According to a new report published by Allied Market Research, titled,
"Food
and beverages disinfection Market by Product Type and End User: Global
Opportunity Analysis and Industry Forecast, 2018-2025,” The global
food and beverages disinfection market size is estimated to reach USD 2,387.9
million by 2025 growing at a CAGR of 4.4% through the forecast period. The
chemical based disinfection products segment led the food and beverages
disinfection market in 2017, followed by UV disinfection equipment. The
significant growth in this segment is attributed to increased penetration of
packaged food products in retail food industry, growth in awareness toward food
borne diseases, and introduction of regulatory imposition from government
organizations.
Chlorine compounds are one of the most convenient chemical disinfectants
used by food processing companies due to its economic pricing and easy
availability. Hence, the above factors attribute toward the growth in chlorine
compound segment in food and beverages disinfection market forecast. Increase
in number of patient population suffering from food and water borne diseases
has increased the financial burden on healthcare service providers in Asia and
Africa. According to WHO, Diarrhoeal diseases contribute 50% of the food borne
illnesses with total incidence of 550 million globally per year. The annual
mortality rate of diarrhoeal diseases is around 230,000 per year.
The global food and beverages
disinfection market is segmented based on product type Chlorine compounds,
Hydrogen Peroxide and Peroxyacid (PAA), Carboxylic acid, Ultra Violet Systems
and Ozone Oxidation System. Based on end user, the food and beverages
disinfection market is categorized into food processing companies, beverage
processing companies, catering kitchens and retail distributors. Furthermore,
the report includes the revenue generated from the sales of food and beverages
disinfection products across North America, Europe, Asia-Pacific, and LAMEA.
The ultra violet systems segment is anticipated to grow with the fastest
CAGR in the global food and beverages disinfection market. These systems offer
rapid disinfection through inactivation of microorganism (bacteria, viruses and
protozoa) with the help of physical process. UV disinfection process has
several advantages over conventional chemical-based disinfection products.
These devices are widely adopted among drinking water disinfection and beverage
industries due to its economic pricing over others. UV radiation technologies
have strong hold in food and beverages disinfection industry owing to its
non-toxic nature, easy of deployment, and lesser maintenance cost. The lack of
effective alternative for UV systems and reduction in consumption of chemical
disinfectants in Food and Beverages Disinfection industry due to regulatory
barrier boost the growth of the UV disinfection systems market.
In terms of value, North America and Europe collectively contributed
around half of the global market share in the food and beverages disinfection
market in 2017. The key players profiled in the report include Toshiba, Evoqua
Water Technologies, UV-Guard Australia, Evonik, Trojan Technologies, Entaco,
Solvay, CCL Pentasol, Halma, and Xylem.
Retail distribution segment holds strong revenue opportunity for food
and beverages disinfection products due to growth in consumption of processed
food from international market. The food retail sector comprises of organized
retail outlets, traditional groceries, supermarket/hypermarket, and other
retail food suppliers. Modern organized retail outlet offers extensive products
under food and beverage categories. The food and beverage products offered by this
retail outlet have varied safety and hygiene issue, which requires numerous
modes of disinfection. Moreover, retail distributors are engaged into various
other activities such as procurement and sourcing, processing,
storage/warehousing, and imports, which create demand for food disinfectants at
each node of value chain.
Based on product type, the chlorine compound segment was the highest
revenue contributor to the food and beverages disinfection market growth in
terms of value in 2018 and is expected to grow at a CAGR of 3.8%, from 2018 to
2025. Based on end user, the food processing companies segment was the highest
contributor to the food and beverages disinfection market growth in terms of
value in 2017, and is estimated to grow at a CAGR of 3.8% from 2018 to 2025. Based
on product type, the chemical disinfectants in Food and beverages disinfection
industry (chlorine compounds, hydrogen peroxide and peroxyacid (PAA), and
carboxylic acid) collectively accounted for approximately 80% food and
beverages disinfection market share in 2017. Based on end user, the food
processing companies and beverage processing companies segments collectively
accounted for more than 50% of the revenue share in the food and beverages
disinfection market in 2017, and are anticipated to grow at the higher CAGR of
3.8% and 4.0%, respectively.
For more information on the research report, refer to below
link:-
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