1-MCP Market - Forecast(2024 - 2030)
1-MCP Market size is estimated to reach $585.49 Million by 2030, growing at a CAGR of 8.15% during the forecast period 2024–2030. 1-Methylcyclopropene (1-MCP) serves as a pivotal plant growth regulator employed in the preservation of cut flowers, potted flowers, and bedding plants. Its primary role lies in preventing the generation of ethylene, a natural plant hormone responsible for triggering ripening and senescence processes. The effectiveness of 1-methylcyclopropene (1-MCP) is contingent on several key factors, each playing a crucial role in maximizing its benefits. Harvest maturity stands as a pivotal consideration, as the timing of 1-MCP application significantly influences its ability to delay ripening.
Furthermore, Increasing Consumer Demand for Fresh Fruits, Non-toxicity is the Major Driver Expanding the Market Growth and Enhancing the Postharvest Life of Natural Fruits and Vegetables is a Key Driver for 1-MCP Market are the driving factors of the market. Additionally, the type of fruit packaging material employed can influence the overall success of 1-MCP treatment. Utilizing 1-MCP technology empowers growers to mitigate issues such as premature ripening and blackening during storage and transportation. This, in turn, enables the preservation of fruit firmness, reduction in weight loss, and preservation of the fruit’s taste. As a result, retailers experience improved fruit quality, leading to increased sales and a heightened demand for fresh-keeping products within the 1-Methylcyclopropene market.
COVID-19 / Ukraine Crisis — Impact Analysis:
The market for 1-methylcyclopropene (1-MCP) experienced notable impacts from the global COVID-19 pandemic. The disruptions caused by lockdowns, travel restrictions, and changes in consumer behavior had cascading effects throughout the agricultural and horticultural sectors. While the demand for fresh produce remained essential, supply chain challenges emerged, affecting the distribution and accessibility of 1-MCP products. The pandemic-induced logistical constraints led to delays in shipments, creating uncertainties in the availability of 1-MCP for growers and postharvest management. Additionally, the economic repercussions of the pandemic prompted some businesses to reevaluate budgets and prioritize essential expenses, potentially impacting investments in innovative postharvest technologies like 1-MCP. However, as the industry gradually adapts to the new normal, there are opportunities for resilience and recovery. The increased focus on sustainable agriculture and the need to reduce food waste may stimulate renewed interest in 1-MCP solutions, emphasizing their role in enhancing the shelf life of fresh produce amid challenging supply chain dynamics.
The ongoing crisis in Ukraine has reverberated across global markets, and the 1-MCP (1-Methylcyclopropene) market has not been immune to its effects. The turmoil in Ukraine, a significant global supplier of raw materials for various industries, has led to disruptions in the supply chain, impacting the availability and pricing of key inputs for the production of 1-MCP. As Ukraine is a major exporter of phosphorus, a critical component in the manufacturing of 1-MCP, the crisis has contributed to price volatility and supply uncertainties in the market. Additionally, geopolitical tensions and the resulting economic uncertainties have influenced investor sentiment, affecting overall market dynamics. The crisis has prompted businesses in the 1-MCP market to reassess their supply chain strategies, navigate through potential logistical challenges, and closely monitor geopolitical developments. These multifaceted challenges underscore the interconnectedness of global markets and highlight the need for resilience and adaptability within the 1-MCP industry during times of geopolitical upheaval.
● 95–98% dominated the 1-MCP Market in Fastest Growing Segment
95–98% dominated the 1-MCP Market with a value share of approximately 40% in 2022. The 1-MCP with a purity of ≥95% is widely used for the application of vegetables. 1- Methylcyclopropene reduces the intensity of respiration, obviously slows down the loss of nutrients in vegetables, maintains or improves the taste of vegetables, lessens the stringent requirements for low temperature during the transportation of vegetables, and increases the shelf life of vegetables. However, 98–99% is estimated to be the fastest- growing, with a CAGR of 9.28% over the forecast period of 2023–2030. Owing to the effectiveness of 1-MCP on fruits and vegetables the market is growing
● Fruits Take the Lead in 1-MCP Market
Fruits dominated the 1-MCP Market with a value share of approximately 29% in 2022. Fruit manufacturers use 1-MCP by either applying it as a gas to their produce or by treating it with the chemical in a controlled environment. This helps to reduce waste and increase the time during which the fruit can be sold and consumed. However, Shipping Containers is expected to grow at the fastest CAGR of 9.70%. It is owing to demand of 1-MCP across Shipping Container industry is being driven by increasing global trade particularly in crops, fruits and vegetables. As per the FAO, Global trade of fruits and vegetables has increased by over 20% in the past decade, reaching around US $150 billion in 2022.
● Increasing Consumer Demand for Fresh Fruits is a Major Driver Propelling the Growth of the Market
Companies are strategically evolving in response to the surging demand for fresh foods, as indicated by the projected global fresh produce sales of $114.2 billion in 2020, a positive development fostering growth in both European and international trade, according to The European Fresh Produce Association. Emphasizing the importance of a healthy lifestyle, the World Health Organization (WHO) recommends a daily intake of 400g of fruits and vegetables while advocating for reduced salt, sugar, and fat consumption and regular physical activity. Despite declines in sweets and soft drinks consumption, WHO notes that 1 in 4 adolescents still consume sweets, and 1 in 6 indulge in sugary drinks daily. The remarkable rise in fruit consumption has propelled the rapid growth of the 1-MCP market.
Across 34 countries, including the European Union and the United States, the approval and use of 1-MCP in farm products such as apples, kiwifruit, tomatoes, bananas, plums, persimmons, avocados, and melons signify a widespread adoption of this technology. Consumers’ increasing willingness to pay a premium for hygienic and healthy foods has become a driving force for exporters of agricultural produce. Notably, the American Society for Horticulture Science reports the application of 1-MCP on 16 horticultural products, enhancing the potential for shipping longer distances and increasing market share for various fruits globally
● Effects of higher dosages on fruits and vegetables is a major challenge impeding the growth of the market
The application of higher dosages of 1-MCP on fruits and vegetables poses a significant challenge to market growth due to various observed effects on the quality and ripening processes. In tomatoes, higher doses of 1-MCP resulted in the slowing down or prevention of ripening processes, affecting crucial factors such as lycopene, chlorophyll, surface color, polygalacturonase (PG) activity, and the ratio of soluble solids content to titratable acidity (SSC/TA). Particularly in mature green-stage tomatoes, the impact on general quality attributes was slightly mitigated with lower 1-MCP concentrations compared to untreated tomatoes. The highest 1-MCP dose (625 ppb) caused irregular ripening in the fruit, potentially delaying softening, akin to responses seen in strawberries. However, this undesirable effect, linked to the powerful impact of 1-MCP on ethylene receptors, was observed to be mitigated by the combined administration of 1-MCP and ethephon.
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the 1-MCP Market. The top 10 companies in this industry are listed below:
2. Pace International LLC
3. Xianyang Xiqin Biotechnology Co.Ltd
4. Shandong Aoweite Biotechnology Co.Ltd
5. Sisco Research Laboratories Pvt
6. Chesen Biochem Company
7. SPM Biosciences (Bejing) Inc
8. Bejing Bioseen CropScieneecs Co,Ltd
