Rodenticides Market Size, Share, Opportunities, And Trends By Type (Anticoagulant, Non-Anticoagulant), By Product (Pellets, Blocks, Powder And Spray), By End-User (Pest Control Companies, Warehouses, Household, Agriculture), And By Geography - Forecasts From 2024 To 2029

The rodenticides market is evaluated at US$1,112.301 million for the year 2022 growing at a CAGR of 4.49% reaching the market size of US$1,512.37 million by the year 2029.

The term "rodenticide" refers to pesticides used to control rodents such as mice, rats, squirrels, chipmunks, woodchucks, and others that cause crop damage, food contamination, disease transmission, and economic damage. Thousands of dollars worth of food is wasted every year due to rodent infestations as well as violations of housing codes across the globe. Aside from that, they leave dirt in food and spread bacteria. India reports food grain losses ranging from 2.4 million tonnes per year to 26 million tonnes per year caused by rodents. In India, there are an estimated 2400 million rats, and six rats consume one man's food each day. The report by Panse indicates that rodents in storage can cause losses of approximately 2.5%. (Source:igmri.dfpd.gov, in) . A rapidly growing rodent population is a prime reason behind the increase in transmittable diseases like plague, hantavirus, and Lassa fever, which, in turn, affect the ecosystem, wildlife, and humans. Commercial, residential, and industrial facilities have started using rodent control products to get rid of these pests.

Various pest control agencies use rodenticides widely to reduce rodent populations in the cities. A growing population worldwide has resulted in an increased demand for grains, and the need for more food storage capacity has resulted in a growing concern over food security, driving rodenticide markets worldwide. A United Nations report says that number will rise to 8.6 billion by 2030, 9.8 billion by 2050, and 11.2 billion by 2100. Demand, however, is likely to be restricted by concerns about the use of chemicals and their harmful effects on humans and other living creatures. Because of this, product applications are highly regulated under stringent laws.

MARKET DRIVERS:

• Economic losses and growing concern over diseases are anticipated to upsurge the market.

Rodents are increasing in numbers continuously.  In the United States, 30 percent of all food, worth $483 billion, is thrown away each year.  A remarkable number of rats are adapted to eating human food and reproduce rapidly. Norway rats (Rattus norvegicus) can have up to 12 pups in a litter if sufficient food is available. (Source: UNEP and thecounter.org). Consequently, food waste also contributes to the population increase of rodents. It is expected that rodent populations will increase in temperate areas due to climate change. This could pose a higher risk of human disease transmission in urban areas, particularly as a result of human contact with rodents. The damage rats cause to crops is estimated to be 3–5% in developing countries and more than 1% in developed countries. (knowledgebank.irri.org). This leads to diseases such as the plague, Lassa fever, and  Hantavirus infections that can affect humans, animals, and the environment. As a result, rodenticides are heavily used in rodent control products in industrial, commercial, and residential settings. Rodenticides are being launched by companies to combat this problem.

• Increasing urbanization and infrastructure development impacts the market growth.

The rodenticide market is significantly impacted by urbanization and infrastructure development since these factors generate challenges for rodent control and new habitats. As cities expand and infrastructure projects multiply, buildings, roads, and other structures are built to provide ideal conditions for rats to thrive. Mice in urban areas pose a health danger to the population because they can harm food supplies and spread disease. As a result, there is a noticeable surge in the market demand for rodenticides as towns, companies, and homeowners look for efficient ways to reduce the hazards related to rodent infestations.

MARKET RESTRAINTS:

• The government ban and stringent regulations on rodenticides are expected to hamper the market.

The market has suffered from several stringent regulations and a subsequent recommendation to ban rodenticides. The consumption of poisoned carcasses by birds of prey and other scavenger species is a leading cause of the deaths of these species. Additionally, rodenticide exposure exposes humans to intoxication risks. In addition, the Biocidal Products Regulation (BPR) enforces rules that apply to most rodenticides across Europe, which spawned the Rodenticide Stewardship Regime that is to be observed by rodenticide companies and pest control companies. This is expected to impact the demand-supply ratio and pricing of rodenticides used, thereby restricting the market’s growth. 

North America is anticipated to be the major regional market.

Several factors that represent the varied landscapes and urbanization patterns of the area influence the rodenticide market in North America. To effectively manage pests, increasing cities must utilize rodenticides due to the favorable conditions created by the continual process of urbanization, which leads to rodent infestations. The need for rodenticides is further supported by strict laws and guidelines about food safety and public health in several industries, including urban pest control, agriculture, and food storage. In the field of agriculture, rodenticides are essential for protecting harvests and grains that have been kept, therefore mitigating worries over financial losses.

Key Developments:

• In March 2023, according to BASF, field mice, commonly referred to as wood mice, can be treated with the acclaimed cholecalciferol rodenticide Selontra®. With this new label relaunch, the well-liked product from the top producer of pest control solutions is the only rodenticide available that is appropriate for taking care of these Apodemus sylvaticus, or wood or field mice.

