2028 Semiochemicals Industry Report Growth Forecasts

Stratistics MRC’s Global Semiochemicals Market value expected to reach $11.55 billion growing at a CAGR of 16.7% during 2020-2028.

Semiochemicals are biological pesticides, which makes them environmentally as well as organically safe. The term semiochemical is derived from the Greek word “semeon” which means sign or signal. Semiochemicals have the advantage of being used to communicate message over relatively long distances compared with other insect means of communication such as touch. Semiochemicals have different molecular weights depending on carbon chain. They are biologically active at very low concentration in the environment, thus their chemical characterization is complicated.
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By geography, North America is going to have high growth during the forecast period. Due to rise in the adoption of integrated pest control systems for sustainable agriculture. Besides that, the rise in food trade within the region increases the demand for high yielding of good quality food in nations such as Canada, Mexico, and the US. The presence of a large cultivation area provides space for high-value plantation, and this is further anticipated to help this region continue earning high semiochemicals market share in the forecast period as well.

Some of the key players profiled in the Semiochemicals Market include Bedoukian Research, Biocontrol Corp, CBC (Europe) S.r.l, Certis, Corteva Agriscience, Isagro Group, Koppert Biological Systems, Pacific Biocontrol Corp, Pherobank, Rusell IPM, SEDQ, Shin-Etsu and Suterra.
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