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The Worldwide Post-Harvest Treatment Industry is Expected to Reach $2.3 Billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Post-Harvest Treatment Market for Fruits & Vegetables by Type (Coatings, Cleaners, Fungicides, Ethylene Blockers, Sanitizers, and Sprout Inhibitors), Crop Type (Fruits and Vegetables), Origin and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The post-harvest treatment market is projected to grow from USD 1506.6 million in 2021 to USD 2325.7 million by 2027, in terms of value, recording a compound annual growth rate (CAGR) of 7.5% during the forecast period.

Some of the major factors driving the growth of the post-harvest treatment market include the increasing demand for exotic fruits and vegetables and the increase in the trade of fresh produce from developing countries.

The fruit segment is projected to dominate the post-harvest treatment market during the forecast period.

The fruit segment is projected to dominate the post-harvest treatment market, by crop type, in terms of value. As chemical-based treatment is majorly applied to the product that needs to be exported, the requirement for post-harvest treatment solutions remains high for fruits that need to be exported across regions due to increasing demand for tropical fruits, such as mangoes, banana, papaya, pineapple, and stone fruits. Hence, the fruits segment occupies a major share in the post-harvest treatment market and is also projected to grow at a higher CAGR during the forecast period.

The coating segment is projected to grow at the highest growth rate during the forecast period.

The coating segment is projected to record a high growth rate due to the increasing demand for natural plant-based edible coatings to treat fruits and vegetables. The coating is considered an important step to determine the quality of fruits and vegetables. The coating helps in controlling moisture transfer, gas exchange, or oxidation processes. It is preferred to reduce the breakdown of fruits & vegetables and delay their ripening. The increasing demand for organic fruits and vegetables from developed regions creates the need for organic and bio-based coatings to treat fruits and vegetables instead of using synthetic coatings. Thus, the segment is projected to grow at the fastest CAGR during the forecast.

The Asia Pacific is projected to record the highest growth during the forecast period.

The Asia Pacific region is projected to record the highest growth during the forecast period due to the increasing exports of fruits and vegetables from India and China. As the region is developing, post-harvest losses of fruits and vegetables are witnessed on a large-scale, and hence, the need for efficient post-harvest treatment mechanisms remains high, which is subsequently driving the growth of the market.

Market Dynamics

Drivers

  • Increasing Need to Reduce Post-Harvest Losses
  • Growing Demand for Exotic Fruits and Vegetables due to a Boom in the Hospitality Industry
  • Rising Health Consciousness Among Consumers
  • Increasing Fdi in the Agriculture and Food Sector
  • Increasing Prevalence of Chronic Diseases

Restraints

  • Stringent Regulations in Europe
  • Lack of Infrastructure and Improper Post-Harvest Handling

Opportunities

  • Development of Organic and Bio-Based Post-Harvest Products Such as Edible Coatings
  • Technological Innovations in the Post-Harvest Industry
  • Growing Demand for Vegan Food Products
  • Widening Application Spectrum for Fruits and Vegetables
  • International Trade of Crops

Challenges

  • Low Awareness of Post-Harvest Losses and Post-Harvest Treatment Product Applications
  • Physiological Deterioration and Infections

Companies Mentioned

  • Agricoat Natureseal Ltd.
  • Agrofresh
  • Apeel Sciences
  • BASF SE
  • Bayer Ag
  • Ceradis
  • Citrosol
  • Colin Campbell (Chemicals) Pty Ltd
  • Decco
  • Fomesa Fruitech
  • Futureco Bioscience
  • Janssen Pmp
  • JBT Corporation
  • Nufarm
  • Pace International LLC
  • Polynatural
  • Post-Harvest Solutions Ltd.
  • Sufresca
  • Syngenta
  • Xeda International

For more information about this report visit https://www.researchandmarkets.com/r/yxtjqr

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