PUBLISHER: Inkwood Research | PRODUCT CODE: 1379516
PUBLISHER: Inkwood Research | PRODUCT CODE: 1379516
The global rodent control market is expected to register a CAGR of 6.52% during the forecast period, 2023 to 2032. Rodent control is the process of managing and reducing populations of rodents, such as rats and mice, to prevent them from causing damage or posing health risks.
Rodents pose significant threats to residential properties, farms, commercial establishments, and agricultural areas, manifesting in issues like property damage, contamination of food and water supplies, and the transmission of diseases. To combat these challenges, rodenticides serve as a prevalent solution. Rodenticides, chemical formulations specifically crafted for rodent control, exist in various formulations such as baits, pellets, and powders. They function by inducing poisoning upon ingestion or inhalation by rodents. These products are strategically positioned in areas with rodent activity, such as bait stations or along established rodent pathways. While rodenticides effectively manage rodent populations, their use demands caution due to potential harm to non-target species and environmental risks.
The market for rodent control solutions is experiencing robust growth driven by several key factors. Heightened awareness regarding the health and economic risks associated with rodent infestations, a surge in pest-borne diseases, escalating urbanization, and population growth are pivotal contributors. As markets increasingly recognize the importance of effective rodent control, the demand for such solutions is on the rise. The incidence of pest-borne diseases, such as Lyme disease and dengue fever, is witnessing an upward trajectory. This surge is a significant driver for the growing demand for rodent control services, given that rodents often act as vectors for these diseases. Rodents present a substantial public health and economic threat by carrying and transmitting various diseases to humans, including but not limited to leptospirosis, salmonellosis, and hantavirus pulmonary syndrome. Beyond the health risks, rodents can inflict damage on property and food supplies, resulting in substantial financial losses for businesses and homeowners annually.
The global rodent control market growth analysis covers an in-depth study of North America, Europe, Asia-Pacific, and Rest of World. Asia-Pacific is expected to grow with the highest CAGR over the forecast period. In the Asia-Pacific region, rodent control companies are progressively integrating cutting-edge technologies into their operations, with a notable emphasis on digital pest management systems and ultrasonic rodent repellers.
These advanced technologies surpass the efficacy and efficiency of traditional rodent control methods, aligning with a heightened focus on environmental sustainability. Governments in the Asia-Pacific region are becoming increasingly aware of the threat posed by rodents to public health. This is leading to increased government spending on rodent control programs.
The competitive landscape in the global rodent control market is anticipated to intensify and is poised for further escalation throughout the forecast period. Prominent industry players such as Bayer AG, BASF SE, and Pelgar International etc., play pivotal roles in shaping the dynamics of the global market.