Rodenticides Industry Expecteds to Reach $7.7 billion by 2029
According to a research report “Rodenticides Market by Type (Anticoagulants, Non-Coagulants), Mode of Application (Pellets, Spray, and Powder), End Use (Agriculture, Warehouses, Urban Centers), Rodent Types (Rats, Mice, Chipmunks, Hamsters) & Region – Global Forecast to 2029” published by MarketsandMarkets, the global market for rodenticides is estimated at USD 5.8 billion in...
Rodenticides Market Share, Growth Drivers, Trends, and Forecast
The global rodenticides market is predicted to experience a 5.8% compound annual growth rate, leading to a revenue surpassing USD 7.1 billion by 2027. This thriving industry, valued at USD 5.4 billion in 2022, is on a path of substantial growth. The rising concern for environmental pollution and public health hazards posed by vector-borne diseases is fueling the global demand for rodent control services....
Rodenticides Market Industry Analysis and Trends
The rodenticides market is expected to grow at a steady pace in the coming years. Rodenticides are chemical or biological agents that are used to kill rodents such as rats, mice, and others. The market is primarily driven by the growing demand for rodenticides from the agricultural sector, as rodents cause significant damage to crops and other agricultural products.
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Rodenticides Market Will Hit Big Revenues In Future
The global rodenticides market size is estimated to account for a value of USD 4.9 billion in 2020 and is projected to grow at a CAGR of 5.0% from 2020, to reach a value of USD 6.6 billion by 2026. The impact of climate change on rodent proliferation alongside the increasing damage by infestation of rodents are some of the factors driving the growth in the market.
Rodenticides Market
Report...
Latest Regulatory Trends Impacting the Rodenticides Market
MarketsandMarkets forecasts Rodenticides Market to grow from USD 4.7 billion in 2019 to USD 5.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period. The major factors that are expected to be driving the rodenticides market are increasing rodent population and increasing damage due to rodent attacks alongside opportunities such as development of non-toxic and...
Rodenticides Market to Witness Unprecedented Growth in Coming Years
The rodenticides market is estimated to be valued at USD 4.7 billion in 2019 and is projected to reach USD 5.9 billion by 2025, at a CAGR of 3.7% during the forecast period. The growth of the rodenticides market is driven by factors such as the increasing rodent population at the global level and the increasing awareness towards health and hygiene.
Rodenticides Market
The anticoagulant rodenticides...