Anticoagulant Rodenticides Market Growth Tactics, Regional Analysis 2030

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The upsurge in rodent population and increased occurrence of pest-related diseases are driving the demand for the market.

The global Anticoagulant Rodenticides Market size was USD 4.80 Billion in 2021 and is expected to register a revenue CAGR of 5.3% during the forecast period. Increasing usage of Integrated Pest Management (IPM) techniques and increasing damage from rodent attacks are major factors driving the market revenue growth. The widespread usage of Anticoagulant Rodenticides by different pest management companies has led to significant demand for rodent-resistant items in the world's major countries. The demand for grains as a result of a growing worldwide population and the expansion of food storage facilities as a result of growing concerns about food security are some other factors driving revenue growth of the Anticoagulant Rodenticides market.

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Top Leading Players: BASF SE, Bayer AG, Syngenta International AG, SenesTech, Inc., IMPEX EUROPA S. L., Neogen Corp., Liphatech, Inc., UPL Ltd., Pelghar International, Reckitt Benckiser Group PLC, JT Eaton, Bell Labs Inc., and Rentokil Initial, PLC, among others.

Key Companies in the market include:

  • By type, the anticoagulant segment held the largest market share in 2019 due to the inability of blood clotting factors in rodents seen against non-anticoagulants. In the US, about 95.0% of the chemical control of rodents done using anticoagulants.
  • By mode of application, the powder is expected to register a stagnant growth in the forecast period because the use of such modes in the air may harm animals and humans for ventilation.
  • By end-use, the agriculture segment is projected to occupy the highest share in 2027. An increase in devastation to grains and crops by rodents and also damage made to farm equipment is likely to drive segment growth over the forecast period.
  • North America is a major market for Anticoagulant Rodenticides. An increase in the number of residential areas and growing damage by rodents to agricultural fields will drive demand for Anticoagulant Rodenticides in this region. However, Asia Pacific is projected to experience substantial growth with urbanization and a robustly growing population creating a demand for the safety of foods, thus boosting the demand for Anticoagulant Rodenticides.
  • Manufacturers are captivated in various mergers and acquisitions and product developments to expand their market share. For example, in November 2017, Rentokil Initial plc acquired Vector Disease Acquisition, LLC, to expand its presence in North America.

Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)

Europe (Italy, U.K., Germany, France, Rest of Europe)

Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

 

Segments covered in the report:

Type Outlook (Revenue, USD Billion; 2019-2030)

  • Non-anticoagulants
  • Anticoagulants
    • First-generation Anticoagulants
    • Second-generation Anticoagulants

Mode of Application Outlook (Revenue, USD Billion; 2019-2030)

  • Pellets
  • Sprays
  • Powders
  • Blocks
  • Granules

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