According to the latest report by Future Market Insights (FMI), the global post-harvest treatment industry is expected to grow at a CAGR of 4.7% during the assessment period (2022-2032), surpassing US$ 2.2 Bn by 2032.
The Post-Harvest Treatment Market is a critical segment of the agriculture industry that addresses the preservation and enhancement of harvested crops. With a growing global population and increasing demand for fresh produce year-round, post-harvest treatments play a vital role in minimizing losses due to spoilage, pests, and diseases. This market encompasses a wide range of technologies, including cold storage, controlled atmosphere, ethylene inhibitors, and bio-based solutions.
Increasing trade of fresh vegetables and fruits as compared to the other commodities is the primary factor underpinning the growth in the post-harvest treatment industry. This growing trade of exotic vegetables and fruits is increasing the usage of post-harvest treatment to keep the inventory of exotic vegetables and fruits fresh for longer periods of time.
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Further, with the increasing popularity of continental dishes, the consumption of exotic vegetables and fruits in the hospitality industry is surging. Moreover, exotic fruit-based flavors are gaining popularity in countries such as India and China. Hence, the flavor ingredient manufacturers are investing extensively in food products such as ViDA Juice dragon fruit with tonic and flavored frozen pops and Ruby Rockets with grape and acai.
“Increasing adoption of innovative technologies such as chemical-free fumigation techniques for post-harvest treatment of vegetables and fruits is offering significant growth opportunities for the post-harvest treatment market players”, Nandini Roy Choudhury, Client Partner at Future Market Insights
Key Takeaways from Market Study
- The post-harvest treatment industry is expected to expand at a CAGR’s of 8.7% and 7.9% in Latin America and Middle East & Africa, respectively through 2032.
- East Asia and South Asia are expected to hold market share of 18.5% and 13.7% respectively in 2022.
- Based on category, the fruits segment is expected to dominate the market holding around 67.4% share in 2022
- Among the product type, coatings will account for around 43.6% share in 2022 and it is expected to grow at a CAGR of 2.9% over the forecast period.
- Regionally, North America is dominating the post-harvest treatment market with a demand share of around 23.9% share in 2022.
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Competitive Landscape
Key players operating in the post-harvest treatment industry are focusing on developing new products in order to improve their existing product portfolio. For Instance –
- In September 2021, Pace International LLC (US) announced PrimaFresh 60 OR, which was created specifically to improve dehydration control in stone fruit and increase its fresh attractiveness.
- In March 2021, Citrosol (Spain) released Citrocide Fresh Cut, which helps to prevent the decay of peppers, tomatoes, and avocados.
Post-harvest Treatment Market by Category
By Category:
- Fruits
- Vegetables
By Product Type:
- Coatings
- Cleaners
- Sanitizers
- Fungicides
- Sprout Inhibitors
- Ethylene Blockers
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle east and Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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