According to a new report Global Post-Harvest Treatment Market, published by KBV research, The Global Post-Harvest Treatment Market size is expected to reach $2.3 billion by 2027, rising at a market growth of 7.1% CAGR during the forecast period.
The Fungicides market is expected to witness a CAGR of 6.3% during (2021 - 2027). Fungicides are biological organisms or biocidal chemical compounds which can kill parasitic fungi. Fungi can damage the farms which may result in critical loss to yield, profit as well as quality of commodities. Fungicide residues are mainly found in food through post-harvest treatments.
The Fruits market acquired maximum revenue share in Global Post-harvest Treatment Market by Crop Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,407.4 million by 2027. This is because of fruits are highly perishable in nature. The use of post-harvest treatments helps in delaying ripening, increasing shelf life and maintain the quality and appearance of the fruits. Rising demand for organic fruits also serves as an opportunity for post-harvest treatment market.
The Asia Pacific market is the fastest growing region in the Global Post-harvest Treatment Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,127.7 million by 2027, growing at a CAGR of 7.1 % during the forecast period. The Europe market is expected to witness a CAGR of 6.5% during (2021 - 2027). Additionally, The North America market is expected to witness a CAGR of 6.8% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/post-harvest-treatment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of John Bean Technologies Corporation, BASF SE, Syngenta AG Group (China National Chemical Corporation), Fomesa Fruitech, United Phosphorus Ltd. (Decco), AgroFresh Solutions, Inc., Nufarm Limited, Sumitomo Chemical Co., Ltd., and Apeel Science.
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