Food Irradiation Equipment Market Share of North America Holding 68% in coming years

Throughout the forecast period from 2023 to 2033, the global food irradiation equipment market is anticipated to experience steady growth, with a Compound Annual Growth Rate (CAGR) of 3.8%. Projections suggest that the market will expand from its 2022 valuation of US$ 13,800 million to reach US$ 20,037.9 million by the conclusion of 2033.

Food irradiation represents a distinctive method wherein X-rays, electron beams, and gamma rays are employed to preserve, disinfect, and sterilize food products. This innovative process plays a vital role in reducing food spoilage caused by parasites, bacteria, and insects, thereby enhancing food safety and extending shelf life.

Get Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-16276

Growth Factors

The global food irradiation equipment market is poised for substantial growth over the next decade, driven by increasing consumer acceptance of food irradiation practices. Recent approvals by regulatory bodies such as the US Food and Drug Administration (FDA), endorsing the irradiation of fresh fruits and vegetables for phytosanitary treatment, underscore the safety and efficacy of this technology in safeguarding food quality.

Furthermore, mounting concerns surrounding food losses due to spoilage, contamination, and infections are expected to propel market growth. The escalating prevalence of food-borne illnesses worldwide adds impetus to the demand for food irradiation equipment, as it offers a reliable solution to mitigate risks associated with foodborne pathogens.

According to statistics from the World Health Organization (WHO), approximately 600 million individuals, representing 1 in 10 people globally, fall ill each year due to consuming contaminated food. Tragically, over 420,000 individuals succumb to foodborne diseases annually, resulting in the loss of 33 million healthy life years. Moreover, unsafe food practices impose a significant economic burden, with an estimated US$ 10 billion lost annually in medical expenses and productivity costs in middle- and low-income countries alone. These alarming figures underscore the urgent need for effective food safety measures, further driving the demand for food irradiation equipment worldwide.

Key Companies

  • Food Technology Service Inc.
  • Sterigenics International Inc.
  • Gray Star Inc.
  • Ionisos SA
  • Nordion Inc.
  • Reviss Services Ltd.
  • Sadex Corporation
  • Sterix Isomedix Services
  • Scantech Sciences Inc.
  • Phytosan SA De C
  • Tacleor LLC.

Buy this Exclusive Report: https://www.futuremarketinsights.com/checkout/16276

Market Outlook by Category

By Source:

  • Gamma Radiation
  • X-Ray Radiation
  • Electron Beam Radiation

By Technology:

  • Ultra High Pressure
  • Steam Pasteurization
  • Food Coating
  • Ozone Treatment

By End User:

  • Food Processing Industries
  • Food Packaging Industries

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)

Leave a comment

Your email address will not be published. Required fields are marked *