Food Sterilization Equipment Market: Radiation Segment To Grow At Highest Cagr

By Author: Sonal
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The food sterilization equipment market is estimated to be valued at USD 678.8 million in 2018 and is projected to reach USD 922.7 million by 2023, recording a CAGR of 6.3% from 2018.

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Radiation segment projected to grow at the highest CAGR, by technology, from 2018 to 2023

Based on technology, the food sterilization equipment market is divided into heat, steam, radiation, chemical, filtration, and others. The heat segment accounted for the largest share of the global food sterilization equipment market in 2018. Heat sterilization is one of the most widely used sterilization methods due to its easy-to-handle characteristic and low capital investment. The wide application of heat sterilization technology in the food & beverage processing industry is projected to drive the growth of this market during the forecast period. Heat sterilization technology is used to maintain long-term shelf stability for a broad range of high-moisture food products and ingredients. This technology is cost-effective as compared to the other ...
... methods and are preferred by many food manufacturing companies worldwide.

Radiation minimizes the presence of pathogens in the food products and lowers the speed of enzymes production, which eventually slows down the ripening, spoilage, and sprouting process in the food. The growing demand for chemical-free and environment-friendly food processing techniques is projected to drive the market for radiation technology in the food processing industry.

Leading companies are JBT Corporation (John Bean Technologies) (US), Buhler (Switzerland), Ventilex (Netherlands), Surdry (Spain), Cosmed Group (US), Steriflow (France), Allpax (US), Hisaka (Japan), Systec (Germany), De Lama (Italy), Raphanel (Spain), Sun Sterifaab (India), and Industrial Sonomecanics (US).