Food Irradiation Market Projected To Grow 4.9% Cagr Through 2025 | Food Technology Service, Inc., Sterigenics International, Inc., Gray Star, Inc.

Food irradiation is a technology that improves the shelf life and safety of food by reducing or eliminating the presence of microorganisms and insects in the food. Ionizing radiation is used in the process, which exposes food and food packaging. The Food and Drug Administration has approved food irradiation (FDA).The global food irradiation market is expanding due to rising demand for food irradiation. This is due to the benefits of food irradiation, which include increased shelf life of fruits and vegetables and a reduction in pathogenic microorganisms such as E. coli and Salmonella. Furthermore, several government organisations are in favour of food irradiation. For example, the World Health Organization (WHO), the American Dietetic Association, and the European Union's Scientific Committee all support food irradiation for food safety.

The global food irradiation market was worth US$ 198.0 million in 2016 and is expected to be worth US$ 284.2 million by 2025, growing at a CAGR of 4.9 percent during the forecast period (2018 - 2025)

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Companies Covered as part of this study include: Food Technology Service, Inc., Sterigenics International, Inc., Gray Star, Inc., Ionisos SA., Nordion Inc., Reviss Services Ltd., Sadex Corporation, Scantech Sciences, Inc., Steris Isomedix Services, Phytosan S.A. De C., and Tecleor LLC...
 
Market Trends

Food irradiation technology is becoming increasingly popular as a means of preventing food-borne diseases. Bacteria and other microorganisms that cause diseases such as food poisoning and other illnesses are eliminated by the technology. For example, the World Health Organization estimates that 600 million people, or nearly one in every ten, became ill in 2015 as a result of consuming contaminated food. 420 000 people are killed, including 125 000 children under the age of five.However, a lack of consumer awareness about food irradiation and the high cost of food irradiation methods are major factors limiting market growth.
  
Report Purchase Motives:
• The paper examines how Food Irradiation is expected to grow in the future.
• Examine various perspectives on the Food Irradiation using Porter's five forces analysis.
• The product type expected to dominate the Food Irradiation market, as well as the regions expected to grow the fastest over the forecast period, are investigated.
• Recognize the new advancements, Food Irradiation shares, and policies of the leading market participants.
• Over the last five years, the competitive landscape has included the Food Irradiation share of significant firms as well as important development policies.
• Comprehensive company profiles that include the product offerings of the major Food Irradiation players, critical financial information, current advancements, SWOT analysis, and strategies.
 
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