Rodenticides Market

The rodenticides market is estimated at USD 5.8 billion in 2024 and is projected to reach USD 7.7 billion by 2029, at a CAGR of 5.9 % from 2024 to 2029. The rodenticides market is undergoing rapid growth due to a variety of factors. The expansion of urban areas and industries typically leads to a rise in rodent populations, driven by factors like heightened waste production and habitat disruption. Consequently, this increases the demand for rodenticides to manage these pest infestations. Similarly, fluctuations in weather conditions, including temperature, precipitation, and seasonal changes, can impact rodent populations by influencing their breeding patterns and habitat selection. Instances of extreme weather events may further increase rodent activity, consequently affecting the demand for rodenticides.

BASF SE (Germany)

BASF SE, a leading chemical company, operates across six business segments: chemicals, industrial solutions, materials, nutrition & care, surface technologies, and agricultural solutions. Within its agricultural solutions segment, BASF SE offers functional crop care, biotechnology, turf, ornamentals and landscape, pest control, and animal nutrition products. This segment provides crop protection, seeds, and digital solutions, including insecticides, herbicides, fungicides, and plant growth regulators, alongside innovative pest control formulations targeting pests like bed bugs, termites, ants, flies, and rats. BASF SE's global presence spans Asia Pacific, North America, Europe, South America, Africa, and the Middle East. Additionally, the company operates 17 R&D centers across North America, Europe, and Asia Pacific.

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In November 2020, BASF SE (US) introduced Selontra rodent bait to the European market. This soft bait formulation utilizes cholecalciferol as its active ingredient, rendering it three times more potent than typical anticoagulant rodenticides. Selontra boasts the ability to tackle substantial infestations in under seven days.

Syngenta AG (Switzerland)

Syngenta AG is a prominent player in agribusiness, engaging in crop protection, seeds, professional solutions, and flower markets. Within its crop protection division, the company offers a comprehensive range of solutions, including selective and non-selective herbicides, fungicides, insecticides, seed care, and other crop protection products. With a decade-long presence in crop protection, seeds, seed treatment, and genetically modified traits segments, Syngenta has sustained its market position through effective growth strategies. Operating in over 90 countries worldwide, Syngenta AG, a wholly owned subsidiary of ChemChina, operates primarily through two major segments: crop protection and seeds. It boasts 104 production and supply sites, along with 120 research sites. Syngenta's professional pest management unit provides pest control products, including rodenticides, serving residential, commercial, and farm pest control markets. Distribution channels include specialized distributors, dealers, professional applicators, and direct sales to growers. Manufacturing facilities are located in Switzerland, the US, the UK, France, India, China, and Brazil, with key subsidiaries like Syngenta India Ltd., Syngenta UK, and Syngenta US Agribusiness.

In June 2021, Enko, a US-based sustainable crop protection solution provider, and Syngenta Crop Protection AG partnered to develop safe and sustainable pest control solutions for farmers. This collaboration may help Syngenta to increase its product portfolio and market share in the respective market.

Anticimex (Sweden)

Anticimex is a modern pest control company with an impressive 80-year track record in the market. Serving nearly 3 million customers across both commercial and residential sectors, it operates in close to 18 countries. Leveraging new technologies and sustainable solutions, Anticimex meets the diverse demands of businesses and individuals alike. Its services span digital pest control, traditional pest control, building environment optimization, and hygiene management. Notably, for rodent control, the company offers Anticaties SMART digital services. Additionally, Anticimex extends its services to include insurance through its subsidiary, Anticimex Försäkringar AB, based in Sweden.

In March 2021, OCON Termite & Pest Control, Inc., based in Brookfield, Conn., was acquired by JP McHale Pest Management, a subsidiary of Anticimex. OCON has been delivering residential and commercial pest management services in Western Connecticut since 1979. With JP McHale Pest Management, a leading provider of innovative pest management solutions like SMART, now at their disposal, customers can expect access to the most advanced products, methods, and services available in the market.

Related Reports:

Rodenticides Market by Type (Chemical, Mechanical, Biological, And Software & Services), Mode Of Application (Pellets, Spray, And Powder), End Use (Agriculture, Warehouses, Urban Centers), Rodent Type, and Region-Global Forecast to 2029

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