Report Description
The global fruits and vegetables coating market size was valued at USD 805.27 Million in 2022 and is likely to reach USD 1.45 Billion by 2031, expanding at a CAGR of 6.8% during the forecast period, 2023–2031. The growth of the market is attributed to the growing focus of vendors to increase the shell life of fruits and vegetables.
Fruits and vegetables have short shelf life due to their perishable nature. Insects, micro-organisms, and adverse harvesting conditions are the key factors that negatively impacts 30% fruits and vegetables during transport and preservation. Coating is an effective method to address the preservation issue faced across the globe.
Coating provides protective covering to fruits and vegetables. It is beneficial for both consumers and environment. Edible coating is used to improve the quality and shelf life of fruits and vegetables. It maintains texture, color, appearance, flavor, and ensures safety of them.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing incidence of post-harvest losses is anticipated to propel the market growth.
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Growing government support is expected to act as a major driver for the growth of the market.
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Rising awareness about edible coatings is speculated to foster the growth of the market during the forecast period.
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High initial investment can restrain the market growth. However, the advent of latest technologies in manufacturing industries can create remunerative opportunities for new entrants and emerging players in the projected timeline.
Scope of the report
The report on the global fruits and vegetables coatings market includes an assessment of market, trends, segments, and regional market. Overview and dynamics are also included in report.
Attributes
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Details
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Report Title
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Global Fruits and Vegetables Coating Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Wet Coating, Antigas Coating, and Ethylene Production Inhibits Coating) and Applications (Fruits and Vegetables)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Apeel Technology Inc., Citracote (Pty) Ltd., Colin Campbell (Chemicals) Pty Ltd., D. Manoharlal (Shellac) Pvt. Ltd., Fomesa Fruitech SLU, John Bean Technologies Corp., Mantrose-Haeuser Co. Inc., Sumitomo Chemical Co. Ltd., and UPL Ltd
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Global Fruits and Vegetables Material Market Segment Insights
Wet coating segment to hold a large market share
Based on types, the market is segmented into wet coating, antigas coating, and ethylene production inhibits coating. The wet coating segment is anticipated to account for a large market share during the forecast period. Increasing number of government initiatives to support farming is expected to driver the wet coating segment.
Fruits Segment to hold dominant market share
Based on applications, the global fruits and vegetables coatings market segmented into fruits and vegetables. The fruits segment is expected to dominate the market during the forecast period. In 2020, the fruit segment accounted for more than 60% of the market share, in terms of revenue.
Asia Pacific to account a significant market share
Based on regions, the global fruits and vegetables coatings market is segregated into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Asia Pacific is anticipated to account for a large market share during the forecast period.
Major agriculture-centric countries such as India and China are driving the regional market growth. Moreover, rising number of population and growing awareness about edible coatings are proliferating the growth of the market in the region.
Segments
The global fruits and vegetables coatings market has been segmented on the basis of
Types
- Wet Coating
- Antigas Coating
- Ethylene Production Inhibits Coating
Applications
Regions
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Key Players
- Apeel Technology Inc.
- Citracote (Pty) Ltd.
- Colin Campbell (Chemicals) Pty Ltd.
- D. Manoharlal (Shellac) Pvt. Ltd.
- Fomesa Fruitech SLU
- John Bean Technologies Corp.
- Mantrose-Haeuser Co. Inc.
- Sumitomo Chemical Co. Ltd.
- UPL Ltd.
Competitive Landscape
Major players of the market are Apeel Technology Inc., Citracote (Pty) Ltd., Colin Campbell (Chemicals) Pty Ltd., D. Manoharlal (Shellac) Pvt. Ltd., Fomesa Fruitech SLU, John Bean Technologies Corp., Mantrose-Haeuser Co. Inc., Sumitomo Chemical Co. Ltd., and UPL Ltd.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fruits and Vegetables Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fruits and Vegetables Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fruits and Vegetables Coatings Market - Supply Chain
4.5. Global Fruits and Vegetables Coatings Market Forecast
4.5.1. Fruits and Vegetables Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fruits and Vegetables Coatings Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fruits and Vegetables Coatings Market Absolute $ Opportunity
5. Global Fruits and Vegetables Coatings Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fruits and Vegetables Coatings Market Size and Volume Forecast by Types
5.3.1. Wet Coating
5.3.2.
