Global Fruit Ripening Agents Market Size To Exceed $ USD 4.52 Billion By 2033 | CAGR of 6.71%
Category: Chemicals & MaterialsGlobal Fruit Ripening Agents Market Size To Exceed $ USD 4.52 Billion By 2033
According to a research report published by Spherical Insights & Consulting, Global Fruit Ripening Agents Market Size is Expected to Grow from USD 2.36 Billion in 2023 to USD 4.52 Billion by 2033, at a CAGR of 6.71% during the forecast period 2023-2033.
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Browse key industry insights spread across 238 pages with 104 Market data tables and figures & charts from the report on the" Global Fruit Ripening Agents Market Size, Share, and COVID-19 Impact Analysis, By Type (Ethylene Agents, Natural Agents, and Synthetic Agents), By Application (Banana Ripening, Tomato Ripening, Avocado Ripening, and Mango Ripening), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033" Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/fruit-ripening-agents-market
Chemicals or compounds known as fruit ripening agents can accelerate the natural ripening process of fruit. An agent that ripens fruit helps it quickly reach its optimal color, nutrition, and palatability. The most common ripening agent is ethylene gas, a naturally occurring plant hormone from which many fruits are produced. Fruits that spoil quickly, including papayas, bananas, mangoes, and others, should not be stored or transported for long after ripening. Additionally, one of the main drivers propelling the fruit ripening agent market is the growing consumer demand for fresh, naturally ripened fruits. Retailers and suppliers are looking for safe and effective ripening methods as consumers become more conscious of the nutritional benefits of ripe fruits. Furthermore, between 70 and 80 percent of fruits in developing countries are chemically ripened. This high percentage is driven by the need to ensure consistent fruit quality and availability throughout the year, especially in regions where climate conditions may make natural ripening unpredictable. However, the possible environmental damage that chemical ripening agents' production and disposal may cause could lead to stricter regulations and a push for natural alternatives.
The ethylene agents segment is expected to hold the largest share of the global fruit ripening agents market during the projected timeframe.
Based on type, the global fruit ripening agents market is categorized as ethylene agents, natural agents, and synthetic agents. Among these, the ethylene agents segment is expected to hold the largest share of the global fruit ripening agents market during the projected timeframe. Ethylene agents, a critical component of the ripening process for fruit, are vital due to their significantly accelerated and enhanced ripening quality by mimicking the natural ripening hormone found in fruits.
The banana ripening segment is expected to grow at the fastest CAGR during the projected timeframe.
Based on the application, the global fruit ripening agents market is categorized as banana ripening, tomato ripening, avocado ripening, and mango ripening. Among these, the banana ripening segment is expected to grow at the fastest CAGR during the projected timeframe. This is due to the fact that bananas are one of the most widely consumed fruits, and their quality and shelf life depend on proper ripening.
North America is projected to hold the largest share of the global fruit ripening agents market over the forecast period.
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North America is projected to hold the largest share of the global fruit ripening agents market over the forecast period. It is anticipated that the usage of fruit ripening agents will increase to satisfy the quickly increasing demand for fruits due to increased knowledge of their health benefits. It is anticipated that the region's well-established food and agricultural sectors, along with the availability of state-of-the-art equipment and technology, will drive growth in the market for artificial fruit ripening agents.
Asia Pacific is expected to grow at the fastest CAGR growth of the global fruit ripening agents market during the forecast period. It is anticipated that the rising areas under fruit farming, primarily supplied to the various developed countries, will raise the requirement for post-harvest treatments like fruit ripening agents to preserve the best physical features of the fruits. Additionally, it is expected that the great profitability of India's fruit exports will raise consumer demand for the product.
Major vendors in the global fruit ripening agents market are Kamal Fruits, Fresh Produce, Esan Fruit, Agro Prime, Frutty, M Z S Fruits, EverFresh, Fruits and Veggies, AgriTech, Agro Fresh, Zarqa Agribusiness, Green Solutions, AgroProducts, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global fruit ripening agents market based on the below-mentioned segments:
Global Fruit Ripening Agents Market, By Type
- Ethylene Agents
- Natural Agents
- Synthetic Agents
Global Fruit Ripening Agents Market, By Application
- Banana Ripening
- Tomato Ripening
- Avocado Ripening
- Mango Ripening
Global Fruit Ripening Agents Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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