Semiochemicals Market Share, Size, Trends, Industry Analysis Report, By Crop Type (Orchard Crops, Vegetables, Field Crops, and Others); By Type; By Function; By Region; Segment Forecast, 2024 – 2032
- Published Date:Mar-2024
- Pages: 117
- Format: PDF
- Report ID: PM4420
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
The global semiochemicals market was valued at USD 4.45 billion in 2023 and is expected to grow at a CAGR of 17.9% during the forecast period.
The rapid increase in the demand for organic food consumption worldwide because of increasing awareness among people regarding the health benefits associated with organic food consumption, is driving the global market growth. The growing emphasis on environmental sustainability and constant reduction of chemical inputs in agriculture, are further escalating the product demand globally.
Additionally, the exponential rise in investments related to research and development activities by key market companies that led to creation of new and more improved pesticide solutions, positively impacting the market’s growth. With growing technological advancements in the field of semiochemicals contributing to the development of efficient and effective products, might also bode well for market.
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- For instance, HortiPro, announced about the launch of its newly developed pheromone against whitefly, which is one another step of company towards the fullest possible Integrated Crop Management. The company also looking for some company who are struggling with whitefly so that they can work together and find an effective control.
Furthermore, the widespread application and uses of integrated pest management & crop protection solutions coupled with the growing knowledge among consumers regarding the benefits of reducing chemical residues, managing pest resistance, and gentle pest control, are likely to create huge demand for bio-pesticides like semiochemicals.
However, high costs associated with sustainable bio-pesticides that discourages small-level farmers to implement on such methods into agricultural practices and lack of awareness among many farmers from low-income countries about the potential benefits of these farming practices, are the factors hampering the market’s growth.
Market Dynamics
Growth Drivers
- Rising demand for sustainable crop protection solutions and adoption of organic farming driving global market growth
With consumers becoming aware about the health & environment and looking for organic food products that does not contain chemical fertilizers, there is a significant increase in the adoption of sustainable farming practices. As sustainable farming requires efficient crop protection solutions and boost the use of bio-pesticides, demand for semiochemicals will increase drastically.
Beside this, organic food adoption among consumers across the globe is growing at substantial pace, because of growing consciousness about harmful health and environmental effects of chemical pesticides and fertilizers, which in turn, positively impacting the market growth.
- For instance, according to a recent report by Invest India, the share of land used for organic farming in India is approx. 1.5%, and the organic agriculture land under cultivation in India has increased by 145%, while the country has around 4.43 million organic farmers which is the highest in the world.
Report Segmentation
The market is primarily segmented based on crop type, type, function, and region.
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By Crop Type |
By Type |
By Function |
By Region |
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By Crop Type Analysis
- Orchard crops segment accounted for the largest market share in 2023
The orchard crops segment accounted for the largest share Segment’s dominance is attributable to increased demand for high-quality crops like orchards and higher susceptibility to various types of pests including codling moths, fruit flies, and peach bores. Moreover, the continuous expansion of orchard farming worldwide and growing focus of orchard growers towards optimizing their production and improving product quality, is further likely to boost segment market growth.
- For instance, as per our findings, there is an estimated 2.2 Mn fruit orchards across the globe, with 37 Bn fruit trees worldwide. Globally, there are 53 Mn hectares of fruit tree production globally.
By Type Analysis
- Pheromones segment held the significant market share in 2023
The pheromones segment held the significant market share. Segment’s dominance is driven by widespread use and adoption by farmers for crop security because they are produced with the help of species that can alter the behavior of other species of the same family coupled with the growing applications of pheromones in horticulture and specialty crops. In addition, the growing focus on research & development activities and efforts by key players that are mainly aimed at improving the characteristics of pheromones such as stability, low toxicity, and higher effectiveness, are anticipated to drive segment’s growth.
The allelochemicals segment is expected to grow at highest growth rate. This growth is accelerated to exponential rise in the utilization and effectiveness of these product times in controlling insect pests on weeds and field crops. Also, the rising adoption of allelochemicals as environmentally-friendly alternatives to traditional pesticides with several adverse health and environmental effects, will spur its market growth.
