DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Food Irradiation Market - Forecast from 2016 to 2021" report to their offering.
Global Food Irradiation market is projected to expand at a CAGR of 4.10% over the forecast period to reach a total market size of US$165.571 million by 2021.
Food irradiation is a food safety technology that can eliminate disease-causing microorganisms from the food by the process of exposing foodstuff to ionizing radiation without affecting the nutritional value of the irradiated food. Increasing concerns over the food-borne diseases and high food losses from infection, contamination, and spoilage are some of the key factors driving the food irradiation market. Growing demand for meat and poultry farm products is also fueling the demand for food irradiation solutions.
Rising public concerns over food safety and increased demand for raw food products such as lettuce or spinach will provide ample opportunities to global food irradiation solution providers over the next six years. Moreover, emerging trend of including new and exotic fruits and vegetables in diet will further augment the demand for food irradiation to ensure the safety and quality of these new food products. However, misconception about the technology among consumers along with high prices of irradiated food products will hinder the market growth during the forecast period. Other restraints include lack of irradiation facilities and the reluctance of manufacturers to use this technology as it adds costs, thereby affecting the profit margin.
- Food Technology Service, Inc.
- GRAY STAR, Inc.
- Nordion (Canada) Inc.
- REVISS Services
- SADEX Corporation
- STERIS Corporation
- Securefoods Inc.
Sterigenics International LLC
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Food Irradiation Market Forecast by Type of Radiation (US$ million)
6. Food Irradiation Market Forecast by Geography (US$ million)
7. Competitive Intelligence
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/325td4/food_irradiation