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Food & Beverage Disinfection Market by Type, End Use, Application And Region - Global Forecast to 2023

Food & Beverage Disinfection Market: Global Forecast until 2023

  • August 2018
  • 134 pages
  • ID: 5495955
In this report:
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According to an article on Food Price Outlook, 2018 published by the USDA Economic Research Service, the year 2018 is estimated to exhibit a positive outlook for the pork industry as the number of pork processing facilities is expected to increase, which is expected to drive pork production further.

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The food & beverage disinfection market is estimated to rise at a compound annual growth rate of 3.70 percent.

The food & beverage disinfection market is projected at $148.90M in 2018, and is projected to extend a value of $178.20M by 2023, increasing at a compound annual growth rate (CAGR) of 3.70 percent. The sector is primarily influenced by Elements such as increasing instances of foodborne disease outbreaks and technological improvements in food & beverage disinfection methods. Nevertheless, the growth in demand for minimally processed food products and the maintenance of proper process control are few factors, which are anticipated to restrict the rise of the food & beverage disinfection market in the long run.

On the basis of the application area, food surface is forecasted to be the quickest-growing segment in the food & beverage disinfection market during the estimate period.

Established on the application area of the food & beverage disinfection, the food surface segment is expected to rise at the highest level rate. The increase in focus on food safety and occurrences of foodborne illnesses, together with the rise in criticality on providing better control over product quality to the manufacturers, is supporting the increase of disinfection of food surface in the food & beverage disinfection market.

The beverage industry segment recorded for the biggest market share in the food & beverage disinfection market, by end use in 2017.

On the basis of end use, the beverage sector recorded for the larger market share in 2017.Majority of the disinfection technology and chemicals available in the market are manufactured commercially to carry out the disinfection of water, as it is a main market.

Also, the growth in the number of breweries, primarily craft microbreweries and brewpubs, in the USA presents the beverage disinfection market with increase opportunities, as disinfection of equipment and water forms the core of the brewing market.

APAC expected to be the quickest-increasing area in the food & beverage disinfection market during the outlook period.

Asia-Pac is expected to grow at the maximal rate over the next five years.The growth in urbanization, the increase in purchasing power, change in consumer preference for high-quality packaged food products, and appreciation about food quality and safety offer promising prospects for increase in the region's food safety sector.

Also, occurrences of different foodborne outbreaks in countries including China (CN) has resulted in the strengthening of food safety standards by the Chinese government. This offers possibilities for the increase ot the food & beverage disinfection market in this area.

Break-up of Primaries:

• By Company category: Tier 1 - 20.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 45.0 percent

• By Description: C-suite - 25.0 percent, and D-level - 35.0 percent, Others - 40.0 percent

• By Area: North America continent - 15.0 percent, Europe (EU) - 15.0 percent, Asia Pacific (APAC) - 40.0 percent, and rest of the world - 30.0 percent

Segment Research

The document breaks down the food & beverage disinfection market based on end use, application area, category, and area. In terms of insights, this market research has emphasized different levels of analyses-competitive landscape, and organization profiles-which together comprise and discuss the basic overviews on the emerging & high-growth segments of the food & beverage disinfection market, high-growth areas, territories, government actions, drivers, market restraints, alternatives, and opportunities.

Why acquiring this study can help you:

• To get a comprehensive overview of the food & beverage disinfection market

• To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved by them

• To benefit business insights about the main countries/localities in which the food & beverage disinfection market is prospering

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