By Function Analysis
- Mating disruption segment is expected to witness highest growth
The mating disruption segment will grow at highest growth rate. This growth is attributable to its emergence as a key and most effective feature to low modest pest infestations, reducing the number of mating, helping species to prevent from reproducing, and control target species. With the growing consumer awareness about the environmental as well as health impacts of chemical pesticides or fertilizers, there is an emerging trend for the adoption of products that are being developed with the help of sustainable and chemical-free practices which can be achieved through mating disruption.
The detection & monitoring segment led the market. This growth is due to their ability to enable effective integrated pest management programs through better optimizing the pesticide application periods and calculating the effectiveness of control options. In addition, the growing need for monitoring and detecting the spread of various invasive species and controlling the population of pests, are likely to drive segment market growth over the years.
Regional Insights
- North America region dominated the global market in 2023
The North America region dominated the global market. Region’s growth is attributed to growing implementation of integrated pest management solutions for better crop protection compared to other regions couple with the rising awareness among farmers regarding the benefits of sustainable cultivation. Additionally, the regional government has been largely implementing on programs and initiatives that promotes the utilization of sustainable pesticides to improve product quality and productivity and lead to organic farming across the region.
- For instance, in August 2022, U.S. Department of Agriculture, announced that they are investing USD 300 million in a new Organic Transition Initiative. This will help build new streams of income for farmers & producers.
The Asia Pacific region is anticipated to emerge as fastest growing region, owing to focus of leading companies towards establishing their presence in the developing nations. With several companies and industries in the region are prioritizing environmentally conscious solutions, the adoption of semiochemicals as sustainable and effective pest management tools to align with emerging trend of sustainable farming is growing at significant pace. For instance, as per a report by Knowledge for Policy, the total area for organic agriculture in Asia was nearly, 6.1 Mn hectares in 2020, with leading countries were India and China with 2.7 Mn & 2.4 Mn hectares respectively.
Key Market Players & Competitive Insights
The semiochemicals market is highly competitive in nature with the robust presence of various regional and global market players. The top market companies are extensively focusing on several factors like product innovation, sustainability, cost-effectiveness, and offering customized solution to account for larger market share and stay ahead of their competitors. For instance, in March 2022, Provivi and Syngenta Crop Protection, announced about the launch of its new pheromone-based technology Nelvium, that is designed to control detrimental pests effectively and safely in rice.
Some of the major players operating in the global market include:
- Bedoukian Research Inc.
- CBC Co. Ltd.
- Certis USA LLC
- Cortiva Agriscience
- Isagro S.p.A.
- Koppert
- Pacific Biocontrol Corporation
- Pherobank B.V.
- Russell IPM
- SEDQ Healthy Crops SL
- Shin-Etsu
- Suterra
Recent Developments
- In May 2022, Syngenta Crop Protection, announced about the launch of its new M2i’s pheromone-based technology named “EXPLOYO” Vit, for improving quality & yield of grapes & to control pests. The newly launched technology is certified for the organic farming and help protect against detrimental pests which threaten vineyard cultivation.
- In June 2021, Suterra, introduced its BioAmp AA, the world’s largest trail pheromone adjuvant for control of the Argentine ants. It is a type of the synthetic copy of the trail, when mixed with the insecticide used for the ant service calls.
Semiochemicals Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 5.23 billion |
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Revenue forecast in 2032 |
USD 19.59 billion |
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CAGR |
17.9% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
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Segments covered |
By Crop Type, By Type, By Function, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
FAQ's
Semiochemicals Market report covering key segments are crop type, type, function, and region
Semiochemicals Market Size Worth $ 19.59 Billion By 2032 .
The global semiochemicals market and is expected to grow at a CAGR of 17.9% during the forecast period.
North America is leading the global market.
The key driving factors in Semiochemicals Market are Rising demand for sustainable crop protection solutions and adoption of organic farming driving global market growth.
