Rise in urbanization coupled with exponential growth of population, changes in climatic conditions, and easy availability of rodent control products & services drive the global rodent control market.
The findings of the report states that the global market for rodent control generated a revenue of $2.4 billion in 2019, and is projected to reach $3.9 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants.
Download Free PDF Sample Report (Including COVID-19 effect Analysis) @ https://www.alliedmarketresearch.com/request-sample/6518
The report provides detailed insights on drivers, restrains, and opportunities to help the market players in devising several growth strategies. Rise in health and economic concerns due to the presence of rodents in residential and commercial areas and surge in prevalence of crop protection in agriculture in developing countries are expected to drive the growth of the global rodent control market. On the other hand, stringent regulations on the use of chemical-based rodent control hinder the growth to some extent. However, an extensive use of bio-based rodenticides is expected to create tremendous opportunities in the industry.
The residential segment contributed to the highest market share in 2019, accounting for nearly one-third of the global rodent control market, and is expected to maintain its dominant position in terms of revenue by 2027. Surge in building construction activities in developing areas and government initiative for rodent control in various regions have propelled the growth of the segment. However, the commercial segment is expected to register the highest CAGR of 6.8% during the forecast period. Increase in use of chemical and mechanical methods to eradicate rodents in hospitals, households, farms, and restaurants has significantly fueled the growth of the market.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/6518
The North America region contributed the major market share, accounting for nearly half of the total share of the global rodent control market in 2019, and is estimated to maintain its dominance during the forecast period. The strengthening of the housing market, steadily improving economy, and government initiatives such as vector control programs have fueled the market growth. On the other hand, the Asia-Pacific region is estimated to register a CAGR of 7.5% from 2020 to 2027. This is owing to the expansion of agricultural lands and the number of organic food producers in China and India.
The leading players analyzed in the global rodent control market include Anti cimex, BASF SE, Bayer AG, Ecolab Inc., Senestech Corporation, Syngenta AG, Neogen Corporation, PelGar International, Rentokil Initial Plc, Rollins Inc.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/rodent-control-market/purchase-options
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com