Report Overview:
The global Semiochemicals market is projected to reach approximately USD 22.2 billion by 2033, rising from USD 5.2 billion in 2023. This growth represents a compound annual growth rate (CAGR) of 15.6% over the forecast period from 2023 to 2033.
The expansion of the semiochemicals market is deeply connected to the global push for sustainable agriculture and the increasing implementation of Integrated Pest Management (IPM) practices. As both consumers and producers seek safer, eco-friendly alternatives to traditional chemical pesticides, semiochemicals such as pheromones and allelochemicals have emerged as effective tools for precise, residue-free pest control. Their ability to target specific pests without disrupting ecosystems makes them especially valuable in today’s environmentally conscious farming landscape. This growing preference also aligns with the surging demand for organic produce and the urgent need for more sustainable crop protection solutions
