Press release
Fruit Ripening Agents Market Growth, Trends, Revenue, Share and Demands Research Report 2030
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from the governments, as well as from several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
Fruit ripening agents speed up the ripening process of fruits prior to them being fully ripened. These agents are generally unsaturated hydrocarbons such as ethylene, acetylene, and others. The most common ripening agent that is widely adopted in the process is calcium carbide. When in contact with moisture, calcium carbide produces acetylene gas that has similar effects to ethylene, a natural ripening agent.
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What does the Report Include?
The global market for fruit ripening agents report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides a comprehensive research into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2022 and 2029.
DRIVING FACTORS
Growing Import-Export Activities to Favor Growth
According to the International Trade Centre, Ecuador exported about 22.6% of the total banana exports to the United States that accounted for around USD 3.3 billion. The growing import-export activities of fruits are driving the demand for advanced fruit ripening agents to ensure premium quality products being consumed by the population. Additionally, the growing demand for exotic fruits is expected to boost the growth of the global fruit ripening agents market in the forthcoming years.
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REGIONAL INSIGHTS
High Demand for Fruits in North America to Aid Growth
Among all the regions, North America is expected to experience a considerable growth in the global fruit ripening agents market during the forecast period. This is attributable to the increasing demand for fruits owing to their several health benefits that is likely to propel the demand for innovative fruit ripening agents in the region.
The market in Asia-Pacific is anticipated to showcase substantial growth owing to the increasing area under cultivation of fruits and the rising exports of fruits in the region between 2020 and 2027.
COMPETITIVE LANDSCAPE
Eminent Companies Focus on Collaboration to Develop Advanced Fruit Ripening Agents
The global fruit ripening agents market is consolidated by the presence of major companies that are striving to maintain their stronghold by collaborating with other companies to develop advanced fruit ripening agents. Additionally, key players operating in the market are adopting strategies such as partnership, the introduction of new products, and merger and acquisition that is expected to contribute to the growth of the market.
Industry Development:
March 2019 - Catalytic Generators announced the launch of Easy-Ripe Generator that connects to the outside area of a ripening room. According to the company, the generator creates ethylene and utilizes a flue system to pass the ethylene output in the room.
List of the Companies Profiled in the Global Market for Fruit Ripening Agents:
Bayer CropScience
Dow Chemicals
Syngenta AG
Nufarm
Tata Chemicals
Valent BioSciences
Arysta LifeScience
Catalytic Generators
Others
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