Rodenticides Global Market is Projected to Reach $8.9 Billion by 2030: Growing Emphasis on Integrated Pest Management to Bolster Growth


Dublin, May 02, 2023 (GLOBE NEWSWIRE) -- The "Rodenticides: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Rodenticides estimated at US$5.7 Billion in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

Anticoagulant, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$7.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Non-Anticoagulant segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 7.3% CAGR

The Rodenticides market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Select Competitors (Total 44 Featured) -

  • Abell Pest Control
  • Anticimex
  • BASF SE
  • Bayer AG
  • Bell Laboratories Inc.
  • EcoClear Products Inc.
  • Ecolab Inc
  • Futura Germany
  • Impex Europa
  • Liphatech, Inc.
  • Neogen Chemicals
  • PelGar International
  • Rentokil Initial Plc
  • Rollins Inc
  • SenesTech Inc

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages361
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$5.7 Billion
Forecasted Market Value (USD) by 2030$8.9 Billion
Compound Annual Growth Rate5.7%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Rodenticides - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • COVID-19 Presents Perfect Landscape for Rats to Colonize & Plague Deserted Spaces
  • Altered Rodent Behavior amid COVID-19 Lockdown Prompts Pest Control Companies to Align Strategies
  • Percentage of Pest Management Offering Rodent Control Services in the US: 2016-2020
  • Shutdowns as Opportunity to Control Rodent Activity
  • Record Surge in Rodents' Complaints amid Relaxations in COVID-19 Restrictions
  • EXHIBT: Rodent Complains Per Thousand Population in Select US Cities from January through August : 2016-2020
  • Rodenticides: An Introduction
  • Major Factors Driving the Need to Control Rodents
  • Ranking of Industries Most Affected by Rats
  • Types of Rodenticides
  • Anticoagulants
  • Non-anticoagulant Rodenticides
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Sustained Prevalence of Rodent-Borne Diseases Augments Demand for Rodenticides
  • A Snapshot of Select Rodent-Borne Diseases
  • Climatic Changes Encourage Rodent Proliferation, Widening the Scope of Rodenticides
  • Change in Average Temperature Worldwide in Degree Celsius: 1910s-2010s
  • Rodent Adaptation to COVID-19 Environment Requires New Protocols to Navigate the Situation
  • Manufacturers Focus on New Formulations to Address Limitations
  • Natural and Eco-friendly Rodenticides Seek Role
  • Rodent Disruption in Farmlands Spurs Demand
  • Shrinking Arable Land Drives Demand
  • Growing Emphasis on Integrated Pest Management to Bolster Growth
  • Increasing Rodent Population and the Rise in Associated Threats Drive Demand for Rodenticides
  • Ranking of Most Problematic Rodents by Type
  • Exponential Increase in Urbanization and Rise in Rodent Menace Spur Demand
  • World Urban Population in Thousands: 1950-2050
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Food Service Restaurants: An Important Market
  • Global Fast Food & Quick Service Restaurant Market Size (in US$ Billion) for 2019, 2022 & 2025
  • Rise in Construction Activity and Need For Rodent Control Programs to Augment Demand for Rodenticides
  • Global Construction Spending (In US$ Trillion) for the Years 2019, 2020, & 2021
  • Rise in use of Digital Traps to Alter Demand for Rodenticides
  • MARKET CHALLENGES AND ISSUES
  • Increasing Immunity to Rodenticides Sparks Fear about Spike in Population
  • Potential Ban on Select Rodenticides Following Concerns over Wildlife Poisoning
  • Toxicity Profile of Select First-Generation Anticoagulants
  • Toxicity Profile of Select Second-Generation Anticoagulants
  • Toxicity Profile of Select Non-Anticoagulant Rodenticides

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/v2d79z

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Global Market for Rodenticides

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