Reports > Chemicals And Materials > Rodenticides Market Report
Rodenticides Market Size, Share, Industry Trends and Forecast to 2033
This comprehensive report on the rodenticides market provides key insights and forecasts from 2023 to 2033, analyzing market size, growth trends, competitive landscape, and regional dynamics, aimed at stakeholders in the pest control industry.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $1.80 Billion |
| CAGR (2023-2033) | 6.2% |
| 2033 Market Size | $3.34 Billion |
| Top Companies | BASF SE, Syngenta AG, Rentokil Initial PLC, FMC Corporation |
| Last Modified Date | 15 Nov 2024 |
Rodenticides Market Report (2023 - 2033)
Rodenticides Market Overview
What is the Market Size & CAGR of Rodenticides market in 2023?
Rodenticides Industry Analysis
Rodenticides Market Segmentation and Scope
Request a custom research report for industry.
Rodenticides Market Analysis Report by Region
Europe Rodenticides Market Report:
The European market is anticipated to grow from $0.54 billion in 2023 to $1.00 billion by 2033. The emphasis on sustainable pest control solutions and rigorous enforcement of environmental regulations support the demand for innovative rodent control products in this region.Asia Pacific Rodenticides Market Report:
The Asia Pacific region is witnessing growth due to rapid urbanization and agricultural expansion. The rodenticides market in this region is projected to grow from $0.34 billion in 2023 to $0.63 billion in 2033. Increasing awareness about pest-related health risks and rising demand for effective pest control measures contribute to this growth.North America Rodenticides Market Report:
North America is one of the dominant markets for rodenticides, with a projected increase from $0.62 billion in 2023 to $1.14 billion in 2033. The demand is fueled by stringent regulations aimed at rodent control and urban wildlife management, along with an increasing focus on public health.South America Rodenticides Market Report:
In South America, the market is expected to rise from $0.08 billion in 2023 to $0.15 billion by 2033. Agricultural pests are significant challenges in this region, leading to increased adoption of rodenticides among farmers for crop protection.Middle East & Africa Rodenticides Market Report:
The rodenticides market in the Middle East and Africa is projected to expand from $0.22 billion in 2023 to $0.42 billion by 2033. Rapid development in urban areas and agriculture in this region drives the need for effective rodent control measures.Request a custom research report for industry.
Rodenticides Market Analysis By Type
Global Rodenticides Market, By Type Market Analysis (2023 - 2033)
In 2023, the anticoagulants segment dominates the market with a size of $1.52 billion, representing a share of 84.33%. By 2033, it is expected to grow to $2.81 billion with the same market share. The non-anticoagulants segment, while smaller, is projected to grow from $0.28 billion to $0.52 billion, maintaining a market share of 15.67%.
Rodenticides Market Analysis By Application
Global Rodenticides Market, By Application Market Analysis (2023 - 2033)
The agricultural industry continues to lead the market with a size of $1.10 billion in 2023, projected to reach $2.04 billion by 2033, holding a consistent share of 61.23%. Households account for a market size of $0.38 billion, growing to $0.70 billion, representing 20.95% market share. Pest control companies are also significant, expanding from $0.32 billion to $0.59 billion share, at 17.82%.
Rodenticides Market Analysis By Formulation
Global Rodenticides Market, By Formulation Market Analysis (2023 - 2033)
Pellets dominate the formulation segment with a market size of $1.10 billion in 2023, and are expected to grow to $2.04 billion by 2033, retaining a share of 61.23%. Liquids generate $0.38 billion, projected to grow to $0.70 billion, while blocks are set to increase from $0.32 billion to $0.59 billion.
Rodenticides Market Analysis By End User
Global Rodenticides Market, By End-User Market Analysis (2023 - 2033)
The agricultural sector remains the largest end-user, with a market size of $1.10 billion in 2023, expected to reach $2.04 billion. Residential users follow, growing from $0.38 billion to $0.70 billion, with the commercial sector from $0.32 billion to $0.59 billion.
Rodenticides Market Analysis By Distribution Channel
Global Rodenticides Market, By Distribution Channel Market Analysis (2023 - 2033)
Online distribution channels are leading, showing a remarkable size of $1.52 billion in 2023, projected to grow to $2.81 billion. Offline channels trail with a size of $0.28 billion, expected to grow to $0.52 billion, reflecting a shift in consumer purchasing behaviors.
Rodenticides Market Trends and Future Forecast
Request a custom research report for industry.
Global Market Leaders and Top Companies in Rodenticides Industry
BASF SE:
A major player in the agricultural and chemical sectors, BASF offers a wide range of rodenticides along with innovative pest control solutions focusing on sustainability.Syngenta AG:
Syngenta leads in providing sustainable agronomic solutions, with a strong portfolio of rodenticides aimed at managing agricultural and urban rodent populations.Rentokil Initial PLC:
A global pest control service provider that emphasizes integrated pest management, offering rodenticides tailored for commercial and residential users.FMC Corporation:
FMC is known for its innovation in pest control solutions, producing various effective rodenticides designed for both agriculture and urban settings.We're grateful to work with incredible clients.
