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Global rodenticides market to exceed $900 million by 2019
Jul. 15, 2014
The report "Rodenticides Market by Type, by End User & by Geography - Global Trends& Forecasts to 2019" shows that the rodenticides market is projected to be valued above $900 million by 2019.
The rodenticides market is driven by the growth in demand for food grains and increasing concerns by farmers regarding food wastage. Rodenticides are also being implemented by integrated pest management programs.
Pest control companies were the largest end users of rodenticides in 2013. Geographically, the Asia-Pacific region was the largest rodenticides market in 2013.
The rodenticides market is a fragmented market with the leading companies driving the market growth with new product launches. Key players are Syngenta AG, BASF SE, and Bayer CropScience, which have adopted new product launches as their key development strategies.
Source: MarketsandMarkets (M&M)
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