Global Food Irradiation Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Food Irradiation Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global food irradiation market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global food irradiation market report has been segmented on the basis of source of radiation, technology, and region.
Food irradiation is a technology, used to improve safety and shelf life of food by reducing or eliminating microorganism and insects present in food. Food irradiation process use gamma rays, electron beam, and X-rays in order to sterilize, disinfect, and preserve food. Food irradiation is a Food and Drug Administration (FDA) approved technology.
Rising inclination towards food irradiation, owing to increasing consumer acceptance of food irradiation is a key factor expected to drive growth of the global food irradiation market over the forecast period. The Food and Drug Administration (FDA) approved irradiation of fresh vegetables and fruits as a phytosanitary treatment. In addition, growing consumer awareness for prevention against food borne diseases is another factor expected to further fuels growth of the target market over the forecast period. For instance, according to World Health Organization (WHO), one out of every 10 people suffer from food poisoning and around 420,000 die annually across the globe.
Ongoing trend observed in the target market is including new and exotic fruits and vegetables in diet is another factor expected to propel growth of the global food irradiation market over the forecast period.
Furthermore, various advantages of food irradiation such as reduction pathogenic microorganisms, improves shelf life, and decontamination are some other factors expected to boost growth of the global market over the forecast period.
However, lack of consumer awareness and higher cost of food irradiation method are major factors expected to restrain growth of the global food irradiation market over the forecast period.
Technological advancements and rising research and development activities are expected to create potential revenue opportunities for players operating in the target market over the forecast period.
Analysis by source of radiation segment:
On the basis of source of radiation segment, the X-ray radiation segment is expected to register significant growth in terms of revenue over the forecast period, owing to increasing consumer preference towards X-ray radiation. The X-ray radiation technology provides longer shelf life to foods such as meat, poultry, and spices by eliminating pathogenic and spoilage microorganisms such as bacteria and insects from food.
Analysis by Region
The market in Asia Pacific is expected to dominate the global food irradiation market in terms of revenue over the forecast period, owing to increasing consumer acceptance and government policies and regulations for consumption of irradiated food across various countries in this region. In addition, the market in North America is expected to register significant share in terms of revenue over the forecast period, owing to increasing consumer awareness regarding the benefits of food irradiation and acceptance of new technology across various countries in this region.
Global food irradiation market segmentation:
Segmentation by source of radiation:
- Gamma Radiation
- X-ray Radiation
- Electron Beam Radiation
Segmentation by technology:
- Ultra-high Pressure Technology
- Steam Pasteurization
- Ozone Treatment
- Food Coating Technology
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Food Technology Service, Inc.
- Sterigenics International LLC
- GRAY*STAR, Inc.
- Ionisos SA.
- Nordion Inc.
- REVISS Services (UK) Ltd.
- Sadex Corporation
- ScanTech Sciences Inc.
- STERIS Isomedix Services, Inc.
- Tecleor LLC
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