According to the research report titled ‘Global Semiochemicals Market Size study, by product type {Pheromones, Allelochemicals }, By Function {Detection & Monitoring, Mass trapping, Mating Disruption}, By Crop Type {Field Crop, Orchard Crop, Vegetable Crop, others}, Regional Forecasts 2021-2027‘, available with Market Study Report, global semiochemicals market is slated to record significant growth over 2021-2027.
 

Increasing demand for organic products in order to avoid risks associated with chemical fertilizers & pesticides, surging demand for high yield crops, and rise in consumption of organic produce are catalyzing the growth of global semiochemicals market.
 

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Additionally, rising awareness regarding crop protection, coupled with growing contribution from prominent players are also fueling the industry expansion.
 

For instance, ISCA Global was formed in 2019 after ISCA Technologies Inc. (U.S.) and ISCA Technologies Ltda. (Brazil) merged with ATGC Biotech (India) to focus on research & development of less polluting environmental pesticides & insect control.
 

For the unversed, semiochemicals are organic pesticides that help farmers to enhance crop quality and grow organic vegetables & other products.
 

Despite the positive outlook, lack of awareness about relevant infrastructure and pesticides is likely to hamper market development over 2021-2027.
 

In terms of type, worldwide semiochemicals industry is bifurcated into allelochemicals, and pheromones, whereas based on function, the industry sphere is classified into mating disruption, mass trapping, and detection & monitoring. With respect to crop type, the market space is fragmented into orchard crop, field crop, vegetable crop, and others.
 

As per expert verbatim, Asia Pacific industry is expected to accumulate notable gains over the projected duration, owing to increasing awareness regarding the production and protection of high yield crop.
 

North America industry was worth USD 1.03 billion in 2020 and is slated to hold a major revenue share by 2027, attributable to various interventions and measures taken by the government to promote the usage of sustainable pesticides. Meanwhile, Europe market is expected to show impressive growth trends over the next six years, accredited to collective inclination towards organic farming in countries such as Germany, Italy, France, and the U.K.
 

Leading companies in worldwide semiochemicals industry sphere are Russell IPM, Ltd., Isagro (Gowan Company, LLC.), Koppert Biological Systems, Corteva, Inc., Bedoukian Research, Inc., Pacific Biocontrol Corp., Certis, Shin-Etsu Chemical Co., Ltd., Pherobank B.V., and Suttera (The Wonderful Company, LLC) among others.