DUBLIN--(BUSINESS WIRE)--The "Food Irradiation Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Food irradiation market is projected to grow at a CAGR of 3.9% over the forecast period to reach US $269.139 million by 2023 from US $213.998 million in 2017.
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 fuelling 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, the 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.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Food Irradiation Market By Source of Radiation
6. Food Irradiation Market By Food Type
7. Food Irradiation Market By Geography
8. Competitive Intelligence
9. Company Profiles
- Gray Star Inc.
- Nordion (Canada) Inc.
- SADEX Corporation
- Sterigenics International LLC
- Tecleor LLC
For more information about this report visit https://www.researchandmarkets.com/research/58whpj/food_irradiation?w=4