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), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global post-harvest treatment market size is projected to grow from USD 1.5 billion in 2019 to USD 2.3 billion by 2026, in terms of value, recording a compound annual growth rate (CAGR) of 6.5% 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 cleaners segment is projected to grow at the highest growth rate during the forecast period.
The cleaners segment is projected to record a high growth rate due to the increasing demand for natural cleaners to treat fruits and vegetables. Cleaning is considered as an important step to determine the quality of fruits and vegetables. Cleaning helps in the removal of dirt, waxes, and pre-harvest chemicals, such as pesticides from fruits and vegetables. The increasing demand for organic fruits and vegetables from developed regions creates the need for organic and bio-based cleaners to treat fruits and vegetables instead of using raw water. 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.
- Increase in Need to Reduce Post-Harvest Losses
- Growth in Demand for Exotic Fruits and Vegetables Due to A Boom in the Hospitality Industry
- Stringent Regulations in Europe
- Lack of Infrastructure and Improper Post-Harvest Handling
- Development of Organic and Bio-Based Post-Harvest Products Such as Edible Coating
- Technological Innovations in the Post-Harvest Industry
- Lack of Awareness Toward Post-Harvest Losses and Post-Harvest Treatment Product Applications
- Pace International Llc
- Xeda International
- FMC Corporation
- Fomesa Fruitech
- Corteva Agriscience
- RPM International
- Sensitech Inc
- Post-Harvest Solutions
- Janssen PMP
- Colin Campbell Pty Ltd
- Futureco Bioscience
- Valent Biosciences
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