Market Data Forecast

Market Data Forecast Says Rodenticides Market Expected Huge Growth in Future

The Global Rodenticides Market was worth USD 0.95 billion in 2016 and is projected to be growing at a CAGR of 3.9%, to touch USD 1.21 billion by 2021

 

Hyderabad, India -- (SBWIRE) -- 03/19/2018 -- According to a new market research report " Rodenticides Market By Type (Non-Anticoagulant, Anticoagulant), By Mode Of Application (Pellets, Powders, Sprays), By End User (Agricultural Fields, Urban Centres, Warehouses, Pest Control Companies, Household Consumers), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)", published by MarketDataForecast™, the market is expected to reach USD 1.21 Billion by 2021 from USD 0.95 Billion in 2016, at a CAGR of 3.9%. Factors driving the growth of this market is the increased demand for agricultural sector.

Browse Market Data Tables and Figures spread through 168 Pages and in-depth TOC on " Rodenticides Market"
https://www.marketdataforecast.com/market-reports/global-rodenticides-market-2631/
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Non-Anticoagulant rodenticides segment account for the largest market share in 2016
By type, the Rodenticides Market is classified into Non-Anticoagulant, Anticoagulant. The Non-Anticoagulant rodenticides segment dominated the global Rodenticides Market in 2016. Factors driving the growth of this segment are because they are referred as acute toxicants and more effective in rodent infestation.

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The biggest share in this market in 2016 is contributed by the pellets segment
By mode of application, the market is segmented into Pellets, Powders, Sprays. The biggest share by volume of the global Rodenticides Market is contributed by pellets segment in 2016. Because of suffocation by direct contact, pellets are a more successful alternative compared to others.
The biggest share of the market in 2016 is contributed by Agricultural fields segment
Depending on type of end users, the Rodenticides Market is classified into Urban Centres, Agricultural Fields, Pest Control Companies, Warehouses, Household Consumers. The highest share of the global Rodenticides Market in 2016 is contributed by the agricultural fields segment. Various initiatives made by government to improve agricultural sector is assisting the growth in rodenticides market.

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North America commanded the largest share of the market
Based on region, the Rodenticides Market is segmented into North America, Europe, Asia, and Rest of the World (RoW). North America dominated the Rodenticides Market in 2016 followed by APAC. North America is a major producer & exporter of corn and rodenticides are needed for higher yield of corn production owing to its growth in rodenticides market.

Key players in the Rodenticides Market include BASF SE, Neogen Corp., Bayer Crop Science, J.T. Eaton & Co., Impex Europa S.L., Syngenta SA, Liphatech, Pelgar International and UPL Limited.

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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