Global Food Irradiation Market Reflecting a CAGR of 5.2% during 2018 – 2026 | Market Analysis by Tecleor, Sterigenics International, STERIS, SADEX Corporation, Nordion (Canada), GRAY STAR, Food Technology Service

Global Food Irradiation market is accounted for $205.99 million in 2017 and is expected to reach $325.82 million by 2026 growing at a CAGR of 5.2% during the forecast period. Increasing concerns over the food borne diseases, rising demand for raw food products such as lettuce or spinach, growing demand for meat and poultry farm products are some of the key factors driving the market growth. Moreover, the emerging trend of including new and exotic fruits and vegetables in diet is fuelling the market growth. However, huge cost of irradiated food products and lack of irradiation facilities are hampering the market growth.

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Food irradiation is the process of exposing food and food packaging to ionizing radiation. Ionizing radiation, such as from gamma rays, x-rays or electron beams. The radiation can be emitted by a radioactive substance or generated electrically. This process is used to improve food safety by extending product shelf-life (preservation), decreasing the risk of food borne illness, eliminating sprouting or ripening by sterilization of foods and as a means of controlling insects and invasive pests.

Top Players:
Some of the key players profiled in the Food Irradiation Market include Tecleor LLC, Sterigenics International LLC, STERIS, SADEX Corporation, Nordion (Canada) Inc., GRAY STAR, Inc., Food Technology Service, Inc, ScanTech Sciences, Inc., IONISOS SA, MDS Nordion, PHYTOSAN S.A. de C and REVISS Services.

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Market Segments:
Depending on technology, food pasteurization segment is expected to have significant growth during the forecast period due to rising demand for food irradiation products across the globe. Pasteurization of solid foods such as meat, poultry and sea foods by irradiation is a practical method for elimination of pathogenic organisms and micro- organisms except for viruses. By geography, Asia Pacific holds the largest market share during the forecast period.

Source of Radiations Covered:
• Electron beam radiation
• Gamma Radiation
• X-Ray Radiation

Technologies Covered:
• Ultra-High Pressure Technology
• Steam Pasteurization
• Ozone Treatment
• Fumigation
• Food Coating Technology

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This release was published on openPR.