In 2022, the market for post-harvest treatment products was estimated to be worth USD 1.8 billion. The market for post-harvest treatment products is expected to expand at a compound annual growth rate (CAGR) of 6.3% between 2023 and 2030, from USD 1.9 billion in 2023 to USD 2.7 billion.
The post-harvest treatment products market has seen significant growth in recent years, driven by the increasing global demand for fresh, high-quality produce and the need to minimize post-harvest losses. These products, which include fungicides, sanitizers, coatings, and ethylene blockers, play a crucial role in extending the shelf life of fruits, vegetables, and other perishable goods.
The Asia-Pacific post-harvest treatment products market is experiencing rapid growth due to the region's large agricultural base and rising awareness about food wastage. Countries such as China, India, and Japan are major contributors to the market, driven by their extensive agricultural activities and growing population demands. The market is characterized by a shift towards modern agricultural practices and the adoption of advanced post-harvest technologies to improve food security and reduce losses. Investments in infrastructure and cold chain logistics are enhancing the efficiency of post-harvest treatments. Additionally, government initiatives and policies aimed at improving agricultural productivity and sustainability are supporting market growth. The Asia-Pacific region also presents significant opportunities for market players to introduce cost-effective and innovative solutions tailored to the local agricultural practices and climatic conditions. As the region continues to urbanize and incomes rise, the demand for high-quality, fresh produce is expected to drive further advancements in post-harvest treatment technologies.
Key Drivers of Market Growth
- Rising Consumer Awareness: Today’s consumers are more informed and health-conscious, demanding fresh and safe produce. Post-harvest treatment products help maintain the quality and safety of fruits and vegetables, ensuring they reach consumers in the best possible condition.
- Reducing Food Waste: Post-harvest losses account for a significant portion of the global food waste problem. By using effective treatment products, producers can drastically reduce spoilage and decay, thereby contributing to food security and sustainability efforts.
- Technological Advancements: Innovations in post-harvest technology have led to the development of more effective and environmentally friendly treatment products. These advancements not only enhance the efficacy of treatments but also address concerns about chemical residues and environmental impact.
- Regulatory Support: Governments and international bodies are increasingly implementing regulations that promote the use of post-harvest treatments to ensure food safety and reduce waste. This regulatory backing is pivotal in driving market growth.
Key players :
Pace International LLC (U.S.), Bayer AG (Germany), Syngenta AG (Switzerland), AgroFresh (U.S.), JBT Corporation (U.S.), Nufarm (Australia), DuPont de Nemours Inc. (U.S.), FMC Corporation (U.S.), Futureco Bioscience S.A. (Spain), and Post-Harvest Solution Ltd (New Zealand)
Market Segmentation
The post-harvest treatment products market is segmented based on product type, crop type, and geography. Fungicides dominate the market due to their effectiveness in controlling post-harvest diseases. Coatings and ethylene blockers are also gaining traction as they help in extending the shelf life and maintaining the quality of produce.
Challenges and Opportunities
While the market is growing, it faces challenges such as the high cost of advanced treatment products and the need for proper handling and application. However, these challenges also present opportunities for innovation and education within the industry.
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Table of content:
- Executive Summary
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Dynamics
To be continued....
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