Rodenticides Market Scope:

 

Report Metric	Details
Market Size Value in 2022	US$1,112.301 million
Market Size Value in 2029	US$1,512.37 million
Growth Rate	CAGR of 4.49% from 2022 to 2029
Base Year	2022
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Million
Segments Covered	Type Product End-User Geography
Companies Covered	BASF SE Bayer AG Neogen Corporation Liphatech, Inc. Impex Europe sl And more
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Type
  • Anticoagulant
  • Non-Anticoagulant
• By Product
  • Pellets
  • Blocks
  • Powder and Spray
• By End-User
  • Pest Control Companies
  • Warehouses
  • Household
  • Agriculture
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others 
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others 
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others 
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. RODENTICIDES MARKET, BY TYPE

5.1. Introduction

5.2. Anticoagulant

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Non-Anticoagulant

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

6. RODENTICIDES MARKET, BY PRODUCT

6.1. Introduction

6.2. Pellets

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Blocks

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Powder and Spray

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

7. RODENTICIDES MARKET, BY END-USER

7.1. Introduction

7.2. Pest Control Companies

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Warehouses

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

7.4. Household

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

7.4.3. Geographic Lucrativeness

7.5. Agriculture

7.5.1. Market Trends and Opportunities

7.5.2. Growth Prospects

7.5.3. Geographic Lucrativeness

8. RODENTICIDES MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Product

8.2.3. By End-User

8.2.4. By Country

8.2.4.1. USA

8.2.4.1.1.Market Trends and Opportunities

8.2.4.1.2.Growth Prospects

8.2.4.2. Canada

8.2.4.2.1.Market Trends and Opportunities

8.2.4.2.2.Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1.Market Trends and Opportunities

8.2.4.3.2.Growth Prospects

8.3. South America

8.3.1. By Type

8.3.2. By Product

8.3.3. By End-User

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.1.1.Market Trends and Opportunities

8.3.4.1.2.Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1.Market Trends and Opportunities

8.3.4.2.2.Growth Prospects

8.3.4.3. Others

8.3.4.3.1.Market Trends and Opportunities

8.3.4.3.2.Growth Prospects

8.4. Europe

8.4.1. By Type

8.4.2. By Product

8.4.3. By End-User

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.1.1.Market Trends and Opportunities

8.4.4.1.2.Growth Prospects

8.4.4.2. Germany

8.4.4.2.1.Market Trends and Opportunities

8.4.4.2.2.Growth Prospects

8.4.4.3. France

8.4.4.3.1.Market Trends and Opportunities

8.4.4.3.2.Growth Prospects

8.4.4.4. Spain

8.4.4.4.1.Market Trends and Opportunities

8.4.4.4.2.Growth Prospects

8.4.4.5. Others

8.4.4.5.1.Market Trends and Opportunities

8.4.4.5.2.Growth Prospects

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By Product

8.5.3. By End-User

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1.Market Trends and Opportunities

8.5.4.1.2.Growth Prospects

8.5.4.2. UAE

8.5.4.2.1.Market Trends and Opportunities

8.5.4.2.2.Growth Prospects

8.5.4.3. Israel

8.5.4.3.1.Market Trends and Opportunities

8.5.4.3.2.Growth Prospects

8.5.4.4. Others

8.5.4.4.1.Market Trends and Opportunities

8.5.4.4.2.Growth Prospects

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Product

8.6.3. By End-User

8.6.4. By Country

8.6.4.1. China

8.6.4.1.1.Market Trends and Opportunities

8.6.4.1.2.Growth Prospects

8.6.4.2. Japan

8.6.4.2.1.Market Trends and Opportunities

8.6.4.2.2.Growth Prospects

8.6.4.3. India

8.6.4.3.1.Market Trends and Opportunities

8.6.4.3.2.Growth Prospects

8.6.4.4. South Korea

8.6.4.4.1.Market Trends and Opportunities

8.6.4.4.2.Growth Prospects

8.6.4.5. Taiwan

8.6.4.5.1.Market Trends and Opportunities

8.6.4.5.2.Growth Prospects

8.6.4.6. Thailand

8.6.4.6.1.Market Trends and Opportunities

8.6.4.6.2.Growth Prospects

8.6.4.7. Indonesia

8.6.4.7.1.Market Trends and Opportunities

8.6.4.7.2.Growth Prospects

8.6.4.8. Others

8.6.4.8.1.Market Trends and Opportunities

8.6.4.8.2.Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. BASF SE

10.2. Bayer AG

10.3. Neogen Corporation

10.4. Liphatech, Inc.

10.5. Impex Europe sl

10.6. Bell Labs

10.7. Ecoclear Products

10.8. Syngenta

10.9. SenesTech, Inc

BASF SE

Bayer AG

Neogen Corporation

Liphatech, Inc.

Impex Europe sl

Bell Labs

Ecoclear Products

Syngenta

SenesTech, Inc