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At 7.4 % of CAGR, Post-Harvest Treatment Market Anticipated to Grow $2.22 Billion by 2026 | Deco, Pace International, Xeda International, JBT and Others.

03-20-2020 09:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports and Data

Post-harvest Treatment Market To Reach USD 2.22 Billion By 2026

Post-harvest Treatment Market To Reach USD 2.22 Billion By 2026

The Global Post-Harvest Treatment Market was valued at USD 1.25 Billion in 2019 and is expected to reach USD 2.22 Billion by year 2026, at a CAGR of 7.4 %. The study talks about the rising adoption of this treatment in various industries like to protect the cereal crops, root crops, and fruits and vegetable help to minimize the losses during transportation, storage, and distribution. This, in turn, will help to combat hunger and strengthen food security. This treatment relies on the growth of the fruits and vegetable sector. Also growing awareness about it is expected to promote the industry growth in the coming years.

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In market segmentation by manufacturers, the report covers the following companies:- Deco, Pace International, Xeda International, JBT, Agrofresh, Syngenta, Nufarm, DOW Chemicals, Dupont, Bayer and others.

This treatment involves the protection and enhancement of quality of the product such as fruits, vegetables, and root crops. The treatment largely determines whether the produce is sold for fresh consumption or used as a processed food product. This treatments slow down the physiological processes of maturation and minimize the risk of microbial growth and contamination. This, in turn, translates into a better price for the produce, which helps to improve the farmers' livelihoods and contribute to generate additional employment and rural development. This technology lies in the fact that it has capability to meet food requirement of growing population by eliminating avoidable losses making more nutritive food items from low grade raw commodity by proper processing and fortification, diverting portion of food material being fed to cattle by way of processing and fortifying low grade food and organic wastes and by-products into nutritive animal feed.

In addition to basic post-harvest technologies, an array of others have been developed with the likes of various physical (heat, irradiation, and edible coatings), chemical (antimicrobials, antioxidants, and anti-browning) and gaseous treatments. Global increase in scarcity of food and an urgency to feed the growing demand of population growth are helping in the demand of industry. This is constantly motivating the government to focus on the treatment of agriculture produce. Moreover, growing awareness and need for tackling the losses is expected to propel growth of the global market in the coming years.

For the purpose of this report, Reports and Data has segmented the Post-harvest treatment market on the basis of type, application and region:

Coating Material (Revenue, USD Million; 2019-2026)
Coating
Ethylene Blockers
Cleaners
Fungicides
Sprout Inhibitors
Sanitizers

Application (Revenue, USD Million; 2019-2026)
Fruits
Vegetables

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Regional Outlook (Revenue in USD Million; 2019-2026)
North America
Europe
Asia Pacific
South America
Rest of the world

Further key findings from the report suggest

In 2010, in the USA around 1/3 of the total available food was wasted at retail and consumer level owing to the treatment problem.

Continuous growing scarcity of resources like land, water is forcing the government to promote the contribution of the treatment to eliminate the hunger problems in society.

According to FAO of United Nations, global quantitative food losses and waste per year roughly 30% for cereals, 40-50% for root crops, fruits, and vegetables, 20% for oilseeds, meat, and dairy plus 35% for fish, showing the ever-growing demands for this treatment.

The Asia-Pacific region is the largest and fastest growing market due to large-scale fruit and vegetable production and its established export trade. India and China are the significant shares with the highest percentage of the market.

North America and Middle East Asia are the markets having huge growth potential in the coming years due to their growing export of fruits and vegetables, shifting focus on reducing losses.

Strict government regulations in Europe hinder the growth of processing market in the coming years.

The coatings sector dominated this market in 2016 as it helps extend shelf life, improve appearance and delay the ripening of fruits and vegetables.

The cleaning products market is expected to grow at the highest compound annual growth rate, due to its full application to all types of fruits and vegetables.

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The research provides answers to the following key questions:

What will be the marketing and pricing strategies adopted by prominent vendors operating in the Post Harvest Treatment Market for the forecast years from 2019 to 2026?

What are the new uses for the existing products or services and how have they contributed towards increasing the demand for products or services?

What are the general conditions prevailing and influencing the business environment of the Post Harvest Treatment Market?

Who are the key manufacturers venturing into new geographies to establish a lucrative market their products and services?

What will be the dynamics of the demand and supply and the requirements of the distribution channel across the globe in the near future?

What will be the market share of the Post Harvest Treatment industry over the considered time periods?

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