PUBLISHER: Lucintel | PRODUCT CODE: 1522990
PUBLISHER: Lucintel | PRODUCT CODE: 1522990
Food Sterilization Equipment Trends and Forecast
The future of the global food sterilization equipment market looks promising with opportunities in the spice, seasoning, and herb, cereal & pulse, meat, poultry & seafood, dairy product, fruit & vegetable, dried fruit & nut, and beverage markets. The global food sterilization equipment market is expected to reach an estimated $0.65 billion by 2030 with a CAGR of 3.0% from 2024 to 2030. The major drivers for this market are rising awareness of food safety among consumers and increasing occurrences of foodborne diseases.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Food Sterilization Equipment by Segment
The study includes a forecast for the global food sterilization equipment by technology, process, application, and region.
List of Food Sterilization Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food sterilization equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food sterilization equipment companies profiled in this report include-
Food Sterilization Equipment Market Insights
Lucintel forecasts that heat will remain the largest segment over the forecast period due to its user-friendly nature and minimal capital requirements.
Within this market, spice, seasoning and herb will remain the largest segment.
APAC is expected to witness the highest growth over the forecast period due to increasing population and rising expenditure on packaged food products and ready-to-eat meals.
Features of the Global Food Sterilization Equipment Market
Market Size Estimates: Food sterilization equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Food sterilization equipment market size by technology, process, application, and region in terms of value ($B).
Regional Analysis: Food sterilization equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technologies, processes, applications, and regions for the food sterilization equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food sterilization equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the food sterilization equipment market size?
Answer: The global food sterilization equipment market is expected to reach an estimated $0.65 billion by 2030.
Q2. What is the growth forecast for food sterilization equipment market?
Answer: The global food sterilization equipment market is expected to grow with a CAGR of 3.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the food sterilization equipment market?
Answer: The major drivers for this market are rising awareness of food safety among consumers and increasing occurrences of foodborne diseases.
Q4. What are the major segments for food sterilization equipment market?
Answer: The future of the food sterilization equipment market looks promising with opportunities in the spice, seasoning, and herb, cereal & pulse, meat, poultry & seafood, dairy product, fruit & vegetable, dried fruit & nut, and beverage markets.
Q5. Who are the key food sterilization equipment market companies?
Answer: Some of the key food sterilization equipment companies are as follows:
Q6. Which food sterilization equipment market segment will be the largest in future?
Answer: Lucintel forecasts that heat will remain the largest segment over the forecast period due to its user-friendly nature and minimal capital requirements.
Q7. In food sterilization equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to increasing population and rising expenditure on packaged food products and ready-to-eat meals.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.