According to Stratistics MRC, the Global Food Ingredients Sterilization Market is accounted for $336.09 million in 2016 and expected to grow at a CAGR of 6.3% to reach $486.99 million by 2022. Factors such Food product recalls, health protection, replacement of preservatives and increasing the shelf life of foods are driving the market growth. The increasing trend of packaged food in developing regions and advancement in sterilization technology for manufacturing companies will provide ample opportunity for the market to grow. However, improper use of sterilization equipment and low awareness will hinder the market growth.
Heat Sterilization technique segment dominated the global Sterilization method market owing to reduced toxin production of packaged food and hence lowering the risk of foodborne pathogens. North America and Europe accounted for the largest market share due to increasing consumer awareness and also gaining traction of packaged and ready to eat food products. However, Asia Pacific offers vast opportunity to grow due to rapid urbanization and establishment of many food manufacturing plants.
Some of the key players in global Food Ingredients Sterilization market are Sterigenics International LLC, Croll Reynolds, Balchem Corporation, Wenda Ingredients, Namah Steam Sterilization, Napasol AG, Cosmed Group, Safe Spice, Global Sterilization and Fumigation and ATTEC Food Technology.
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• Other Methods
• Cereals and Pulses
• Dairy Ingredients
• Dried Fruits and Vegetables
• Meat and Poultry
• Spices, Herb’s and Seasonings
• Tea Blends
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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