A recent report published by Infinium Global Research on food and beverages disinfection market provides an in-depth analysis of segments and sub-segments in the global as well as regional food and beverages disinfection market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional food and beverages disinfection 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 beverages disinfection market. According to the report, the global food and beverages disinfection market is projected to grow at a CAGR of 3.5% over the forecast period of 2019-2025.
As per the World Health Organization report, children below 5 years are at very high risk for foodborne problems. Owing to the foodborne problem, every year 1,25,000 children are dying every year. The children’s (under five years) death from foodborne disease constitutes around 20% death from this disease around the world. One out of ten people falls ill after taking contaminated food. The growing incidence of food-related problems such as food poisoning, listeriosis, salmonellosis, hepatitis A, gastroenteritis, and others are causing several financial and human resource loss to the government of every nation. This has caused them to promulgate strict rules and regulation related to the food & beverage safety and disinfection parameters. The developed countries are more concerned about the health of its nationals, for this they regularly update the rules related to the food safety and disinfection, whereas developing countries and underdeveloped countries are not up to the mark of the developed countries. Now, the developing and developed countries are becoming more aware of it, and slightly tightening the rule about it. This factor is helping to grow the food & beverage disinfection market.
The growing government food safety regulation in several countries and increasing awareness among the consumers is helping to boost the growth of the food & beverage disinfection market around the world. Further, food and beverage manufacturing companies around the world are realizing that, if they want to survive in the competitive market, and want to avoid costly litigation and compensation, then it is better to adopt food & beverage safety related instruction by the government in every region or market. Further, this helps them to improve their brand image among the consumers and provides an opportunity to charge a premium price for their product offering. However, the lack of awareness among the government organization and lax implementing agencies are restricting the growth of the food & beverage disinfection market.
Geographically, food & beverages disinfection market is segmented into four regions, namely, North America, Europe, the Asia-Pacific, and RoW. North America is the largest market of the food & beverages disinfection products, owing to the presence of numerous food processing and beverage manufacturing companies in this region. Additionally, the presence of a large number of consumers, who depend on the processed fruits and beverage products for their breakfast, lunch, snacks, and dinner is helping to continuously grow the food & beverages disinfection market in this region. Europe is the second largest market, after North America. The Asia-Pacific is expected to grow at the highest CAGR during the forecast period, owing to the growing demand for a different type of processed food and beverage products among the youth and middle-class consumers.
The report on global food and beverages disinfection market covers segments such as chemical type, technology, application, and end use. On the basis of chemical type, the sub-markets include chlorine compounds, hydrogen peroxide and peracetic acid, quaternary ammonium compounds, alcohols, and other chemical types. On the basis of technology, the sub-markets include UV radiation, ozonation, and other technologies. On the basis of application, the sub-markets include food packaging, food processing equipment, and food surface. On the basis of end use, the sub-markets include food industry, and beverage industry.
The report provides profiles of the companies in the market such as Suez SA, Trojan Technologies, Halma plc, Advanced UV Inc, Evoqua Water Technologies LLC, Xylem Inc., C C L Pentasol Ltd, Entaco Ltd (Redditch Medical), Fink Tec GmbH, and Stepan Company.
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 beverages disinfection 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.