United States Semiochemicals Market Size, Share, and COVID-19 Impact Analysis, By Type (Pheromones and Allelochemicals), By Crop Type (Field Crops, Orchard Crops, Vegetable Crops, and Others), and United States Semiochemicals Market Insights Forecasts to 2033
Industry: Chemicals & MaterialsUnited States Semiochemicals Market Insights Forecasts to 2033
- The Market is growing at a CAGR of 13.9% from 2023 to 2033
- The US Semiochemicals Market Size is Expected to Hold a Significant Share by 2033
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The US Semiochemicals Market Size is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 13.9% from 2023 to 2033.
Market Overview
Semiochemicals are chemical entities or blends that convey information between the same or different species, affecting behavior. These substances are of critical importance to numerous biological events that comprise communication, mating, and marking territories among insects, animals, and plants. The semiochemicals are primarily described into three categories: pheromones, allelochemicals, and synomones, which serve different ecological functions. The US semiochemicals market, in the recent past, had shown good growth due to increased adoptions of environmentally friendly pest control solutions. As the usage of sustainable agricultural practices is on the increase, the use of semiochemicals as biopesticides increases, and this natural alternative to chemical pesticides has picked up much popularity among users. These chemicals have thus been very effective to be consumed in agriculture, mainly controlling the pest population in crops, which has been indicated to be a significant market driver. Apart from agriculture, forestry, public health, and pest management sectors consume semiochemicals. Government initiatives towards promoting sustainable agriculture with lower use of chemical pesticides have catalyzed the growth in the market. EPA registered biopesticides including semiochemicals as part of their IPM programs. This will ensure maximum crop yield while reducing the potential negative impacts on the environment, which should further enhance the development and use of semiochemicals in agriculture. Continued regulatory support would increase growth in the US market for semiochemicals.
Report Coverage
This research report categorizes the market for the United States semiochemicals based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States semiochemicals market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each United States semiochemicals market sub-segment.
United States Semiochemicals Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 13.9% |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 105 |
Segments covered: | By Type, By Crop Type and COVID-19 Impact Analysis |
Companies covered:: | SEDQ Healthy Crops SL, Pacific Biocontrol Corporation, Bedoukian Research, Inc., Suterra LLC, Pherobank B.V., CBC Co., Ltd., Certis USA LLC and others key players. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The major driving force behind the growth of the United States semiochemicals market is an increased need for sustainable and eco-friendly solutions in agriculture. Alongside this, the fact that the use of semiochemicals eliminates chemical pesticides from this area ensures a safer, natural means of pest management. Their success in Integrated Pest Management (IPM) systems has further accelerated their adoption. Rising awareness about environmental conservation and the need for fewer chemical residues in food is driving more people toward adopting biopesticides. At the same time, research and development of semiochemicals are gaining in effectiveness and modes of application that will open more areas of applicability for them in the agriculture, forestry, and public health sectors.
Restraining Factors
The market also goes through significant restrain due to expensive production and insufficient availability of raw materials for semiochemicals. This also includes slow adoption of the solution in some regions, which is caused by low awareness and technical know-how.
Market Segment
The U.S. semiochemicals market share is classified into type and crop type.
- The pheromones segment is expected to hold the largest market share through the forecast period.
The US semiochemicals market is by type into pheromones and allelochemicals. Among these, the pheromones segment is expected to hold the largest market share through the forecast period. This is attributed to the pheromones are particularly very widely used in agricultural pest control because they are effective in attracting and disrupting the mating cycles of pests so that crop damage can be reduced. Pheromones are increasingly utilized in IPM systems and organic farming, both of which are swelling trends. The effectiveness of focused pest species while impacting the environment as little as possible increases demand for pheromones. Moreover, advancements in research and technology will further fuel growth in this segment.
- The field crops segment is expected to hold the largest market share through the forecast period.
The US semiochemicals market is segmented by crop type into field crops, orchard crops, vegetable crops, and others. Among these, the field crops segment is expected to hold the largest market share through the forecast period. This is attributed to the crops grown extensively in the U.S. include corn, soybeans, and wheat, for which there would be a huge market for efficient means of controlling pests. Semiochemicals have been increasingly applied in field crops, especially pheromone-based substances, for monitoring and controlling pests, and these are thus eco-friendly alternatives to chemical pesticides.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States semiochemicals market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- SEDQ Healthy Crops SL
- Pacific Biocontrol Corporation
- Bedoukian Research, Inc.
- Suterra LLC
- Pherobank B.V.
- CBC Co., Ltd.
- Certis USA LLC
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts regional and country revenue from 2022 to 2033. Spherical Insights has segmented the United States semiochemicals market based on the below-mentioned segments:
United States Semiochemicals Market, By Type
- Pheromones
- Allelochemicals
United States Semiochemicals Market, By Crop Type
- Field Crops
- Orchard Crops
- Vegetable Crops
- Others
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