According to ResearchForMarkets, the Global Food Irradiation market is accounted for $10829.20 million in 2017 and is expected to reach $31916.05 million by 2026 growing at a CAGR of 12.76% during the forecast period.
Developments, product launches, joint ventures, merges and accusations are the moves that the top players in Food Irradiation market are making which in turn affect the sales, import, export, and revenue and CAGR values.
Increasing concerns over the food borne diseases, rising demand for raw food products such as lettuce or spinach, growing demand for meat and poultry farm products are some of the key factors driving the market growth. Moreover, the emerging trend of including new and exotic fruits and vegetables in diet is fuelling the market growth. However, huge cost of irradiated food products and lack of irradiation facilities are hampering the market growth.
SOME OF THE KEY PLAYERS IN GLOBAL FOOD IRRADIATION MARKET ARE
Tecleor LLC, Sterigenics International LLC, STERIS, SADEX Corporation, Nordion (Canada) Inc., GRAY STAR, Inc., Food Technology Service, Inc, ScanTech Sciences, Inc., IONISOS SA, MDS Nordion, PHYTOSAN S.A. de C and REVISS Services.
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Food irradiation is the process of exposing food and food packaging to ionizing radiation. Ionizing radiation, such as from gamma rays, x-rays or electron beams. The radiation can be emitted by a radioactive substance or generated electrically.
This process is used to improve food safety by extending product shelf-life (preservation), decreasing the risk of food borne illness, eliminating sprouting or ripening by sterilization of foods and as a means of controlling insects and invasive pests.
Depending on technology, food pasteurization segment is expected to have significant growth during the forecast period due to rising demand for food irradiation products across the globe. Pasteurization of solid foods such as meat, poultry and sea foods by irradiation is a practical method for elimination of pathogenic organisms and micro- organisms except for viruses. By geography, Asia Pacific holds the largest market share during the forecast period.
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SOURCE OF RADIATIONS COVERED:
- Electron beam radiation
- Gamma Radiation
- X-Ray Radiation
FOOD TYPES COVERED:
- Fruits and Vegetables
- Meat and Poultry
- Grain Foods
- Ultra-High Pressure Technology
- Steam Pasteurization
- Ozone Treatment
- Food Coating Technology
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