Global Food Irradiation Market Growth 2024-2030
According to our LPI (LP Information) latest study, the global Food Irradiation market size was valued at US$ 183.9 million in 2023. With growing demand in downstream market, the Food Irradiation is forecast to a readjusted size of US$ 227 million by 2030 with a CAGR of 3.1% during review period.
The research report highlights the growth potential of the global Food Irradiation market. Food Irradiation are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Food Irradiation. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Food Irradiation market.
Food irradiation (the application of ionizing radiation to food) is a technology that improves the safety and extends the shelf life of foods by reducing or eliminating microorganisms and insects. Like pasteurizing milk and canning fruits and vegetables, irradiation can make food safer for the consumer.
Increasing concerns over the food-borne diseases and high food losses from infection, contamination, and spoilage are some of the key factors driving the food irradiation market. Growing demand for meat and poultry farm products is also fuelling the demand for food irradiation solutions. Rising public concerns over food safety and increased demand for raw food products such as lettuce or spinach will provide ample opportunities to global food irradiation solution providers over the next six years.
Key Features:
The report on Food Irradiation market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Food Irradiation market. It may include historical data, market segmentation by Type (e.g., Electron Beam Radiation, Gamma Radiation), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Food Irradiation market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Food Irradiation market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Food Irradiation industry. This include advancements in Food Irradiation technology, Food Irradiation new entrants, Food Irradiation new investment, and other innovations that are shaping the future of Food Irradiation.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Food Irradiation market. It includes factors influencing customer ' purchasing decisions, preferences for Food Irradiation product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Food Irradiation market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Food Irradiation market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Food Irradiation market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Food Irradiation industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Food Irradiation market.
Market Segmentation:
Food Irradiation market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Electron Beam Radiation
Gamma Radiation
X-Ray Radiation
Segmentation by application
Food
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Food Technology Service, Inc
IONISOS SA
ScanTech Sciences, Inc
GRAY STAR, Inc
STERIS
Nordion
SADEX Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Food Irradiation market?
What factors are driving Food Irradiation market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Food Irradiation market opportunities vary by end market size?
How does Food Irradiation break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.