This report provides exclusive insights into the COVID-19 impact on the Food and Beverage Sterilizing Agent Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Food and Beverage Sterilizing Agent Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Food and Beverage Sterilizing Agent Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on food and
beverage sterilizing agent market provides an in-depth analysis of segments and
sub-segments in the global as well as regional food and beverage sterilizing
agent market. The study also highlights the impact of drivers, restraints, and
macro indicators on the global and regional food and beverage sterilizing agent
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global food and beverage
sterilizing agent market. According to the report, the global food and beverage
sterilizing agent market is projected to grow at a CAGR of 5.50% over the
forecast period of 2019-2025.
Food & beverage sterilizing agents are used to protect the
food products from getting contaminated by microorganisms. In the food
processing sector hydrogen peroxide is the first choice sterilant as it has the
ability to act as a sterilizing as well as an oxidizing agent in the F&B.
The sterilizing agent is chemical compounds which generally used in reducing
the contamination of processed food items.
Global food and beverage sterilizing agent market is primarily
driven by increasing awareness of consumer towards using ready to eat or
packaged meals and rising health concerns among people for purchasing
contamination-free processed food. However, the negative health impacts of consuming
hydrogen peroxide along with stringent government regulations for the food the industry is anticipated to hinder the growth of the global food & beverage
sterilizing agent market. Nonetheless, Major players in the market including
such as Steris, Balchem, Solvay, and many others are adopting sterilizing
techniques or agent to enhance the shelf-life of processed food products,
in turn, attract the consumers towards the packaged food product is expected to
fuel the demand for the global food & beverage sterilizing agent market.
On the basis of region, the global food & beverage sterilizing
agent market is bifurcated into North America, Europe, Asia-Pacific, the Middle
East, and Africa, and Latin America. North America registered itself as the
largest regional market of the global food & beverage sterilizing agent
market in 2018 in terms of revenue and volume. North America is expected to be
the dominating region within the projected period on an account of the growing
consumption of packaged or ready to eat food due to the busy lifestyles
increasing the working population. Rise in catering & tourism industry in
the United State is expected to drive the regional market in the near future.
The report on global food and beverage sterilizing agent market covers
segments such as type, and application. On the basis of type, the sub-markets
include hydrogen peroxide, and peracetic acid. On the basis of application, the
sub-markets include dairy ingredients, beverages, cereals & pulses, meat
& poultry, and dried fruits & vegetables.
The report provides profiles of the companies in the market such
as Arkema, Steris, Hansol Chemical, Mitsubishi, Solvay, Evonik Industries, OCI
Company Ltd., Peroxy Chem, Taekwang Industry Company Ltd.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of food and beverage
sterilizing agent market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.