Market Leaders: Majority of Big Players are Focusing on Investment and new Product Development to Strengthen their Market Position in Post-harvest Treatment Market
According to MarketsandMarkets, the post-harvest treatment market is projected to reach USD 2.7 billion by 2028 from USD 1.7 billion by 2022, at a CAGR of 7.8% during the forecast period in terms of value. In agriculture, post-harvest handling is a very critical stage of the overall crop production process. Harvested products are metabolically active and undergo various ripening and senescence processes, which need to be controlled for prolonged post-harvest quality of the produce.
The key players in this market include JBT Corporation (US), Syngenta (Switzerland), Nufarm (Australia), Bayer (Germany), BASF (Germany), AgroFresh (US), Decco (US), Pace International (US), Xeda International (France), Fomesa Fruitech (Spain), Citrosol (Spain), Post Harvest Solution Ltd. (New Zealand), Janssen PMP (Belgium), Colin Campbell Pty Ltd (Australia), Futureco Bioscience (Spain), Apeel Sciences (US), Polynatural (Chile), Sufresca (Israel), Ceradis (Netherlands), and AgriCoat NatureSeal Ltd. (UK).
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John Bean Technologies Corporation (JBT) is globally leading technology solutions provider firm to the food processing and air transportation industries. The company is focused on catering to high-end categories of the food and beverage industry with special emphasis on proteins and varied food and health. JBT offers post-harvest treatment products under the JBT FoodTech segment. These products include fungicides, cleaners, and sanitizers for preventing post-harvest losses in fruits and vegetables. JBT has a global presence. Its major division, JBT FoodTech, operates in North America, South America, Europe, Asia Pacific, Africa, and the Middle East.
In July 2021, JBT Corporation announced upgrades to one of its Sta-Fresh Pineapple Coating Technology solutions. Sta-Fresh 2952 is a high-quality, innovative pineapple coating that enhances product consistency and use. This expanded its coating product portfolio.
Syngenta Crop Protection AG is a global leader in the crop protection industry with 150 subsidiaries across the world. It is primarily engaged in the development, production, and marketing of various products to improve crop yield and food quality. Syngenta Crop Protection AG (Switzerland) developed advanced manufacturing facilities in Switzerland, the US, the UK, France, India, China, and Brazil. Syngenta Crop Protection AG, along with ADAMA Agricultural Solutions (Israel), entered into an agreement with Nufarm (Australia) to divest its Crop Protection products. It helps millions of farmers to produce good quality crops through the proper usage of technology.
In January 2022, Syngenta Crop Protection AG launched Archive, a post-harvest fungicide, which combines two unique modes of action for more broad-spectrum disease control and built-in resistance management. This expanded its coating product portfolio.
Bayer AG operates as one of the key leaders in the life sciences industry and functions in the areas of healthcare and agriculture. The company operates through three business segments—Pharmaceuticals, and Crop Science. Bayer has its presence in 120 countries and supplies its products and solutions through its subsidiaries. The company operates in Europe and has an active presence in North America, Latin America, Africa, and the Middle Eastern & Asia Pacific regions.
In November 2021, BAYER AG announced a partnership with Microsoft Corp., United States, to build a new cloud-based set of digital tools and data science solutions for use in agriculture and adjacent industries. The partnership is expected to bring new infrastructure and foundational capabilities to accelerate innovation, boost efficiency and support sustainability across value chains for food, feedstuffs, fuels, and textile fibers.
Related Reports:
Post-harvest Treatment Market by Type (Coating, Ethylene Blockers, Fungicides, Sanitizers, Cleaners, Sprout Inhibitors), Crop Types (Fruits, vegetables, and Flowers & Ornamentals), Origin (Natural, Synthetic) and Region - Global Forecast to 2027
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