Global Post-harvest Treatment Market Share Will Grow Over USD 2.87 Billion By 2030, at 7.7% CAGR
The report “Post-harvest Treatment Market Share, Size, Trends, Industry Analysis Report, By Type (Cleaners, Fungicides, Sprout Inhibitors, Sanitizers, Coatings, Ethylene Blockers, Others); By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global post-harvest treatment market size is expected to reach USD 2.87 billion by 2030 according to a new study by Polaris Market Research.
Rising demand for exotic fruits and vegetables due to a boom in the hospitality industry, and technological innovations in the post-harvest treatment industry, propelled the industry growth. For the past ten years, fresh fruit and vegetable exports have grown faster than global commerce in other commodities. The growing trade in exotic fruits and vegetables encourages the usage of post-harvest treatments products to keep inventory (of exotic fruits and vegetables) fresh for a longer period.
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Further, the primary tasks of post-harvest treatment management are to keep fruits and vegetables fresh, slow moisture loss, and avoid any physical damage such as bruising to delay rotting. A pre-harvest treatment system is a compilation of existing agricultural raw material-producing methods. In the conventional agriculture system that predominates in developing nations, pre-and post-harvest treatment technologies typically have different social and economic structures.
Also, adopting innovative cooling technologies in China, such as temperature measurement and packaging technology, has provided the country with a significant opportunity for industry growth. Post-harvest treatment companies in other developing nations, such as Israel, have adopted novel technology such as chemical-free fumigation techniques for potatoes and packaging solutions for fruits and vegetables. This rising trend of technology adoption for post-harvest processing of fruits and vegetables represents a significant opportunity for the market’s overall expansion.
Based on the application, the vegetable segment accounted for the leading share in the market in 2021. Consumer eating habits are continually changing as a result of increased health concerns. Consumers today place a high value on health and immunity, which is why so many people are eager to boost the number of vegetables they consume daily. Consumption of vegetable salads is increasing, particularly among obese and overweight people trying to lose weight. Excellent-quality veggies with high nutritional content will remain popular in the next years.
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Top Market Players
Market players such as Decco-UPL, BASF SE, Colin Campbell Chemicals Pty Ltd, Bayer AG, Corteva, Agrofresh, Valent Biosciences LLC, Futureco Bioscience S.A., Janssen Pharmaceutica NV, JBT, Pace International, LLC, and FMC Corporation are some key players operating in the global market.
In September 2021, Pace International announced the launch of PrimaFresh 60 Organic. This includes a premium range of edible coatings; PrimaFresh 60 is the newest breakthrough. The unique coating method gives the fruit a longer-lasting, more durable sheen while dramatically decreasing moisture loss. Thus, major players’ launch of a broad range of edible plant coatings is driving the market growth during the forecast period.
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Polaris Market Research has segmented the Post-harvest Treatment market report based on type, application, and region:
Post-harvest Treatment, Type Outlook (Revenue – USD Billion, 2018 – 2030)
- Sprout Inhibitors
- Ethylene Blockers
Post-harvest Treatment, Application Outlook (Revenue – USD Billion, 2018 – 2030)