Pune, Maharashtra -- (SBWIRE) -- 09/20/2023 -- The Food Irradiation Service Market study with 100+ data Tables, Pie charts and figures is now released by HTF MI. The research assessment of the Market is designed to analyze futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. Some of the players studied are Sterigenics International (United States), Ionisos SA. (France), Gray Star (United States), Nordion (Canada), Sadex Corporation (United States), Steris Isomedix Services (United States), Scantech Sciences (United States), Reviss Services Ltd. (United Kingdom), Food technology services (United States), Phytosan SA De C (Mexico).
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According to HTF Market Intelligence, the Global Food Irradiation Service market is segmented by Type (Gamma Rays, e-beams, X-rays, Others) by Dose of Radiations (Low-Dose, Medium-Dose, High-Dose) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Food irradiation is a food processing technique that involves exposing food products to ionizing radiation to reduce or eliminate harmful bacteria, viruses, parasites, and other pathogens that may be present in the food. This process can help to improve the safety and shelf life of food products, without compromising their nutritional value or taste. A food irradiation service is a specialized facility that provides food irradiation services to food manufacturers, distributors, and retailers. The service typically involves the use of specialized equipment, such as electron beam or gamma ray irradiation machines, which are designed to expose food products to ionizing radiation in a controlled and safe manner.
- Rising Usage of Irradiation in Fresh Fruits and Vegetables
- Increasing concerns about food safety are contributing to the market growth. There have been increasing foodborne diseases which are caused by contamination. In addition, there has been increasing consumption of meat and raw food which can be protected from microorganisms through food irradiation. These factors are fueling the market of food irradiation.
- Increasing Consumption of Raw Foods Such as Lettuce and Spinach
Food Irradiation Service Market Competitive Analysis:
Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
Players Included in Research Coverage: Sterigenics International, Inc. (United States), Ionisos SA. (France), Gray Star, Inc. (United States), Nordion Inc. (Canada), Sadex Corporation. (United States), Steris Isomedix Services. (United States), Scantech Sciences Inc. (United States), Reviss Services Ltd. (United Kingdom), Food Technology Services (United States), Phytosan SA De C (Mexico)
Additionally, Past Food Irradiation Service Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitor SWOT analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.
Segmentation and Targeting:
Essential demographic, geographic, psychographic, and behavioral information about business segments in the Food Irradiation Service market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns.
Food Irradiation ServiceProduct Types In-Depth: Gamma Rays, e-beams, X-rays, Others
Food Irradiation Service Major Geographical First Level Segmentation:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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