Global Anticoagulant Rodenticides Market
The global Anticoagulant Rodenticides market was valued at USD 5.3 billion in 2021 which expected to reach USD 7.1 billion by 2027 at a CAGR 5.9 % from 2020-2027.
ARs are extensively employed to manage rodent populations such as house mice, Norway rats, and black rats. Rodent management's key goals are to produce plants, stored commodities, and infrastructure, as well as to protect human and livestock health and natural flora and wildlife. As a result, the market should expand.
Anticoagulant rodenticides are a major source of toxicity in pets and wildlife. Anticoagulant concentrate contamination of feed, malicious use of these compounds, and feed mixed with machinery used to create mouse bait have all been connected to intoxications in family pets.
Market Drivers
Increasing damage to electric cables and walls in industrial buildings is expected to enhance demand for pest management services and hence market demand for these rodenticides. These items are typically used in agricultural applications, homes, pest control companies, and warehouses. The market for anticoagulant rodenticides for various end-use applications is highly driven by regional government guidelines that consider toxicity and efficiency. Over the projection period, increased global supply of staples such as wheat, rice, and coarse grains is expected to result in higher market demand.
Market Restraints
Government agencies carefully oversee rodenticides and many other pesticides, which might stymie industry expansion. All pesticides must be registered with the United States Environmental Protection Agency (EPA) under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) before they can be sold or distributed. A pesticide classed as general-use is one that is unlikely to damage persons or the environment when used according to label guidelines..
Impact of COVID-19
The outbreak of covid-19 has had a significant impact on the functioning of various enterprises, owing mostly to the financial crisis and supply chain interruptions. Since different hygiene and sanitation measures were implemented during COVID-19 to prevent the spread of coronavirus, this has had a Favorable impact on the rodenticide industry, resulting in a constant increase in demand for rodent control goods and services. People have been more health concerned in recent years, and eliminating pests such as rodents has become a top priority. Furthermore, many companies, including hotels, restaurants, commercial and industrial establishments, were closed during the pandemic, making rats a serious issue.
Market Segmentation
The Global Anticoagulant Rodenticides Market is segmented into Type, Form, Application and Growing System. By Type such as 1st Generation Anticoagulants, 2nd Generation Anticoagulants. Further, market is segmented into By Form such as Pellets, Blocks, Powders & Sprays. By Application such as Agriculture, Pest Control Companies, Warehouses, Urban Centers, Household, Others.
Regional Analysis
Global Anticoagulant Rodenticides Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America has the largest market share. This high share is attributed to growing awareness of the increased rodent population, as well as growing concerns about security around warehouses, residential and commercial buildings, and farms, as well as monitoring rodents in agricultural fields in countries such as Canada, Mexico, and the United States. Based on the method of action and the level of toxicity, these products used in the United States are classed as first-generation, second-generation, and acute rodenticides.
Furthermore, the Asia Pacific anticoagulant rodenticides market is predicted to grow rapidly in 2021. Rodent assaults on farmland have become all too typical in developing countries throughout the region. Rats are expected to affect more than 1% of the world's greatest grain harvests, with estimates ranging from 3-5% in developing countries, according to the International Rice Research Institute (IRRI). Rodents are capable of transmitting over 50 diseases to humans, including typhoid, paratyphoid, and scabies.
Key Players
Various key players are listed in this report such as BASF SE; Bayer AG; Rentokil Initial plc; Liphatech, Inc.; PelGar International; Syngenta Crop Protection AG; NEOGEN Corporation
Market Taxonomy
By Type
By Form
By Application
By Region
Key Questions Addressed by the Report
Global Anticoagulant Rodenticides Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Anticoagulant Rodenticides Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Anticoagulant Rodenticides Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Anticoagulant Rodenticides Market Share Analysis, By Type
5.3 Global Anticoagulant Rodenticides Market Size and Forecast, By Type
5.3.1 1st Generation Anticoagulants
5.3.2 2nd Generation Anticoagulants
6 Global Anticoagulant Rodenticides Market, By Form
6.1 Y-o-Y Growth Comparison, By Form
6.2 Global Anticoagulant Rodenticides Market Share Analysis, By Form
6.3 Global Anticoagulant Rodenticides Market Size and Forecast, By Form
6.3.1 Pellets
6.3.2 Blocks
6.3.3 Powders & Sprays
7 Global Anticoagulant Rodenticides Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Anticoagulant Rodenticides Market Share Analysis, By Application
7.3 Global Anticoagulant Rodenticides Market Size and Forecast, By Application
7.3.1 Agriculture
7.3.2 Pest Control Companies
7.3.3 Warehouses
7.3.4 Urban Centers
7.3.5 Household
7.3.6 Others
8 Global Anticoagulant Rodenticides Market, By Region
8.1 Global Anticoagulant Rodenticides Market Share Analysis, By Region
8.2 Global Anticoagulant Rodenticides Market Share Analysis, By Region
8.3 Global Anticoagulant Rodenticides Market Size and Forecast, By Region
9 North America Anticoagulant Rodenticides Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Anticoagulant Rodenticides Market Share Analysis, By Type
9.3 North America Anticoagulant Rodenticides Market Size and Forecast, By Form
9.4 North America Anticoagulant Rodenticides Market Size and Forecast, By Application
9.6 North America Anticoagulant Rodenticides Market Size and Forecast, By Country
9.7.1 U.S.
9.7.2 Canada
9.7.3 Mexico
10 Europe Anticoagulant Rodenticides Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Anticoagulant Rodenticides Market Share Analysis, By Type
10.3 Europe Anticoagulant Rodenticides Market Size and Forecast, By Form
10.4 Europe Anticoagulant Rodenticides Market Size and Forecast, By Application
10.6 Europe Anticoagulant Rodenticides Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4. Rest of Europe
11 Asia Pacific Anticoagulant Rodenticides Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Anticoagulant Rodenticides Market Share Analysis, By Type
11.3 Asia Pacific Anticoagulant Rodenticides Market Size and Forecast, By Form
11.4 Asia Pacific Anticoagulant Rodenticides Market Size and Forecast, By Application
11.6 Asia Pacific Anticoagulant Rodenticides Market Size and Forecast, By Country
11.6.1 China
11.7.2 Japan
11.8.3 India
11.8.4. Rest of Asia Pacific
12 Latin America Anticoagulant Rodenticides Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Anticoagulant Rodenticides Market Share Analysis, By Type
12.3 Latin America Anticoagulant Rodenticides Market Size and Forecast, By Form
12.4 Latin America Anticoagulant Rodenticides Market Size and Forecast, By Application
12.6 Latin America Anticoagulant Rodenticides Market Size and Forecast, Country
12.7.1. Brazil
12.8.2. Rest of Latin America
13 Middle East Anticoagulant Rodenticides Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Anticoagulant Rodenticides Market Share Analysis, By Type
13.3 Middle East Anticoagulant Rodenticides Market Size and Forecast, By Form
13.4 Middle East Anticoagulant Rodenticides Market Size and Forecast, By Application
13.6 Middle East Anticoagulant Rodenticides Market Size and Forecast, By Country
13.7.1. Saudi Arabia
13.8.2. UAE
13.8.3. Egypt
13.9.4. Kuwait
13.10.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 BASF SE
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Bayer AG
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Rentokil Initial plc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Liphatech, Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 PelGar International
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Syngenta Crop Protection AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 NEOGEN Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
