AgroFresh SPAC Presentation Deck
Regional Apple Production & Practices
% of Apples
Stored > 30
days
32
North America
Europe & Africa
Latin America
Asia Pacific
% of 2014
AgroFresh Sales
40%
38%
14%
8%
Source: Business management and third-party industry sources.
(1) Asia Pacific includes only Australia and New Zealand.
Key Countries for
AgroFresh™
●
●
USA
Italy
France
South Africa
Turkey
Chile
Brazil
Argentina
Australia
New Zealand
60%
45%
78%
(1)
64%
% of Apples
Stored Using
SmartFresh ™
84%
L
56%
28% ●
76%
●
(1)
●
Apple Industry Comments
Washington is largest producing state (~60%
of US production)
North American growers /packers store for
extended periods of up to 12 months
Extensive use of controlled atmosphere
More fragmented than North America with
smaller orchards
Typical storage periods of up to 9 months
Later registration of SmartFresh ™
Export-focused
Shorter storage periods
New Zealand growers /packers are export-
focused and store for shorter periods
Australian growers /packers produce for
domestic market and store for extended
periods
Growth opportunities in China, Japan, other
Southeast Asian nations
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