Fruits and Vegetables Coatings Market

Fruits and Vegetables Coatings Market

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Anuradha

Author :

Anuradha B. More

Vaibhav

Fact-checked by :

Vaibhav Chandola

Aman

Editor :

Aman Singh

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.

Fruits and Vegetables Coatings Market Outlook


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

  • Increasing incidence of post-harvest losses is anticipated to propel the market growth.

  • Growing government support is expected to act as a major driver for the growth of the market.

  • Rising awareness about edible coatings is speculated to foster the growth of the market during the forecast period.

  • 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

Details

Report Title

Global Fruits and Vegetables Coating Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

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

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. 
 

Fruits and Vegetables Coatings Market Applications

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.

Fruits and Vegetables Coating Market 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

  • Fruits
  •  Vegetables

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.

Fruits and Vegetables Coatings Market Key Players

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.

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