Latin America Anticoagulant Rodenticides Market Size & Outlook
Latin America anticoagulant rodenticides market, 2018-2030 (US$M)
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Latin America anticoagulant rodenticides market highlights
- The Latin America anticoagulant rodenticides market generated a revenue of USD 63.4 million in 2021.
- The market is expected to grow at a CAGR of 3.4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 63.4 million |
| Market revenue in 2030 | USD 85.9 million |
| Growth rate | 3.4% (CAGR from 2021 to 2030) |
| Largest segment | 2nd gen |
| Fastest growing segment | 1st Gen |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Latin America region accounted for 9.3% of the global anticoagulant rodenticides market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 261.5 million by 2030.
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Anticoagulant Rodenticides Market Scope
Anticoagulant Rodenticides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 59.31% in 2021. Horizon Databook has segmented the Latin America anticoagulant rodenticides market based on 1st gen, 2nd gen covering the revenue growth of each sub-segment from 2018 to 2030.
South American countries such as Brazil and Colombia are affected by wide losses in agricultural crops on account of rodents. Rodents are the major reason for crop damage, reduction in food production, and disease transmission.
For instance, Colombia is one of the countries that is most affected by rodents in South America. Rising rodent population in the region is a limiting factor for the development or introduction of some crops such as maize, wheat, and others.
Moreover, economic losses caused by rodents include the damage of oil-producing & cereal crops, grains, and vegetables. In Central Argentina, poultry farms are often infested by house mouse commonly known as Mus musculus L., which is one of the most harmful pests in the world.
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Our clientele includes a mix of anticoagulant rodenticides market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America anticoagulant rodenticides market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America anticoagulant rodenticides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America anticoagulant rodenticides market size, by country, 2018-2030 (US$M)
Latin America Anticoagulant Rodenticides Market Outlook Share, 2021 & 2030 (US$M)
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