|
Forecast
Period
|
2024-2028
|
|
Market
Size (2022)
|
USD
9.12 billion
|
|
CAGR
(2023-2028)
|
7.62%
|
|
Fastest
Growing Segment
|
Reactive
Ethylene Absorber
|
|
Largest
Market
|
Asia
Pacific
|
Market Overview
Global Ethylene Absorber
Market has valued at USD 9.12 billion in 2022 and is anticipated to project
robust growth in the forecast period with a CAGR of 7.62% through 2028.
Ethylene Absorber is a device or material designed to remove ethylene gas from
the surrounding environment. Ethylene is a natural plant hormone or
phytohormone that is produced by many fruits, vegetables, and flowers. It plays
a role in the ripening, aging, and senescence (aging and death) processes of
these plant materials. Ethylene gas can have both positive and negative
effects. On one hand, it is responsible for the natural ripening of fruits and
vegetables, which is important for their flavor, texture, and aroma
development. On the other hand, excessive ethylene exposure can accelerate the
ripening process, leading to over-ripening, spoilage, and decay of produce.
This is a concern in storage and transportation scenarios where different types
of fruits, vegetables, or flowers are stored together. Ethylene absorbers are
used in various contexts to control and manage ethylene levels. They are
commonly employed in the agricultural, horticultural, and food industries to
extend the shelf life of fresh produce, prevent premature ripening, and reduce
spoilage. These absorbers typically contain substances that react with
ethylene, either adsorbing or chemically converting it into non-harmful
compounds. Some commonly used materials for ethylene absorption include
activated carbon, potassium permanganate, and zeolites. Ethylene absorbers can
be integrated into storage containers, transport packaging, and refrigeration
systems to maintain optimal conditions for freshness and quality. By
controlling ethylene concentrations, these absorbers help preserve the quality
and extend the shelf life of perishable items.
Key Market
Drivers
Growing
Demand for Fresh Produce Preservation Drives the Market Growth
The growing demand for
fresh produce preservation is a significant driver for the growth of the global
ethylene absorber market. This demand is influenced by several factors that
impact the supply chain, consumer preferences, and sustainability efforts. Consumers
and retailers alike seek longer shelf lives for fruits, vegetables, and
flowers. Ethylene absorbers help maintain optimal conditions by reducing
ethylene concentrations, which in turn slows down the ripening and aging
processes. This leads to extended shelf life and improved product quality. Ethylene
absorbers play a crucial role in reducing food waste by preventing premature
spoilage and over-ripening. With more efficient preservation, a larger percentage
of produce can reach consumers in a fresh and consumable state, minimizing the
amount of discarded food. Ethylene absorbers enable producers, distributors,
and retailers to better manage their supply chains. By using these absorbers,
businesses can better synchronize the timing of harvesting, shipping, and
retail display, ensuring that produce remains fresh and attractive for a longer
duration. Fresh produce that maintains its appearance, flavor, and nutritional
value commands higher prices in the market. Ethylene absorbers contribute to
premium product offerings, and consumers are willing to pay more for produce
that stays fresh for an extended period. Ethylene absorbers provide an
environmentally friendly alternative to chemical-based preservation methods.
With growing awareness of sustainability and eco-friendly practices, businesses
and consumers are seeking solutions that reduce the need for synthetic
chemicals while maintaining product quality. Ethylene absorbers help maintain
food safety by reducing the risk of microbial growth and spoilage associated
with over-ripening. As consumers become more concerned about the safety and
quality of their food, the use of ethylene absorbers can contribute to meeting
these expectations.
Increase
in Food Supply Chain Efficiency Drives the Market Growth
The increase in food
supply chain efficiency is a significant driver for the growth of the global
ethylene absorber market. Ethylene absorbers play a crucial role in optimizing
various stages of the food supply chain, from production and storage to
distribution and retail. Ethylene absorbers help extend the shelf life of fresh
produce by controlling ethylene concentrations. This reduces the rate of
ripening and spoilage, leading to fewer losses of perishable items during
storage and transportation. As a result, the overall food waste and loss in the
supply chain are minimized, contributing to greater efficiency and reduced
costs. Ethylene absorbers enable producers and suppliers to better align the
timing of harvest, shipping, and distribution. This synchronization helps
ensure that fresh produce is available when and where it is needed, reducing
the likelihood of supply-demand imbalances and optimizing resource utilization.
With the help of ethylene absorbers, retailers and distributors can manage
their inventory more effectively. Extended shelf life allows for better
inventory turnover and reduces the need to discard unsold produce due to
spoilage. This, in turn, leads to cost savings and more efficient use of storage
space. Ethylene absorbers contribute to a smoother distribution process by
allowing for longer transit times without compromising product quality. This
flexibility in distribution logistics enables businesses to reach more distant
markets, expand their customer base, and optimize their transportation routes. During
transportation, fresh produce is exposed to various environmental conditions
that can accelerate ripening and spoilage. Ethylene absorbers help maintain a
controlled environment within transportation containers, reducing transit
losses and ensuring that produce arrives at its destination in optimal
condition.
Increasing
Consumer Awareness of Food Safety Drives the Market Growth
The increasing consumer
awareness of food safety is a significant driver for the growth of the global
ethylene absorber market. As consumers become more informed and concerned about
the safety and quality of the food they consume, there is a growing demand for
solutions that can enhance food safety and prevent spoilage. Consumers are
increasingly aware that ethylene gas can accelerate the ripening and spoilage
of fruits, vegetables, and other perishable items. Ethylene absorbers help
maintain optimal conditions by reducing ethylene levels, thereby slowing down
the deterioration of food products and preserving their quality. Over-ripening
and spoilage can create an environment conducive to microbial growth,
potentially leading to foodborne illnesses. By extending the shelf life of
produce, ethylene absorbers contribute to reduced microbial activity and
improve overall food safety. Ethylene absorbers offer a natural and
environmentally friendly solution to extend the shelf life of produce. This
aligns with consumer preferences for products that have fewer synthetic
chemicals or additives, promoting a safer and healthier food supply. Consumers
are increasingly interested in knowing the origin and journey of their food
from farm to table. Ethylene absorbers, by helping to maintain the freshness
and quality of produce, contribute to transparent and traceable supply chains,
which are key aspects of food safety. Ethylene absorbers help maintain the
appearance, flavor, texture, and nutritional content of fruits and vegetables.
Consumers are willing to pay a premium for higher-quality products that meet
their expectations for taste, freshness, and safety. Ethylene absorbers provide
an eco-friendly alternative to chemical-based preservation methods, reducing
the need for synthetic pesticides or fungicides. Consumers who prioritize
sustainable and environmentally responsible practices are more likely to choose
products that utilize such solutions.