The global rodenticides market size value USD 5.1 billion in 2020 and expected to reach USD 6.8 billion by 2027, at a CAGR of 5.4% during the forecast period 2021-2027. Rodenticides are the group of heterogeneous compounds that are used to kill the rodents, primarily mice, and rats. Rodenticides primarily used in warehouses, greenhouses and agriculture for killing the rodents which cause the crop damage. Global rodenticides market is expected to grow at significant rates over the forecast period due to development of new rodenticides by the market players to increase their market share. For instance, in September 2014, Bayer AG has launched innovative new rodenticide, Racumin Foam for controlling rodenticide. Companies operating in rodenticides market are also focusing on expanding their geographical reach by various strategies such as acquisition, licensing and collaboration. For instance, Dec 2015, Neogen Corporation acquired complete rodenticide assets of Virbac Corporation, North America affiliate of Viabc Group, to expand their marketplace and product line.