PUBLISHER: The Business Research Company | PRODUCT CODE: 1436606
PUBLISHER: The Business Research Company | PRODUCT CODE: 1436606
Post-harvest treatment encompasses various processes applied to products before storage, aiming to reduce spoilage and enhance appearance and marketability. This treatment is particularly relevant for fresh fruits and vegetables, involving methods such as degrading, curing, wax coating, and the application of growth regulators. These treatments also prove effective in minimizing cooling damage during refrigerated storage.
The main types of post-harvest treatments are coating, ethylene blockers, fungicides, cleaners, sanitizers, and sprout inhibitors. Coatings are used in post-harvest treatments such as surface coating, heat treatments, irradiation, and ethylene to improve vitamin C retention during storage of citrus fruits. The coating of fruits will keep fruits fresh for longer periods of time. Post-harvest treatments are applied to fruits and vegetables.
The post-harvest treatment research report is one of a series of new reports from The Business Research Company that provides post-harvest treatment statistics, including post-harvest treatment industry global market size, regional shares, competitors with post-harvest treatment shares, detailed post-harvest treatment segments, market trends and opportunities, and any further data you may need to thrive in the post-harvest treatment industry. This post-harvest treatment research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The post-harvest treatment market size has grown strongly in recent years. It will grow from $1.59 billion in 2023 to $1.74 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth observed in the historic period in the post-harvest treatment market can be attributed to several factors. Knowledge sharing and research initiatives played a crucial role in advancing post-harvest treatment methods.
The post-harvest treatment market size is expected to see strong growth in the next few years. It will grow to $2.45 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The anticipated growth in the forecast period for the agriculture industry can be attributed to various factors, including economic trends and increased investments, a focus on research and development, a growing demand for pest and disease control, heightened quality standards, and the expansion of global supply chains. These elements are expected to contribute to the overall development and advancement of the agriculture sector.
An upsurge in awareness regarding post-harvest treatments is anticipated to drive the growth of the post-harvest treatment market. Post-harvest treatment involves processes aimed at reducing spoilage and enhancing the appearance and marketability of harvested crops. These treatments are commonly applied in the fresh fruit market after crop harvesting, starting from the moment the crops are removed from the ground. Governments are actively showing interest in promoting post-harvest techniques, with several initiatives taken to improve these practices across various states. For instance, in September 2022, the United States Department of Agriculture (USDA) allocated an additional $155 million in supplementary funding to the USDA Healthy Food Financing Initiative program, as reported by the Federation of American Scientists, a US-based nonprofit organization. Consequently, the growing awareness of post-harvest treatment contributes to the expansion of the post-harvest treatment market.
The expanding global population is expected to be a driving factor for the growth of the post-harvest treatment market in the foreseeable future. The term "population" refers to the total number of individuals residing in a specific area, region, or country, reflecting demographic growth. Post-harvest treatment plays a crucial role in ensuring food security for a growing population by mitigating post-harvest losses, extending shelf life, and preserving the nutritional quality of harvested crops. These efforts contribute to the establishment of an efficient and sustainable food supply chain. As reported by the United Nations, a US-based intergovernmental organization, the world's population is projected to increase by nearly 2 billion people over the next 30 years, reaching 9.7 billion by 2050 from the current 8 billion. Hence, the rising global population is a significant driver of the post-harvest treatment market's growth.
The strategic collaboration between companies is emerging as a key trend in the post-harvest treatment market. Businesses involved in post-harvest treatment are increasingly forming partnerships and collaborations to drive innovation in technologies and products. An example of such collaboration is the renewed partnership between Chrysal International B.V., a US-based agricultural company, and Syngenta AG. This collaboration focuses on the Alesco post-harvest treatment, an economical solution that extends the longevity of flowers and enhances shelf life by up to three weeks, depending on various factors such as the variety and environmental conditions.
Major players in the post-harvest treatment market are also emphasizing the introduction of post-harvest fungicides to gain a competitive advantage. Post-harvest fungicides are substances applied to harvested crops or stored produce to prevent or control fungal growth, decay, and spoilage during storage and transportation. They play a crucial role in preserving the quality of agricultural products and extending their shelf life. For instance, Syngenta AG recently launched Archive, a new post-harvest fungicide designed specifically for potatoes. Archive, a pre-mix fungicide, employs two unique modes of action through its active ingredients, Fludioxonil and Azoxystrobin, providing robust protection against silver scurf and Fusarium dry rot diseases.
In June 2021, JBT, a prominent US-based company specializing in food safety technology, successfully acquired Prevenio for a sum of $170 million. Following this acquisition, Prevenio is now integrated into JBT Corporation and operates under the JBT Corporation name. The strategic move is expected to strengthen JBT's recurring revenue portfolio, providing a solid foundation for investments in solutions that cater to the needs of customers within the post-harvesting industry. Prevenio, originally based in New Jersey, brings its expertise in post-harvesting operations to complement JBT's capabilities in the food safety technology sector.
Major companies operating in the post-harvest treatment market report are DowDuPont Inc., Bayer AG, Syngenta Group, Isolcell S.p.A., Agricoat natureseal Ltd., Valmont Industries Inc., Food Freshly Pvt. Ltd., Nufarm Ltd., JBT Corporation, TOMRA Sorting Solutions Corp., Apeel Sciences Inc., Harvest CROO Robotics, AgroFresh Solution ltd., Decco U.S. Post-Harvest Inc., Valent BioSciences LLC, Certis USA LLC, Citrosol S.A, Bioconservacion S.A., Pace International LLC, Cultiva Solutions LLC, Xeda International S.A.S, Fomesa Fruitech S.A, Post Harvest Solution Ltd., Januaryssen PMP, Futureco Bioscience S.A, Sufresca S.P.A, Ceradis B.V
Asia-Pacific was the largest region in the post-harvest treatment market in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the post-harvest treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the post-harvest treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The post-harvest treatment market consists of revenues earned by entities by providing pasteurization and freezing. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Post-Harvest Treatment Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on post-harvest treatment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for post-harvest treatment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The post-harvest treatment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.