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Rodenticides Market Share

Report ID: GMI8690
Published Date: Mar 2024
Report Format: PDF

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Rodenticides Market Share

Global Rodenticides Market Company Share, (2023)

The rodenticides industry is dominated by several major market players, each contributing significantly to the global market. BASF SE, a leading chemical company, offers a diverse range of rodenticide products tailored to various applications, including agriculture, urban pest control, and public health. Bayer AG, another key player, leverages its expertise in pharmaceuticals and agrochemicals to deliver innovative rodenticide solutions aimed at effectively controlling rodent populations while minimizing environmental impact.

Rentokil Initial plc, a prominent pest control service provider, plays a crucial role in the rodenticides market by offering comprehensive pest management solutions to residential, commercial, and industrial clients globally. Neogen Corporation specializes in developing advanced rodenticide formulations with enhanced efficacy and safety profiles, catering to the evolving needs of pest control professionals and consumers alike. Additionally, Bell Labs, renowned for its research and development capabilities, continuously innovates rodenticide products and technologies to address emerging challenges in rodent control across various sectors.

These major market players play a pivotal role in driving innovation, setting industry standards, and meeting the growing demand for rodenticides worldwide. Their extensive product portfolios, strong distribution networks, and strategic partnerships enable them to maintain market leadership and effectively address the diverse needs of customers across different regions and industries.

As the global demand for rodenticides continues to rise, driven by factors such as urbanization, expanding agricultural activities, and increasing awareness of health risks associated with rodent infestations, these key players are poised to shape the future growth trajectory of the market through their ongoing commitment to excellence and sustainability.

Rodenticides Market Companies

Major companies operating in the rodenticides industry include:

BASF SE
Bayer AG
Rentokil Initial plc
Neogen Corporation
Bell Labs
Liphatech, Inc.
Impex Europa S.L.
EcoClear Products
Syngenta
PelGar
Anticimex
UPL Limited

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of rodenticides reached USD 5.6 billion in 2023 and is set to witness 5.8% CAGR between 2024 and 2032, led by increasing urbanization and expansion of agricultural activities.

The anticoagulant product type in the market was valued at USD 3.1 billion in 2023, owing to its effectiveness in controlling rodent populations by causing internal bleeding, leading to eventual mortality.

North America market held over USD 1.8 billion in 2023, attributed to stringent regulations and standards regarding food safety and public health.

BASF SE, Bayer AG, Rentokil Initial plc, Neogen Corporation, Bell Labs, Liphatech, Inc., Impex Europa S.L., EcoClear Products, Syngenta, PelGar, Anticimex are some of the major industry contenders.