Post-Harvest Treatment Market size is $1.30Bn in 2019, growing at a CAGR of 5.21% during the forecast period 2020-2025. Post harvesting is a treatment used to improve the storage life and quality of different fruits and vegetables. It deals with the protection and enhancement in the quality of fruits and vegetables by using bio-technology process and chlorine dioxide gas. The use of post-harvest treatments with genome sequencing and phosphate salts for the control of green and blue molds has great impacts oncitrus growers. The calcium content of horticultural crops enhances the consumers in their calcium intake without resorting to supplements. The use of phosphorous-free sources of calcium helps in obtaining good balance of calcium and phosphorus in the diet.
By Type – Segment Analysis
In 2019, Coating segment dominated the Post-Harvest Treatment Market in terms of revenue is estimated to grow at a CAGR of 4.6%.Coating is a method used to increase the shelf life of the products and reduce the quality and quantity losses. The increasing demand for organic fruits and vegetables from developed regions creates the need for organic and bio-based coating for the harvesting of fruits and vegetables. It is used during the packaging process for maintaining the softness, color, odor, flavor of fruits and vegetables. Edible coatings help to prevent unnecessary softening and ripening of fruits and vegetables aids growth to the market.
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Geography – Segment Analysis
In 2019, the Asia-Pacific region dominated Post-Harvest Treatment Market in terms of revenue with a market share of 46%owing towards the increase of processed food and beverages sector and increasing demand for fresh fruits and vegetables. Government has taken initiatives to promote technological advancements in this region are key factors in the growth of the Post-Harvest Treatment market.Europe is estimated to record the fastest growth rate during the forecast period 2020-2025.
Drivers – Post-Harvest Treatment Market
• Increase of Health Conscious People
Increase in the number of health-conscious consumers drive the Post-Harvest Treatment Market owing towards the demand for organic, fresh and exotic fruits and vegetables with no wax coatings products. Consumers demand for high quality products with no changes in nutritional, mineral and calcium properties.
Challenges – Post-Harvest Treatment Market
The lack of proficient organization for post-harvest treatment system and growing stringent government policy and regulation toward market growth is restraining growth of the market. Increasing government stringent regulation towards post-harvest procedure is another factor limiting the market’s growth.
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Post-Harvest Treatment Industry Outlook
Product Launches was the key strategy of the players in the Post-Harvest TreatmentIndustry. Post-Harvest Treatmenttop 10companiesinclude Decco Inc., Pace International, Xeda International,AgroFresh Inc., Syngenta AG, Nufarm, DuPont de Nemours, Inc., Bayer AG, FMC Corporation, and FomesaFruitech.
In May 2017,FMC Corporation achemical manufacturing company producing solutions for the agricultural, textile, and healthcare, acquired DuPont Crop Protection Assets an insecticide producing company. This acquisition helped in increasing consumer demands for organic and chemical free products.
• Increase in demand for health and wellness organic products is set to propel the growth of the market.
• Increase in awareness about the post-harvest treatment for fruits and vegetable among the consumers.
• Europe region is estimated to record the fastest growth rate during the forecast period 2020-2025.
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Crop Protection Chemicals Market
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