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The global rodenticides market has grown exponentially in the last few years. The market size is projected to reach USD 1.23 Billion by 2022, at a CAGR of around 3.76% from 2016. Factors such as increase in rodent population and prevention of disease transmission caused by rodents are some of the major drivers of this market. Emerging countries such as India, Japan, and China are the primary targets of the industry as they demand hygienic environmental conditions.
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MarketsandMarkets™ Presents Rodenticides Market - Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/rodenticides-market-189089498.html
The report "Rodenticides Market by Type (Non-Anticoagulant, Anticoagulant), End User (Agricultural Fields, Warehouses, Pest Control Companies, Urban Centers, Household Consumers), Mode of Application (Pellets, Sprays, Powders), and Region - Global Forecast to 2022", The rodenticides market is projected to reach a value of USD 1.23 Billion by 2022 at a CAGR of 3.76% from 2016. The market is driven by factors such as avoidance of disease transmission caused by rodents and increase in rodent population. The high growth potential in emerging markets and untapped regions provide new growth opportunities for the market players. Browse 68 market data tables and 39 figures spread through 142 pages and in-depth TOC on “Rodenticides Market - Global Forecast to 2022”Early buyers will receive 10% customization on this report. There is high-growth potential for rodenticide products in the Asia-Pacific region. This region has emerging economies, such as China and India, which have considerable cultivable land to grow crops. Furthermore, China is the second-largest country to hold maximum share in the rodenticides market due to the urbanization and technological growth in agriculture. Higher standards of living among consumers has resulted in the rise in demand for rodenticides products. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189089498
The objectives of the study are as follows: • To understand and analyze the market segmentation, such as type, end user, and method of application • To understand the structure of the rodenticides market by identifying its various subsegments • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • To strategically profile key players and comprehensively analyze their market share and core competencies • The years considered for the study are as follows: • Base year – 2015 • Estimated year – 2016 • Projected year – 2022 • Forecast period – 2016 to 2022 • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=189089498
The rodenticides market, on the basis of type, has been segmented into non-anticoagulant, coagulant, and others (phosphides). The non-anticoagulant rodenticide segment is projected to grow at the highest CAGR during the forecast period. Increase in the demand for quality produce and reduction in losses of commodities due to rodent infestation led to the growth in demand for rodenticides. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. Increase in availability of pest control service providers in China and India and rise in awareness about the use of rodenticides are expected to lead to increased demand in the Asia-Pacific market. Regulatory changes such as environmental protection laws and changing government policies across diverse regions are a restraint for rodenticides market players. The strict and rigorous regulatory requirements in the environmental protection sector are applicable to production processes and environments, which restrict the production of rodenticides products. The rodenticides market is characterized by moderate competition due to the presence of a number of large- and small-scale firms. The market is dominated by players such as BASF SE (Germany), Bayer AG (Germany), Syngenta (Switzerland), Rentokil Initial plc (U.K.), and UPL Limited (India). These collectively accounted for the largest portion of the rodenticides market in 2015. New product launches, acquisitions, agreements, and expansions are the key strategies adopted by players to ensure their growth in this market. Other players, such as Neogen Corporation (U.S.), Bell Laboratories (U.S.), Liphatech, Inc. (U.S.), Impex Europa S.L. (Spain), and SenesTech, Inc. (U.S.), also have a strong presence in this market. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=189089498
Target Audience: • Government and research organizations • Associations and industrial bodies • Traders, distributors, and retailers • Agriculture & farming industry • Rodenticide manufacturers and suppliers • Regulatory institutions • Food safety agencies • Pesticide traders/suppliers • Agricultural institutes and universities • Pest control companies and users of pest control services • Scope of the Report: • Based on End User, the market has been segmented as follows: • Agricultural fields • Warehouses • Pest control companies • Urban centers • Household consumers
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