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The global semiochemicals market size was valued at USD 5.48 billion in 2024. The market is projected to grow from USD 6.29 billion in 2025 to USD 17.51 billion by 2032, exhibiting a CAGR of 15.75% during the forecast period.
This information is produced by Fortune Business Insights, in its report titled, “Semiochemicals Market Size, Share & Industry Analysis, By Type (Pheromones and Allelochemicals), By Function (Mass Trapping, Detection & Monitoring, and Mating Disruption), By Crop Type (Field Crops, Orchard Crops, Vegetable Crops, and Others), and Regional Forecast, 2025-2032.”
The increasing demand for organic foods to decrease the health influences of utilizing chemical pesticides and fertilizers fuels the requirement for bio-based and ecological pesticides such as semiochemicals. The practical application of these biopesticides in agriculture has augmented in the last decade owing to the expanded application of Integrated Pest Management (IPM) and area-wide pest administration.
Commute Distractions amid COVID-19 to Substantially Sway Market
The COVID-19 pandemic has had a notable influence on the global agricultural sector. Disturbances in supply chains, intermissions in marketing activities, and travel constraints have undesirably influenced the market. For example, as per the Organization for Economic Co-operation & Development (OECD), pesticide manufacturing sternly dropped during the first few months of the pandemic owing to national lockdowns.
FMC Purchases Pheromone Producer Biophero
The crop science corporation FMC is procuring BioPhero, a pheromone producer for USD 200 million. BioPhero, a Danish startup that was formed out of Irina Borodina’s lab at the Technical University of Denmark in 2016, generates insect pheromones by fermenting biologically engineered yeast. As an alternative for killing insects, pheromones control pest populations by making it difficult for them to search for a mate and reproduce. BioPhero states that its fermentation procedure substantially decreases the prices of production in comparison to catalytic chemistry methods utilized by other corporations. Presently, pheromone products are only utilized in high-value crops such as grapes, fruit trees, and other specialty crops.
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/industry-reports/semiochemicals-market-101617
Growing Demand for Maintainable Crop Protection Solutions to Foster Semiochemicals Market Growth
The agricultural system across the globe dynamically uses pesticides and insecticides for the operative removal of pests and high crop yield. Though, in recent years, the rising knowledge among consumers concerning the detrimental impacts of chemical pesticides and insecticides on crops and human health has required farmers across the world to advance their agricultural techniques. This has augmented the application of sustainable crop management systems and, in turn, the usage of biopesticides.
Competitive Landscape:
Partnerships among Companies to Safeguard their Brand Values in Global Market
Prominent players in the market are constantly opting for effective strategies to promote their products and establish their positions in the market. One such strategy is to launch new products by partnering with other companies to extend their reach to end-users.
Notable Industry Development:
List of Key Players Mentioned in the Report:
Further Findings
Pheromones to Emerge as Most Preferred Type in the Industry
The pheromones segment holds a major share as it is the most utilized type of crop protection among farmers. Pheromones are semiochemicals produced by species that modify the behavior of other individuals of the same species.
North America is anticipated to hold the largest semiochemicals market share and the size stood at USD 1.67 billion in 2024. It is predicted to lead the market during the forecast period due to increasing implementation of Integrated Pest Management (IPM) solutions for crop protection across the region.
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Growth Rate |
CAGR of 15.75% from 2025 to 2032 |
|
Unit |
Value (USD billion) |
|
By Crop Type |
|
|
By Type |
|
|
By Function |
|
|
By Geography |
|