Food Irradiation Market Revenue Growth Predicted by 2018-2026
Posted by Aman Jain on July 23rd, 2019
Food irradiation is a process in which gamma rays, electron beam, and X-rays are used to sterilize, disinfect, and preserve food. Irradiation helps to reduce food spoilage by insects, bacteria, and parasites.
Major Players in the Global Food Irradiation Market
Key players operating in the global food irradiation market include, Food Technology Service, Inc., Sterigenics International, Inc., Gray Star, Inc., Ionisos SA., Nordion Inc., Reviss Services Ltd., Sadex Corporation, Scantech Sciences, Inc., Steris Isomedix Services, Phytosan S.A. De C., and Tecleor LLC.
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Increasing demand for food irradiation amongst the consumer is a major driving factor for growth of the global food irradiation market, owing to increasing consumer acceptance for food irradiation in the market. The Food and Drug Administration (FDA) approved irradiation of fresh vegetables and fruits as a phytosanitary treatment. FDA determined that food irradiation process is safe and effective in providing protection against spoilage of fruit and vegetables. Thus consumer prefer food irradiation.
However, lack of consumer awareness about food irradiation is one of the major factors restraining the food irradiation market growth.
The global food irradiation market was valued at US$ 199.98 million in 2017 and is expected to expand at a CAGR of 4.9% in terms of revenue during 2018–2025, owing to increasing prevalence of foodborne illness.
X-ray radiation segment held significant market share in the global food irradiation market due to increasing consumer preferences for X-ray radiation. Use of X-ray radiation technology offers long shelf life to foods such as meat, poultry, and spices. In food irradiation, X-ray radiation eliminates pathogenic and spoilage microorganisms such as bacteria and insects from the food.
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Europe held significant market share in the global food irradiation market in 2017 and is expected to increase during the forecast period. The advantages by food irradiation such as process safety, reduction of chemical use, and improved quality and safety of foods is a major factor driving the food irradiation market growth in Europe. In food irradiation technology it can destroy micro-organisms such as viruses, insects and bacteria. It prevent germination and sprouting of onions, potatoes and garlic and it slow down ripening and ageing of fruit and vegetables.
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About the AuthorAman Jain
Joined: April 2nd, 2019
Articles Posted: 132
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