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Thursday, December 16, 2021

Global Rodenticides Market to be Driven by the Rising Rodent Population in the Forecast Period of 2022-2027

 The new report by Expert Market Research titled, ‘Global Rodenticides Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global rodenticides market, assessing the market based on its segments like type, end-use, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): 5%

The increased incidences of pest-related illnesses, the increasing population of rodenticides, the increased demand for pest control, and access to natural rodenticides are expected to be the major factors driving the rodenticides market development. The rising prevalence of transmissible diseases such as Hantavirus and Lassa fever, which have ramifications for the environment, wildlife, and humans, has resulted in a substantial increase in rodent populations. Furthermore, in most major cities around the world, the use of various rodent control products in commercial and residential applications has resulted in a strong demand for rodent control products.

Industry Definition and Major Segments

Rodenticides are chemicals that are made and sold to kill rodents. Rodenticides are used to kill rats, squirrels, woodchucks, chipmunks, porcupines, nutria, beavers, and voles, and are often referred to as "rat poison."

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Based on type, the market can be divided into:

  • Non-Anticoagulant Rodenticides
  • Anticoagulant Rodenticides

Non-anticoagulant rodenticides can be further divided into bromethalin, cholecalciferol, strychnine, and zinc phosphide. Anticoagulant rodenticides can be further divided into first-generation and second-generation anticoagulants.

The market can be categorised based on end-use into:

  • Agricultural Fields
  • Warehouses
  • Urban Centres

Urban centres are further divided into the residential and commercial sectors.

The industry is segmented by application into:

  • Pellets
  • Sprays
  • Powders

Regionally, the industry can be classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Rise in business acquisitions, along with other developments is driving the growth of the industry. Florida Pest Control, a pest control service provider for industrial and residential customers, was purchased by Rentokil Initial Plc in November 2019. This purchase would enable the company to broaden its product offerings in the North American market.

Key Market Players

The major players in the market are Bayer AG, The Syngenta Group, Liphatech Inc., J.T. Eaton & Co., Inc., Neogen Corporation, and PelGar International, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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