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Food Sterilization Equipment Market Size Worth An Estimated Value of USD 975.7 Million By 2025 | Grand View Research, Inc

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Food Sterilization Equipment Market Size Worth An Estimated Value of USD 975.7 Million By 2025 | Grand View Research, Inc

March 04
10:06 2020
Food Sterilization Equipment Market Size Worth An Estimated Value of USD 975.7 Million By 2025 | Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, the global food sterilization equipment market size was estimated at USD 646.0 million in 2018 and is expected to grow at a CAGR of 6.1% over the forecast period.

The global food sterilization equipment market size is projected to reach USD 975.7 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.1% over the forecast period. The market is driven by growing concerns regarding product safety, along with consumer shift toward canned and processed foods across the globe.

Rising demand for aseptic processing is expected to boost demand for food sterilization equipment over the forecast period. Aseptic processing is a method that uses advanced sterilization processes in eatables with particulates and dairy-based beverages to increase shelf life and protect them from pathogens.

The food processing industry is a mature sector that is going through a turbulent period on account of growing consumer demand for product safety and higher sustainability and quality. As a result, food processing manufacturers have started investing in sterilizers, which is expected to boost market growth over the coming years.

Canned/processed meats have less acids and need to be sterilized in order to hinder bacterial growth. Rising demand for processed meats in emerging economies such as India, China, Malaysia, and Indonesia owing to increasing disposable income and growing influence of western culture is anticipated to drive the market over the forecast period.

Manufacturers are focusing on product innovations and investing in offering new sterilizers with improved efficiency and ease of operation. Continued investments in low-temperature sterilizers have resulted in reducing processing times, along with cost efficiency, which will lead to an increase in product demand through 2025.

Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/food-sterilization-equipment-market

U.S. food sterilization equipment market size, by process, 2014 - 2025 (USD Million)

Key Takeaways from the report:

  • Fruits and vegetables application accounted for a volume share of 21.9% in 2018 and is expected to witness the fastest growth over the forecast period
  • Asia Pacific was the largest market for sulfur bentonite, accounting for 29.7% share, by revenue, in 2018. It is expected to expand at a CAGR of 6.2% from 2019 to 2025
  • Major companies operating in the market continuously invest in R&D to improve the product quality. These companies have a strong foothold and better established and well recognized brands which make it difficult for the new players to compete in the market
  • In 2017, Coromandel International Limited expanded its phosphoric acid production capacity by 300 tons per day and the capacity of other auxiliary facilities located at Sriharipuram to 9,900 tons per day

Global food sterilization equipment market share, by application, 2018 (%)

Request For Free Sample Report @ https://www.grandviewresearch.com/industry-analysis/food-sterilization-equipment-market/request/rs1

Grand View Research has segmented the global food sterilization equipment market on the basis of process, technology, application, and region:

Food Sterilization Equipment Process Outlook (Revenue, USD Million, 2014 – 2025)

  • Batch
  • Continuous

Food Sterilization Equipment Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Heat
  • Steam
  • Radiation
  • Chemical
  • Filtration
  • Others

Food Sterilization Equipment Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Spices, Seasonings and Herbs
  • Meat, Poultry & Seafood
  • Dairy Products
  • Fruits & Vegetables
  • Juices & Beverages
  • Grains
  • Others

Food Sterilization Equipment Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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Website: https://www.grandviewresearch.com/industry-analysis/food-sterilization-equipment-market