Food Irradiation Market, By Source of Radiation (Gamma, X-Ray, and Electron Beam), By Technology (Oz

Published Date: June 2019 | Report Code : FA2058727

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The Global Food Irradiation Market is projected to reach USD 286.2 Million by 2028 at a CAGR of 5.7% during the forecast period. Food irradiation is primarily used for extending the shelf life of foods by exposing them to ionizing radiation such as gamma rays, x-rays or electron beams. These are radiation through which energy can be transmitted without direct contact with the source of radiation. This radiation frees the electrons from their atomic bonds and effectively destroys organisms responsible for food spoilage, food borne illness, and inhibiting sprouting.

Food Irradiation Market

Food Irradiation Market

According to the World Health Organization (WHO), globally, 1 out of every 10 people suffers from food poisoning and approximately 420,000 people die annually. Moreover, 125,000 children die from food-borne diseases. This is one of the main reasons for the growth of the food irradiation market, as governments around the world are focusing on food quality and safety standards to ensure healthy consumption of food items and reduce food-related diseases.

Among food types, the meat & poultry segment has received the highest demand for food irradiation, as this food type is more vulnerable to spoilage and disease-causing bacteria. According to a report by Compassion in World Farming (CIWF), approximately 50 billion chickens are raised by farmers as a source of food, which is as a huge for food irradiation market.

Food Irradiation Market

Food Irradiation Market

North America and Western Europe are significant for food irradiation market due to easy availability of advanced technologies and high food quality standards set by government bodies such as the US Food and Drug Administration (FDA) and the Center for Disease Control and Prevention (CDC), Department for Environment, Food and Rural Affairs (DEFRA). These organizations have accepted food irradiation as a safe method.

Food irradiation market is witnessing moderate growth in the Asia Pacific region due to the negative perception of consumers towards irradiated foods, as consumers in the region consider the food as radioactive and mutated. However, there has been a growing awareness and acceptance of food irradiation by governments of various countries in this region. For instance, in India, food irradiation is governed by the Food Safety and Standards Act 2006, Atomic Energy Rules 2012, etc. India cleared several food items under the Atomic Energy Rules 2012 for preservation through irradiation.

Key Factors Impacting the Growth of Food Irradiation Market:

  • High number of cases of food poisoning and other food borne diseases.
  • High demand from meat and poultry industry.
  • Government rules and regulations.
  • Growing awareness about the benefits of irradiation.

Key Developments in Food Irradiation Market:

  • In March 2014, Sterigenics International acquired the Food Technology Service Inc. to increase its global service capabilities. FTSI now operates as a subsidiary of Sterigenics International. Sterigenics also acquired Canadian-based Company, Nordion, for USD 727 million in May 2014, to further increase their reach and capabilities.

What Does This Report Provide?

This report provides a detailed understanding of the food irradiation market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the food irradiation market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Source of Radiation:

  • Gamma
  • X-ray
  • Electron Beam

By Technology:

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

By Food Type:

  • Fruits & Vegetables
  • Grain Foods
  • Spices
  • Meat & Poultry
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Source of Radiation
    • By Technology
    • By Food Type
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Source of Radiation
    • By Technology
    • By Food Type
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Source of Radiation
    • By Technology
    • By Food Type
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Source of Radiation
    • By Technology
    • By Food Type
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Source of Radiation
    • By Technology
    • By Food Type
  • Rest of the World
    • By Region (South America, Africa)
    • By Source of Radiation
    • By Technology
    • By Food Type

Companies Covered: Major Companies profiled in the report which are key players in the food irradiation market include Food Technology Service Inc., Gray Star Inc., Sterigenics International Inc., Scantech Sciences Inc., Phytosan S.A., Sadex Corporation, Tecleor LLC, Ionisos SA., and Steris Isomedix Services. Information about companies that are included in this report specifically highlights future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments done by these companies in the food irradiation market.

Years Considered In The Study

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

5.7%

Reasons to Buy This Report:

  • Market size estimation of the food irradiation market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the food irradiation market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

  • We provide customization of the study to meet specific requirements:
  • By Segment
  • By Sub-segment
  • By Region/Country

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