The global rodent control market was valued at $2.4 billion in 2019, and is projected to reach $3.9 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027.
Rodent control is the regulation of the population of destructive, noxious, or dangerous rodents through chemical, biological, or other means. Rodenticides are pesticides that kill rodents. These are chemicals or mixture of chemicals that are used to mitigate rodent damage. Norway rats, roof rats, and house mice tend to reside in places where there are human activities that can lead to serious health issues; thus, rodent control has gained significant importance in recent years.
The growth of the rodent control market is attributed to factors such as increase in urban population all around the world, which has resulted in significant increase in food sources and conducive living habitats for various rodents such as Norway rats, roof rats, and house mice. This has resulted in increased demand for rodent control management across the world. In addition, rapid migration is witnessed from rural areas to urban centers, being more prevalent in developing countries such as India. This has further increased the population density of urban areas, which, in turn, is anticipated to fuel the demand for rodent control products and services. Rise in concern of consumers from residential and commercial sectors toward maintaining health and hygiene has escalated the adoption of rodent control products and services. Moreover, considerable rise has been witnessed in the prevalence of diseases caused by different kind of rodents, hence making it essential to control them.
However, stringent regulations and ban on the use of chemical based rodent control in developed countries and surge in use of mechanical methods for rodent control is likely to hamper the growth of the market. In addition, toxicity and health-related issues due to chemicals present in rodenticides is a significant factor that hampers the growth of the market. Furthermore, the introduction of new techniques like digital rodent control that include high-tech digital traps, sensors, and cameras and ongoing R&D activities to increase the dependency on bio-based rodenticides are anticipated to provide lucrative growth opportunities for the market expansion in future.
The global rodent control market is segmented on the basis of type, application, and region. By type, it is categorized into chemical, mechanical, biological, and others. The applications covered in the study include commercial, residential, agriculture, industrial, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players analyzed in this report are Anticimex, BASF SE, Bayer AG, EcolabInc., Neogen Corporation, PelGar International, Rentokil Initial Plc, Rollins Inc., Senestech Corporation, Syngenta AG.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Type
By Application
By Region
Rodent control is the regulation of the population of destructive, noxious, or dangerous rodents through chemical, biological, or other means. Rodenticides are pesticides that kill rodents. These are chemicals or mixture of chemicals that are used to mitigate rodent damage. Norway rats, roof rats, and house mice tend to reside in places where there are human activities that can lead to serious health issues; thus, rodent control has gained significant importance in recent years.
The growth of the rodent control market is attributed to factors such as increase in urban population all around the world, which has resulted in significant increase in food sources and conducive living habitats for various rodents such as Norway rats, roof rats, and house mice. This has resulted in increased demand for rodent control management across the world. In addition, rapid migration is witnessed from rural areas to urban centers, being more prevalent in developing countries such as India. This has further increased the population density of urban areas, which, in turn, is anticipated to fuel the demand for rodent control products and services. Rise in concern of consumers from residential and commercial sectors toward maintaining health and hygiene has escalated the adoption of rodent control products and services. Moreover, considerable rise has been witnessed in the prevalence of diseases caused by different kind of rodents, hence making it essential to control them.
However, stringent regulations and ban on the use of chemical based rodent control in developed countries and surge in use of mechanical methods for rodent control is likely to hamper the growth of the market. In addition, toxicity and health-related issues due to chemicals present in rodenticides is a significant factor that hampers the growth of the market. Furthermore, the introduction of new techniques like digital rodent control that include high-tech digital traps, sensors, and cameras and ongoing R&D activities to increase the dependency on bio-based rodenticides are anticipated to provide lucrative growth opportunities for the market expansion in future.
The global rodent control market is segmented on the basis of type, application, and region. By type, it is categorized into chemical, mechanical, biological, and others. The applications covered in the study include commercial, residential, agriculture, industrial, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players analyzed in this report are Anticimex, BASF SE, Bayer AG, EcolabInc., Neogen Corporation, PelGar International, Rentokil Initial Plc, Rollins Inc., Senestech Corporation, Syngenta AG.
KEY BENEFITS FOR STAKEHOLDERS
- Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the industry for strategy building.
- It outlines the current trends and future estimations of the rodent control market from 2019 to 2026 to understand the prevailing opportunities and potential investment pockets.
- The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study.
- The profiles of key players along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
By Type
- Chemical
- Mechanical
- Biological
- Others
By Application
- Residential
- Commercial
- Industrial
- Agriculture
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Spain
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Rodent Control Market, by Type
Chapter 5: Global Rodent Control Market, by Application
Chapter 6: Global Rodent Control Market, by Region
Chapter 7: Competitive Landscape
Chapter 8: Company Profile
Executive Summary
According to the report titled, ' Rodent Control Market: Opportunity Analysis and Industry Forecast, 2020-2027', the global rodent control market was valued at $2.4 billion in 2019, and is projected to reach $3.9 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027.Rodent control implies the management and regulation of rodents that adversely affect human health and environment. Rodent control is a major issue for many homeowners. Rats and mice have the ability to transfer diseases, contaminate food, and cause structural damage, hence need to be eliminated. They are also accomplished chewers, known for gnawing their way through barriers with their powerful front teeth.
Implementation of stringent government regulations toward conservation of environment in developed regions, such as North America and Europe is expected to drive the growth of global rodent control market. In addition, favorable government initiatives to promote the use of bio-based rodenticides are likely to surge the demand for rodent control globally. However, toxicity and health-related issues due to chemicals present in rodenticides is a significant factor that hampers the growth of the market. On the contrary, ongoing R&D activities to increase the dependency on bio-based rodenticides is expected to offer lucrative growth opportunities for the rodent control market.
The global rodent control market size is segmented on the basis of type, application, and region. By type, it is categorized into chemical, mechanical, biological, and others. The applications covered in the study include commercial, residential, agriculture, industrial, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By type, the chemical segment is expected to garner the highest market share during the forecast period, owing to its effectiveness, as it kills rodents in a single dose or multiple doses.
By application, the commercial segment is likely to garner the highest market share during the forecast period due to increase in demand for rodent control in the commercial sector such as stored product facilities, food processing facilities, and retail sites such as stores, hotels, casinos, and restaurants to maintain high sanitation standards and cleanliness.
Region wise, the rodent control market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to garner the highest rodent control market share during the forecast period due to expansion of agricultural lands and the number of organic producers in China and India boost the application of different rodenticides.
Key Findings Of The Study
The Asia-Pacific rodent control market is projected to grow at a highest CAGR of nearly 7.5%, in terms of revenue, during the forecast period.
The residential application is anticipated to witness moderate growth rate of 6.2%, in terms of revenue, during the forecast period.
North America dominated the rodent control market with a revenue share of over 5.5% in 2018.
The chemical rodent control is anticipated to witness moderate growth rate of 6.6%, in terms of revenue, during the forecast period.
The key players operating in the global rodent control market include Anticimex, BASF SE, Bayer AG, EcolabInc., Neogen Corporation, PelGar International, Rentokil Initial Plc, Rollins Inc., Senestech Corporation, Syngenta AG.
Companies Mentioned
- Anticimex
- BASF SE
- Bayer AG
- EcolabInc.
- Neogen Corporation
- PelGar International
- Rentokil Initial Plc
- Rollins Inc.
- Senestech Corporation
- Syngenta AG
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 221 |
| Published | April 2020 |
| Forecast Period | 2019 - 2027 |
| Estimated Market Value ( USD | $ 2.4 billion |
| Forecasted Market Value ( USD | $ 3.9 billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
