The food & beverage disinfection market is estimated at USD 148.9 million in 2018, and is projected to reach a value of USD 178.2 million by 2023, growing at a CAGR of 3.7%. The key players profiled have a strong presence in the global food & beverage disinfection market; they include Trojan Technologies (Canada), Halma (UK), Evoqua Water Technologies (US), Evonik (Germany), Solvay (Belgium), and Stepan Company (US).

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101417056

Market Dynamics

Drivers

• Growing Instances of Foodborne Diseases and Outbreaks
• Technological Advancements in Food & Beverage Disinfection
• Growing Awareness About Food Safety Among Consumers
• Increasing Demand for Non-Thermal Process in Disinfection

Restraints

• Rising Demand for Minimally Processed Food Products
• Maintaining Proper Process Control

Opportunities

• Opportunities in Packaging and Shelf Life Enhancement for Processed Food

Challenges

• Stringent Government Regulations

On the basis of the application area, the food & beverage disinfection market is segmented into food surface, food packaging, and food processing equipment. The food processing equipment segment accounted for the largest share, followed by the food packaging segment, in 2017. Food processing was the major application area of food & beverage disinfection (chemicals and technology), as the major focus of manufacturers is on disinfecting the food contact surfaces during the entire production line. Food processing equipment form a critical part of large manufacturing units, and the disinfection of these equipment helps achieve quality compliance.

Request for Customization of the Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=101417056

On the basis of type, the technology segment accounted for a larger market share, followed by the chemical segment. Technologies such as UV radiation is increasingly adopted by food & beverage manufacturers as an effective, cost-efficient, and safe disinfection technology. It is used either separately or in combination with other technologies to enhance its efficacy. Ozonation, which is another popular disinfection technology, is gaining traction in the market, due to its effectiveness in the food packaging industry. Due to these factors, the market for the technology segment of food & beverage disinfection market accounted for a larger share.

The Asia Pacific region is projected to be the fastest-growing market. The application of disinfection equipment is estimated to increase at a high rate, due to the increasing food safety concerns. The rapid growth of the food processing sector in this region is expected to result in the increase in the number of food processing units, which is further projected to boost the demand for food & beverage disinfection equipment and chemicals.