Global Rodenticides Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Rodenticides industry revenue is expected to be around $6.0 billion in 2025 and expected to showcase growth with 6.4% CAGR between 2025 and 2034. These potent substances play a crucial role in safeguard food security enhancing public health and protecting infrastructure from the harmful effects of rats, mice and other similar pests. They are progressing beyond chemicals for rat extermination to becoming essential components, in various industries highlighted by their market importance that goes beyond their traditional function.
Rodenticides are a variety of substances created mainly to eliminate rodents. Have gained recognition for their versatility and effectiveness as well as the availability of environmentally friendly options in recent times due to increased urbanization and rising worries, about food waste and public health concerns driving the growth of the rodenticide industry.
Market Key Insights
- The Rodenticides market is projected to grow from $5.6 billion in 2024 to $10.4 billion in 2034. This represents a CAGR of 6.4%, reflecting rising demand across Agricultural Pest Control, Urban Pest Control and Wildlife Management.
- BASF SE, Bayer Cropscience AG, Rentokil Initial Plc are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Rodenticides market and are expected to observe the growth CAGR of 4.2% to 6.1% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 7.4% to 8.8%.
- Transition like Shift to Organic Rodenticides has greater influence in United States and Germany market's value chain; and is expected to add $284 million of additional value to Rodenticides industry revenue by 2030.
- The Rodenticides market is set to add $4.8 billion between 2024 and 2034, with manufacturer targeting Pest Control Agencies & Residential End User projected to gain a larger market share.
- With Increasing demand in agriculture sector, and Innovation and technological advancements, Rodenticides market to expand 86% between 2024 and 2034.