Antigas Coating
5.3.3.
Ethylene Production Inhibits Coating
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fruits and Vegetables Coatings Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Fruits and Vegetables Coatings Market Size and Volume Forecast by Applications
6.3.1. Fruits
6.3.2.
Vegetables
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Fruits and Vegetables Coatings Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Fruits and Vegetables Coatings Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Fruits and Vegetables Coatings Demand Share Forecast, 2019-2026
8. North America Fruits and Vegetables Coatings Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Fruits and Vegetables Coatings Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Fruits and Vegetables Coatings Market Size and Volume Forecast by Types
8.4.1. Wet Coating
8.4.2.
Antigas Coating
8.4.3.
Ethylene Production Inhibits Coating
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Fruits and Vegetables Coatings Market Size and Volume Forecast by Applications
8.7.1. Fruits
8.7.2.
Vegetables
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Fruits and Vegetables Coatings Demand Share Forecast, 2019-2026
9. Latin America Fruits and Vegetables Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Fruits and Vegetables Coatings Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Fruits and Vegetables Coatings Market Size and Volume Forecast by Types
9.4.1. Wet Coating
9.4.2.
Antigas Coating
9.4.3.
Ethylene Production Inhibits Coating
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Fruits and Vegetables Coatings Market Size and Volume Forecast by Applications
9.7.1. Fruits
9.7.2.
Vegetables
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Fruits and Vegetables Coatings Demand Share Forecast, 2019-2026
10. Europe Fruits and Vegetables Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Fruits and Vegetables Coatings Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Fruits and Vegetables Coatings Market Size and Volume Forecast by Types
10.4.1. Wet Coating
10.4.2.
Antigas Coating
10.4.3.
Ethylene Production Inhibits Coating
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Fruits and Vegetables Coatings Market Size and Volume Forecast by Applications
10.7.1. Fruits
10.7.2.
Vegetables
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Fruits and Vegetables Coatings Demand Share Forecast, 2019-2026
11. Asia Pacific Fruits and Vegetables Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Fruits and Vegetables Coatings Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Fruits and Vegetables Coatings Market Size and Volume Forecast by Types
11.4.1. Wet Coating
11.4.2.
Antigas Coating
11.4.3.
Ethylene Production Inhibits Coating
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Fruits and Vegetables Coatings Market Size and Volume Forecast by Applications
11.7.1. Fruits
11.7.2.
Vegetables
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Fruits and Vegetables Coatings Demand Share Forecast, 2019-2026
12. Middle East & Africa Fruits and Vegetables Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Fruits and Vegetables Coatings Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Fruits and Vegetables Coatings Market Size and Volume Forecast by Types
12.4.1. Wet Coating
12.4.2.
Antigas Coating
12.4.3.
Ethylene Production Inhibits Coating
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Fruits and Vegetables Coatings Market Size and Volume Forecast by Applications
12.7.1. Fruits
12.7.2.
Vegetables
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Fruits and Vegetables Coatings Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Fruits and Vegetables Coatings Market: Market Share Analysis
13.2. Fruits and Vegetables Coatings Distributors and Customers
13.3. Fruits and Vegetables Coatings Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Apeel Technology Inc.
13.4.2.
Citracote (Pty) Ltd.
13.4.3.
Colin Campbell (Chemicals) Pty Ltd.
13.4.4.
D. Manoharlal (Shellac) Pvt. Ltd.
13.4.5.
Fomesa Fruitech SLU
13.4.6.
John Bean Technologies Corp.
13.4.7.
Mantrose-Haeuser Co. Inc.
13.4.8.
Sumitomo Chemical Co. Ltd.
13.4.9.
UPL Ltd.