The global fruits and vegetables coating market size is estimated to expand at a CAGR of 7% during the forecast period, 2021 – 2028. 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.
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.
|Report Title||Global Fruits and Vegetables Coating Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast|
|Segmentation||Types (Wet Coating, Antigas Coating, and Ethylene Production Inhibits Coating) and Applications (Fruits and Vegetables)|
|Regional Scope||Asia Pacific, North America, Latin America, Europe, and Middle East & Africa|
|Report Coverage||Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast|
|Key Players Covered in the Report||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|
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.
Segment Covered in the Report
The global fruits and vegetables coatings market has been segmented on the basis of
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.
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