Showing posts with label F&B Market. Show all posts
Showing posts with label F&B Market. Show all posts

Tuesday, May 16, 2023

Global Food & Beverages Disinfection Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach ~USD 15 Bn By 2028 – Ken Research

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What Is The Size Of Global Food & Beverages Disinfection Industry?

The Food & Beverages Disinfection Market is largely driven by rising health concerns regarding food safety among consumers, especially in developing countries.

 The increasing prevalence of foodborne illness due to pathogens, inorganic chemicals, and radioactive substances along with stringent regulations laid by the government over food safety is likely to boost the demand for food & beverage disinfectants and is anticipated to propel the growth of the Global Food & Beverage Disinfection Market.

The demand for fresh, organic, and less processed food products which is free from any synthetic preservatives is increasing among consumers, which leads to a decrease in the demand for chemical disinfectant and may restrict the growth of the market, The COVID-19 pandemic positively impacted the Food & Beverage Disinfection Market owing to the increasing need to prevent viral infections among consumers. The pandemic increased concerns regarding food safety among consumers as well as the demand for high-quality food products which are free from harmful pathogens. Disinfectants gained more attraction in the food processing and packaging industry during the pandemic to curb the situation and to ensure that food products are free from harmful pathogens, which has benefitted the growth of the Global Food & Beverage Disinfection Market.

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Global Food & Beverages Disinfection Market By Type

The Global Food & Beverages Disinfection market is segmented by Type into Chemical and Technology.

Chemical segment held the largest share of the Global Food & Beverage Disinfection Market by type in 2022, due to its easy usage as well as increasing governmental approvals for chemical disinfectants.

The increasing demand for chemical disinfectants among food and beverage manufacturers for various applications such as water treatment, heat exchangers, pasteurizing equipment, and others is expected to fuel the growth of the segment in the Global Food & Beverage Disinfection Market.

Global Food & Beverages Disinfection Market By Application

The Global Food & Beverages Disinfection market is segmented by Application into Surface, Packaging and Processing Equipment.

The processing equipment segment accounted for the largest share of the Global Food & Beverage Disinfection Market in 2022, owing to the growing demand for disinfectants for advanced food processing equipment coupled with rising food safety concerns.

Food processing is an important step in the food production and distribution cycle and thus the demand for disinfectants is increasing to ensure that the food produced is free from harmful microorganisms that can cause foodborne diseases, which is anticipated to aid the growth of the segment in the Global Food & Beverage Disinfection Market.

Global Food & Beverages Disinfection Market By End-User

The Global Food & Beverages Disinfection market is segmented by End-user into Food Processing Companies, Beverage Processing Companies, Catering Kitchens and Retail Distributors.

The food processing companies segment accounted for the largest share of the Global Food & Beverage Disinfection Market in 2022, attributed to increased consumption of processed food & beverage products among all age groups.

An upsurge in disposable income along with the increasing demand for processed and convenient food & beverages products is increasing the demand for chemical and technology disinfectants among food processing companies to offer products free from harmful microorganisms to avoid foodborne diseases, which is likely to boost the demand for the segment in the Global Food & Beverage Disinfection Market.

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Global Food & Beverages Disinfection Market By Geography

The Global Food & Beverages Disinfection market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia-Pacific region accounted for the largest share of the Global Food & Beverage Disinfection Market in 2022, owing to the increase in the prevalence of food-borne illnesses among consumers.

The rapid growth in population along with surging demand for high-quality and clean-label food & beverage products is expected to boost the demand for disinfectants in the food & beverage industry to prevent foodborne illness and is expected to augment the growth of the region in the Food & Beverage Disinfection Market.

Key Topics Covered in the Report

  • Snapshot of the Global Food & Beverage Disinfection Market
  • Industry Value Chain and Ecosystem Analysis of the Food & Beverage Disinfection Market
  • Market size and Segmentation of the Global Food & Beverage Disinfection Market
  • Historic Growth of the Overall Global Food & Beverage Disinfection Market and Segments
  • Competition Scenario of the Food & Beverage Disinfection Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Food & Beverage Disinfection Industry
  • Overview, Product Offerings, and Strategic Developments of Key Competitors
  • COVID-19 Impact on the Overall Global Food & Beverage Disinfection Market
  • Future Market Forecast and Growth Rates of the Global Food & Beverage Disinfection Market and by Segments
  • Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
  • Analysis of the Food & Beverage Disinfection Market in Major Regions
  • Major Production / Consumption Hubs in the Major Regions
  • Major Production/Supply and Consumption/Demand Hubs in Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Food & Beverage Disinfection Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

  • Advanced UV, Inc.
  • Solvay
  • Stepan Company
  • Suez
  • Evonik Industries AG
  • Neogen Corporation
  • FINK TEC GmbH
  • Halma
  • Trojan Technologies Group ULC
  • Evoqua Water Technologies LLC

Notable Emerging Companies Mentioned in the Report

  • Oki Electric Industry Co., Ltd.
  • Ecolab
  • Vapourtec Ltd.
  • Xylem
  • UV-Guard Australia

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Food & Beverage Disinfection Manufacturers
  • Food Processing Companies
  • Beverage Processing Companies
  • Food & Beverage Processing Equipment Manufacturers
  • Research & Consulting Firms
  • Research & Development Institutes for Disinfectant Sector
  • Food & Beverage Disinfection Providers
  • Disinfection Chemical Suppliers
  • UV Equipment Manufacturers
  • Food Safety Regulatory Bodies
  • Food & Beverage Disinfection Distributors
  • Food & Beverage Disinfection Packaging Services
  • Packaging Equipment Manufacturers
  • Government & Food Safety Regulations
  • Investors in Disinfectants Companies

Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below:-

Global Food & Beverage Disinfectant Market