Market Highlights
The global Post-Harvest Treatment Products Market for fruits & vegetables was valued at USD 1.32 Billion in 2018 and is projected to register a CAGR of 7.3% during the forecast period, 2019–2024. The use of post-harvest treatment products for fruits and vegetables increased with the rising trade of fruits and vegetables across the globe. The increasing demand for exotic fruits and vegetables and focus on post-harvest losses are the major factors driving market growth. However, the unavailability of efficient infrastructure in developing countries and stringent regulations in Europe for chemical residue on agricultural produce are restricting the growth of the market. The shift in consumption patterns to organic products is impacting market growth.
Based on type, the global Post-Harvest Treatment Products Market for fruits & vegetables has been divided into cleaners, coatings/wax, ethylene blockers, fungicides, sprout inhibitors, and others. The coatings/wax segment accounted for the maximum market share in 2018 as these products help in extending shelf life, enhancing the appearance, and delaying ripening. However, the market for cleaners is expected to register the highest CAGR during the forecast period.
Key Players
Some of the key players in the global post-harvest treatment products market for fruits & vegetables are Pace International (US), Nufarm (Australia), DECCO – UPL (US), JBT Corporate (US), Fomesa Fruitech (Spain), Syngenta (Switzerland), DowDupont (US), Bayer (Germany), Xeda International (France), Colin Campbell (Chemicals) Pty Ltd (Australia), Janssen Pharmaceutica NV (Belgium), AgroFresh (US), FMC Corporation (US), Futureco Bioscience S.A. (Spain), and Post-Harvest Solution Ltd (New Zealand).
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Regional Analysis
Based on region, the global post-harvest treatment products market for fruits & vegetables has been divided by North America, Europe, Asia-Pacific, and RoW.
Asia-Pacific is expected to dominate the global post-harvest treatment products market for fruits & vegetables owing to increasing awareness regarding the high post-harvest losses and benefits of post-harvest treatment of fruits & vegetables. The growing fruits & vegetables industry in the region is also a major factor driving the growth of the post-harvest treatment products market for fruits & vegetables.
The North American post-harvest treatment products for fruits & vegetables market has further been segmented into the US, Canada, and Mexico. The European post-harvest treatment products for fruits & vegetables market has been classified as Germany, France, Italy, Spain, the UK, and the rest of Europe. The post-harvest treatment products for fruits & vegetables market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The post-harvest treatment products for fruits & vegetables market in the rest of the world has been segmented into South America, the Middle East, and Africa.
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