Allelochemical Market - Forecast(2024 - 2030)

Report Code: CMR 33678 Report Format: PDF + Excel

Allelochemical Market Overview

The global Allelochemical Market size is forecast to reach US$1.5 billion by 2027, after growing at a CAGR of 5.3% during 2022-2027. Globally, the increasing demand for allelochemicals for the purpose of biological control of plant pathogens and diseases is driving the market growth. Allelochemicals such as phenolics, steroids, and saponins are used to control the plant growth and are also utilized for the promotion in the production of plant hormones. The growing demand for medicinal plants for herbal medicine at global level is on rise, which is also driving the market growth. Additionally, the growing organic food industry is keen on increased organic food crops, by utilizing allelochemical in natural as well as synthetic forms for increasing their yield. Owing to such factors, demand for allelochemical is expected to grow significantly over the forecast period.

COVID-19 Impact

The COVID-19 outbreak widely affected the agriculture, organic food, and herbal medicine industries over 2020. Owing to the nationwide lockdown, the production process of various plantations in these industries declined due to the non- availability of plant disease and pathogen controller such as allelochemical. Economies of each sector got affected and resulted in stagnation of activities across the sectors that use allelochemical. Business communities even faced several issues related to raw material shortage, labour shortage, temporary closure of operations, supply chain disturbance, and many more. However, the rising demand for herbal medicines and organic food emerged as a driving factor for the global allelochemical market during the challenging period.

Report Coverage

The “Allelochemical Market Report – Forecast (2022 - 2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the global allelochemical industry.

By Type: Phenolics, Steroids, Saponins, Terpenoids, Alkaloids, Flavonoids, and Others
By Function: Mass Trapping, Detection and Monitoring, Mating Disruption, and Others
By Crop Type: Field Crops, Orchard Crops, Vegetable Crops, and Others
By Geography: North America (U.S.A., Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East and Africa)

Key Takeaways

  • The North American region dominates the global allelochemical market owing to the rising growth and increasing investments in the organic food industry. For instance, according to the Government of Canada, in 2022, the government announced an investment of up to US$103,400 for the Organic Federation of Canada to enable a new collaboration that will promote sustainability and growth for Canada's organics industry.
  • Rapidly rising demand for allelochemical to meet the growing demand for high-quality and quantity of crops has driven the growth of the global allelochemical market.
  • The increasing demand for global allelochemical in agriculture sector, due to its usage to protect the crops from infectious diseases, has been a critical factor driving the growth of the market in the upcoming years.
  • However, the usage of conventional agricultural products can hinder the growth of the global allelochemical market.

Figure: North America Allelochemical Market Revenue, 2021-2027 (US$ Billion)


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Allelochemical Market Segment Analysis – By Function

The mating disruption segment held the largest share in the global allelochemical market in 2021. Mating disruption has emerged as the leading function due to its higher effectiveness in low or moderate pest infestations in comparison to other functions such as mass trapping, detection and monitoring. The technique of mating disruption in pests includes releasing high quantities of synthetic female sex hormones to alter the mating behaviour of males. Moreover, mating disruption controls target species, and therefore, greatly reduces the number of mating, and hence, reducing species reproduction. Thus, with the growing demand for mating disruption function, the market for global allelochemical will further rise over the forecast period.

Allelochemical Market Segment Analysis – By Crop Type

The orchard crops segment held the largest share in the global allelochemical market in 2021. Allelochemical are mainly applied on orchid crops as compared to other crops such as field and vegetable crops, due to the growing demand for high value crops among consumers. Moreover, orchid crops are more susceptible to pests such as fruit flies, codling moths, and peach-tree borers. The growing popularity of organic crop protection products, has increased the demand for biological pesticides among farmers. The emerging trend of consuming organic and clean-label foods is expected to boost the utilization of these crops. The rising growth of organic farming of these crops, will drive the allelochemical market growth. For instance, according to the Indian Brand Equity Foundation (IBEF), the Indian Organic Sector is forecasted to reach Rs 75,000 crore (US$ 10.73 billion) by 2025 from Rs 2,700 crore (US$ 386.32 million) in 2015. Thus, with the growing demand for the orchard crops, the market growth for global allelochemical will further rise over the forecast period.

Allelochemical Market Segment Analysis – By Geography

North American region dominated the global allelochemical market with a share of 45% in the year 2021. The North American region is predicted to continue its dominance in the market during the forecast period due to the increasing requirement for allelochemical in Canada and USA. Canada is expected to continue its dominance in the global allelochemical market due to the growth of the organic food industry in the country. For instance, in 2021, the Canadian government nvested up to US$297,330 for the Prairie Organic Development Fund (PODF) to enable farmers to adopt best practices in organic farming production. The demand for organics in Canada is increasing at a rate of 8.7% annually. Allelochemical are also applied in herbal medicines and other sectors. They are used in agriculture and horticulture for biological control of plant diseases and plant pathogens. Additionally, allelochemical such as phenolics, steroids, and saponins are primarily used as growth regulators and natural herbicides, to promote sustainable agriculture. Thus, the increasing demand and growth in applicable sectors, will drive the global allelochemical market growth in the forecast period.

