Japan Anticoagulant Rodenticides Market Size & Outlook
Japan anticoagulant rodenticides market, 2018-2030 (US$M)
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Japan anticoagulant rodenticides market highlights
- The Japan anticoagulant rodenticides market generated a revenue of USD 26.9 million in 2021 and is expected to reach USD 41.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 5% from 2022 to 2030.
- In terms of segment, 2nd gen was the largest revenue generating product in 2021.
- 1st Gen is the most lucrative product segment registering the fastest growth during the forecast period.
Anticoagulant rodenticides market data book summary
| Market revenue in 2021 | USD 26.9 million |
| Market revenue in 2030 | USD 41.7 million |
| Growth rate | 5% (CAGR from 2021 to 2030) |
| Largest segment | 2nd gen |
| Fastest growing segment | 1st Gen |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 1st Gen, 2nd Gen |
| Key market players worldwide | Neogen Corp, Basf SE, Rentokil Initial PLC, Bayer AG, Syngenta, PelGar International, Liphatech |
Other key industry trends
- In terms of revenue, Japan accounted for 4.0% of the global anticoagulant rodenticides market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China anticoagulant rodenticides market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 41.7 million by 2030.
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Anticoagulant Rodenticides Market Scope
Anticoagulant Rodenticides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan anticoagulant rodenticides market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anticoagulant rodenticides market will help companies and investors design strategic landscapes.
2nd gen was the largest segment with a revenue share of 58.74% in 2021. Horizon Databook has segmented the Japan anticoagulant rodenticides market based on 1st gen, 2nd gen covering the revenue growth of each sub-segment from 2018 to 2030.
Rising rodent population coupled with increasing amount of damage caused by rodents in the country is expected to propel the demand for rodenticides. Rats have been causing economic loss by damaging market areas, residential sector, and nuclear plants, which is anticipated to augment the demand for effective anticoagulant rodenticides over the forecast period.
Amid the COVID-19 pandemic, the Tokyo Pest Control Association (TPCA) registered over 80% of the complaints regarding roof rats among the different species of rats. Roof rats are good climbers and habituated to living in urban environments near humans.
Such factors are expected to trigger the demand for anticoagulant rodenticides, which is likely to drive the market over the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan anticoagulant rodenticides market , including forecasts for subscribers. This country databook contains high-level insights into Japan anticoagulant rodenticides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan anticoagulant rodenticides market size, by product, 2018-2030 (US$M)
Japan Anticoagulant Rodenticides Market Outlook Share, 2021 & 2030 (US$M)
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