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$922 Million Food Sterilization Equipment Market - Global Forecast to 2023

Dublin, Sept. 28, 2018 (GLOBE NEWSWIRE) -- The "Food Sterilization Equipment Market by Technology (Heat, Steam, Radiation, Chemical, and Filtration), Process (Batch and Continuous), Application (Spices, Seasonings, and Herbs and Dairy Products), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The food sterilization equipment market is estimated at USD 678.8 million in 2018 and is projected to grow at a CAGR of 6.3%, reaching USD 922.7 million by 2023.

The market is driven by factors such as rising instances of foodborne diseases, growing awareness regarding food safety among consumers, technological advancements in food sterilization, and increasing demand for non-thermal processes in sterilization. However, growing concerns pertaining to highly processed food products is the major restricting factor for the global food sterilization equipment market.

Based on application, the dried fruits & nuts segment is projected to grow at the highest CAGR during the forecast period. Dried fruits and nuts are consumed as a snack and are extensively used as important ingredients in various confectionery and bakery products. Insects, mites, and microbes can spoil dried fruits and nuts, and degrade their quality. Increasing use of dried fruits and nuts in the preparation of various food product has led food producers to opt for effective sterilization solutions. Steam and radiation sterilization equipment are considered the most effective devices for dried fruits and nuts. Increasing demand for sterilization equipment for dried fruits and nuts among food producers is projected to drive the growth of sterilization equipment market in this segment.

Asia Pacific region is projected to witness the fastest growth in the global food sterilization equipment market. China, India, Japan, and Australia are the key countries with significant growth potential in the market. The developing economies studied in the Asia Pacific region are witnessing a significant demand for sterilized raw materials, such as spices and herbs, for use in various food applications. Countries such as India and China are using steam sterilizers on a wide scale in the food processing industry as this equipment rapidly heats and destroys the microbial contamination in food products.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Growth Opportunities in the Food Sterilization Equipment Market
4.2 North America: Food Sterilization Equipment Market, By Technology & Country
4.3 Food Sterilization Equipment Market, By Process, 2018 vs 2023
4.4 Food Sterilization Equipment Market, By Four Major Applications
4.5 Food Sterilization Equipment Market, By Region

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Occurrences of Foodborne Diseases and Growing Awareness of Food Safety Among Consumers
5.2.1.2 Technological Advancements in Food Sterilization
5.2.1.3 Increasing Demand for Non-Thermal Process in Sterilization
5.2.2 Restraints
5.2.2.1 Growing Concerns About Highly Processed Food Products
5.2.2.2 Maintaining Proper Process Control
5.2.3 Opportunities
5.2.3.1 Opportunities in Packaging and Shelf-Life Enhancement for Processed Food
5.2.3.2 Emerging Economies in Asia Pacific, African, and South American Countries
5.2.4 Challenges
5.2.4.1 Stringent Government Regulations

6 Food Sterilization Equipment Market, By Technology

6.1 Introduction
6.2 Heat
6.3 Steam
6.4 Radiation
6.5 Chemical
6.6 Filtration
6.7 Others

7 Food Sterilization Equipment, By Application

7.1 Introduction
7.2 Spices, Seasonings, and Herbs
7.3 Cereals & Pulses
7.4 Meat, Poultry, and Seafood
7.5 Dairy Products
7.6 Fruits & Vegetables
7.7 Dried Fruits & Nuts
7.8 Beverages
7.9 Others

8 Food Sterilization Equipment Market, By Process

8.1 Introduction
8.2 Batch Sterilization
8.3 Continuous Sterilization

9 Food Sterilization Equipment Market, By Region

10 Competitive Landscape

10.1 Overview
10.2 Competitive Scenario
10.2.1 Expansions
10.3 Market Ranking
10.4 Geographical Analysis of the Top Five Companies
10.5 Technological Analysis of the Top Five Companies

11 Company Profiles

11.1 JBT Corporation
11.2 Bhler
11.3 Ventilex
11.4 Surdry
11.5 Cosmed Group
11.6 Steriflow
11.7 Allpax
11.8 Hisaka
11.9 Systec
11.10 De Lama
11.11 Raphanel
11.12 Sun Sterifaab
11.13 Industrial Sonomecanics (ISM)

For more information about this report visit https://www.researchandmarkets.com/research/z7226v/922_million_food?w=12

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Related Topics: Medical Devices

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