Anticoagulant Rodenticides Market

Anticoagulant Rodenticides Market Outlook (2024 to 2034)

The global anticoagulant rodenticides market was valued at US$ 744.7 million in 2023 and expand at a CAGR of 3.4% to end up at US$ 1,075.7 million by 2034.

The market for anticoagulant rodenticides has several drivers, which include growing urbanization, agriculture practices, and a growing demand for pest control inside homes, businesses, and farms.

As the population increases and people stay together in cities, their possibility of encountering rodents will become greater, and a growing demand for effective products controlling rodents will be inevitable. For agriculture, rodenticides protect crops and grain from damage by hungry rodents.

The two major classes of anticoagulant rodenticides are the first-generation and the second-generation anticoagulants. The former type needs several feedings to work effectively, while the latter type is more potent because it kills rodents after only one feeding; it is also the commonly used option in severe infestations.

There are also different product forms offered such as pellets, baits, and blocks that ensure the application is easily made at the intended locations. Other than their use in commercial and agricultural sites, anticoagulant rodenticides are very common in domestic use because they keep houses and household’s pest-free.

• Between 2024 and 2034, the application in Agriculture field is expected to produce an absolute dollar opportunity US$ 315.3 million.
• In 2024, the Pellets holding a 45.2% market share in the anticoagulant rodenticides by form type are estimated to be worth US$ 348.1 million.

Report Attributes	Details
Market Size (2023A)	US$ 744.7 million
Estimated Market Value (2024E)	US$ 770.0 million
Forecasted Market Value (2034F)	US$ 1,075.7 million
Global Market Growth Rate (2024 to 2034)	3.4% CAGR
North America Market Share (2024E)	32.7%
East Asia Market Growth Rate (2024 to 2034)	3.7% CAGR
China Market Growth Rate (2024 – 2034)	3.8% CAGR
Key Companies Profiled	Bayer AG; BASF SE; Syngenta AG; FMC Corporation; UPL Limited; Ecolab; Rentokil Initial plc; Neogen Corporation; ADAMA; Valent Biosciences LLC; Bell Laboratories; Other Prominent Players

Sales Analysis of Anticoagulant Rodenticides (2019 to 2023) vs. Market Forecasts (2024 to 2034)

The Anticoagulant Rodenticides market grew at a growth rate of 3.2% from 2019 to 2023, and by the end of 2023, it was valued at US$ 744.7 million. The sales of anticoagulant rodenticides saw steady growth during this period. This was driven by a rise in rodent populations in urban areas, increased awareness of pest control, and stricter health regulations.

Regions with a high density of population and agriculture, such as North America and East Asia Market showed significant demand for these products. The use of technology in pest control (like smart traps and monitoring systems) will definitely grow.

Historical Report Attributes	Details
Market Size (2019A)	US$ 656.5 million
Market Size (2023A)	US$ 744.7 million
Historical CAGR (2019 to 2023)	3.2%
Forecasted CAGR (2024 to 2034)	3.4%

• Short Term (2024 to 2027): In the short term, the Anticoagulant Rodenticides market will continue on a growth path supported by demand in agricultural field and warehouses. Further focus would be given by the manufacturers towards the concentrate on their R&D investments on improving best performance. Regionally, emerging economies in North America and East Asia would see rapid growth with increased industrialization and increased demand from consumers for products.
• Medium Term (2027 to 2030): During the medium term, the prospects of anticoagulant rodenticides are expected to be dominated by a strong growth spurt as a result of R&D investments and expansion in various applications. There will be improved effectiveness of the product due to incorporating raw materials and also to improve the effectiveness and safety of products used to control rat and mouse populations. These means companies develop the chemicals that are effective and less harmful for use. There are more new opportunities for upgrading in different segments like blocks, powder, pallets, as well as liquid.
• Long Term (2030 to 2034): In long a period, the anticoagulant rodenticides market built a sustainable approach to rodent control that balanced human needs with environmental health while protecting our ecosystem conditions. Also, new innovation will open up a more sustainable, responsible, and effective approach to rodent management, ensuring that anticoagulant rodenticides evolve to meet both market demands and ecological considerations.

