Prominent
players accounting for a major share in the global food ingredients
sterilization market are Balchem Inc., Wenda Ingredients, Croll
Reynolds Inc., Sterigenics International LLC, Croll Reynolds, and
Safe Spice, finds Transparency Market Research (TMR). Some of the top
companies in this market already provide specialized offerings in the
healthcare sector and specialty chemical products to the food and
beverages industry. Leading players have a stronghold in the food and
beverages industry; however, owing to their technical expertise in
sterilization, they have gained a competitive advantage in the food
ingredients sterilization market, observes TMR. Several
players are offering value-added products using basic ingredients to
consolidate their shares.
Expanding
at a CAGR of 4.2% from 2016 to 2024, the global food ingredient
sterilization market is anticipated to reach US$452,046.9 by the end
of forecast period. The estimated valuation of the market at the end
of 2016 was US$326,069.
Heat
Sterilization Most Preferred Method of Decontamination
Based
on geography, the major regional markets for food ingredients
sterilization are Europe, North America, Asia Pacific, the Middle
East & Africa (MEA), and Latin America. Of these, currently, a
major chunk of the demand for food sterilization comes from countries
in Europe and North America. However, in the coming years, the Asia
Pacific market is expected to rise at a strong CAGR over the forecast
period. The impressive growth of the regional market is attributed to
the swift pace of urbanization in emerging nations and the growing
demand for convenience foods across the region.
The
major methods of food sterilization are heat, radiation, and
moisture. Among these, the heat sterilization method leads the
market. The substantial demand for sterilization using moist or dry
heat or by using indirect heating methods is due to their enhanced
efficacy in extending the shelf life of food ingredients. This method
is especially helpful in killing bacterial endospores and
microorganisms.
Demand
for Increasing Shelf Life of Products and Newer Sterilization Methods
to Boost Market
Undercooking,
contamination, and incorrect food processing are leading causes of
food poisoning worldwide. This has also led to a rise in food
recalls, adversely affecting the reputation and profit margins of
manufacturers and vendors. As a result, there is an accelerating
demand for various food sterilization methods to make them safe for
consumption. In addition, the use of sterilization methods in food
processing also increases the shelf life of the products. These are
the key factors propelling the food ingredients sterilization market.
Furthermore, the process of food ingredient sterilization
significantly reduces the use of food processing agents and limits
the use of preservatives, which is a major concern among consumers.
This, therefore, boosts the market. Sterilized foods minimize the
risk of carrying food-borne pathogens, significantly reducing the
instances of food poisoning.
However,
limited consumer awareness related to food sterilization methods and
the faulty use of sterilization equipment are likely to hinder the
market to an extent. Nevertheless, advancements in techniques to
process food and the advent of high hydrostatic pressure in
combination with temperature (HPT) technique are expected to unlock
exciting opportunities for market players. Advanced sterilization
methods aimed at reducing the pathogen count in ready-to-eat and
packaged foods are encouraging developments in the market and this is
expected to open up lucrative avenues.
The
study presented here is based on a report by Transparency Market
Research (TMR) titled “Food Ingredients Sterilization Market
(Ingredient - Spices, Herbs and Seasonings, Cereals and Pulses,
Seafood, Tea Blends, Nuts, Meat and Poultry, Dried Fruits and
Vegetables, and Dairy; Method - Heat, Radiation, and Moisture) -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2016-2024”
The
global food ingredients sterilization market is segmented based on:
Ingredients
- Spices, herbs and seasonings
- Cereals and pulses
- Seafood
- Tea blends
- Nuts
- Meat and poultry
- Dried fruits and vegetables
- Dairy ingredients
Method
- Heat
- Radiation
- Moisture
- Others
Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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