Post-Harvest Treatment Products Market Research: Key Players, Statistics, and Forecast 2030
Post-Harvest Treatment Product Market Overview
The global post-harvest treatment products market 2023 through the review period till 2030. As per MRFR analysis, the post-harvest treatment products market can rise at 6.31% CAGR through the assessment period. By 2030, the post-harvest treatment products market value can touch USD 2.7 billion. Post-harvest treatment solutions are required to prolong shelf life of fruits & vegetable by protecting them from diseases, pests, and adverse storage conditions.
The significant expansion of the global post-harvest treatment products market share can be attributed to increase in import and export trade activities of fruits and vegetables. In addition, the rising trend consuming organic and bio-based products can introduce new growth opportunities for global players that is likely to improve the momentum of the post-harvest treatment products market. However, stringent regulations associated with the trading of fruits and vegetables can hinder expansion of the market in the near future.
Key Players
Pace International, LLC (US), Syngenta AG (Switzerland), Bayer AG (Germany), AgroFresh (US), Nufarm (Australia), JBT Corporation (US), DuPont de Nemours, Inc. (US), Futureco Bioscience S.A.(Spain), FMC Corporation (US), and Post-Harvest Solution Ltd (New Zealand) are some major companies in the post-harvest treatment products market that are listed by MRFR. These post-harvest treatment product marketers are focusing on strengthening their geographic presence and are investing in the expansion of their business as they plan launching of innovative products and enter into strategic partnerships.
Market Segmentation
Type and application are parameters, based on which the post-harvest treatment market is studied.
The type-based segments of the global post-harvest treatment product market for fruits and vegetables ae ethylene blockers, coatings/wax, fungicides, cleaners, and sprout inhibitors among others. The coatings or wax segment can secure decent market share by 2030. The application-based segment of the post-harvest treatment market are fruits and vegetables. The fruit segment studies pomes, berries, bananas, citrus fruits, and mangoes among others. The vegetables segment studies potatoes, onions, and tomatoes among others. The fruits segment can rise at surge with considerable CAGR in the analysis period. The ethylene blockers segment experience high-pace expansion in the evaluation period. The increase in demand and sales of sprout inhibitors can bolster the market upsurge in the review period.
The surge in consumption of food due to expansion of the global population can contribute to the post-harvest treatment market rise. Farmers are focusing on the cultivation of genetically modified crops to achieve higher yields. Moreover, the adoption of advanced agricultural practices, such as; precision agriculture and integrated pest management (IPM) are contributing to the large-scale production of food. Although, surge in food production is observed, the elimination of fruits and vegetables waste can be controlled by effectively monitoring the post-harvest phase. Thus, the increase in adoption of robust post-harvest techniques to curb wastage and improve quality of fruits and vegetable can support the post-harvest treatment market expansion. The widespread awareness about post-harvest treatment can have huge economic impact that can promote the post-harvest treatment market growth.
Regional Analysis
The regional study of the global post-harvest treatment products market research report spans across North America, Latin America, Europe, Asia-Pacific, and the Middle East, and Africa.
In Asia Pacific, the post-harvest treatment products market can garner considerable revenue owing to the rise in export trading activities of fruits and vegetables. The gradual rise of the post-harvest treatment market can be attributed to the availability of arable land and practicing of modern cultivation practices. Reputed companies and government are investing in educating farmers and people associated with agriculture to boost quality of food and provide sustainable solution for supply chain. MRFR study reveals that Latin America can thrive at 7.03% CAGR through the forecast period from 2020 to 2030, for similar causes.
North America and Europe are technologically advanced regions. The presence of highly effective technical solutions for protection and enhancement the quality of vegetables and fruits using chlorine dioxide gas and bio-technology process can favor the post-harvest treatments product market in these regions. Renowned medi-tech companies in the region are deploying phosphate salts and genome sequencing techniques to control growth of green and blue molds on citrus food. Advanced horticultural technologies can aid crops improve calcium content in food that are observed to gain traction as food supplements. Moreover, the availability of phosphorous-free sources can contribute to the regional market upsurge. These aforementioned causes are expected to bolster the post-harvest treatment product market in the study tenure.
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