Driven by the growing concern regarding food safety among consumers along with the increasing prevalence of foodborne illness, the Global Food & Beverage Disinfection Market is Forecasted to reach nearly US$ 15 Bn by 2028 says Ken Research Study.
Food & beverage disinfectant plays a major role in health and hygiene. Disinfection is a technique that eliminates microorganisms like bacteria, fungi, and others, that can cause early deterioration and foodborne illness. Disinfection of food and beverage products can be done by technology and chemicals to ensure that the food is safe for consumption.
Ken Research shares 3 key insights on this high-demand market from its latest research study.
1. Growing Concern Over Food Safety Encourage Market Growth
The rising concern regarding food safety and packaged food among consumers along with increasing health concerns among consumers, especially in developing countries is anticipated to propel the growth of the Global Food & Beverage Disinfection Market. In addition, strict regulations laid by the government on food & beverage manufacturers to maintain food safety practices are likely to boost the growth of the market. However, the growing demand for organic and minimally processed food products may decrease the demand for processed or packaged food & beverages, which may hamper the growth of the market.
According to Ken Research estimates, the Global Food & Beverage Disinfection Market – valued at ~US$ 9 Bn in 2017 and estimated to reach ~US$ 10 Bn by 2022 – is expected to grow to ~US$ 15 Bn opportunity by 2028.
2. Rising Prevalence of Foodborne Illness Among Consumers is Driving the Market Growth
The increasing number of cases of foodborne illness due to the presence of foodborne pathogens, inorganic chemicals, and radioactive substances has increased the concerns within the Global food and beverage industry. Foodborne diseases are a major public health concern that has increased the demand for disinfectants among food and beverage manufacturers, and the packaging industry to offer safe food for consumers and to comply with the regulations laid by the government, which is likely to propel the growth of the market.
The below graph depicts the rise in cases of foodborne illness in Sweden due to campylobacter, a foodborne pathogen.
3. Lack of Technical Knowledge Is the Most Significant Barrier to the Growth of the Market.
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The serious gaps in knowledge of technology as well as the lack of skilled workers may hamper the growth of the market. Proper knowledge of disinfecting processing equipment, packaging equipment, surface disinfectant, and others is necessary to ensure compliance with the standards of governmental regulation. The inadequate knowledge and training among workers in the food & beverage industry may lead to serious problems such as outbreaks of harmful pathogens or foodborne diseases. The above-mentioned factor may hamper the growth of the market. For Instance, the National Sample Survey Office stated that due to the COVID-19 pandemic, there has been a huge decline in employment in the manufacturing sector in India, in which lack of skills shortage also plays a huge part.
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 information on the research report, refer to below link:
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