PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627656
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627656
The post-harvest treatment market is expected to grow at a compound annual growth rate of 6.75% over the forecast period to reach a market size of US$2.769 billion in 2030 from US$1.998 billion in 2025.
The market is expected to surge in the coming years, due to the rise in food demand, worldwide. With the increase in disposable income and the growing population, there has been an immense demand for clean and safer agricultural products. According to the data given by the Food and Agriculture Organisation, the global population is expected to grow to 2.3 billion between the years 2009 and 2050. Moreover, the FAO projections stated that feeding a global population of an estimated 9.1 billion people in 2050 would require the growth of food production by around 70% between 2007 and 2050.
With the increase in income and population, especially in lower and middle-income countries, the demand to consume high-quality food is expected to grow significantly. Favorable government policies to enhance the total agricultural output have been expected to play a major and imperative role in market growth. Moreover, the increasing emphasis on research and development to develop and introduce novel post-harvest treatment solutions is expected to improve the market demand.
The post-harvest treatment market is expected to surge in the coming years, due to the growth in agricultural trade globally. With the creation and development of the World Trade Organisation in 1995, there was a rise in overall agricultural exports and imports worldwide. The increasing challenge to combat environmental solutions, water scarcity, and others, is expected to enhance the need for high food productivity solutions. In this regard, Indian agricultural production of food staples is very monsoon-dependent, and farm yields are usually lower than in the rest of the world. Many factors cause low productivity, including inadequate education and training of farmers, heavy government regulation, an inefficient food distribution system, poor infrastructure (resulting in post-harvest losses of up to 40 percent for certain products), unpredictable weather, small average farm sizes (2.7 acres/1.08 hectares and shrinking), inadequate plant and animal genetics, and domestic agriculture support programs and subsidies that distort market signals and hamper investment. This is curbed to a certain level by the application of post-harvest treatment.
The rise in the trade of grains and cereals has a positive impact on the market. Farmers have been adopting novel solutions to increase their agricultural output. Moreover, major logistics companies have also been increasing the usage of post-harvesting solutions to keep the quality of the products at its highest. This development had been expected to play a considerable role in the market growth in the coming years.
Geography-wise, the market of post-harvest treatments is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The market is expected to surge in the coming years, due to the increasing demand for fresh foods, worldwide. Moreover, according to the data given by the Institute of Food Technologists, global fresh food demand has been expected to surge at a considerable rate. Regions such as the Asia Pacific the Middle East, and Africa are expected to register significant growth, due to the increase in population and growing income. Also, the increasing surge in the consumption of organic fresh food has been expected to bolster market growth. India, for instance, offers market access for most fresh fruits. In a growing segment of consumers, there is an increasing demand to insist on high-quality standards and year-round availability of imported fresh fruits. In 2021, Indian imports of U.S. fresh fruits (including but not limited to apples, pears, cherries, and blueberries) were valued at $24.2 million, of which apples had the highest share at $22.5 million.
Europe has also been projected to enhance the demand for fresh foods. According to the data given by the Center for the Promotion of imports from developing nations, the region has been a mature market for fresh vegetables and fruits. Moreover, it is also responsible for around 44% of the global trade value of fresh vegetables and fruits. Countries such as Germany, the UK, France, and others, exhibit significant market growth. The European Union is one of the world's largest agro-food players. It has demonstrated strong resilience in an ever-changing environment, including the economic and policy aspects while proving that it can continue productivity growth. Significant changes must be made for the agriculture sector to enhance its environmental sustainability performance as per its expectations. This development has been projected to enhance the market growth in the coming years.
Reasons for buying this report:-
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence