- Anticoagulant
- Non-anticoagulant
Rodenticide Industry Market size was estimated at USD x million in 2022 and is poised to grow at a CAGR of x% from 2023-2029. Widespread availability of natural rodenticide, rising population of rodents, surging demand for pest control, increased prevalence of pest-related diseases, and availability of natural rodenticides are the probable factors up surging the growth of market. Moreover, attempts to curb the economic losses in agriculture fields caused by pests is the major factor driving the growth of market. However, factors such as stringent government regulations and environmental concerns associated with the use of chemicals are most likely to dampen the growth of market. Key players in Rodenticide industry market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others.
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Rodenticides are used in a wide range of industries such as warehouse, urban centers, household, agriculture, pest control companies, others. Rodenticides are widely used in agriculture segment due to growing rodent population. Rodents poses a severe threat to the global food production. Damage of crops and food has been countersigned in a number of countries over the past years. Damage caused by rodents in agriculture fields is considered to be one of the major concerns which further augments the segment growth. Pest control companies is also fueling the market growth. It provides services to retail business, apartments, office complex, electronic sectors, food processing sector, hotels, and home. Rodenticide is generally used to control mice and rats that causes food contamination and exposing the human body to severe health complications.
The rodenticide industry market size was valued at USD x million in 2022
rising population of rodents
Europe is the fastest-growing for rodenticide industry market