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
Market Size & Forecast
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.
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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
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.
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