The worldwide rodenticides market is being driven by the influence of environmental variations on rodent proliferation. The market is highly dependent on changing climatic conditions, as global warming alters the population trends of rodents and their habitats, as rats breed more commonly in warmer climates. Climate change is linked to the spread of rodent populations, which is a major international public health issue.
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Rodenticides are used in domestic spaces, agricultural production fields, and warehouses to kill and deter rodents from places prone to harm by rats, mice, chipmunks, hamsters, and other similar species. People relocating from rural to urban regions provide these rats and rodents with a place to live near people. This necessitates the use of rodenticides to eliminate the rats and rodenticides. Furthermore, people’s awareness of health and cleanliness is growing, resulting in increased use of rodenticides by the general public. Natural rodenticides are non-toxic to pets, humans, and wildlife and are biodegradable. If consumed mistakenly, they do not harm domestic animals or people, and they do not pollute the environment as well. Furthermore, such products are cost-effective because they do not necessitate general handling, storage, transportation, or disposal.
The maximum market share belongs to the North American market. Increased incidences of rodent-borne disease occur from growing rat population densities. As a result of these causes, there are initiatives in place to combat the expanding rodent population in North American countries, leading to the increased use of rodenticides.
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Some of the major key players in the rodenticides market are Bayer AG (Germany), BASF SE (Germany), Rentokil Initial plc (U.K.), Syngenta (Switzerland), Neogen Corporation (U.S.), UPL Limited (India), Liphatech, Inc. (U.S.), Bell Laboratories (U.S.), SenesTech, Inc. (U.S.), Impex Europa S.L. (Spain).
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