Dec 30, 2021   SOURCE: BusinessWire

Global Anticoagulant Rodenticides Markets Report 2021-2028: Focus on 1st Generation, 2nd Generation, Pellets, and Blocks - ResearchAndMarkets.com

The "Global Anticoagulant Rodenticides Market Size, Share & Trends Analysis Report by Product Type (1st Generation, 2nd Generation), Form (Pellets, Blocks), Application, Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

The global anticoagulant rodenticides market size is expected to reach USD 849.2 million by 2028 and is expected to expand at a CAGR of 3.3% from 2021 to 2028. The growth is majorly driven by rising demand for rodent control products to control the growing rodent population and efforts to prevent diseases caused by them.

The future growth of 1st and 2nd generation anticoagulant rodenticides, both in terms of volume and revenue, is highly dependent on the awareness among consumers regarding the safety of the products and government regulations. 2nd generation anticoagulant rodenticides, also known as single-dose anticoagulants, are highly preferred by consumers around the world owing to their superior potency as compared to 1st generation anticoagulant rodenticides.

These products are majorly used in agricultural applications and households, as well as by pest control companies and warehouses. The demand pattern for these products for various end-use applications is highly dependent on the regional regulations imposed by the government considering the toxicity as well as efficiencies. As the global supply of staples such as wheat, rice, and coarse grains has been on the rise, it is expected to result in increased consumption of the product across the world over the forecast period.

Shut down of warehouses consisting of food products, electronic goods, and others along with disruptions in production and sales of rodent control products amid COVID-19 lockdown resulted in serious economic losses. However, a complete recovery of the market is expected by the end of the fourth quarter of 2021, and the stabilization of the global industrial sector will also reflect an increasing demand for rodent control products.

Anticoagulant Rodenticides Market Report Highlights

  • The 1st generation anticoagulant product type segment accounted for a revenue share of more than 41% in 2020, owing to its ability to break down faster as compared to 2nd generation anticoagulant
  • The block form accounted for the highest share of 46.8% as of 2020, as blocks are a more suitable form of using anticoagulant rodenticides than other forms, as rodents like to bite on hard substances
  • The use of anticoagulant rodenticides in the powdered form is anticipated to increase over the coming years, owing to its solubility in water, as compared to sprays that increase the chances of secondary poisoning in birds and humans
  • The pest control companies segment dominated the market with the highest revenue share of approximately 37.0% owing to rising demand for rodent control products and services in several applications including warehouses, houses, commercial buildings, and others
  • As of 2020, the warehouse application segment accounted for a revenue share of approximately 20%; this share is expected to increase over the coming years as rodent prevention is one of the most important steps in the warehouse facilities to keep up the operations and focus on maximizing the profits

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

2.1 Market Snapshot

2.2 Segmental Outlook

2.3 Competitive Insights

Chapter 3 Anticoagulant Rodenticides: Market Variables, Trends & Scope

3.1 Market Lineage Outlook

3.1.1 Global Rodenticide Market Outlook

3.2 Penetration & Growth Prospect Mapping

3.3 Industry Value Chain Analysis

3.3.1 Active Ingredient Trends

3.3.2 Manufacturing & technology Trends

3.4 Price Trend Analysis, 2017 - 2028

3.4.1 Factors Influencing Prices

3.5 Regulatory Framework

3.5.1 Safety Information (Accidental Ingestion or Intentional Ingestion, etc.)

3.6 Market Dynamics

3.6.1 Market Driver Analysis

3.6.1.1 Growing rodent population

3.6.1.2 Increasing demand for rodent control

3.7. Market restraint Analysis

3.7.1 High toxicity and secondary poisoning risks of synthetic rodenticides

3.7.2 Industry challenges

3.8 Impact of COVID-19 Pandemic

3.9 Trade Analysis (HS Code 380899: Rodenticides and Similar Products)

3.9.1 Trade Balance Assessment, by Country/Region

3.9.2 Net Importers, key Country Analysis (USD Million)

3.9.3 Net exporters, key Country Analysis (USD Million)

3.10 Business Environment Analysis

3.10.1 Industry Analysis - Porter's

3.10.2 PESTEL Analysis

Chapter 4 Anticoagulant Rodenticides Market: Product Type Estimates & Trend Analysis

4.1 Product type movement analysis & market share, 2020 & 2028 (USD Million)

4.2 Anticoagulant rodenticides market size & forecasts and trend analysis by product type, 2017 - 2028 (Tons) (USD Million)

4.2.1 1st Generation Anticoagulant

4.2.2 2nd Generation Anticoagulant

Chapter 5 Anticoagulant Rodenticides Market: Form Estimates & Trend Analysis

5.1 Form movement analysis & market share, 2020 & 2028 (USD Million)

5.2 Anticoagulant rodenticides market size & forecasts and trend analysis by form, 2017 - 2028 (Tons) (USD Million)

5.2.1 Pellets

5.2.2 Blocks

5.2.3 Powders & Sprays

Chapter 6 Anticoagulant Rodenticides Market: Application Estimates & Trend Analysis

6.1 Application movement analysis & market share, 2020 & 2028 (USD Million)

6.2 Anticoagulant Rodenticides market size & forecasts and trend analysis by application, 2017 - 2028 (Tons) (USD Million)

6.2.1 Agriculture

6.2.2 Pest Control Companies

6.2.3 Warehouses

6.2.4 Urban Centers

6.2.5 Household

Chapter 7 Anticoagulant Rodenticides Market: Regional Estimates & Trend Analysis

7.1 Global Anticoagulant Rodenticides movement analysis & market share, 2020 & 2028 (USD Million)

7.1.1 Global Anticoagulant Rodenticides Market Estimates and Forecasts, by Product Type, 2017 - 2028 (Tons) (USD Million)

7.1.2 Global Anticoagulant Rodenticides Market Estimates and Forecasts, by Form, 2017 - 2028 (Tons) (USD Million)

7.1.3 Global Anticoagulant Rodenticides Market Estimates and Forecasts, by Application, 2017 - 2028 (Tons) (USD Million)

Chapter 8 Competitive Landscape

8.1 Recent Developments & Impact Analysis, By Key Market Participants

8.2 Key Innovators, Market Leader, and Emerging Players

8.3 Vendor Landscape

8.4 Competitive Environment

8.5 Strategy Framework

Chapter 9 Competitive Landscape

  • BASF SE
  • Bayer AG
  • Syngenta Crop Protection AG
  • PelGar International
  • Rentokil Initial plc
  • UPL
  • Bell Labs.
  • Kalyani Industries Limited
  • Heranba Industries Ltd.
  • NEOGEN Corporation
  • Liphatech, Inc.

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