Market analysts anticipate that the global food metal detector market will increase from US$ 5,300.0 million in 2023 to US$8,152.3 million in 2033, with a 4.4% CAGR in overall sales over the same time period.
The increasing prevalence of foodborne illnesses worldwide and the growing demand for greater consumer protection are some of the major factors influencing the demand for food metal detectors in the global market.
Metals from a variety of food products are being found and removed using food metal detectors in an increasing number of applications. These metal detectors offer a high detection sensitivity and unparalleled inspection. As a result, they are spreading like wildfire throughout the entire world.
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Despite all precautions, metallic contamination in food items during the manufacturing process cannot be completely eliminated. to deal with
Similarly, growing production and consumption of processed food products and implementation of stringent government regulations for improving food safety are expected to push the demand for food metal detectors during the next ten years.
Key Takeaways:
· Based on product type, snack foods metal detectors segment is expected to grow at a significant pace during the forecast period.
· By automation, demand for automatic food metal detectors is likely to grow at the highest pace during the next ten years.
· North America, spearheaded by the U.S. accounts for around 38% share of the global food metal detector market.
· Europe is poised to hold around 40% share of the global food metal detector market in 2023.
· Amid rising food security concerns, demand for food metal detectors across China is projected to grow at a steady pace during the forecast period.
“Rising need for improving consumer protection has compelled governments to introduce stringent food safety standards and regulations. This will pay a key role in boosting sales of food metal detectors during the next ten years,” says a lead analyst at Future Market Insights.
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Competitive landscape:
Top 5 manufacturers of Food Metal Detectors include Mettler-Toledo, Anritsu Infivis, Eriez, CEIA, and Sesotec Mettler-Toledo, Anritsu Infivis, Eriez, CEIA, and Sesotec, together holding around 20% to 30% Food Metal Detector market share.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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