According to a recent study published by FMI, the global food & beverage disinfection market is projected to record a moderate to steady growth pace over the forecast period 2020-2030. The key aspect driving the market growth is increasing concern for offering clean label foods particularly amid the possibility of the COVID-19 virus transmission via unclean food packets.
“Governments across nations have reinforced legal restrictions concerning food distribution and processing to ascertain that proper edible and quality food is available to all sections of the society. This has prompted widening of market scope for food and beverage disinfectants.” comments the FMI analyst.
Food and Beverage Disinfection Market – Key Highlights
- Asia-Pacific is anticipated to reflect swift growth as compared to other regions in the approaching forecast decade.
- Chlorine compounds chemical segment will remain the most extensively utilized food & beverage disinfectant.
- Food end-use industries to remain the leading category throughout the forecast period.
- Food processing equipment is anticipated to reflect lucrative growth in the global market.
Food and Beverage Disinfection Market – Drivers
- Mounting demand for clean & processed foods to propel market growth.
- Stringent legal restrictions by governments across nations concerning food distribution and processing are supporting market growth.
Food and Beverage Disinfection Market – Restraints
- Growing demand for maintaining proper process control and minimally processed food products to limit market growth.
- Absence of skilled individuals to operate the equipment may constrain the growth of the market in the approaching years.
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COVID-19 Impact on the Market
The COVID-19 outbreak has steered the market growth into a minor deceleration for the short run. This is mainly due to limitations on the transportation of essential chemicals amid geographies. However, the market demand has foreseen a drastic surge, catalyzed by the rising trend of consuming clean-label food products to prevent the infection from entering the consumers’ bodies. Manufacturers are thus escalating their disinfection sessions to satiate the impaling demand.
The global food & beverage disinfection market is led by the following companies: CCL Pentasol, Advanced UV Inc., Evonik Industries AG, Stepan Company, Solvay SA, Entaco NV, Halma PLC, Fink Tec GmbH, Trojan Technologies, Xylem Inc., Suez, Entaco N.V. and Evoqua Water Technologies. As these companies have a significant presence in the global landscape, to consolidate their existence, these companies have invested in extending their product lines by launching industry-specific product customizations, collaborations with agencies or competing players and r&d.
About the Study
The study offers readers a comprehensive assessment of the Food and Beverage Disinfection market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of product type (chemicals & technology), application (food surface, food packaging & food processing equipment) and end use (food industry & beverages), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
Food & Beverage Disinfection Market- Report Scope
|Historical Data Available for||2015-2019|
|Market Analysis||US$ Mn for Value|
|Key Regions Covered||North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania|
|Key Countries Covered||U.S., Canada, Brazil, Mexico, Germany, U.K, France, Spain, Italy, Russia, BENELUX, China, India, ASEAN, Japan, South Korea, GCC, Turkey, Northern Africa, South Africa, Australia & New Zealand|
|Key Segments Covered||Application & End Use|
|Key Companies Profiled||Advanced UV Inc., CCL Pentasol, Evonik Industries AG, Evoqua Water Technologies LLC, Fink Tec GmbH, Halma PLC, Neogen Corporation, Solvay SA, Stepan Company, Entaco NV, Trojan Technologies, Suez, Xylem Inc., & Others|
|Report Coverage||Market Overview, COVID-19 Scenario Assessment, Key Market Trends, Key Success Factors, Market Background, Policy and Regulatory Landscape, Demand Analysis, Segmental Analysis, Regional Profiling, Market Structure Analysis and Competition Analysis|
|Customization & Pricing||Available upon Request|
Key questions answered in the report
- How will the Food & Beverage Disinfection Market grow from 2020-2030?
As per FMI’s analysis, the global food & beverage disinfection market is anticipated to register a moderate to steady CAGR during the 2020-2030 assessment decade. High concern for providing clean label foods is driving growth.
- Which is the most frequently used food & beverage disinfectant?
The chlorine compounds chemical category is the most widely used food disinfectant, attributed to its environmentally friendly nature and effectiveness in eliminating pathogens and other abiotic impurities. However, Ozonation is acquiring increasing momentum.
- How will COVID-19 impact the food & beverage disinfection market?
The COVID-19 pandemic has ushered in a minor deceleration in growth for the near-term forecast. This is largely as a result of restrictions on transportation of essential chemicals between various geographies due to logistical constraints.On the demand front, however, growth has witnessed a drastic upsurge, catalyzed by the growing trend of consuming clean-label food products in the hope of preventing the virus from entering the customers’ bodies. Food manufacturers are therefore escalating their disinfection sessions to cater to this spiking demand.