Allelochemical Market Drivers

Rising Demand for High-Quality and Quantity of Crops is Driving the Market Growth

Increasing population and income have led to rise in demand for high quantity and quality of crops. For instance, according to the United Nations, the world’s population is forecasted to rise by 2 billion persons in the next 30 years, from 7.7 billion in 2021, to 9.7 billion in 2050. Globally, farmers are increasing the crop production, either by increasing the agricultural land to grow crops or by improving the production of crops on existing agricultural lands, by using fertilizer, irrigation, and adopting new products such as plant growth regulators. Rising demand for freshly produced, high-quality crops have increased the demand for allelochemical, for enhancing the crop productivity. Allelochemicals are used to protect crops and improve crop yield. The rising government initiatives for increasing the yield of high-quality crops, will drive the market growth. For instance, according to the Indian Brand Equity Foundation, in september 2021, the Union Ministry of Agriculture and Farmers’ Welfare signed five MoUs with CISCO, Ninjacart, Jio Platforms Limited, ITC Limited and NCDEX e-Markets Limited, in order to help farmers, make decisions on the kind of crops to grow, variety of seeds to use and best practices to adopt to maximise the yield. Thus, growing demand for high-quality and quantity of crops will drive the global allelochemical market.

Increase in the Demand for Allelochemical in the Agriculture Sector

The demand for allelochemicals to protect the crops from infectious diseases caused by insects and pests such as bacterial panicle blight and bacterial leaf scorch is expected to drive the allelochemicals market growth. Additionally, the increasing population with decreasing arable land generates the necessity for using pesticides to prevent the damage of the food crops. Moreover, increasing government initiatives to strengthen the agrochemicals sector is anticipated to surge the demand for biological pest controls such as allelochemical. For instance, according to the Indian Brand Equity Foundation, in 2021-2022, the government plans to introduce production-linked incentives (PLI) scheme to promote domestic manufacturing of agrochemicals such as pesticides and fertilizers, with an allocation of US$ 32.2 million to the department of chemicals and petrochemicals. Thus, to protect the farm yield, the need to control the damage of farm output, and with the increased investments by the government, the growth of the global allelochemical market is forecasted to rise. 

Allelochemical Market Challenges

The Use of Conventional Agricultural Products Will Hamper the Market Growth

The rising usage and popularity of substitute such as fertilizers will continue to hamper the global allelochemical market growth. A number of farmers especially in the Asian countries, continue to practice the conventional agricultural technique, despite the popularity of allelochemical and also rely on conventional agricultural products in the form of fertilizers. Moreover, for plant growth promotion and biological control of plant diseases and pathogens, in order to increase the plantations and crops yield. According to Food and Agriculture Organization (FAO), world fertilizer demand has increased from 197.9 million tonnes in 2021 to 200.9 million tonnes in 2022. Thus, the usage of conventional agricultural products will hinder the market growth.

Allelochemical Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies players adopt in the global allelochemical markets. Global allelochemical top 10 companies include:

  1. Shin-Etsu
  2. Pacific Biocontrol Corp
  3. Bedoukian Research
  4. Corteva Agriscience
  5. Suterra
  6. Pherobank
  7. Certis
  8. Koppert Biological Systems
  9. Isagro Group
  10. Rusell IPM

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1. Allelochemical Market- Market Overview
    1.1 Definitions and Scope
2. Allelochemical Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Function
    2.3 Key Trends by Crop Type
    2.4 Key Trends by Geography
3. Allelochemical Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Allelochemical Market - Startup Companies Scenario Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Allelochemical Market – Industry Market Entry Scenario PremiumPremium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Allelochemical Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Allelochemical Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Allelochemical Market – By Type (Market Size -US$ Million/Billion)
    8.1 Phenolics
    8.2 Steroids
    8.3 Saponins
    8.4 Terpenoids
    8.5 Alkaloids
    8.6 Flavonoids
    8.7 Others
9. Allelochemical Market – By Function (Market Size -US$ Million/Billion)
    9.1 Mass Trapping
    9.2 Detection and Monitoring
    9.3 Mating Disruption
    9.4 Others
10. Allelochemical Market – By Crop Type (Market Size -US$ Million/Billion)
    10.1 Field Crops
    10.2 Orchard Crops
    10.3 Vegetable Crops
    10.4 Others
11. Allelochemical Market - By Geography (Market Size -US$ Million/Billion)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zeeland
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Allelochemical Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Allelochemical Market – Industry/Segment Competition Landscape Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share at Country Level - Major companies
    13.4 Market Share by Key Geography - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product - Major companies
14. Allelochemical Market – Key Company List by Country Premium Premium
15. Allelochemical Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies*"

LIST OF TABLES

1.Global Allelochemical Market, by Type Market 2023-2030 ($M)
2.Global Allelochemical Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
3.Global Allelochemical Market, by Type Market 2023-2030 (Volume/Units)
4.Global Allelochemical Market Analysis and Forecast by Type and Application Market 2023-2030 (Volume/Units)
5.North America Allelochemical Market, by Type Market 2023-2030 ($M)
6.North America Allelochemical Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
7.South America Allelochemical Market, by Type Market 2023-2030 ($M)
8.South America Allelochemical Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
9.Europe Allelochemical Market, by Type Market 2023-2030 ($M)
10.Europe Allelochemical Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
11.APAC Allelochemical Market, by Type Market 2023-2030 ($M)
12.APAC Allelochemical Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
13.MENA Allelochemical Market, by Type Market 2023-2030 ($M)
14.MENA Allelochemical Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)

LIST OF FIGURES

1.US Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
2.Canada Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
3.Mexico Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
4.Brazil Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
5.Argentina Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
6.Peru Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
7.Colombia Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
8.Chile Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
9.Rest of South America Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
10.UK Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
11.Germany Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
12.France Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
13.Italy Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
14.Spain Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
15.Rest of Europe Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
16.China Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
17.India Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
18.Japan Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
19.South Korea Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
20.South Africa Global Allelochemical Industry Market Revenue, 2023-2030 ($M)
21.North America Global Allelochemical Industry By Application
22.South America Global Allelochemical Industry By Application
23.Europe Global Allelochemical Industry By Application
24.APAC Global Allelochemical Industry By Application
25.MENA Global Allelochemical Industry By Application