Rodenticides Market Size Worth $9.02 Billion By 2032 | CAGR: 5.8%

The global rodenticides market size is expected to reach USD 9.02 billion by 2032, according to a new study by Polaris Market Research. The report “Rodenticides Market Share, Size, Trends, Industry Analysis Report, By Type (Anticoagulants and Non-Anticoagulants); By Form; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rodenticides market has experienced notable expansion due to rising worries about disease outbreaks spread by vectors. Additionally, the influence of climate change on rodent populations is expected to drive the rodenticide sector in the future further. The growing demand from developing countries in Asia Pacific and South America presents attractive prospects for major players in the rodenticides market.

The manufacturing sector faced significant challenges in 2020-2021 due to COVID-19, including workplace closures, disrupted supply chains, and transportation restrictions. Despite these difficulties, the global operations and supply chain of rodenticide manufacturers remained largely unaffected, with many manufacturing facilities remaining operational. Service providers continued to offer rodent control services, implementing sanitation and safety measures to ensure the well-being of their employees and customers.

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The increasing demand for maintenance services to manage rodent pests and reduce potential damages, driven by a growing interest in recreational activities, is expected to boost the rodenticide market. Various industries, such as hospitality, pharmaceuticals, food service, entertainment, warehouses, and construction, are crucial in driving the demand for pest control products and services, especially for rodent management. Economic losses from pest-related damages, particularly rodents, can affect the tourism industry. The growth of urban hospitality and entertainment sectors, driven by consumer spending power, highlights the need for effective rodent control to maintain aesthetic appeal and assure customer satisfaction.

Urban pests, as emphasized by the World Health Organization (WHO), pose significant public health risks. Increasing hospital admissions due to insect bites and wasp stings in the last decade underscore the importance of pest control in protecting public health. Economic losses from pest-borne diseases can also impact the tourism sector. Therefore, it is crucial to evaluate the impact of pest control solutions in commercial establishments on user health, especially in reducing microbial contamination.

Rodenticides Market Report Highlights

• The anticoagulant segment dominated the market in 2023, driven by its ability to cause internal bleeding and lead to death from blood loss in rodents.
• The urban center segment led the market in 2023 and is expected to maintain its dominance due to the high human population and availability of enough food for rodents.
• North America holds a significant revenue share in the global rodenticides market, driven by major service providers present in the region that account for 60% of global pest control services.
• The global key market players include BASF SE, Bayer, Syngenta AG, UPL, Neogen Corporation Limited, Anticimex, Ecolab, Rentokil initial plc, Senestech, Inc., Rollins, Liphatech, and Bell laboratories.

Polaris Market Research has segmented the Rodenticides market report based on type, form, application, and region:

Rodenticides, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Anticoagulant
• Non-Anticoagulant
• Others

Rodenticides, Form Outlook (Revenue - USD Billion, 2019 - 2032)

• Spray
• Blocks
• Powder

Rodenticides, Application Outlook (Revenue - USD Billion, 2019 - 2032)

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

Rodenticides, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of Asia Pacific

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Rodenticides Market Report Scope