Semiochemicals Market Size, Share & Industry Analysis, By Mode of Action (Pheromones (Alarm, Sexual, Aggregation, Others), Allelochemicals (Allomones, Kairomones, Synomones, Others)), By Application (Mass Trapping, Mating Disruption, Detection and Monitoring) and Regional Forecast, 2021-2028

Acceptance of integrated pest management is increased recently because of the adverse effects caused due to indiscriminate use of chemical pesticides which resulted in resistance to those pesticides. Semiochemicals are the chemical molecules secreted by organisms for the purpose of communication in between same species or with different species for food, mating or to make others alert about predators. Semiochemicals are primarily used owing to its environment-friendly character and it also increases the efficiency of Integrated Pest Management practices by detecting and monitoring insect pest’s infestation.

To increase the productivity and maintain the good quality of the crop plants, it is important to control the insect pests at an early stage to avoid pest population crossing the economic threshold level and lead to severe damage, especially in fruit and nut crops. By using semiochemicals, it is possible to detect the pests at an early stage so as to make it possible to control it before infestation.

With the help of these semiochemicals, manufacturers are manufacturing number of traps to control the harmful pests like Codling Moth, Grape Vine Moth, Diamond Back Moth, etc. by mating disruption, lure and kill and mass trapping strategies.

Key Market Driver -

Key Market Driver – Adoption of Integrated Pest Management, More target specific and Increased awareness regarding pesticide residue toxicity.

Key Market Restraint -

Key Market Restraint – High cost of active ingredient and Time consuming regulatory processes for approval.

Expanding the adoption of integrated pest management for the sustainable agriculture that results in food protection and food security owing to a surge in global population is the major driving factor for the global semiochemicals market. Long term use of any chemical pesticide introduces pesticide resistance in insect pests - it does not show any effects against that insect pest and this also leads to unnecessary chemical deposition in the environment.

Due to this pesticide resistance, use of semiochemical has increased which is boosting the overall market. Semiochemicals are more target-specific and thus it won’t affect the organisms other than the target. The other important factor which is driving the market is increased awareness of chemical pesticide toxicity as pesticide residue remains in food as well as in soil which has harmful effects to humans as well as to the environment.

The manufacturing cost of the active ingredient of semiochemical is very high and the maintenance cost of semiochemicals is the major factor for the hindrance of the global semiochemicals market. The approval of these semiochemicals from regulatory authorities requires a lot of time as they demand vast data which is restraining the global semiochemicals market.

Synthetic biological methods can be used to prepare semiochemicals to reduce the cost which offers the market player to boost the global semiochemicals market.

Key Players Covered:

Some key companies that are present in the global semiochemicals market are Shine- Etsu, Pacific Biocontrol Crop, Bedoukian Research, SEDQ (Spain), Suterra, Pherobank, AgriSense BCS Ltd., Agrichem Laboratories S.L., BASF, Isagro, Russell IPM., and others.

Pheromones are dominating segment in the global semiochemicals market in which the sex pheromone and aggregation are leading as they disrupt the mating of insect pests and reduces their multiplication, aggregation pheromones have the highest demand in the market as it attracts both male and female insects.

Mating disruption is a leading type of application base semiochemical in which the natural pheromone of female insects, artificially implemented with a trap which attracts male insect which results in male confusion and failed in mating which results in a reduced population of insect pests.

Regional Analysis:

North America is leading in global semiochemicals market owing to increased adoption of an integrated pest management system for sustainable agriculture. Moreover, increased food trade within the region demands high yield with good quality of food in countries like U.S., Canada, and Mexico, owing to a large area under cultivation of high-value plantation is also increasing the market for semiochemicals.

To gain extensive insights into the market, Request for Customization

The Asia Pacific is expected to show swift growth in global semiochemicals market due to increased food demand for consumption in countries like India and China owing to a growing population. Increased demand for export of agricultural products and fruits from countries like Chile and Brazil is anticipated to evolve gradually in the global semiochemicals market.

Segmentation

Key Industry Developments

• In September 2018, Syngenta Ventures made a seed round investment of US$ 2.9 million in BioPhero, a Danish Pheromone-based Pest Control Start-up.


• In November 2018, Syngenta launched Cidetrak EGVM Meso pheromone product in Chile. The product helps in control of European grapevine moth.