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Rodenticides Market : New Revenue Pockets
The rodenticides market includes anticoagulants, non-anticoagulants, and others that include non-chemical, natural rodenticides. The growth in demand for food grains and rising farmer awareness regarding food wastage due to rodents is driving the rodenticides market.
The key players in the rodenticides market have taken to introducing new bait formulations that can be used for effective rodent control. The new product launches drive the market growth. The use of natural rodenticides can also offer growth opportunities in the market. The leading rodenticide players also concentrate on offering non-chemical rodenticides for extending their product portfolios.
The emerging markets of Asia-Pacific, such as China and India, have further opened new opportunities in the rodenticides market. The leading rodenticides players focus on expansions to tap the potential of the emerging markets. The economic development of emerging countries has improved the food consumption and demand for food grains that can provide new opportunities in the market.
Rodenticides Market by Type (Anticoagulants, Non-Anticoagulants, and Others), by End User (Agricultural Field, Warehouses, Pest Control Companies, Urban Centers, and Others) & by Geography - Global Trends & Forecasts to 2019
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