The post-harvest treatment market is expected to grow at a compound annual growth rate of 6.73% over the forecast period to reach a market size of US$2.271 billion in 2027, from US$1.439 billion in 2020.
The market is expected to surge in the coming years, due to the rise in food demand, worldwide. With the increase in disposable income and the growing population, there has been an immense demand for clean and safer agricultural products. According to the data given by the Food and Agriculture Organisation, the global population has been expected to grow to 2.3 billion between the years 2009 and 2050. Moreover, the FAO projections stated that feeding a global population of an estimated 9.1 billion people in 2050 would require the growth of food production by around 70% between 2007 and 2050. With the increase in income and population, especially in lower and middle-income countries, the demand to consume high-quality food is expected to grow significantly. Favorable government policies to enhance the total agricultural output has been expected to play a major and imperative role in the market growth. Moreover, the increasing emphasis on research and development to develop and introduce novel post-harvest treatment solutions is expected to improve the market demand.
Increase in agricultural trade
The market is expected to surge in the coming years, due to the growth in agricultural trade globally. With the creation and development of the World Trade Organisation in 1995, there had been a rise in overall agricultural exports and imports worldwide. The increasing challenge to combat environmental solutions, water scarcity, and others, are expected to enhance the need for high food productivity solutions. According to the data given by the World Bank, global agricultural exports had exceeded and crossed US$1.8 trillion in the year 2019. The rise in the trade of grains and cereals has a positive impact on the market. Farmers have been adopting novel solutions to increase their agricultural output. Moreover, major logistics companies have also been increasing the usage of post-harvesting solutions to keep the quality of the products at its highest. This development had been expected to play a considerable role in the market growth in the coming years.
Several firms and corporations have been making a considerable impact in the market in the past few years. With the rise in spending on R&D and increasing government incentives and schemes to develop advanced and novel post-harvest treatment solutions, the market has been projected to register considerable growth in the coming years.
Growing demand for fresh foods
The market has been expected to surge in the coming years, due to the increasing demand for fresh foods, worldwide. According to the data given by the Institute of Food Technologists, global fresh food demand has been expected to surge at a considerable rate. Regions such as the Asia Pacific and the Middle East, and Africa are expected to register significant growth, due to the increase in population and growing income. Moreover, the increasing surge in the consumption of organic fresh food had also been expected to bolster market growth. Europe has also been projected to enhance the demand for fresh foods. According to the data given by the Center for the promotion of imports from developing nations, the region has been a mature market for fresh vegetables and fruits. Moreover, it is also responsible for around 44% of the global trade value of fresh vegetables and fruits. Countries such as Germany, the UK, France, and others, exhibit significant market growth. This development has been projected to enhance the market growth in the coming years.
|Market size value in 2020||US$1.439 billion|
|Market size value in 2027||US$2.271 billion|
|Growth Rate||CAGR of 6.73% from 2020 to 2027|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Crop Type, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Agrofresh, Decco, Fomesa Fruitech, JBT, Nufarm, DuPont, Pace International, Syngenta, Bayer, Xeda International|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the post-harvest treatment market size by 2027?
A1. The post-harvest treatment market is expected to reach a market size of US$2.271 billion by 2027.
Q2. What is the size of the global post-harvest treatment market?
A2. Post-Harvest Treatment Market was valued at US$1.439 billion in 2020.
Q3. What are the growth prospects for the post-harvest treatment market?
A3. The global post-harvest treatment market is expected to grow at a CAGR of 6.73% over the forecast period.
Q4. What factors are anticipated to drive the post-harvest treatment market growth?
A4. The post-harvest treatment market is expected to surge in the coming years, due to the rise in food demand, worldwide.
Q5. Which region holds the largest market share in the post-harvest treatment market?
A5. The Asia Pacific and the Middle East, and Africa are expected to register significant growth, due to the increase in population and growing income.
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Post-Harvest Treatment Market Analysis, By Type
5.2. Ethylene Blockers
6. Post-Harvest Treatment Market Analysis, By Crop type
7. Post-Harvest Treatment Market Analysis, By Geography
7.2. North America
7.2.1. United States
7.3. South America
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.3. Fomesa Fruitech
9.7. Pace International
9.10. Xeda International
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