The global rodenticides market is projected to grow from USD 5.8 billion in 2024 to USD 7.7 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.9% during the forecast period. This growth is driven by several key factors, notably the expansion of urban areas and industrial development, which contribute to rising rodent populations due to increased waste generation and habitat disruption. As a result, the demand for rodenticides to control rodent infestations is expected to rise.
Influence of Weather Patterns
Climate variability, including changes in temperature, rainfall, and seasonal shifts, significantly impacts rodent breeding and habitat preferences. Extreme weather events, such as floods or droughts, can further elevate rodent activity, thereby increasing the need for effective rodent control solutions.
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Mode of Application: Spraying to Hold the Second-Largest Share
The spray method is anticipated to be the second-largest segment in terms of mode of application within the rodenticides market. While spraying pesticides primarily targets other pests, it can also indirectly affect rodent populations. Rodents consuming contaminated plants or insects may suffer toxic effects, leading to increased mortality or weakened immunity. This scenario can trigger additional demand for rodenticides to manage residual rodent threats.
End Use: Urban Centers to Dominate
Urban centers are expected to dominate the rodenticides market in terms of end use. These environments offer abundant food and shelter for rodents, making them hotspots for infestations. Dense building structures, underground systems like sewers and subways, and common structural flaws such as cracks and entry points provide ideal nesting and access opportunities for rodents, heightening the need for rodent control.
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Regional Insights: North America Leads the Market
North America holds the largest market share in the rodenticides industry. With over 400 rodent species—many of which have adapted to human habitats—rodent-related challenges are prevalent across urban, agricultural, and forestry sectors. Climate trends such as milder winters and warmer springs have boosted rodent survival rates, leading to infestations like house mice outbreaks in the U.S.
The region accounts for approximately 60% of the global rodenticide service market, with the United States, Canada, and Mexico at the forefront. Key players such as Rollins, Inc., Rentokil Initial plc, and Ecolab dominate the landscape, driven by the high urbanization rates and widespread service demand, particularly in the U.S. and Canada. These conditions continue to propel rodenticide usage throughout North America.
Top 10 Companies in the Rodenticides Market
- BASF SE (Germany)
- Bayer AG (Germany)
- Syngenta AG (Switzerland)
- Anticimex (Sweden)
- Neogen Corporation (US)
- Ecolab (US)
- Rentokil Initial plc (UK)
- Senestech, Inc. (US)
- Rollins, Inc. (US)
- Liphatech, Inc. (US)