PUBLISHER: Orion Market Research | PRODUCT CODE: 1505187
PUBLISHER: Orion Market Research | PRODUCT CODE: 1505187
Global Post-Harvest Treatment Market Size, Share & Trends Analysis Report by Type (Coatings, Cleaners, Fungicides, Ethylene Blockers, and Other Types), by Crop Types (Fruits & Vegetables, Flowers & Ornamentals, and Other Crop Types), and by Origin (Natural, and Synthetic) Forecast Period (2024-2031)
Post-harvest treatment market is anticipated to grow at a CAGR of 7.2% during the forecast period (2024-2031). Post-harvest treatment is a process that helps preserve the quality and shelf life of crops after harvest. It aims to maintain freshness, minimize spoilage, and extend shelf life. Common post-harvest treatment methods include temperature control, sorting and grading, washing, and sanitizing, waxing and coating, controlled atmosphere storage, and chemical treatments.
Market Dynamics
Rising Demand for Fresh Produce
Consumers prioritize healthy eating habits, leading to increased demand for fresh fruits and vegetables. Urbanization and globalized food supply chains require effective post-harvest treatments to maintain quality and extend shelf life, reducing food waste. Therefore, the increasing urbanization and growing demand for fresh produce are key factors driving the growth of the global post-harvest treatment market.
Reducing Food Waste
Sustainability concern regarding food waste is a significant global issue, and post-harvest treatments play a vital role in minimizing it. By extending shelf life and reducing spoilage, these treatments contribute to a more sustainable food system. Economic Benefits as reduced food waste translates to economic benefits for farmers, retailers, and consumers.
Market Segmentation
Coatings are Projected to Emerge as the Largest Segment
Coatings are the largest segment in the post-harvest treatment market due to their versatility, effectiveness, cost-effectiveness, availability of diverse options, and ease of application. They can preserve freshness and extend shelf life by creating a physical barrier, reducing moisture loss, and preventing bruising. Coatings are cost-efficient, especially for large-scale producers, and offer a variety of coating types, from traditional waxes to advanced edible coatings.
The global post-harvest treatment market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific Holds Major Market Share
Asia-Pacific holds a significant share owing to the rising demand for post-harvest treatment across the region. The rising disposable income, changing dietary habits, and challenges in the supply chain are key contributors to the high demand for post-harvest treatment options across the region. The region's diverse climates necessitate effective post-harvest treatments to minimize spoilage. Government initiatives, such as food security and infrastructure development. Growing awareness of the benefits of post-harvest treatments among farmers, retailers, and consumers is also driving regional market growth.
The major companies serving the global post-harvest treatment market include JBT Corp., Syngenta Crop Protection, Inc., Nufarm Ltd., Bayer AG, and BASF SE, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive. For instance, in May 2023, KitoZyme and Janssen PMP signed an Exclusive Collaboration Agreement to evaluate and develop KitoZyme technologies for post-harvest use on fresh produce.