Rodenticides Market Size

Rodenticides Market Overview

Rodenticides Market Size was valued at USD 5.13 billion in 2023. The rodenticides market industry is projected to grow from USD 5.376 Billion in 2024 to USD 7.47 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.20 % during the forecast period (2024 - 2032). The rising utilization of integrated pest management (IPM) strategies and rising rodent-attack-related damage are the key market drivers enhancing the market growth. The extensive use of rodenticides by various pest control firms has greatly increased the demand for rodent-resistant goods in the world's major economies.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Rodenticides Market Trends

• Rising demand for pest control is driving the market growth

Market CAGR for rodenticides is driven by the rising demand for quarterly pest control. Rats continue to harm the public's health and fitness as they have in the past. The illnesses linked to rodents have significantly impacted people's health. Rats and mice brought on more human illnesses and fatalities than any other group of mammals. Around 60 diseases, including the plague, typhus, and Hantavirus, are linked to rodent. Rodents bring on both human misery and financial losses.IPM for rodents is different from most conventional methods for controlling mice. Typically, it is not dependent on the routine application of rodenticides. An excellent IPM program emphasizes the prevention of rodent damage. The growing use of integrated pest management techniques and growing worries about spreading diseases like typhus and the plague are expected to propel the worldwide rodenticides market's expansion.

For pest management and control, second-generation anticoagulant rodenticides are frequently utilized. In rodents that are resistant to warfarin, they are particularly effective. A new generation of anticoagulants—the third generation—has been developed to reduce this risk due to the tissue persistence and non-target toxicity of the second-generation anticoagulant rodenticides (SGARs). Additionally, substances poisonous to rats may also be toxic to other animals. Manufacturers are forced to develop third-generation non-toxic rodenticides due to growing concerns about synthetic pesticides and their hazardous effects on humans and other species. Due to consumers' growing worries about safety, natural products are growing rapidly. BIORAT, for example, is one of the market’s most efficient rat and mouse pest control products, claiming to be an effective natural rodenticide against rats and mice. The Biological Pharmaceutical Laboratories of Cuba created BIORAT to address the issue of harmful product side effects. The product is widely distributed in 22 countries in Latin America, Africa, Asia, and Europe. Thus, driving the rodenticides market revenue.

Rodenticides Market Segment Insights

Rodenticides Type Insights

The rodenticides market segmentation, based on type, includes non-anticoagulants and anticoagulants. The anticoagulant segment is anticipated to hold most of the market share during the forecast years.  Anticoagulant rodenticide bait causes internal bleeding in rodents, which causes a painless and straightforward death. Anticoagulants are typically less harmful to humans and other animals than rodents.

In 2023, the Rodenticide Task Force launched the "Save Rodenticides in California" campaign in response to Assembly Bill 1322. AB 1322 would prohibit most uses of diphacinone and categorize all diphacinone products as California Restricted Materials, requiring a license to apply, limiting who can distribute and sell them, and requiring record-keeping for each transaction. The Senate Appropriations Committee is anticipated to vote on the bill before the end of August.

June 2022: FGV Agri Services Sdn Bhd introduced Butik S, a first-generation rodenticide to integrate cage owls under the Paddy Production Incentive Scheme (SIPP). The anticoagulant bait is made from a range of rodent-friendly materials and is designed to attract rats with the appropriate weight, shape, and color.

Additionally, the sector for non-anticoagulant is predicted to expand due to the rise in losses brought on by rodent attacks. Climate change's effects on rodent population increase and growing public health concerns about vector-based disease outbreaks are also projected to boost the demand for non-anticoagulant rodenticides.

Rodenticides Rodent Type Insights

The rodenticides market segmentation, based on rodent type, includes rats, mouse, hamsters, chipmunks, squirrels and others. In 2022, the rats category segment held the greatest market share. Rats have a higher birth rate than other rodents, which accounts for the segment's dominance in the  rodenticides market. However, the squirrel repellant witnessed the fastest growth rate. Strong tastes, smells, textures, and sounds are used in squirrel repellents to prevent squirrels from accessing space. Several types of repellents, including sprays, granules, and gadgets, produce ultrasonic noises.

Figure 1: Rodenticides Market, by Rodent Type, 2022 & 2032 (USD billion)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Rodenticides Form Insights

The rodenticides market segmentation, based on form, includes pellet, spray and powder. The pellet category is anticipated to hold a major  market share. Rodenticide and food bait are combined to create pelleted baits, which are crushed and formed into tiny, enticing pellets. In 2022, blocks held a sizable portion of the  market. Due to their weather resistance and waterproof nature, these are suitable for outdoor use.

Rodenticides End-User Insights

The rodenticides market segmentation, based on end-user, includes agricultural fields, warehouses and others. In 2022, the agriculture fields category had a major  market share. Over the projection period, demand is likely driven by increased rat damage to field crops, farm machinery, and stored grains worldwide. In 2022, the warehouse category held a sizable  market share. They harm storage facilities, goods in storage, and containers, which is expected to increase the product's use in warehouses over the projection period.

