Rodent control: an enormous global market in search of alternatives
Despite all efforts to control them, rodents are a persistent problem resulting in over $27 billion in annual losses in the United States alone. They cause infrastructure damage, crop loss, food contamination and disease. In SouthEast Asia, 1/3 of the rice crop is damaged by field rice rats. A mere 10% increase in rice production would feed an additional 380 million people.
Traditional methods are not sustainable
There has been no innovation or change in rodent control since the Middle Ages, and the world still has a growing rat problem. The primary products used to manage rodent populations are lethal rodenticides. Current methods are not sustainable and the search for alternatives has become more urgent.
Rat poisons may enter the ecosystem where they can become toxic to the environment, pets and wildlife if not used as directed. According to the American Association of Poison Control Centers, between 12-15,000 children are accidentally poisoned yearly in the U.S. alone. Killing rats does not result in a sustained population reduction. It often creates a rebound effect: surviving rats can reproduce even faster and neighboring rats can move in.
In recent years, the EPA has been placing increasing restrictions on lethal rodenticides, particularly anticoagulants. U.S. cities and municipalities have also begun to restrict their use.
A market worth $1.4 billion in the U.S. and $45 billion worldwide
Annual sales of rodenticides in the United States can be estimated to be $1.4 billion. In other nations, crop damage by rats impacts both human survival and that of various endangered species. Globally, over $40 billion is spent on rodent control. SenesTech expects to be in a position to capture a meaningful share of both the U.S. market (after we obtain EPA Registration) and the global market with our urban and agricultural products.