Global Agricultural Rodenticides Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2022 –2029 |
 Market Size (Base Year) |
USD 5.40 Billion |
 Market Size (Forecast Year) |
USD 8.41 Billion |
 CAGR |
% |
| Major Markets Players |
Global Agricultural Rodenticides Market, By Type (Non-Anticoagulants, Anticoagulants), First-generation (Anticoagulants, Chlorophacinone, Diphacinone, Coumatetrayl and Warfarin), Second-Generation (Anticoagulants Brodifacoum, Bromadiolone, Difenacoum, Difethialone and Flocoumafone), Application (Pellets, Sprays and Powders) – Industry Trends and Forecast to 2029.
Market Analysis and Size
Rodenticides are used to control rodents of all kinds in any environment. Rodenticides are acute poisons, anticoagulants, and bio agents that, if used wrongly, can kill humans, domestic animals, and wildlife. Rodents are only a nuisance when there is a delicious food supply nearby. A multi-pronged approach that incorporates chemical, baiting, trapping, barrier fencing, habitat alteration, ultrasonic devices, repellents, and biological control, all linked with land management methods, is the most effective way to tackle rodent problems.
Data Bridge Market Research analyses that the agricultural rodenticides market was valued at USD 5.4 billion in 2021 is expected to reach the value of USD 8.41 billion by 2029, at a CAGR of 5.70% during the forecast period of 2022-2029.The market report curated by Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.
Market Definition
Rodenticides are pesticides that are used to kill mice and other rodents such as rats, chipmunks, squirrels, porcupines and others. Rodenticides provide critical services to both residential and commercial customers and the public and private sectors. Its primary function is to maintain hygiene and eliminate pests that wreak havoc on the commercial and public sectors.
Report Scope and Market Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2022 to 2029 |
|
Base Year |
2021 |
|
Historic Years |
2020 (Customizable to 2019 - 2014) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Non-Anticoagulants, Anticoagulants), First-generation (Anticoagulants, Chlorophacinone, Diphacinone, Coumatetrayl and Warfarin), Second-Generation (Anticoagulants Brodifacoum, Bromadiolone, Difenacoum, Difethialone and Flocoumafone), Application (Pellets, Sprays and Powders) |
|
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
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Market Players Covered |
PelGar International (U.K), Bayer AG (Germany), Liphatech Inc. (U.S), BASF SE (Germany), Syngenta Crop Protection AG (Switzerland), Rentokil Initial Plc (U.K), Anticimex (Sweden), The Terminix International Company Limited (U.S), Liphatech Inc (U.S), Neogen Corporation (U.S), Bell Laboratories Inc (U.S), Ecolab Inc (U.S), Rollins Inc (U.S), Abell Pest Control (Canada), Futura Germany (Germany), SenesTech, Inc. (U.S), Impex Europa S.L (Spain) |
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Opportunities |
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Agricultural Rodenticides Market Dynamics
Drivers
- Rising concerns about food waste
Due to increased demand for food grains and farmer concerns about food waste, the market is expanding. Rodenticides are primarily used in agricultural fields, greenhouses, and warehouses.
- Various applications of rodent control products
Growing consumer awareness of food safety and animal health, as well as increased demand for animal protein, an increase in the animal population, and the incredible benefits of enzymes, will all help to propel the market forward.
The market is projected to be impacted by increased demand for food grains and crop protection. As the use of various rodent control chemicals in industrial, residential, and commercial settings has grown, so has the prevalence of diseases like lassa fever, plague, and hantavirus. As a result of the rising demand in major cities around the world, manufacturers are working on new goods to efficiently regulate population.
The increased demand for enzymes in the pharmaceutical industry to synthesize intermediates in active pharmaceutical ingredient (API) production for effective medications is expected to drive the enzymes market forward. Similarly, the ability of an enzyme to convert complex molecules to simpler molecules (starch to glucose) in food and beverage companies, removal of fats and oil stains in the detergent industry, bioethanol for biofuel production, and improved bleaching properties in the paper and pulp industries are expected to drive enzyme demand in the coming years.
Opportunity
The entertainment industry, warehouses, construction companies, foodservice segment, pharmaceutical companies, and hospitality industry all play a significant role in increasing demand for pest control products and services, particularly for rodents. Economic losses caused by pests such as rodents have an impact on the tourism industry. The expansion of the hospitality and entertainment sectors in urban areas, driven by consumers' high purchasing power, has increased demand for rodent control products.
