Hantavirus is high in areas such as Texas, Oklahoma, Louisiana, and Arkansas, according to the CDC.
As a consequence of these factors, there are mass activities in North American nations to reduce the growing rat population, which is leading to a rise in the use of Rodent Control Pesticides.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The United States is expected to account for the largest market of USD 4 Billion by the end of 2032. South American nations such as Brazil and Colombia are experiencing massive agricultural losses as a result of rat infestation.
Rodents are to blame for agricultural devastation, a reduction in food availability, and disease spread. Such factors are expected to drive the industry's development in the forthcoming years. Latin America will have a 10.1% market share in 2032.
The rodenticide consumption in agriculture end-use is forecasted to grow at the highest CAGR of over 7.2% during 2022 to 2032. Revenue through agriculture accounted for 1/4th share of Rodent Control Pesticides market in 2021.
Increased rat damage to field crops, stored grain, and agricultural equipment is likely to drive rodenticide demand in the agriculture industry over the forecast period. Rodents are one of the most serious threats to worldwide food safety. In recent years, a number of countries have experienced food and agricultural losses.
Apart from agriculture, hotels, residences, retail enterprises, apartments, office complexes, the food processing industry, industrial facilities, agriculture, warehouses, and the electronic industry are all served by pest control companies.
Rats and mice not only damage food but also spread illness. In commercial and residential structures, increased incidences of electric wire and wall damage are expected to fuel demand for pest management services.
Anticoagulant Rodent Control Pesticides commanded the largest revenue through this category is projected to surge at a CAGR of nearly 7%, during the forecast period. Anticoagulants cause internal bleeding, which might end in death of rodents due to blood loss. In 2020, the industry accounted for over 3/4th of the global market.
Anticoagulants of the first and second generations prevent rodents from producing blood clotting factors, eventually killing them. First-generation anticoagulants need more than one dose to be effective. If another animal consumes an anticoagulant rodent, there is a danger of secondary killing.
Anticoagulants of the first generation have been licensed for agricultural use in the control of pocket gophers, voles, and below-ground moles.
Acute Rodent Control Pesticides have been very effective in rodent control. In China, zinc phosphide is mostly used to treat field rats. In China, anticoagulants are deemed lawful. Farmers, on the other hand, are adjusting their tastes as a result of the sluggish effect. As a result, non-anticoagulants are expected to grow at the fastest rate over the projection period.
The worldwide Rodent Control Pesticides market is fragmented, with a few multinational players and several new firms contending for a fair portion of the market. BASF SE, Bayer AG, Syngenta, Liphatech Inc., PelGar International, JT Eaton, Neogen Corporation, and Rentokil Initial plc are among the most active participants.
These firms are looking for new markets to expand into, either by releasing a new product line after studying, developing, and field-testing it or by purchasing a manufacturing unit.
Some of the recent developments of key Rodent Control Pesticides providers are as follows:
Similarly, recent developments related to companies’ Rodent Control Pesticides services have been tracked by the team at Future Market Insights, which are available in the full report.
Attributes | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Billion for Value |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, China, Japan, South Korea, India, Australia, South Africa, Saudi Arabia, UAE and Israel. |
Key Market Segments Covered | Type, End-Use, Region |
Key Companies Profiled | BASF SE; Bayer AG; Syngenta AG; UPL Limited; Liphatech, Inc.; Neogen Corporation; Anticimex; Ecolab, Inc.; Rentokil Initial PLC; Senetech, Inc.; Rollins, Inc.; JT Eaton & Co. Inc.; PelGar; Bell Laboratories Inc.; Abell Pest Control |
Pricing | Available upon Request |
The global Rodent Control Pesticides Market is worth more than USD 6 Billion at present.
The value of the Rodent Control Pesticides Market is projected to increase at a CAGR of around 6.8% during 2022 to 2032.
Value of Rodent Control Pesticides Market increased at a CAGR of around 6.3% during 2017 to 2021.
The market for Rodent Control Pesticides Market in China is projected to expand at a CAGR of around 7.3% during 2022 to 2032.
While the market in South Korea is expected to grow at nearly 6.5%, the market in Japan is projected to register a CAGR of nearly 7.1% during 2022 to 2032.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type 5.1. Anticoagulant 5.2. Non-Anticoagulant 6. Global Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use 6.1. Pest Control 6.2. Agriculture 6.3. Warehouse 6.4. Household 6.5. Urban Centers 7. Global Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East and Africa 8. North America Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Asia Pacific Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Middle East and Africa Rodent Control Pesticides Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Key Countries Rodent Control Pesticides Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. BASF SE 15.2. BAYER AG 15.3. SYNGENTA AG 15.4. UPL LIMITED 15.5. LIPHATECH, INC. 15.6. JT EATON & CO., INC. 15.7. NEOGEN CORPORATION 15.8. PELGAR INTERNATIONAL 15.9. RENTOKIL INITIAL PLC 15.10. SENESTECH, INC. 15.11. ANTICIMEX 15.12. BELL LABORATORIES INC. 15.13. ABELL PEST CONTROL 15.14. IMPEX EUROPA S.L. 16. Assumptions & Acronyms Used 17. Research Methodology
Explore Chemicals & Materials Insights
View Reports