According to a new market report published by Lucintel, the future of the food sterilization equipment market looks promising with opportunities in the spices, seasonings, and herbs & dairy products. The global food sterilization equipment market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are concerns regarding food safety and consumer shift toward canned & processed foods across the globe.
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Food sterilization equipment is equipment that helps to complete destruction or elimination of all viable organisms in/on object being sterilized. In this market, batch and continuous are the major processes used in food sterilization equipment. Lucintel forecasts that batch process will remain the largest segment over the forecast period as it is majorly used to control the temperature for reducing the contamination of microorganisms in food products.
Within this market, spices will remain the largest segment by application over the forecast period due to the fact that spices contain compounds such as antioxidants that have anti-inflammatory, antifungal, antibacterial, and anticancer properties and benefit the consumer’s health.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to emerging economies such as India, China, and developed country such as Japan have favorable market growth potential for sterilized food products, which has encouraged the food manufacturers in these countries to adopt strategies such as expansions.
JBT, Buhler, Cosmed, Ventilex, Surdry, Steriflow, Allpax, Hisaka, Systec, and De Lama are among the major suppliers in the global food sterilization equipment market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global food sterilization equipment market by technology, process, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Food Sterilization Equipment Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global food sterilization equipment market by technology, process, application, and region as follows:
By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:
Heat
Steam
Radiation
Chemical
Filtration
By Process [Value ($ Million) shipment analysis for 2014 – 2025]:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Spices
Seasonings & Herbs
Dairy Products
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
A 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.