“Global Food Irradiation Market, By Type (Inject Food Irradiation, Nasal Food Irradiation), By Application (Emergency Kits, General Use, Diagnostic & Motility, Cardiogenic Shock, Others), as well as by Region – Global Forecast 2021 to 2029.”, which offers a comprehensive view of the Global Food Irradiation Market through systematic segmentation, covering every aspect of this target market. The 5-year (2020–2025) cumulative revenue of this market is projected to be over $249.9 Mn, and is estimated to increase moderately over the latter part of the forecast period.
Food irradiation (the application of ionizing radiation to food) is a technology that improves the safety and extends the shelf life of foods by reducing or eliminating microorganisms and insects. The pasteurization of milk and the canning of fruit and vegetables are some common examples of this.
The ever-increasing expansion of the food industry to cater to booming global populations, more specifically of food products such as ready-to-eat meals, raw foods, convenience foods, etc., is a major factor that is anticipated to continue to fuel the revenue growth of the Global Food Irradiation Market in the coming years. Moreover, the increasing need to lower the increasing prevalence of food-borne illnesses, as well as the growing desire to prevent the loss of food as a result of spoilage, infection, and contamination are also primary factors that are slated to have a significant impact on the Global Food Irradiation Market in the near future. Furthermore, the increasing demand for sterilized food sources, especially in numerous healthcare facilities across the world, for obvious reasons, is expected to continue to have a profound influence on the food irradiation market in the foreseeable future. These are some of the other elements that are expected to further augment the global market footprint of this sector, and are also some of the most crucial factors that are anticipated to play a critical role in catapulting the projected revenue of the Global Food Irradiation Market to $302.9 Mn by 2030, at a CAGR of 5.1%.
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