Segment and Geographical Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment and Geographical Information

Segment and Geographical Information

Segments

ASC 280 requires use of the management approach for segment reporting. The management approach is based on the way a company’s management organizes segments within the company for making operating decisions and assessing performance. In prior periods, we had operated and managed our business as two reportable segments, AgroFresh Core and AgroFresh Fruit Protection (formerly Tecnidex). Due to changes in senior management, as well as the integration of AgroFresh Fruit Protection with the Company's Core business operational and reporting structure, during the fourth quarter, the Company has determined that it now has one reportable segment as of December 31, 2021. As a result of this change in segment reporting, the Company retrospectively revised prior period results, by segment, to conform to the current period presentation.

Geographic Regions

Net sales by geographic region, based on the location of the customer, were as follows:

	Year Ended December 31,
(in thousands)	2021	2020	2019
Net sales:
North America (1)	$32,635	$33,759	$42,247
Latin America (2)	33,610	28,731	31,818
EMEA (3)	82,329	79,413	81,286
Asia Pacific (4)	17,415	15,740	14,714
Total Net sales	$165,989	$157,643	$170,065

(1)     North America includes the United States and Canada.

(2)    Latin America includes Argentina, Brazil, Chile, Columbia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Peru and Uruguay.

(3)    EMEA includes Europe, the Middle East and Africa.

(4)    Asia Pacific includes Australia, China, India, Japan, New Zealand, South Korea and Philippines.