Zion Market Research

Food Ingredients Sterilization Market Set for Rapid Growth, to Reach Value Around USD 437.11 Million by 2023: ZMR

Food Ingredients Sterilization Market by Ingredients (Spices, Herbs and Seasonings, Dried Fruits and Vegetables, Meat and Poultry, Seafood, Diary Ingredients, Cereals and Pulses, Tea Blends and Others), and by Sterilization Method (Heat, Moisture, Radiation and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2023

 

Sarasota, FL -- (SBWIRE) -- 05/22/2018 -- According to the report, global food ingredients sterilization market was valued at approximately USD 339.53 million in 2017 and is expected to generate revenue of around USD 437.11 million by end of 2023, growing at a CAGR of around 4.30% between 2017 and 2023.

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Sterilization of food ingredients reduces the chance of contamination and enhances shelf life. Uptake of sterilized food ingredients has been rising in the recent decades due to rising contamination concerns, and associated side-effects from consumption of such ingredients. There are different processes through which food ingredients are processed such as heat, moisture, radiation etc. to reduce or destroy the micro-organisms present in food ingredients. Growing demand for spices, herbs, meat, poultry, cereals, pulses etc. in the food industry is expected to drive the growth of food ingredients sterilization in developing regions.

Some of the key drivers influencing the demand for food ingredients sterilization are driven by the food safety and health protection. Proper sterilization of food keeps the food products safe and also increases the potential of food manufacturers to deliver quality food with extended shelf life. On the other side, the increasing trend of packaged and prepared food in developing region has led to increase in demand for food sterilization among food manufacturers as it adds significant shelf life to food ingredients and keeps the packaged food safe for the longer period of time. Demand for food ingredients sterilization also increasing in the global market due to stringent food safety norms of government regarding the use of sterilization equipment in food and beverage industry.

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The food ingredient sterilization market is segmented on the basis of ingredients type the market is segmented into spices, herbs and seasonings, dried fruits and vegetables, meat and poultry, seafood, dairy ingredients, cereals and pulses, tea blends and others. The demand for food ingredients sterilization equipment is expected to increase in spices, herbs and seasonings market as they have wide application in food processing industry.

On the basis of sterilization method, the market is segmented into heat sterilization, moisture sterilization, radiation sterilization and others category. Heat sterilization is expected to dominate the market as it provides extended shelf life. Food ingredients and products are also heat sterilized in order to reduce the possibilities of contamination. With technological advancements, the risk of foodborne pathogens during the sterilization process has significantly lowered, which is further fueling the adoption of this sterilization equipment and methods.

North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are key regional segments of global food ingredients sterilization market. North America accounted for the largest share of the market owing to stringent regulations for food safety and high demand for packaged food. Moreover, demand for food ingredients sterilization is also expected to increase in Asia-Pacific & Japan in future due to increasing number of food manufacturing plants in this region.

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Some of the key players in food ingredients sterilization market include Sterigenics International LLC, Croll Reynolds, Balchem Corporation, Wenda Ingredients, Namah Steam Sterilization, Napasol AG, Cosmed Group, and Safe Spice. Most of these key players are indulged in providing sterilization processes for healthcare products and services to maintain their position in the market.

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