DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Rodenticides Market by Type, End User, Mode of Application, and Region - Global Forecast to 2022" report to their offering.
The rodenticides market is projected to reach USD 1.23 billion by 2022 at a CAGR of 3.76% from 2016.
The market is driven by factors such as awareness of preventing the losses caused due to rodent attack and minimizing the rodent infestation. With the increase in disposable income, the demand for a hygienic environment increases, thus driving the demand for advancements in rodenticides products. Regulatory requirements such as environmental protection laws and changing government policies across diverse regions are the restraining factors for rodenticides product manufacturers and service providers.
The rodenticides market, on the basis of type, has been segmented into non-anticoagulant, coagulant, and others (phosphides). The non-anticoagulant rodenticide segment is projected to grow at the highest CAGR during the forecast period. Increase in the demand for quality produce and reduction in losses of commodities due to rodent infestation led to the growth in demand for rodenticides.
The increase in food dependence on the agricultural sector and rise in concerns regarding modern rodenticides practices, in China and India, and demand for maintaining hygienic environmental conditions are expected to fuel the growth of the rodenticides market in the Asia-Pacific region. China and India are among the top five countries producing rice and wheat. As the production of these commodities is high, these countries need rodenticide products to avoid post-harvest losses.
- BASF SE
- Bayer AG
- Bell Laboratories Inc.
- Impex Europa S.L.
- Liphatech, Inc.
- Neogen Corporation
- Rentokil Initial PLC
- Senestech Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Rodenticides Market, By Type
7 Rodenticides Market, By End User
8 Rodenticides Market, By Mode of Application
9 Regulatory Framework
10 Rodenticides Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/5bbs4t/rodenticides