Rodenticides Market

Market Leader - Rodenticides Market

The rodenticides market is estimated to be valued at USD 4.7 billion in 2019 and is projected to reach USD 5.9 billion by 2025, at a CAGR of 3.7% during the forecast period. The growth of the rodenticides market is driven by factors such as the increasing rodent population at the global level and the increasing awareness towards health and hygiene.

BASF SE (Germany) is one of the leading manufacturers of a wide range of chemical pesticides, and recently in 2019, the company has segmented its business into six segments, namely, chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. BASF provides innovative active ingredients and technologies in a wide range of proven pest control products to eradicate pests, such as bed bugs, termites, ants, flies, and rats; and offer innovative formulations of insecticides and rodenticides that possess a high level of efficacy.  The company’s dedicated R&D facilities work towards introducing new products to expand their influence in the market. For instance, in April 2018, the company introduced a new rodenticide; Selontra rodent bait, a soft bait formulation based on cholecalciferol for rodent control. BASF focuses on geographical expansions, especially in the emerging markets of the Asia Pacific and African regions. The company, through its well-established supply network, distributes its rodenticide products across all geographies either directly or through service providers.

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Rentokil Initial plc (UK) provides business support services through its operation segments—pest control, hygiene, and protect and enhance. The pest control business provides services and products under the Rentokil Pest Control brand name. Rentokil has operations in 75 countries across North America, Europe, the UK, and Asia Pacific. The company has a range of services in the agricultural field, property care, medical, and specialist hygiene. Rentokil also provides a range of pest control services from rodents to flying and crawling insects, to other forms of wildlife management. Moreover, the company shares a relation with other players in the market such as BASF (Germany), Bayer (Germany), and Bell Laboratories (US), as the company is engaged into supplying competitor’s products, along with its own production. Acquisitions was the most preferred strategy adopted by the company to maintain its market position and also expand its business geographically. For instance, its recent acquisition of PCI (India) helped the company tap the emerging market in Asia Pacific.

Anticimex (Sweden) is an innovative and emerging company that has developed a digital service for rodent control named Anticimex SMART. Anticimex is the modern pest control company serving the market for 80 years. The company serves around 3 million commercial and residential customers and has a presence in about 18 countries. The company caters to the demands of businesses and individual customers, with its new technologies and sustainable pest control solutions. The services offered by the company are divided as digital pest control, pest control, building environment, and hygiene. Like Rentokil, Anticimex has also acquired local pest control service companies to expand its business.

Related Reports:

Rodenticides Market by Type (Non-Anticoagulants, Anticoagulants (FGAR, SGAR)), End-Use Sector (Agricultural Fields, Warehouses, Urban Centers (Residential, Commercial)), Mode of Application (Pellets, Sprays, Powders), and Region - Global Forecast to 2025

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Report Code
AGI 2538
RI Published ON
6/6/2019
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