"Overview of Food Sterilization market"
The Food Sterilization Market Is Estimated To Reach At Valued Of US$ 1.6 Bn By 2027, Growing At A CAGR Of 5.8 % During The Forecast Period
The global Food Sterilization technology has shown tremendous growth since last few years and is expected to grow rapidly over the forecast period. Some of the factors fuelling the growth of the global market include inclination towards conventional food, growing awareness regarding food safety, and a growing number of foodborne patient cases.
Rising Awareness Regarding Food Safety Coupled with Growing Number of Foodborne Diseases is Fuelling the Market Growth
The rising awareness regarding food safety owing to the growing occurrences of foodborne diseases is majorly driving the growth of the global food sterilization equipment market. According to CDC, in the U.S. more than 75 million cases of foodborne illness are registered every year in which 5,000 death cases and 325,000 cases occurs. Sterilization equipment helps in improving shelf life while maintaining food quality and sustainability. Moreover, manufacturers are focused on research and development activities aimed at developing automation solutions for processed food vendors to minimize the operational cost and improve operational efficiency which is estimated to create new growth opportunities for the global sterilization market.
The Stem Sterilization Segment Held Larger Share in Global Food Sterilization Market
On the basis of technology, the stem sterilization held maximum share. The stem sterilization is less costly and offers high-quality and safe food which makes it the widely accepted technology across the globe. Also, the technology offers several benefits such as enhanced nutritional quality, flexibility, environment friendly, and ease of operation which is expected to surge the demand for this technology among large consumer base.
Food irradiation technology is estimated to witness significant growth in coming years due to wide range of applications including spices & seasonings, crustaceans, shell eggs, beef, vegetables and fruits, poultry, spinach, and lettuce.
Batch Sterilization Segment Occupied Significant Share in 2018
Based on process, the batch sterilization is estimated to dominate the global market by holding maximum share throughout the forecast period. This is mainly due to the advanced features associated with it such as lower contamination chances, easy manual control, and cost efficiency. The batch process offers improved flexibility of process, container, and product which leads to enhanced customer base for the process.
Furthermore, the continuous sterilization equipment forecasted to show impressive growth during the forecast period. The continuous process uses stem for shorter heating or cooling period which results in reduced cost and time. The process has wide range of applications including ready meals, soups, juices, pasta, meats, nutritional drinks, mushrooms, milk, infant formula, vegetable, and cream. This is estimated to fuel the segment growth during the period of research study.
Spices, Seasoning and Herbs Segment Dominated the Global Market Whereas Juices and Beverages Witnessed Lucrative Growth
In terms of application, the spices, seasoning, and herbs segment dominated the global market owing to consumer’s preferences of authentic flavours and rising demand for readymade spices across the globe. The juice and beverages segment is growing rapidly as the demand for ready-to-drink products is increasing rapidly. Moreover, the growing popularity of cold-pressed and fresh juices containing limited preservative is anticipated to promote the growth of sterilization equipment.
Asia Pacific is anticipated to Witness Rapid Growth during the Forecast Period
By geography, Asia Pacific is projected to witness robust growth in global food sterilization equipment market. The growth of the region is fuelled by rising health awareness and popularity of canned and ready-to-eat foods across the region. China is the major contributor for food sterilization market in Asia Pacific. The favourable government policies for baby food packaging is expected to drive the growth of the continent.
Moreover, the rising demand for dairy products in North America and Europe due to declining prices and high purchasing capacity makes these countries the maximum shareholders respectively. The consumers are inclining towards conventional food which needs specialized equipment for processing, packaging, and serving. This is expected to poise a positive impact on the regional growth. In Europe, U.K is the largest contributor for the growth of food sterilization equipment market.
Some of the major players operating in global food sterilization market include Buhler, Ventilex, JBT Corporation, Systec GmbH, Allpax Products LLC, De Lama, and Hisaka Works Ltd.
Global Food Sterilization Market by Product
- Continuous Sterilization
- Batch Sterilization
Global Food Sterilization Market by Technology
Global Food Sterilization Market by Application
- Spices, Seasonings and Herbs
- Juices & Beverages
- Meat, Poultry & Seafood
- Fruits & Vegetables
- Dairy Products
Global Food Sterilization Market by Region
- North America
- Asia Pacific
- Middle East & Africa
- Latin America