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Food irradiation market analysis | Coherent Market Insights

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Food irradiation market analysis | Coherent Market Insights

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  1. Coherent Market Insight Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ Covid-19 Impact Tracker

  2. FOOD IRRADIATION MARKET ANALYSIS • Food Irradiation Market Report, by Source of Radiation (Gamma Rays Radiation, X-rays Radiation, and Electron Beam Radiation), by Technology (Ultra-high Pressure Technology, Steam Pasteurization, Ozone Treatment, Food Coating Technology, and Others (Fumigation and others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026 • 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.

  3. 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.

  4. Figure 1. Global Food Irradiation Market Share (%), By Source of Food Irradiation, 2017

  5. For instance, according to World Health Organization (WHO), globally one out of every 10 people suffer from food poisoning and around 420,000 die annually. Moreover, children under the age of five are at high risk with 125,000 children dying from foodborne diseases annually, despite the fact that they make up only 9% of the global population. Food irradiation is a technology that controls spoilage of food and eliminates foodborne pathogens, therefore, the demand for this technology is increasing in the market

  6. 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.

  7. Figure 2. Global Food Irradiation Market Share (%), By Region, 2017

  8. North America is expected to account for significant market share 56% in the global food irradiation market. This is owing to increasing consumer preference and acceptance of food irradiation technology. Furthermore, increasing consumer awareness about benefits of food irradiation is another factor driving growth of the market in the region. Advantages of food irradiation such as reduction of chemical use and process safety. The advantages of food irradiation such as reduction pathogenic microorganisms, decontamination, extension of shelf life, and disinfestation is another factor driving the food irradiation market growth in the region.

  9. Asia Pacific is projected be the fastest growing region in the global food irradiation market, owing to approval of government agencies for use of food irradiation technology. For instance, in India, food irradiation is governed by the Atomic Energy Rules, 2012 (Radiation Processing of Food & Allied Products), Food Safety and Standards Act 2006, Plant Quarantine Order, 2004 (Regulation of Import into India), and others. For instance, Government of India has cleared several commodities under new Atomic Energy (Radiation Processing of Food & Allied Products) Rules 2012 in Food Safety and Standards (Food Products Standards and Food Additives) Regulations, 2011 for preservation through irradiation.

  10. 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.

  11. 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.

  12. REQUEST SAMPLE • DOWNLOAD PDF • REQUEST CUSTOMIZATION • TALK TO ANALYST REFERENCE https://www.coherentmarketinsights.com/market-insight/food-irradiation-market-2173

  13. About Us: Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  14. Contact Us: Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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