According to Fact.MR, the market size for anticoagulant rodenticides in 2024 is expected to be valued at around US$ 770.0 million. The demand would experience a growth of about 3.4% over this period to attain an estimated US$ 1,075.7 million by 2034.

Market Dynamics

What driving forces influence the demand for Anticoagulant Rodenticides?

"Urbanization and Population Growth Drive Increased Demand for Rodent Control."

The global anticoagulant rodenticides market is projected to rise at a growth rate of 3.4% during the forecast period. The major factor for the demand of anticoagulant rodenticides is rapid urbanization and population growth. Migrants move to urban centers for better employment and living conditions, which creates a high density of housing.

The urban environment itself provides ideal conditions for the rodents, including ease of access to food, nesting sites, and shelter. The chances of invading homes, businesses, and public spaces go hand in hand with expanding cities. Anticoagulant rodenticides are also used in agriculture fields, warehouses, as well as commercial places. In agricultural field because of the rodents, farmer bears big losses.

In denser cities, the risk of rodent infestations is significant because the household, restaurant, and industry wastes are sufficient food for the pests. Rodents are connected with the serious health issues; they have lots of viruses which are dangerous for the human being.

The estimated net worth of North America Anticoagulant rodenticides, with a compound annual growth rate of 3.8%, is around US$ 251.8 million in 2024.

“Agricultural Practices Highlight the Need for Enhanced Rodent Management”

Agricultural practices and growing importance of food security are two of the major reasons linked to anticoagulant rodenticides. Agriculture, after all is a direct connection to the need for rodent control. Rodents have destroyed crops, entered storage areas, and degraded the quality of agricultural products. All these factors can adversely impact farmers' yields and profit, leading to the consequences on the food supply chains.

As the population of the globe increases, pressure on agricultural productivity increases along with demand for food. These rodenticides are effective and enable growers to reliably limit their economic loss while securing livelihoods and supporting the food supply chain.

What are the Primary Constraints Faced by the Market Competitors for Anticoagulant rodenticides?

“Environmental awareness and regulatory compliance regarding impact on environment from rodenticides”

Critical issue about rodenticides, especially anticoagulants, is secondary poisoning. This occurs when the predators, such as owls, hawks, and other wildlife, ingest a poisoned rodent. As these birds and animals feed on the poisoned rodents, the poisonous chemicals could accumulate in their bodies and cause severe health conditions and eventually death.

This process illuminates the interconnectedness of ecosystems and brings to attention the long-term impacts from using these chemicals. The wildlife conservation groups and environment organizations are calling for increased regulation and safer alternatives as compared to traditional rodenticides.

Some countries have banned the use of second-generation anticoagulants since they are so toxic that they can kill with one feeding. These also increase the risk to non-target species. First-generation anticoagulants, on the other hand, are promoted by the regulators since they cannot cause secondary poisoning because several feedings are required before these become effective. These are still risky if not used appropriately.

Country-wise Insights

Country-wise Forecast CAGRs for the Anticoagulant Rodenticides Market

Country	CAGR
U.S.	3.9%
China	3.8%
Japan	4.1%
South Korea	2.6%

Which countries expect to have a rise in demand for Anticoagulant Rodenticides?

“U.S. Sees Growing Demand for Anticoagulant Rodenticides Amid Increasing Urbanization and Health Concerns"

In particular, the United States has a sizable market for anticoagulant rodenticides, and the business is projected to expand at an annual growth rate of 3.9% between 2024 and 2034.

A remarkable rise in demand for anticoagulant rodenticides is on the anvil in the United States due to factors like rapid urbanization, growth of populations, and heightened consciousness towards public health issues as rodent infestations tend to raise concerns among many citizens. The growth in population and cities would elevate the chances of rodent infestation in residential as well as commercial places. High-density living environment provides rodents with food and shelter.

