The increase in the fruits and vegetable exports is projected to drive the demand for post-harvest treatment. The global post-harvest treatment market size is projected to grow from USD 1. 5 billion in 2019 to USD 2.
New York, Feb. 28, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Post-harvest Treatment Market for Fruits & Vegetables by Type, Crop Type And Region - Global Forecast to 2026" - https://www.reportlinker.com/p05297456/?utm_source=GNW
3 billion by 2026, in terms of value, recording a compound annual growth rate (CAGR) of 6.5% during the forecast period. Some of the major factors driving the growth of the post-harvest treatment market include the increasing demand for exotic fruits and vegetables and the increase in the trade of fresh produce from developing countries.
The fruit segment is projected to dominate the post-harvest treatment market during the forecast period.
The fruit segment is projected to dominate the post-harvest treatment market, by crop type, in terms of value.As chemical-based treatment is majorly applied to the produce that needs to be exported, the requirement for post-harvest treatment solutions remains high for fruits that need to be exported across regions due to increasing demand for tropical fruits, such as mangoes, banana, papaya, pineapple, and stone fruits.
Hence, the fruits segment occupies a major share in the post-harvest treatment market and is also projected to grow at a higher CAGR during the forecast period.
The cleaners segment is projected to grow at the highest growth rate during the forecast period.
The cleaners segment is projected to record a high growth rate due to the increasing demand for natural cleaners to treat fruits and vegetables.Cleaning is considered as an important step to determine the quality of fruits and vegetables.
Cleaning helps in the removal of dirt, waxes, and pre-harvest chemicals, such as pesticides from fruits and vegetables.The increasing demand for organic fruits and vegetables from developed regions creates the need for organic and bio-based cleaners to treat fruits and vegetables instead of using raw water.
Thus, the segment is projected to grow at the fastest CAGR during the forecast.
Asia Pacific is projected to record the highest growth during the forecast period.
The Asia Pacific region is projected to record the highest growth during the forecast period due to the increasing exports of fruits and vegetables from India and China. As the region is developing, post-harvest losses of fruits and vegetables are witnessed on a large-scale, and hence, the need for efficient post-harvest treatment mechanisms remains high, which is subsequently driving the growth of the market.
In-depth interviews were conducted with CXOs, managers, and key executives from various key organizations operating in the post-harvest treatment market.
Break-up of Primaries:
• By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
• By Designation: Managers – 40%, CXOs – 25%, and Executives – 35%
• By Region/Country: Asia Pacific – 50%, Europe – 30%, North America – 10%, and ROW* – 10%
*RoW includes South America and the Middle East & Africa.
The post-harvest treatment market comprises major players, which include Decco (US), JBT (US), Pace International LLC (US), Xeda International (France), Agrofresh (US), Syngenta (Switzerland), FMC Corporation (US), Nufarm (Australia), Bayer (Germany), and Citrosol (Spain), Fomesa Fruitech (Spain), Futureco Bioscience (Spain), Corteva Agriscience (US), BASF (Germany), Sensitech Inc (US), Post-Harvest Solutions (New Zealand), Janssen PMP (Belgium), Colin Campbell Pty Ltd (Australia), Valent Biosciences (USA), and RPM International (US).
The study covers the post-harvest treatment market across various segments.It aims at estimating the market size and its growth potential across different segments on the basis of type, crop type, and region.
The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall post-harvest treatment market segments and subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
The report will also help the stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
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