The global Food Ingredients Sterilization Market is expected to reach a market size of USD 522.2 Million by 2028 and register a significant CAGR during the forecast period, according to a latest report by Reports and Data. Food ingredients sterilization market is witnessing an increase in growth due to rise in sterilization and pasteurization of dry food ingredients to comply with various product safety standards. Sterilization of food ingredients plays a crucial role in preserving food for an extended period of time and kill microorganisms to rid moisture from the ingredients.
The competitive landscape and company profiles offered in the report examine the key players in the industry. The competitive analysis scrutinizes strategic initiatives adopted by key players and evaluates recent developments and market standing of the companies. The company profiles include data of established players and new entrants and are examined by using analytical tools like SWOT Analysis.
An extensive analysis of the global market is included in the report which covers different factors from region-centric key statistical data to macro- and micro-economic factors that are crucial for forecast assessment. The study also offers a comprehensive analysis of the growth prospects, patents, technological advancements, and product launches in the market.
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Key Players:
Key participants in the market include Balchem Corporation, Sterigenics International LLC, Napasol AG, Croll Reynolds, Cosmed Group, Namah Steam Sterilization, Safe Spice, Wenda Ingredients, ATTEC Food Technology, and Global Sterilization and Fumigation.
Further key findings in the report suggest:
- In August 2020, Faraday Ozone launched ozone-based food detoxifier, Ozodip. The product uses ozone to remove all type of viruses, bacteria, and microorganisms from the surface of fish, meat, vegetables, fruits, cereals, and other products. It is also used to remove high concentration of residual chemicals and pesticides.
- Meat poultry products are sterilized to remove micro-organisms and increase shelf-life. Surge in the number of meat poultry consumers is also driving the demand for sterilized products. Meat poultry segment accounted for the largest revenue share in 2020 as there is consistent increase in consumption of the product globally. Global consumption of meat increased by 58% in 2018 over 20 years.
- Radiation of food is achieved through application of gamma rays, electron beams, or X-rays. Ionizing radiation extends shelf life and improves quality and safety of foods. International and national organizations have concluded irradiated food as safe for consumption. Consumers are starting to appreciate the benefits of irradiated food thus driving growth of radiation segment.
- Food Beverage industry is growing rapidly and incorporation of latest technologies is propelling growth of the industry. Rise in demand for safer packaged food products and use of sterilization to ensure elimination of bacteria and microbes is driving the growth of the food beverage segment.
- Asia Pacific is forecasted to grow at a rapid rate during the forecast period due to rapid urbanization, industrialization and investment in infrastructure development of food beverage plants by foreign investors. With boom in food beverage industries, the food ingredient sterilization market is also growing. Moreover, increasing concern about health especially after consuming infected food is creating a demand for sterilized food products.
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Market Segmentation:
Ingredient Outlook (Revenue, USD Million; 2018-2028)
- Meat Poultry
- Spice, Herbs and Seasonings
- Dried Fruits and Vegetables
- Dairy Ingredients
- Seafood
- Tea Blends
- Cereals and Pulses
- Nuts
Sterilization Method Outlook (Revenue, USD Million; 2018-2028)
- Radiation
- Heat
- Moisture
- Others
End-Use Outlook (Revenue, USD Million; 2018-2028)
- Food Beverage Industries
- Agricultural Industries
- Others
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Regional Outlook (Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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Objective of Studies:
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Food Ingredients Sterilization market.
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