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Showing posts with the label Rodenticides Market

Exploring Regional Trends in the Rodenticides Market: Key Growth Insights

  In 2022, the global rodenticides market was valued at USD 5.27 billion, with a projected compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. This growth is driven by factors including the rising prevalence of rodent-borne diseases, a surge in the global rodent population, increasing demand for pest control, and the availability of natural rodenticide options. For example, the 2019 American Housing Survey revealed that out of 124 million occupied homes in the United States, 14.8 million reported rodent sightings within the past year, underscoring the demand for effective rodent control. Concerns about economic losses due to rodent damage in agriculture are further fueling demand. However, environmental concerns around chemical rodenticides and their potential adverse effects on humans and non-target species are expected to limit demand. In response, the use of these products is regulated under strict guidelines, especially in regions like North America and Europe. In the...

Rodenticides Market size is anticipated to reach USD 8.13 billion by 2030

  The global rodenticides market was valued at USD 5.27 billion in 2022 and is projected to experience robust growth at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Several key factors are contributing to this positive outlook, including the escalating incidence of pest-related diseases, a rapidly increasing rodent population, heightened demand for effective pest control solutions, and the growing availability of natural rodenticides. Market Drivers Prevalence of Pest-Related Diseases: The rising incidence of diseases linked to pest infestations poses significant public health risks, creating a pressing need for effective rodent control measures. Surging Rodent Population: Urbanization and changing environmental conditions have contributed to a significant increase in rodent populations, necessitating comprehensive pest management strategies to mitigate their impact. Rising Demand for Pest Control: With the awareness of the risks posed by rodent infestations grow...

Exploring the Applications of Rodenticides: Market Insights and Trends 2023 to 2030

  The global rodenticides market was valued at USD 5.27 billion in 2022, with projections indicating a steady growth at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Several key factors are driving this growth, including the increasing prevalence of diseases spread by pests, the rising rodent population, and the growing demand for effective pest control solutions. Additionally, the availability of natural rodenticides is helping to meet consumer preferences for eco-friendly options. Data from the 2019 American Housing Survey revealed that out of 124 million occupied homes in the United States, 14.8 million households reported seeing mice or rats indoors within a year. This statistic underscores the growing need for rodent control solutions. One of the major drivers of market growth is the economic impact of rodent-related damage, particularly in agricultural fields. Rodents destroy crops, stored grain, and farming equipment, leading to significant losses. This con...

Rodenticides Market anticipated to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030

  Rodenticides Industry Overview The global rodenticides market size was valued at USD 5.27 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030.Factors such as the increasing prevalence of pest-related diseases, a surging rodent population, rising demand for pest control, and the availability of natural rodenticides are likely to be major drivers of market growth. According to the 2019 American Housing Survey, among the 124 million occupied homes in the United States, 14.8 million reported seeing mice or rats inside the house over the course of a year. Gather more insights about the market drivers, restrains and growth of the  Rodenticides Market Rising concerns regarding economic losses associated with damages caused by rodents in agricultural fields are likely to drive growth over the coming years. However, environmental concerns over the use of chemicals and their ill effects on humans and other living beings are like...