Food Ingredients Sterilization Market: Introduction
The latest market forecast report published by Transparency MarketResearch on the food ingredients sterilization market includesglobal industry analysis and opportunity assessment for 2019-2029.Revenue generated from the global food ingredients sterilization market hasbeen estimated to be valued at ~US$ 367 Mn in 2019, whichis projected to increase at a CAGR of ~4%, to reach ~US$ 554 Mn by 2029.
Food Ingredients Sterilization Market Driven byIncreasing Incidence of Foodborne Illnesses
According to the Centers for Disease Control and Prevention (CDC)estimates, 48 million people fall sick due to the foodborne illness each year,out of which 128,000 get hospitalized and 3,000 are casualties. The diseasesare termed as zoonotic diseases. By definition, zoonotic diseases gettransmitted directly or indirectly between animals and humans. In the UnitedStates, 31 major pathogens caused around 9 million episodes offoodborne illness. In Europe, every year, 23 million falls illand 5,000 people die due to foodborne illness, of which diarrheal diseases areresponsible for most of the illness and casualties. The rapidly increasingincidence of foodborne diseases are thus driving the demand for foodingredients sterilization.
Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19133
Testing Requirements for Export of Food ProductsFuel Market Demand for Food Ingredients Sterilization
With ease of business relations between intercontinental countries, thefood sector has been flourishing, and an increase in import and exportactivities has been observed. The globalization of the food sector and foodsupply chain has increased food sterilization practices. European and NorthAmerican countries are prominent importers of raw materials for foodproduction. Since regulations of these countries are stringent, exporters fromother regions are obliged to test and sterilize their food products to be ableto export them. This increase in import/export activities is driving the foodingredients sterilization market.
More Trending Reports
Increasing M&A Activities and Investments BoostFood Ingredients Sterilization Market
Considering the increased rate of urbanization and industrialization inMEA and Asian countries, big firms and companies in the food sterilizationmarket are penetrating in these emerging sectors. The increased M&Aactivities have thus resulted in expansions, which are subsequently boostingthe food ingredients sterilization market.
Request Covid19 analysis on thismarket
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=19133
Social and Political Pressure to Improve FoodSafety and Security
Food contamination is a continuous threat in the modern food system,intimidating human health and along with it, brands, retailers, intermediaries,and entire food sectors. The business and reputational damage of food safetyfailures are greater than ever. Moreover, growing public scrutiny has madeinternational and national regulators increasingly concerned about food safetyissues. Consumers are demanding more information about their food to lessentheir fears. Thus, active businesses should, therefore, grip food safety anduse high standards of ingredients to differentiate from the competition. Thegrowing consumer awareness and demand for high standards of food products arepaving the path for food ingredients sterilization market growth.
Buy Now
https://www.transparencymarketresearch.com/checkout.php?rep_id=19133<ype=S
AboutUs
TransparencyMarket Research (TMR) is a global market intelligence company providingbusiness information reports and services. The company’s exclusive blend ofquantitative forecasting and trend analysis provides forward-looking insightsto thousands of decision-makers. TMR’s experienced team of analysts,researchers, and consultants use proprietary data sources and various tools andtechniques to gather and analyze information.
TMR’s datarepository is continuously updated and revised by a team of research experts sothat it always reflects the latest trends and information. With extensiveresearch and analysis capabilities, Transparency Market Research employsrigorous primary and secondary research techniques to develop distinctive datasets and research material for business reports.
Contact
TransparencyMarket Research
90 StateStreet, Suite 700
Albany, NY12207
Tel:+1-518-618-1030
USA -Canada Toll-Free: 866-552-3453