The health hazards from rodents are increasingly identify in the U.S., especially concerning the transmission of diseases like Hantavirus, leptospirosis, and salmonella. This awareness is compelling the business sector, especially that of food service and retail, to invest in better rodent control measures to preserve their products and maintain trust from consumers.

U.S. market will have a value of US$ 180.0 million by 2024, with a total absolute dollar opportunity worth US$ 84.3 million between 2024 and 2034.

Why is China potentially a profitable market for anticoagulant rodenticides?

“Rapid urbanization across the country is expected to drive the market for Anticoagulant Rodenticides”

The China market is expected to increase at a compound annual growth rate of 3.8% between 2024 and 2034.

The agriculture industry and the growing domestic demand in China, particularly for better-quality chemicals that satisfy their consumers' growing demands, are two major factors. One of the world's biggest manufacturers of food is China. Farmers must keep rats away from their crops because they can eat and damage grains and other foods.

Using rodenticides with anticoagulants can help protect crops. People are more inclined to look for efficient ways to manage rat populations as they become more conscious of these health concerns. Better and safer rodent poisons are being developed by innovative companies. These developments increase the effectiveness and use of anticoagulant rodenticides, which increases market appeal.

The anticoagulant rodenticide market in China is expected to reach a value of US$ 185.6 million by 2034.

Category-wise Insights

Which form type segments plan to generate high demand for anticoagulant rodenticides?

“Pellet forms are expected to hold the largest share of the form types.”

The pellets form type drove the market and allowed for an 3.5% growth rate in 2024.

Pellets are solid forms of the anticoagulant that can be scattered in problem areas or placed in bait stations. There are growing regulations around the use of rodenticides to ensure safety (especially regarding non-target species), encouraging the adoption of safer and more contained forms like pellets.

In addition, many users are now adopting IPM practices, which often include the use of anticoagulant rodenticides as part of a comprehensive pest control strategy. Pellets fit well into these strategies due to their effectiveness and ease of integration. Pellets work well, but it's important to consider how they affect the ecosystem.

When non-target species, especially birds of prey, consume poisoned rodents, misuse or incorrect placement might result in secondary poisoning. Therefore, mitigating environmental dangers requires responsible usage and respect to norms.

According to projections, the worldwide Rodenticides pellet type segment category will generate value of US$ 348.1 million by 2024.

Competitive Landscape

The market expansion for anticoagulant rodenticides is being driven by prominent companies such as Bell Laboratories, UPL Limited, ADAMA Agricultural Solutions Ltd., BASF SE, Bayer AG Ecolab, Valent Biosciences LLC Chemical Group, Rentokil Initial plc, FMC Corporation, Syngenta AG, Neogen Corporation, and others.

These significant businesses strengthened their positions in the market for anticoagulant rodenticides by a range of major methods, including product launches, mergers and acquisitions, expansions, and agreements. Major attention was paid to the deals and expansions.

• On February 2022, Syngenta unveiled a new environmentally friendly anticoagulant rodenticide made of natural components. Syngenta is aware of the growing resistance to certain anticoagulant rodenticides, its consequences, and the necessity of creative methods for efficiently controlling rodent populations.
• On April 2022, BASF launched new insecticide to help farmer’s crops from key insect’s pests. This helps improve rodent control year-round. A valuable aspect of Exponus insecticide is its ability to be effective on the toughest resistant insects by spreading and acting fast controlling of multiple insects.

Fact.MR has provided detailed information about the price points of key manufacturers of Anticoagulant rodenticides positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Anticoagulant Rodenticides Market

• By Type :

  • First-generation anticoagulants
    • Warfarin
    • Chlorophacinone
  • Second-generation anticoagulants
    • Bromadiolone
    • Difenacoum

• By Form :

  • Pellets
  • Blocks
  • Powder
  • Liquid

• By Application :

  • Agricultural fields
  • Warehouses
  • Urban centers
  • Residential areas
  • Commercial spaces

• By End-User :

  • Agricultural fields
  • Warehouses
  • Urban centers
  • Residential areas
  • Commercial spaces

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa