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Semiochemicals Market Size Forecast: $11.14 Billion by 2029 | Global Outlook
Semiochemicals
What Is the Projected Market Size Valuation of the Semiochemicals Market by 2025?
The market for semiochemicals has expanded at a fast pace in the past few years. The market size, which was $5.33 billion in 2024, will rise to $6.16 billion in 2025, registering a compound annual growth rate (CAGR) of 15.5%. Factors behind the surge during the historic timeframe include the market's acceptance and understanding, worries over pest resistance, a rise in the demand for greater agricultural productivity, studies in chemical ecology, and escalating advancements in formulations.
What Is the Estimated Market Growth Value for the Semiochemicals Industry in 2029?
The market for semiochemicals is projected to expand swiftly in the coming years, reaching a value of $11.14 billion by 2029, courtesy of a compound annual growth rate (CAGR) of 16.0%. The anticipated increase in this period can be credited to the effects of climate change, the influx of investments in research and development, the rising consumer preference for organic products, the implementation of precision agriculture, and market growth in emerging regions. Notable trends during this forecast period encompass a preference for biopesticides, targeted pest control methods, the inception of integrated pest management (ipm), the enlargement of farming practices, advancements in pheromone technology, and heightened consumer awareness.
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What Are the Growth Drivers and Opportunities in the Semiochemicals Market?
The semiochemicals market is experiencing significant growth due to the swift embrace of organic farming. Organic farming, which mainly utilizes biological fertilizers from animal and plant wastes, ecologically-based insect treatments, and nitrogen-fixing cover crops, often employs semiochemicals to control pests because they naturally originate from plants making them compatible with organic farming strategies. The usage of semiochemicals in agriculture has seen a rise because of their efficiency and minimal impact on the environment. For example, in 2024, the Research Institute of Organic Agriculture (FiBL), a non-profit organization located in Switzerland, recorded that the global sales of organic food and drink escalated to €135 billion ($145.64 billion) in 2022, a rise from €125 billion ($134.86 billion) in 2021. Therefore, the quick adoption of organic farming methods is predicted to stimulate the semiochemical market.
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What Are the Primary Segments Covered in the Global Semiochemicals Market Report?
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
What Are the Top Growth Trends in the Semiochemicals Market?
In the semiochemicals market, the predominant trend is technological innovation. To enhance their applications on major crops such as rice and wheat, key players in the market are concentrating their efforts. For example, Provivi Inc., a US-based biotech firm, joined forces with Switzerland's Syngenta Crop Protection in March 2022 to introduce Nelvium, a revolutionary pest management solution for rice. This technology disrupts mating patterns, providing a more effective and secure pest control method. These pheromone solutions play a crucial role in insect control, and the use of natural technologies helps to amplify the efficiency and reach of pest management strategies, while also significantly curbing the rise of pest resistance.
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Which Companies Are Shaping the Future of 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.
Which Region Holds the Largest Market Share in the Semiochemicals Industry?
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
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Semiochemicals market valued USD XX million in 2020 and is estimated to reach USD XX million by 2029, growing at a High CAGR
Semiochemicals are natural chemicals involved in the biological communications between individuals of species. Semiochemicals are subdivided into allelochemicals and pheromones.
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