What Has Been the Growth of the Semiochemicals Market So Far?
The semiochemicals market has seen considerable growth due to a variety of factors.
•In the past few years, the market size for semiochemicals has seen a significant increase. The market, valued at $5.33 billion in 2024, is projected to escalate to $6.23 billion in 2025, yielding a compound annual growth rate (CAGR) of 16.9%.
This unprecedented growth during the historic period is owed to factors such as the market's acceptance and increased education, worries about pest resistance, the rising demand for enhanced agricultural productivity, advancements in chemical ecology study, and ongoing developments in formulations.
What Are the Future Growth Projections for the Semiochemicals Market?
The semiochemicals market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for semiochemicals is projected to witness a swift expansion in the coming years, increasing to "$11.41 billion by 2029, a growth rate of 16.3% compounded annually.
Factors like the effects of climate change, investment in research and development, consumer's preference for organic goods, adoption of precision farming, and market development in emerging regions are contributing to this growth expected in the projected duration. Major trends to watch for during this period include increased preference for biopesticides, targeted pest management strategies, integrated pest management (IPM), growth in agricultural practices, advances in pheromone technology, and heightened consumer awareness.
What Factors Are Driving Growth In The Semiochemicals Market?
The semiochemicals market is witnessing substantial growth, largely due to the quick shift towards organic farming. Organic farming is a farming technique that predominantly uses biological fertilizers derived from animal and plant wastes, combined with nitrogen-fixing cover crops and ecologically based insect treatments. As they are naturally occurring organic compounds derived from plants, semiochemicals are extensively used in organic farming for pest management. There's a growing preference for the use of semiochemicals in agriculture because of their proven efficacy and minimal environmental repercussion. The Research Institute of Organic Agriculture (FiBL), a non-profit organization based in Switzerland, reported in 2024 that global sales of organic food and drinks amounted to €135 billion ($145.64 billion) in 2022, a substantial rise from €125 billion ($134.86 billion) in 2021. Given these trends, the semiochemical market is expected to thrive with the speedy acceptance of organic farming methods.
What Are The Main Segments Of The Global Semiochemicals Market?
The semiochemicals market covered in this report is segmented –
1) By Type: Pheromones, Allelochemicals
2) By Crop Type: Field Crops, Orchard Crops, Vegetable Crops
3) By Application: Detection And Monitoring, Mass Trapping, Mating Disruption
Subsegments:
1) By Pheromones: Sex Pheromones, Aggregation Pheromones, Alarm Pheromones, Trail Pheromones
2) By Allelochemicals: Plant Allelochemicals, Microbial Allelochemicals, Fungal Allelochemicals
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What Emerging Trends Are Influencing The Growth Of The Semiochemicals Market?
In the semiochemicals market, technological progression is becoming a vital trend. Large corporations in this field are concentrating on expanding their applications particularly in crucial crops such as rice and wheat. Take for example, Provivi Inc., a biotechnology firm based in the USA, teamed up with Syngenta Crop Protection, a Switzerland-based crop protection company, in March 2022, to introduce Nelvium, a revolutionary mating disruption technology designed for more efficient and safe pest control in rice fields. Pheromone solutions play a crucial role in insect management, guaranteeing that the usage of natural technologies enhances the efficiency and scalability of pest control systems while significantly lowering the occurrence of resistance in pest populations.
Who Are the Key Players in the Semiochemicals Market?
Major companies operating in the semiochemicals market include:
• Shin-Etsu Chemical Co. Ltd.
• Pacific Biocontrol Corp.
• Bedoukian Research
• Suterra LLC
• Pherobank
• Isagro Group
• Certis Europe B.V.
• Corteva Inc.
• Russell IPM Ltd
• Koppert Biological System
• CBC GmbH
• Sumisho Electronics Devices Quality Assurance Ltd.
• Biobest Group NV
• Bioline AgroSciences Ltd.
• Hercon Environmental
• Scentry Biologicals Inc.
• BioPhero A/S
• Laboratorios Agrochem S.L.
• Bioiberica S.A.
• Symbios Technologies Inc.
• BioWorks Inc.
• Sankyo Kasei Co. Ltd.
• Nihon Tokushu Noyaku Seizo Co. Ltd.
• Nippon Soda Co. Ltd.
• Mitsui Chemicals Agro Inc.
• Fumakilla Limited
• Nufarm Limited
• BASF SE
• Bayer AG
• Syngenta AG
• Dow AgroSciences LLC
• DuPont de Nemours Inc.
What Is The Most Dominant Region In The Semiochemicals Market?
North America was the largest region in the semiochemicals market in 2024 and is expected to be the fastest-growing region in the global semiochemicals market report during the forecast period. The regions covered in the semiochemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
