Rodenticides Market by Product (Anticoagulant and Non-anticoagulant), Form (Pellets, Blocks and Powder), Application (Agriculture, Pest Control Companies, Warehouses, Urban Centers and Household) and Geography - Global Industry Analysis, Opportunities and

Rodenticides Market by Product (Anticoagulant and Non-anticoagulant), Form (Pellets, Blocks and Powder), Application (Agriculture, Pest Control Companies, Warehouses, Urban Centers and Household) and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

Rodenticides Market Size

The global rodenticides market size was valued at $2.54 billion in 2024 and is projected to reach $3.31 billion by 2030, growing at a CAGR of 4.5% during the forecast period.

Rodenticides Market Overview

Rodenticides are chemicals used to kill rodents such as rats, mice, and other damaging pests. These chemicals are designed to be attractive to mice, frequently resembling food or bait, and are usually placed in regions where rats are known to assemble. Rodenticides act by interrupting the rodent's physiological processes, causing disease, internal bleeding, or organ failure, which eventually leads to death. They are widely utilized in agricultural settings, residential areas, business buildings, and public spaces to control rodent populations and reduce the problems they offer, such as property damage, food poisoning, and disease transmission.

Rodenticides Market Dynamics

• The increasing urbanization and industrialization leading to higher demand for rodent control solutions, growing awareness about the health risks associated with rodent infestations, and expansion of agriculture and food industries driving the need for effective pest management are driving the market growth.
• Additionally, the rising incidences of rodent-borne diseases, necessitating preventive measures, technological advancements leading to the development of more efficient and safer rodenticide formulations, and increasing demand for eco-friendly and non-toxic rodent control solutions are the prominent factors driving the growth of the rodenticides market.
• However, the environmental concerns regarding the use of rodenticides and their impact on non-target species, stringent regulations governing the use of rodenticides, especially in residential and commercial settings, and public awareness campaigns promoting alternative methods of pest control are restraining the market growth.
• The development of novel rodenticide formulations with reduced environmental impact, expansion of urban infrastructure creating new markets for rodenticide products, and growth of the food processing and storage industries driving demand for rodent management services are creating opportunities for market growth.

By Product, the Anticoagulant Segment Emerge as the Dominant Segment

The anticoagulant segment emerges as the largest segment in the rodenticides market during the forecast period due to these substances prevent blood from clotting, inducing painless and straightforward death in rodents that ingest them by causing internal bleeding. This effect leads to a gradual weakening over several days without inducing bait fear or linking bait eating with their declining state.

Furthermore, anticoagulants are generally less toxic to humans and other animals than rodents. Previously known as first-generation anticoagulants, chlorophacinone and diphacinone are two commonly used active components on the market. Second-generation anticoagulant rodenticides are likewise harmful at low dosages.

By Geography, Asia Pacific is Projected to Show Strong Presence in the Global Market

The Asia Pacific region is expected to demonstrate significant presence in the global market due to the rapid urbanization and industrialization in countries like China, India, and Southeast Asian nations have led to an increase in rodent infestations, particularly in urban areas where large populations of people and abundant food sources create favorable conditions for rodents to thrive. Additionally, the expansion of agriculture and food storage facilities in the region has heightened the need for effective rodent control measures to prevent crop damage and food contamination.

• According to the Indian Ministry of Consumer Affairs, approximately 57,676 metric tons of food grains were ruined due to rodent and pest attacks, godown leaking, and exposure to rain and floods while kept in Food Corporation of India (FCI) facilities.

Moreover, with growing concerns about food security and hygiene standards, there is a heightened awareness among businesses and consumers about the importance of rodent management in maintaining safe and hygienic environments. Furthermore, the availability of a wide range of rodenticide products, including both chemical and non-chemical options, caters to diverse preferences and needs within the region.

Key Target Audience:

• Agricultural companies
• Pest control companies
• Government agencies
• Distributors and retailers

List of the Key Players Profiled in the Report Includes:

• BASF SE
• Bayer AG
• Syngenta AG
• UPL
• Neogen Corporation Limited
• Anticimex
• Ecoloab
• Rentokil Initial, plc
• Senestech, Inc.
• Rollins, Inc.
• Liphatech, Inc.
• JT Eaton & Co., Inc.

Recent Developments:

• In January 2022, Syngenta Crop Protection completed the acquisition of two bioinsecticides, NemaTrident and UniSpore, from Biomema Limited, a prominent player in the development of bioprotection technology based in the UK. This strategic move positions the company to embark on new developments within its pest management division.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Product:

• Anticoagulant
• Non-anticoagulant

Market by, Form:

• Pellets
• Blocks
• Powder

Market by, Application:

• Agriculture
• Pest Control Companies
• Warehouses
• Urban Centers
• Household

Market by, Geography:

The rodenticides market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:

The report “Plant Growth Regulators Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:

• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.