Rodenticides Regional Insights

By Region, the report provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American rodenticides area will dominate this market. During the forecast period, the market in the region is expected to be driven by the rising demand for rodent control goods and services as well as the growing number of new homes being built. For instance, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reports that 765,000 new homes were sold in February 2020 instead of 669,000 new single-family homes in February 2019.

Further, the major countries studied in the market report are U.S., Canada, France, German, Italy, UK, Spain, Japan, China, Australia, India, South Korea, and Brazil.

Figure 2: RODENTICIDES MARKET SHARE BY REGION 2022 (%)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Europe rodenticides market accounts for the second-largest market share. The growing rodent population in Europe is expected to increase the demand for rodenticides due to the deteriorating sewers and waste. Crop destruction, disease transmission, including the Hantavirus, lymphocytic choriomeningitis, plague, tularemia, and lower crop productivity are all mostly the fault of rodents. Further, the German rodenticides market held the largest market share, and the UK rodenticides market was the fastest-growing market in the European region.

The Asia-Pacific Rodenticides Market is expected to grow at the fastest CAGR from 2023 to 2032. This market is anticipated to benefit from rats' rising agricultural damage and declining food output. For instance, the Food Corporation of India (FCI) godowns had around 57,676 metric tonnes of food grains that became spoiled due to rodent and insect assaults, godown leaks, exposure to rain and floods, and rodent and pest attacks. Moreover, China’s rodenticides market held the largest market share, and the Indian rodenticides market was the fastest-growing market in the Asia-Pacific region.

Rodenticides Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the rodenticides market, grow even more. Market participants are also undertaking various strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the rodenticides industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the  rodenticides industry to benefit clients and increase the market sector. In recent years, the rodenticides industry has offered some of the most significant medical advantages. Major players in the rodenticides market, including Bell Laboratories Inc. (US), UPL Limited (India), BASF SE (Germany), Ecolab Inc. (US), and others, are attempting to increase market demand by investing in research and development operations.

Bayer is a German conglomerate involved in healthcare and agriculture.  The company's crop science division comprises seeds, insecticides, herbicides, and fungicides, which it expanded after acquiring Monsanto. Bayer primarily sells its healthcare and crop protection products to wholesalers, pharmacies, hospitals, and retailers. It has subsidiaries in Asia-Pacific, Europe, North America, Latin America, Africa, and the Middle East. In July 2021, Bayer launched a new pest control product, Harmonix Rodent Paste, a high-performance cholecalciferol rodenticide with a long shelf life. Furthermore, this novel method enables pest controllers to prevent rodents in both outdoor and interior settings.

EcoClear Products, Inc. was created in the autumn of 2013 in Sarasota, FL, by Christopher Stidd, a pet industry businessman with over ten years of experience. The chemists on the EcoClear Products team are enthusiastic about developing new products and have received four presidential awards for "green" chemistry. They have extensive knowledge of insecticides, rodenticides, detergents, food supply, and other fields. In March 2022, EcoClear Products announced that its partnership with the National Pest Management Association had been expanded to include its Texas division to assist more businesses with this critical issue. EcoClear Products will leverage its services with the Texas Pest Management Association to help control the growing rodent population.

Key Companies in the rodenticides market include

• Bayer AG (Germany)


• Syngenta AG (Switzerland)


• BASF SE (Germany)


• Rentokil Initial Plc (UK)


• Ecolab Inc. (US)


• Rollins Inc. (US)


• UPL Limited (India)


• Anticimex (Sweden)


• The Terminix International Company (US)


• Liphatech Inc. (US)


• Neogen Corporation (US)


• PelGar International (UK)


• Bell Laboratories Inc. (US)


• JT Eaton (US)


• Truly Nolen (US)

Rodenticides Industry Developments

December 2021: Terminix  Holdings, Inc. was acquired by Rentokil Initial plc. The Transaction marks the merger of two leading pest control companies with a long cultural heritage, outstanding talent, and a strong focus on people, and customers, delivering products and services responsibly and benefiting society and the environment by acting responsibly.

July 2022: Bayer has released a new pest control product called Harmonix Rodent Paste, a high-performance cholecalciferol rodenticide with a long shelf life. This new method enables pest control professionals to avoid rodents in both outdoor and interior settings.

Rodenticides Market Segmentation

Rodenticides Type Outlook

• Non-anticoagulant


• Anticoagulant

Rodenticides Rodent Type Outlook

• Rats


• Mouse


• Hamsters


• Chipmunk


• Squirrels


• Others

Rodenticides Form Outlook

• Pellet


• Spray


• Powder

Rodenticides End-User Outlook

• Agricultural Fields


• Warehouses


• Others

Rodenticides Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  

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

• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America