Press release
Food Sanitization Equipment Market is Expected to Reach the Value of USD 1411.78 million by The end of Forecast year 2029
The food sanitization equipment market was valued at USD 791.59 million in 2021 and is expected to reach the value of USD 1411.78 million by 2029, at a CAGR of 7.50% during the forecast period.The highly competitive food and beverage industry has created a demand for safer and more delicious products. As a result, food sanitization equipment plays an important role in assisting manufacturers in preserving food for a longer period and killing microorganisms to drive out moisture from ingredients.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Global Food Sanitization Equipment Market Dynamics
Drivers
The growing need for long shelf life due to rising consumption of packaged food
Proper food sanitization keeps food products safe and increases food manufacturers' ability to deliver quality food with a long shelf life. On the other hand, the growing popularity of packaged and prepared foods in developing countries has increased demand for food sanitization among food manufacturers, as it extends the shelf life of food ingredients and keeps packaged foods safe for longer.
Stringent policies implemented by authorities are augmenting market growth
Economic development is critical to increasing the number of distributors of specialty food ingredients in the developing regions. G.D.P. growth in emerging markets is expected to drive demand for value-added products and thus distribution. Consumers around the world are increasingly demanding safer and cleaner food products, prompting governments and authorities to impose stringent food safety regulations on food producers, processors, importers, and exporters. Several market players are now having their food products/ingredients sterilised and tested to avoid penalties from authorities and comply with stringent regulations.
Opportunity
The demand for food sanitization equipment is expected to increase in the near future, as advancements in sanitization technology and the development of new sanitization products create opportunities for food manufacturers to develop new food products to meet rising consumer demand. Manufacturers of food and beverage products are putting a lot of effort into research and development to improve the nutritional and multifunctional profile of food items with many health benefits, which is driving the global food sanitization equipment market growth.
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COVID-19 Impact on Food Sanitization Equipment Market
The global corona virus outbreak impacted the food and beverage industry's sales and revenue growth. Furthermore, the closure of manufacturing plants in the food and beverage industries during the lockdown had a negative impact on the sanitization equipment market. The post-COVID scenario will positively impact food sanitization equipment because producers are more concerned with reducing infections from microorganisms and bacteria on food products.
Global Food Sanitization Equipment Market Scope
The food sanitization equipment market is segmented on the basis of application, technology, and process. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Process
Batch Sterilization
Continuous Sterilization
Technology
Heat
Steam
Radiation
Filtration
Others
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Application
Spices
Fruits and Vegetables
Dried Fruits and Nuts
Beverages
Others
Competitive Landscape and Food Sanitization Equipment Market Share Analysis
Some of the major players operating in the food sanitization equipment market are:
J.B.T. (U.K.)
Bühler AG (Switzerland)
Ventilex. (Netherlands)
Surdry S.L (Spain)
Cosmed Group (U.S.)
Richards Industrials (U.S.)
Allpax Products, L.L.C. (U.S.)
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