karls scott
karls scott
6 hours ago
Share:

Rodenticides Market Supported By Strong Demand From Food Storage Facilities

The global rodenticides market size was estimated at USD 5.27 billion in 2022 and is projected to reach USD 8.13 billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030.

The global rodenticides market size was estimated at USD 5.27 billion in 2022 and is projected to reach USD 8.13 billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. Trends driving this expansion include increased incidence of pest-borne diseases, a rising rodent population, growing demand for pest-control services, and greater availability of natural rodenticide alternatives.

Key Market Trends & Insights

  • The Asia Pacific region dominated the market with a revenue share of 29.8% in 2022 and is expected to register the fastest growth, with a CAGR of 7.6%. North America held a significant share in 2022, and Europe also accounted for a notable portion of the market, partly due to deteriorating drain and garbage infrastructure which exacerbates rodent problems.
  • By application, the “pest-control companies” segment accounted for the largest revenue share at 39.1% in 2022. On the product side, anticoagulant rodenticides held a dominant revenue share of 76.9% in 2022. Considering the form factor, the block segment held the largest revenue share at 46.0% in 2022.

Market Size & Forecast

  • 2022 market size: USD 5.27 billion
  • Projected market size by 2030: USD 8.13 billion
  • CAGR from 2023 to 2030: 5.6%

Underlying drivers include growing rodent-infestation risks in urban and agricultural settings, heightened awareness of hygiene and disease transmission, and the availability of more environmentally friendly rodenticide options. For example, natural rodenticides are biodegradable and less harmful to non-target species, and they do not require special storage or disposal protocols.  On the flip side, stringent regulations in many regions—for instance, product registration with the U.S. Environmental Protection Agency (EPA) under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA)—pose restraint to growth.

Order a free sample PDF of the Rodenticides Market Intelligence Study, published by Grand View Research.

Key Companies & Market Share Insight

Industry players are focusing on strategies such as acquisitions, new product development, and increased research & development investment to bolster their market positions.

Key Companies List

  • BASF SE
  • Bayer AG
  • Rentokil Initial plc
  • Neogen Corporation
  • Bell Labs.
  • Liphatech, Inc.
  • Impex Europa S.L.
  • EcoClear Products

Conclusion

In summary, the rodenticides market is poised for steady growth through 2030, underpinned by increasing rodent-related health and economic risks, expansion of pest-control services, and technological advances in product forms and formulations. While regulatory and environmental hurdles persist, the shift toward safer, more sustainable solutions and strong growth in the Asia Pacific region present clear opportunities for industry players.

Explore Horizon Databook – The world’s most expansive market intelligence platform developed by Grand View Research.