Restraints
Rodenticides are subject to registration in various countries by health, environmental, and pest control agencies. Governments assess pesticide purchase, registration, formulation, application, and disposal policies. The nature of government policies influences rodenticide demand and prices. According to Rentokil, the use of rodenticides as control and prevention methods has been restricted in many European and North American countries.
This agricultural rodenticides market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agricultural rodenticides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Agricultural Rodenticides Market
Syngenta AG, Bayer AG, BASF SE, UPL Ltd, Rentokil Initial plc, Ecolab Inc, and Rollins Inc are among the market's major product manufacturers and service providers. These companies have manufacturing and service facilities in Asia Pacific, Europe, North America, South America, and the rest of the world. COVID-19 has had an impact on their businesses to some extent. Though the pandemic has impacted their businesses, there has been no significant impact on their rodenticides' global operations and supply chain. Several player manufacturing facilities are still in process. The service providers provide rodent control services while adhering to safety and sanitation protocols.
Recent Development
- Rentokil Initial Plc acquired Florida Pest Control (US) in November 2019, a pest control service provider for commercial and residential customers. This acquisition would allow the company to broaden its product offerings in North America.
- Bayer and AlphaBio Control (UK) agreed in June 2019 to grant Bayer the exclusive right to market Flipper, an innovative biological pest control product developed by AlphaBio.
- BASF SE introduced Selontra rodent bait, a soft bait formulation based on the active ingredient cholecalciferol, for rodent control in the US market in April 2018. The product has a high efficacy in controlling rodent infestations in just seven days.
Global Agricultural Rodenticides Market Scope
The agricultural rodenticides market is segmented on the basis of type, first-generation, second-generation and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Non-anticoagulants
- Anticoagulants
On the basis of type, the agricultural rodenticides market is segmented into non-anticoagulants, Anticoagulants.
First generation
- Anticoagulants
- Chlorophacinone
- Diphacinone
- Coumatetrayl
- Warfarin
- Others
On the basis of first-generation, the agricultural rodenticides market is segmented into anticoagulants, chlorophacinone, diphacinone, coumatetrayl and warfarin.
Second generation
- Anticoagulants
- Brodifacoum
- Bromadiolone
- Difenacoum
- Difethialone
- Flocoumafone.
- Dry
On the basis of second-generation, the agricultural rodenticides market is segmented into anticoagulants brodifacoum, bromadiolone, difenacoum, difethialone and flocoumafone dry.
Applications
- Pellets
- Sprays
- Powders
Based on application, the agricultural rodenticides market is segmented into pellets, sprays and powders.
Agricultural Rodenticides Market Regional Analysis/Insights
The agricultural rodenticides market is analysed and market size insights and trends are provided by country, type, first-generation, second-generation and application as referenced above.
The countries covered in the agricultural rodenticides market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominated the global rodenticides market, with the United States accounting for the majority share. The growing population of rodents is expected to drive the growth of the rodenticides industry by increasing the number of rodent control products and services. Furthermore, the presence of major manufacturers in the region contributes to market growth. During the forecast period, Asia-Pacific is expected to grow at the fastest CAGR, with China accounting for most rodenticide sales. The rising demand for rodenticides in this region has been fuelled by an increase in rat infestations in agriculture and warehouses.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Agricultural Rodenticides Market Share Analysis
The agricultural rodenticides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agricultural rodenticides market.
Some of the major players operating in the agricultural rodenticides market are:
- PelGar International (U.K)
- Bayer AG (Germany)
- Liphatech Inc. (U.S)
- BASF SE (Germany)
- Syngenta Crop Protection AG (Switzerland)
- Rentokil Initial Plc (U.K)
- Anticimex (Sweden)
- The Terminix International Company Limited (U.S)
- Liphatech Inc (U.S)
- Neogen Corporation (U.S)
- Bell Laboratories Inc (U.S)
- Ecolab Inc (U.S)
- Rollins Inc (U.S)
- Abell Pest Control (Canada)
- Futura Germany (Germany)
- SenesTech, Inc. (U.S)
- Impex Europa S.L (Spain)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
