Global Food Sterilization Equipment Market to 2023 - Opportunities in Packaging and Shelf-Life Enhancement for Processed Food
DUBLIN, Sept 28, 2018 /PRNewswire/ --
The "Food Sterilization Equipment Market by Technology (Heat, Steam, Radiation, Chemical, and Filtration), Process (Batch and Continuous), Application (Spices, Seasonings, and Herbs and Dairy Products), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The food sterilization equipment market is estimated at USD 678.8 million in 2018 and is projected to reach USD 922.7 million by 2023, growing at a CAGR of 6.3% during the forecast period.
Rising application of sterilization technology in food & beverage industry, increasing instances of foodborne diseases, and growing safety concerns related to food hygiene and contamination are the major factors fueling the demand for food sterilization equipment across the globe. Based on the process type, the batch food sterilization equipment dominated the market, holding the largest share in terms of value in 2018. The batch sterilization process is majorly used to control the temperature for reducing the contamination of microorganisms in food products. Due to these factors the batch process segment is projected to dominate in the food sterilization equipment market during the forecast period.
Based on application, the food sterilization equipment market is divided into spices, seasonings, and herbs, cereals & pulses, meat, poultry & seafood, dairy products, fruits & vegetables, dried fruits & nuts, beverages, and others. The spices, seasonings and herbs segment accounted for the largest share of the global food sterilization equipment market in 2018. Spices and herbs contain compounds such as antioxidants that have anti-inflammatory, antifungal, antibacterial, and anticancer properties and benefit the consumer's health. As food producers use spices and herbs as an important ingredient in most of their products, the demand for the food sterilization equipment remains high. To offer high-quality food products containing spices, herbs, and seasonings, manufacturers are focusing on improving the sterilization process, which in turn, escalates the demand for sterilization equipment for the spices, seasonings, and herbs.
Based on technology, the food sterilization equipment market is divided into heat, steam, radiation, chemical, filtration, and others. The heat segment accounted for the largest share of the global food sterilization equipment market in 2018. Heat sterilization is one of the most widely used sterilization methods due to its easy-to-handle characteristic and low capital investment. The wide application of heat sterilization technology in the food & beverage processing industry is projected to drive the growth of this market during the forecast period. Heat sterilization technology is used to maintain long-term shelf stability for a broad range of high-moisture food products and ingredients. This technology is cost-effective as compared to the other methods and are preferred by many food manufacturing companies worldwide.
Asia Pacific is projected to witness the fastest growth in the food sterilization equipment market during the forecast period. Emerging economies such as India, China, and developed country such as Japan have favorable market growth potential for sterilized food products, which has encouraged the food manufacturers in these countries to adopt strategies such as expansions. Through expansions, the companies are focusing on catering to the consumer demands and through increasing the production capacity of sterilized food products and raw materials such as spices, seeds, and herbs by using food sterilization equipment. The growing population and per capita income in China, India, Australia, and New Zealand are expected to drive the demand for sterilized foods & beverages. On the account of these factors, the growth of the food sterilization equipment market is projected to increase during the forecast period.
Key players such as JBT Corporation (US), Buhler (Switzerland), De Lama (Italy), Hisaka (Japan), and Systec (Germany) have been actively strategizing their growth plans to expand in the food sterilization equipment market. These companies have a strong presence in Europe, North America, and Japan. In addition, these companies have manufacturing facilities across these regions with a strong distribution network.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in the Food Sterilization Equipment Market
4.2 North America: Food Sterilization Equipment Market, By Technology & Country
4.3 Food Sterilization Equipment Market, By Process, 2018 vs 2023
4.4 Food Sterilization Equipment Market, By Four Major Applications
4.5 Food Sterilization Equipment Market, By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Occurrences of Foodborne Diseases and Growing Awareness of Food Safety Among Consumers
5.2.1.2 Technological Advancements in Food Sterilization
5.2.1.3 Increasing Demand for Non-Thermal Process in Sterilization
5.2.2 Restraints
5.2.2.1 Growing Concerns About Highly Processed Food Products
5.2.2.2 Maintaining Proper Process Control
5.2.3 Opportunities
5.2.3.1 Opportunities in Packaging and Shelf-Life Enhancement for Processed Food
5.2.3.2 Emerging Economies in Asia Pacific, African, and South American Countries
5.2.4 Challenges
5.2.4.1 Stringent Government Regulations
6 Food Sterilization Equipment Market, By Technology
6.1 Introduction
6.2 Heat
6.3 Steam
6.4 Radiation
6.5 Chemical
6.6 Filtration
6.7 Others
7 Food Sterilization Equipment, By Application
7.1 Introduction
7.2 Spices, Seasonings, and Herbs
7.3 Cereals & Pulses
7.4 Meat, Poultry, and Seafood
7.5 Dairy Products
7.6 Fruits & Vegetables
7.7 Dried Fruits & Nuts
7.8 Beverages
7.9 Others
8 Food Sterilization Equipment Market, By Process
8.1 Introduction
8.2 Batch Sterilization
8.3 Continuous Sterilization
9 Food Sterilization Equipment Market, By Region
10 Competitive Landscape
10.1 Overview
10.2 Competitive Scenario
10.2.1 Expansions
10.3 Market Ranking
10.4 Geographical Analysis of the Top Five Companies
10.5 Technological Analysis of the Top Five Companies
11 Company Profiles
11.1 JBT Corporation
11.2 Bhler
11.3 Ventilex
11.4 Surdry
11.5 Cosmed Group
11.6 Steriflow
11.7 Allpax
11.8 Hisaka
11.9 Systec
11.10 De Lama
11.11 Raphanel
11.12 Sun Sterifaab
11.13 Industrial Sonomecanics (ISM)
For more information about this report visit https://www.researchandmarkets.com/research/l4jj9b/global_food?w=5
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