Rodenticides Market Growth Drivers, Key Trends, Size, Share Analysis, and Forecast To 2029

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Rodenticides Market by Type (Anticoagulants, Non-Coagulants), Mode of Application (Pellets, Spray, and Powder), End Use (Agriculture, Warehouses, Urban Centers), Rodent Types (Rats, Mice, Chipmunks, Hamsters) & Region - Global Forecast to 2029

The rodenticides market size is undergoing rapid growth due to a variety of factors. The expansion of urban areas and industries typically leads to a rise in rodent populations, driven by factors like heightened waste production and habitat disruption. Consequently, this increases the demand for rodenticides to manage these pest infestations. Similarly, fluctuations in weather conditions, including temperature, precipitation, and seasonal changes, can impact rodent populations by influencing their breeding patterns and habitat selection. Instances of extreme weather events may further increase rodent activity, consequently affecting the demand for rodenticides.

Rodenticides Market

Rodenticides Market Driver: Displacement of rodents due to urbanization

Urbanization significantly influences land use, especially in developing countries where it's anticipated that 90% of the population will live in urban areas. This shift is likely to affect public health as rural pathogens adapt to urban environments, increasing their prevalence. According to a Rentokil article, constructing new buildings often displaces rat populations, driving them into urban settings. A report by the Building and Construction Authority (BCA) highlights a growing demand for construction activities, which can disrupt rodent nesting areas in rural regions and push them towards urban areas. Black rats, as noted in a recent Frontiers article, are a common urban species capable of thriving amidst environmental changes caused by human activities. Therefore, the rise in urbanization emphasizes the need for effective rodent control, particularly in emerging urban areas.

Increase in demand for rodent pest control services from the hospitality and tourism sectors

The increasing demand for maintenance services to manage rodent pests and prevent potential damage is driving growth in the rodenticide market. This demand is fueled by heightened interest in recreational activities. Key sectors such as entertainment, warehousing, construction, food service, pharmaceuticals, and hospitality significantly contribute to the rising need for pest control products and services, especially for rodent management. Economic losses caused by rodent-related damages notably impact the tourism industry. The expansion of urban hospitality and entertainment sectors, driven by consumer purchasing power, emphasizes the importance of effective rodent control measures to maintain aesthetic appeal and ensure customer satisfaction.

According to the World Health Organization (WHO), urban pests present serious public health risks. Over the past decade, there has been an increase in hospital admissions due to insect bites and wasp stings, highlighting the critical role of pest control in protecting public health. Additionally, pest-borne diseases can lead to economic losses, particularly affecting the tourism industry. Therefore, it is essential to evaluate the impact of pest control solutions in commercial establishments on user health, especially in reducing microbial contamination.

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The Urban Centers segment is expected to hold the largest market share in the end use segment of the rodenticides market.

Urban areas, with their dense populations, provide abundant food and shelter for rodents. The close arrangement of buildings, infrastructure, and waste management systems creates ideal conditions for rodent infestations to thrive. Numerous structures in cities, including buildings, sewers, and subway systems, offer shelter and nesting sites for rodents. Structural flaws like cracks and crevices in buildings act as entry points, allowing rodents to access indoor spaces and increasing the likelihood of infestations.

North America to dominate the rodenticides market during the forecast period.

North America has over 400 species of rodents, many of which have adapted to human environments and are considered pests in urban, agricultural, and forestry settings. Climatic changes, such as mild winters and warm springs, have fueled the reproduction and survival of certain rodent species, leading to outbreaks like that of house mice in the US. Major service providers report that approximately 60% of the global servicing market is attributed to North America, encompassing the United States, Canada, and Mexico. Rollins, Inc., Rentokil Initial plc, and Ecolab emerge as leading companies in this market segment, owing to the proliferation of services in the US and the high urbanization rates in both the US and Canada. These factors have led to an increase in rodenticide applications in North America.

Top Companies in the Rodenticides Market

The key players in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL (India), Neogen Corporation (US), Anticimex (Sweden), Ecolab (US), Rentokil Initial plc (UK), Senestech, Inc. (US), Rollins, Inc. (US), Liphatech, Inc. (US), JT Eaton & Co., Inc. (US), PelGar International (UK), Bell Laboratories Inc. (US), and Abell Pest Control (Canada).

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