Rodenticides Market is expected to grow from USD 3.80 billion in 2019, to reach USD 5.46 billion by

The Rodenticides Market is expected to grow from USD 3.80 billion in 2019, to reach USD 5.46 billion by 2028, growing at a CAGR of 4.1% during the forecast period. The increasing population around the world spurring the demand for processed food combined with increased locust and insect attack on crops is responsible to propel the rodenticides market during the forecast period.

Rodenticides are the chemical or biological agents that help to destroy, kill, or repel rodents. These are usually formulated with food baits so as to attract rodents towards the formulation. Huge losses in agricultural fields, grain storage, and warehouses have been reported from rodent attacks. Hence, control of the rodent population has been critical in recent years. While acceptance of rodenticides has the potential for advancement across the globe, the toxicity of these chemicals has been a serious problem, due to which the guidelines for rodenticide use across developed countries have been stringent. While acceptance of rodenticides has the potential for advancement across the globe, the toxicity of these chemicals has been a serious problem, due to which the guidelines for rodenticide use across developed countries have been stringent.

A recent report published by QMI on rodenticides market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of rodenticides market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for rodenticides during the forecast period. It can enable companies investing in rodenticides market to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, the rodenticides market has been segmented By Type (Non-Anticoagulants, Anticoagulants), By Application (Pellets, Sprays, Powders), By End User (Agriculture, Warehouses, Urban Centers, Others)

Insights about regional distribution of market:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

For rodenticides market, the segments by region are North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the rodenticides market.

North America and Western Europe have been one of the key regions with technological advancements in Food & Agricultural sector. The use of latest technologies in the agricultural activities and established processed food market is estimated to drive demand for rodenticides market in these regions.

In addition to this, some of the major companies operating in this market are headquartered in these regions. Asia Pacific is estimated to be one of the fastest growing markets for rodenticides market. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of rodenticides market. Middle East and rest of the World are estimated to be emerging regions for rodenticides market.

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Companies Covered: BASF SE, Bayer Corp., Syngenta, UPL, Liphatech Inc., JT Eaton, Neogen Corporation, Pelgar International, Senestech Inc., Bell Laboratories, and Impex Europa, Rentokil Initial Plc, Terminix, Ecolab, Anticimex, Rollins, Truly Nolen, and Abell Pest Control..

Market Segmentation:

By Type:

• Non-Anticoagulants
• Anticoagulants

By Application:

• Pellets
• Sprays
• PowdersBy End User:
• Agriculture
• Warehouses
• Urban Centers
• Others

Contact:

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Pune, Maharashtra 411028

Phone: +91 706 672 4848 +1 208 405 2835 / +44 121 364 6144 /

Email: sales@quincemarketinsights.com

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Contact: Quince Market Insights Ajay D. (Knowledge Partner) Office No- A109 Pune, Maharashtra 411028 Phone: +91 706 672 4848 +1 208 405 2835 / +44 121 364 6144 / Email: sales@quincemarketinsights.com Web: www.quincemarketinsights.com