Food Irradiation Market Overview:
The "Global Food Irradiation Market " is an in-depth look at the Food Irradiation Market , with a focus on global market trends and analysis. This study seeks to provide an overview of the Food Irradiation Market industry as well as detailed market segmentation by segment and geography. The Food Irradiation Market is expected to expand rapidly over the forecast period. The research contains critical information on the market positions of the top Food Irradiation Market firms, as well as significant industry trends and opportunities.
Food Irradiation Market was value US$ 175.43 Mn in 2021 and is expected to reach US$ 262.37 Mn by 2029 at a CAGR of 5.16% over forecast period 2022-2029.
Market Scope :
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.
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Segmentation of Food Irradiation Market :
by Source of radiation
• Electron Beam
• Gamma Rays
• X-Rays
The global food irradiation market is divided into regions, food types, and radiation sources.Gamma radiation had the greatest market share by radiation source in 2021 and is anticipated to maintain this position throughout the forecast period. Food, meat, spices, and fowl all have longer shelf lives thanks to gamma radiation technology. In the gamma ray process, ionising energy that breaks chemical bonds and ionises atoms travels through the meal. Gamma rays clean the food of bacteria, parasites, insects, and other pathogenic and spoilage germs. Because it is water insoluble and so poses low risk of environmental contamination via leakage into the water systems, cobalt-60 is the most often used source of gamma rays for food irradiation in commercial size plants.
by Food type
• Fruits and Vegetables
• Spices
• Grain Foods
• Meat and Poultry
Due to the rising demand for meat and poultry products, the Meat and Poultry type sub-segment is anticipated to hold the largest market share among food types over the projection period.
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Key Players of Food Irradiation Market :
Primary and secondary research is used to discover industry titans, while primary and secondary research is utilized to assess market revenue. The core research included in-depth interviews with a variety of thought leaders and industry experts, including experienced front-line personnel, CEOs, and marketing specialists. Secondary research comprised an examination of well-known manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then cross-checked against primary data. The following are a few companies working in the Food Irradiation Market industry.
- • Food Technology Service Inc.
• Sterigenics International, Inc.
• Gray Star, Inc.
• Ionisos SA.
• Nordion Inc.
• Reviss Services Ltd.
• Sadex Corporation
• Scantech Sciences, Inc.
• Steris Isomedix Services
• Phytosan S.A. De C.
• Tecleor LLC
• Titan Corporation
• Symec Engineers (India) Pvt Ltd
• BioQuality Solutions, Inc.
• Agrosurg Irradiators (INDIA) Pvt. Ltd.
• NACRE
Regional Analysis :
The Food Irradiation Market research focuses into geographic analysis, which is further separated by sub-regions and nations. Profit projections and market share statistics for each country are included in this section of the research. This component of the study examines each region's and country's share and growth rate throughout the forecasted time period.
The report provides a thorough PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America, after considering political, economic, social, and technical issues effecting the Food Irradiation Market in various sectors.
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COVID-19 Impact Analysis on Food Irradiation Market :
Customer behaviour has changed as a result of the COVID-19 virus across all areas of society. Businesses, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Food Irradiation Market and will assist you in developing your business in accordance with the new industry norms.
Under the COVID-19 Impact section, the Food Irradiation Market Report delivers a 360-degree research ranging from the agile supply chain and trade restrictions to regional government policies and the firm's future impact. Primary market research (2021-2029), instances of venture rivalry, the benefits and drawbacks of large corporate channels, and industry growth trends (2021-2029) have all been provided.
Key Questions Answered in the Food Irradiation Market Report are :
- How big is the market for Food Irradiation Market ?
- Which regional market will emerge as the market leader in the next years?
- Which application category is expected to develop the fastest?
- What opportunities for growth could exist in the Food Irradiation Market industry in the next years?
