The global report on the post-harvest treatment products market for fruits vegetables reveals a possibility to move up with a CAGR of 7.3% during the forecast period of 2019 to 2024. In 2018, the market valuation was USD 1.32 billion. Market Research Future (MRFR) in their report revealed that this progress would be substantially backed by key factors like a hike in demand for agricultural yields, demand for exotic food, need for reduction of the wastage, and others.
However, the growth in the post-harvest treatment products market for fruits vegetables in various poor economies would be sluggish. This is owing to a lack of infrastructure needed for the smooth development of the post-harvest treatment products market for fruits vegetables.
The global report on the post-harvest treatment products market for fruits vegetables includes segments like type and application. These segments are known for yielding various inputs to help in the development of the market.
By type, the report on the post-harvest treatment products market for fruits vegetables includes cleaners, ethylene blockers, coatings/wax, sprout inhibitors, fungicides, and others.
By application, the report on the post-harvest treatment products market for fruits vegetables can be segmented on the basis of fruits and vegetables. The fruits segment would include bananas, berries, pomes, mangoes, citrus fruits, and others. The vegetable segment would include potatoes, tomatoes, onions, and others.
The regional analysis of the post-harvest treatment products market for fruits vegetables includes several inputs regarding various demographic challenges that can be curtailed to increase the profit margin. The Asia Pacific region is expected to control various changes in the market. The region relies heavily on the agrarian economies where the easy inclusion of the entire process would secure growth. Countries like India, China, Japan, and Australia are expected to dominate the regional market growth. In Europe, the market would be boosted by various countries like France, the UK, Italy, and others as technological inclusion would be easy in these countries. But Eastern Europe may not find the growth to be such prolific.
North America would benefit from contributions made by countries like the US and Canada where huge agricultural lands produce a massive amount of crop that requires such post-harvest treatment. These countries are building their prospects by heavily investing in the research and development sector.
Several companies are making a prominent name for themselves in the post-harvest treatment products market for fruits vegetables. This can be deciphered from its strategic moves that often rely on mergers, branding, acquisitions, collaborations, and others. These companies are DECCO - UPL (US), Pace International (US), Syngenta (Switzerland), JBT Corporate (US), Xeda International (France), DowDupont (US), AgroFresh (US), Colin Campbell (Chemicals) Pty Ltd (Australia), Nufarm (Australia), FMC Corporation (US), Fomesa Fruitech (Spain), Bayer (Germany), Futureco Bioscience S.A. (Spain), Janssen Pharmaceutica NV (Belgium), and Post-Harvest Solution Ltd (New Zealand)
In February 2020, SOL Global Investments Corp. announced that its portfolio company CannCure Investments Inc. had secured USD 15 million as an investment to expand One Plant Florida. The latter has made a name in the market as a medical marijuana treatment center.
In February 2020, Indian state Tripura announced that they are trying to get help from Israel to ensure better progress of the agricultural sector. This initiative would help in post-harvest treatment products.
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