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If You Read One Article About Fruits and Vegetables Coatings Market Read this One.
Posted: Oct 06, 2019
Coatings are applied on fruits and vegetables to protect their natural texture and prevent moisture loss and post-harvest diseases. They also help to maintain the freshness of fruits and vegetables.
Vendors offering post-harvest preservation solutions, such as fruit and vegetable coatings, are also focusing on developing innovative coatings. For instance, in August 2019, Apeel Sciences revealed its new edible coatings for fruits and vegetables. Similarly, in October 2018, Pace International, launched its new PrimaFresh 606 GL, an edible coating. The new coating provides respiration control when applied to harvested fruits and extend the fruits freshness, shelf life, and eye appeal.
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Additionally, the new coatings include improved fruit coverage and performance in a broad range of packaging line configurations, fast-drying properties, and long-lasting shine compared with other products during storage. Similarly, in August 2019, John Bean Technologies launched its new organic fruit coating, Sta-Fresh 2582 OR. The company claims that the new product provides improved defect-resistance compared with other fruit coatings offered by it. Hence, the innovations in fruit and vegetable coating will drive the growth of the global fruits and vegetables coatings market at a CAGR of 6.79% during the forecast period.
The perishable nature of fruits and vegetables coupled with the spread of post-harvest diseases because of pathogen infestation is leading to significant losses. For instance, the fruits and vegetables market in China witnesses about 40% post-harvest loss on fruits and vegetables such as strawberries, grapes, bananas, tomatoes, mushrooms, bok choy, and lettuce. Similarly, countries such as India have also witnessed a significant increase in post-harvest losses over the past few years. These factors are increasing the demand for affordable post-harvest control solutions such as the application of fruits and vegetables coatings. These coatings improve shelf life of fruits and vegetables by preventing oxidation, moisture transfer, and pathogen growth. The rising post-harvest losses is one of the key factors that will drive the need for fruits and vegetables coatings over the forecast period.
The global market is fragmented. To help clients improve their market positions, this fruits and vegetables coatings market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This fruits and vegetables coatings market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The fruits coatings market segment held the largest market share in 2018 and will account for the highest fruits and vegetables coatings market share over the forecast period as well. Vendors are focusing on the development of edible coatings on fruits to avoid degradation during post-harvesting processes. This report provides an accurate prediction of the contribution of all the segments to the growth of the fruits and vegetables coatings market size.
With a complete study of the growth opportunities for companies, it has been identified that APAC will account for the highest share of the fruits and vegetables coatings market throughout the forecast period. The lack of storage and processing facilities in developing countries such as India is causing significant losses to farmers. Similarly, post-harvest losses in Vietnam is affecting the country’s export of fruits and vegetables. These factors are increasing the use of fruits and vegetables coatings in APAC, driving fruits and vegetables coatings market size in the region.
Love to share the info on various topics of the markets, along with their latest market trends, size, share and growth with forecast.