Driven by the growing concern regarding food safety among consumers along with the increasing prevalence of foodborne illness, the Global Food & Beverage Disinfection Market is Forecasted to reach nearly US$ 15 Bn by 2028 says Ken Research Study.
Food & beverage disinfectant plays a major role in health and hygiene. Disinfection is a technique that eliminates microorganisms like bacteria, fungi, and others, that can cause early deterioration and foodborne illness. Disinfection of food and beverage products can be done by technology and chemicals to ensure that the food is safe for consumption.
Ken Research shares 3 key insights on this high-demand market from its latest research study.
1. Growing Concern Over Food Safety Encourage Market Growth
The rising concern regarding food safety and packaged food among consumers along with increasing health concerns among consumers, especially in developing countries is anticipated to propel the growth of the Global Food & Beverage Disinfection Market. In addition, strict regulations laid by the government on food & beverage manufacturers to maintain food safety practices are likely to boost the growth of the market. However, the growing demand for organic and minimally processed food products may decrease the demand for processed or packaged food & beverages, which may hamper the growth of the market.
According to Ken Research estimates, the Global Food & Beverage Disinfection Market – valued at ~US$ 9 Bn in 2017 and estimated to reach ~US$ 10 Bn by 2022 – is expected to grow to ~US$ 15 Bn opportunity by 2028.
2. Rising Prevalence of Foodborne Illness Among Consumers is Driving the Market Growth
The increasing number of cases of foodborne illness due to the presence of foodborne pathogens, inorganic chemicals, and radioactive substances has increased the concerns within the Global food and beverage industry. Foodborne diseases are a major public health concern that has increased the demand for disinfectants among food and beverage manufacturers, and the packaging industry to offer safe food for consumers and to comply with the regulations laid by the government, which is likely to propel the growth of the market.
The below graph depicts the rise in cases of foodborne illness in Sweden due to campylobacter, a foodborne pathogen.
3. Lack of Technical Knowledge Is the Most Significant Barrier to the Growth of the Market.
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The serious gaps in knowledge of technology as well as the lack of skilled workers may hamper the growth of the market. Proper knowledge of disinfecting processing equipment, packaging equipment, surface disinfectant, and others is necessary to ensure compliance with the standards of governmental regulation. The inadequate knowledge and training among workers in the food & beverage industry may lead to serious problems such as outbreaks of harmful pathogens or foodborne diseases. The above-mentioned factor may hamper the growth of the market. For Instance, the National Sample Survey Office stated that due to the COVID-19 pandemic, there has been a huge decline in employment in the manufacturing sector in India, in which lack of skills shortage also plays a huge part.
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Key Topics Covered in the Report
Snapshot of the Global Food & Beverage Disinfection Market
Industry Value Chain and Ecosystem Analysis of the Food & Beverage Disinfection Market
Market size and Segmentation of the Global Food & Beverage Disinfection Market
Historic Growth of the Overall Global Food & Beverage Disinfection Market and Segments
Competition Scenario of the Food & Beverage Disinfection Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Food & Beverage Disinfection Industry
Overview, Product Offerings, and Strategic Developments of Key Competitors
COVID-19 Impact on the Overall Global Food & Beverage Disinfection Market
Future Market Forecast and Growth Rates of the Global Food & Beverage Disinfection Market and by Segments
Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
Analysis of the Food & Beverage Disinfection Market in Major Regions
Major Production / Consumption Hubs in the Major Regions
Major Production/Supply and Consumption/Demand Hubs in Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Food & Beverage Disinfection Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region
Major Companies Mentioned in the Report
Advanced UV, Inc.
Solvay
Stepan Company
Suez
Evonik Industries AG
Neogen Corporation
FINK TEC GmbH
Halma
Trojan Technologies Group ULC
Evoqua Water Technologies LLC
Notable Emerging Companies Mentioned in the Report
Oki Electric Industry Co., Ltd.
Ecolab
Vapourtec Ltd.
Xylem
UV-Guard Australia
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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
Food & Beverage Disinfection Manufacturers
Food Processing Companies
Beverage Processing Companies
Food & Beverage Processing Equipment Manufacturers
Research & Consulting Firms
Research & Development Institutes for Disinfectant Sector
Food & Beverage Disinfection Providers
Disinfection Chemical Suppliers
UV Equipment Manufacturers
Food Safety Regulatory Bodies
Food & Beverage Disinfection Distributors
Food & Beverage Disinfection Packaging Services
Packaging Equipment Manufacturers
Government & Food Safety Regulations
Investors in Disinfectants Companies
Period Captured in the Report
Historical Period: 2017-2021
Forecast Period: 2022E-2028F
For more information on the research report, refer to below link:
https://www.kenresearch.com/business-research/global-food-beverage-disinfection-market-outlook-2028/