Expanding Rodenticides Market Anticipated to Reach an Estimated USD 7.0 Billion by 2034
In the realm of pest control, the global market for rodenticides has been on an upward trajectory, with significant growth projected in the coming years. The Rodenticides Market is expected to achieve a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period from 2025 to 2034, according to industry analysts.
The U.S. Environmental Protection Agency (EPA) plays a crucial role in regulating anticoagulant rodenticide active ingredients, ensuring their safe and responsible use. This regulatory oversight is essential, given the importance of these products in mitigating rodent threats in various sectors, including agriculture and urban settings.
In 2024, North America led the market, securing a 47.8% share with USD 2.1 billion in revenue. This dominance is evident in major U.S. cities like New York, Chicago, and Los Angeles, which have significant budgets for rodent eradication programs. In Canada, agricultural regions like Saskatchewan and Alberta rely on rodenticides to protect grain silos and rangelands from burrowing rodents.
The market's expansion is driven by several factors. Rising urban growth and agricultural demands worldwide amplify rodent threats, necessitating effective solutions. In agricultural states like Iowa, Nebraska, and Kansas in the U.S., rodents pose challenges to grain storage and livestock operations, contributing to up to 20% post-harvest losses in certain regions.
Major players in the market include PelGar International, BASF SE, UPL, and Rollins, Inc. (Orkin). PelGar International continues to develop and market a wide range of rodenticides, including non-anticoagulant product lines containing Vitamin D3 and calcium carbonate. BASF SE is advancing integrated pest management with its Selontra rodenticide, containing the fast-acting active ingredient cholecalciferol (Vitamin D3). UPL has strengthened its rodenticide portfolio through the acquisition of the Zodiac range from BASF's professional pest control portfolio.
Rollins, Inc. (Orkin) leverages technology to enhance rodent control through A.I.-powered services like Radar, allowing for precise, minimal use of rodenticides. Ecolab focuses on digital innovation and service, integrating rodenticide use with advanced monitoring technology like the Ecolab Pest Elimination Portal.
The market's preference for pellets is evident, with pellets capturing more than a 48.1% share of the global rodenticides market. Pellets are valued for their ease of use, long shelf life, and high appeal to rodents. In agriculture, pellets protect stored grains and field crops, addressing up to 20% of post-harvest losses in some regions.
However, it's worth noting that Anticoagulant Rodenticides held a dominant market position, capturing more than a 67.9% share of the rodenticides market. This underscores the importance of strict regulations and responsible use to mitigate potential risks associated with these products.
In conclusion, the rodenticides market is a dynamic and evolving sector, driven by a mix of regulatory oversight, technological innovation, and growing demand for effective solutions to address rodent threats worldwide. As urban growth and agricultural demands continue to rise, the market is expected to continue its growth trajectory in the coming years.
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