1-Methylcyclopropene (1-MCP) is a synthetic plant growth regulator. It is used to slow down the ripening process of fruit and vegetables and to maintain post-harvest quality. It is also used to control flowering, fruiting and leaf senescence in ornamental plants.
1-MCP is used for various types of fruits, such as apples, pears, citrus fruits, bananas, tomatoes, and avocados. It is also used in cut flowers, bedding plants, potted plants, and ornamental trees.
1-MCP is a widely used agricultural product, with global applications for both post-harvest and pre-harvest use. It is registered for use in over 50 countries, including the United States, Canada, Mexico, Brazil, and many European countries.
The global 1-Methylcyclopropene market was valued at US$ 142.1 million in 2022 and is anticipated to reach US$ 182.6 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global 1-Methylcyclopropene Market available at: https://www.themarketreports.com/report/global-1-methylcyclopropene-market-research-report
This report aims to provide a comprehensive presentation of the global market for 1-Methylcyclopropene, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 1-Methylcyclopropene.
The key players are AgroFresh (Dow), Lytone, FloraLife, Shandong Yingyangyuan Food Technology, Lunuo, Shanghai Xianda Bio-Technology, XIAN YongTai, Xi Qin Biotechnology, HZPH etc. Top 3 companies occupied about 90% market share.
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