by The global Food Irradiation Market is estimated to be valued at US$ 219.84 Bn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Food irradiation is a technology used to treat foods like spices, fruits and vegetables using ionizing radiation to eliminate microorganisms, bacteria, viruses, or insects that might be present in or on the food. It also reduces the need for chemical food preservatives and helps prevent the spread of foodborne illness.
Market Overview:
Food irradiation uses ionizing radiation like gamma rays, x-rays or electron beams on food items to increase shelf-life and ensure safety. It destroys organisms that cause food spoilage and disease without altering the nutritional value or taste of the food. Gamma rays are one of the most widely used radiation sources for food irradiation as they can easily penetrate through the packaging materials.
Market key trends:
Gamma irradiation segment is growing at a fastest rate owing to its effectiveness in controlling microorganisms. Factors such as need for extended shelf life, food safety concerns, and reduced agricultural losses are driving adoption of gamma ray technology in food irradiation. Recent advances in irradiation equipment to achieve precision and capability to handle bulk volumes will further accelerate gamma irradiation demand. However, negative consumer perception of irradiation altering natural food properties remains a challenge. Stringent guidelines by international organizations for dose Uniformity Ratio (DUR) also influences market growth.
Segment Analysis
The food irradiation market is dominated by the fruits and spices segment. This segment accounts for over 35% of the overall market share due to the growing popularity and demand for fresh fruits and spices throughout the year. Fruits and spices have a short shelf-life and are highly perishable in nature. Irradiation helps extend their shelf-life without compromising the quality and nutrition. It kills microorganisms and insects that cause spoilage. This enables year-long availability of fresh produce and minimizes wastage during transportation and storage.
Key Takeaways
The Global Food Irradiation Market Size is expected to witness high growth, exhibiting CAGR of 5% over the forecast period, due to increasing demand for fresh and minimally processed food products.
Regional analysis
North America dominates the global food irradiation market and is expected to continue its dominance over the forecast period. This is attributed to stringent food safety regulations and the presence of major players in the region. The Asia Pacific region is expected to exhibit the fastest growth owing to the rising health consciousness and increasing disposable incomes in developing economies such as China and India.
Key players
Key players operating in the food irradiation market are Sterigenics International, Inc., Ionisos SA., Gray Star, Inc., Reviss Services Ltd., Nordion Inc., Sadex Corporation, Steris Isomedix Services, Scantech Sciences Inc., Steri-Tek, and Symec Engineers (India) Pvt. Ltd. Sterigenics International, Inc. specializes in gamma sterilization for medical devices and holds a significant share of the overall market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
