The global post-harvest treatment market size was estimated at USD 2.01 billion in 2022 and is projected to reach USD 3.12 billion by 2028, growing at a CAGR of 7.6% during the study period. Fruit and vegetable post-harvest losses are estimated to range between 30 and 40%. This is a considerable amount of food that has been thrown away, implying a loss of both food and money. Post-harvest treatments can assist in decreasing these losses by prolonging the shelf life of fruits and vegetables and making them less prone to rotting and deterioration. Post-harvest treatments can have a number of economic advantages, including reduced food waste, increased earnings, and improved market access. Apart from this, it also creates opportunities for the export of the exotic fruits, such as avocados, dragon fruits, and jackfruit, among others. These advantages may contribute to the post-harvest treatment business being more sustainable and lucrative. These are some of the reasons behind post-harvest treatment market growth.
Post-Harvest Treatment Market Drivers: Increasing need to reduce post-harvest losses
Fruits and vegetables are two of the most important dietary commodities consumed worldwide. They are also perishable, making them more vulnerable to post-harvest losses. Post-harvest losses of fruits and vegetables are caused by a variety of reasons, including physical, physiological, and mechanical circumstances, as well as cleanliness. These horticulture crops have a high metabolic rate, which results in a shorter shelf life than other crops. As a result, certain losses occur between the harvest and the eating of these crops. Fruits and vegetables are vulnerable to abiotic and biotic stressors, resulting in significant losses after harvest owing to bacteria, insects, moisture loss, and respiration. External influences, on the other hand, such as exposure to oxygen and carbon dioxide and increased ethylene levels, also lead to losses of fruits and vegetables.
The flowers & ornamentals segment is projected as the fastest-growing segment during the research period.
Flowers & ornamentals is the fastest-growing segment during the forecasted period. Ornamentals are becoming more economically relevant globally, and demand for them is rapidly increasing. Globalization has created new markets and made the export and import of flowers and decorative commodities easier. This has provided chances for farmers and suppliers to broaden their reach and reach a larger client base. These are the factors that are considered to propel the growth of the post-harvest treatment market.
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Natural origin is estimated to be the faster-growing segment during the review period.
Consumers are becoming more aware of the environmental effect of their purchasing decisions. They choose organic, environmentally friendly, and chemical-free items. Natural products correspond to these tastes, resulting in growing demand for such therapies. Governments and regulatory agencies are enforcing stronger rules regarding the use of synthetic chemicals in agriculture and post-harvest treatments. This has prompted the industry to explore and adopt natural alternatives to comply with these regulations. These are the factors that are driving the growth of the segment.
Africa is estimated to be the fastest-growing region during the study period.
Africa’s population is rapidly growing, as is the need for food. This increases pressure on farmers to produce more food while also creating opportunities for businesses to help reduce post-harvest losses. Farmers in Africa are finding it easier to sell their wares as market access increases. Farmers are less likely to lose crops if they can sell them quickly, which reduces post-harvest losses. Furthermore, the private sector is investing in Africa’s post-harvest economy. This is done by companies that create and commercialize post-harvest technologies, as well as those that provide storage and transportation services, and hence it is projected to foster at a higher rate in the post-harvest treatment market.
Leading Post-Harvest Treatment Companies
Key players in this market include JBT (US), Syngenta Crop Protection AG (Switzerland), Nufarm (Australia), AgroFresh (US), Bayer AG (Germany), BASF (Germany), Citrosol (Spain), Hazel Technologies, Inc. (US), Lytone Enterprise, Inc. (Taiwan), Shandong Aoweite Biotechnology Co., Ltd. (China), Fine Chemicals Inc. (US), Apeel Sciences (US), Janssen PMP (Belgium), COLIN CAMPBELL (CHEMICALS) PTY LTD (Australia), Futureco Bioscience (Barcelona), DECCO (US), Pace International, LLC (US), and Xeda International S. A. S. (France).
Key Questions Addressed by the Post-Harvest Treatment Market Report:
What is the post-harvest treatment market?
Why is post-harvest treatment important?
What are the main types of post-harvest treatments?
What are the key drivers of the post-harvest treatment market?
What challenges does the post-harvest treatment market face?
Which regions are driving the growth of the post-harvest treatment market?
What is the market size and growth rate of the post-harvest treatment market?
What are the major players in the post-harvest treatment market?
What is the future of the post-harvest treatment market?
How can businesses gain insights into the post-harvest treatment market?
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