The Global Food and Beverage Disinfection Market- Growth, COVID-19 impact and Forecast (2021-2025)
The Global Food and Beverages Disinfection market is segmented by Product Type (Chemical and Technology); Application (Food Packaging, Food Processing Area and Food Surface.); Region (North America, Europe, APAC, ROW).
Introduction
Disinfection is the process of killing harmful and objectionable bacteria, cysts, and other microorganisms. Food & beverage disinfection helps kill bacteria and other microorganisms in food to avoid harm or threat to health during consumption.
The growing prevalence of foodborne diseases and rising concern about food safety is driving the market growth. On the other hand, stringent government regulations are likely to hamper market demand.
Despite the current pandemic situation, the product manufacturers are recovering their operations in full capacities from 2021 beginning. Along with this, the demand for food disinfection has increased during the lockdown due to the rise in consumption of high-quality food & beverage products.
Table of Contents
Executive Summary
Scope of the report
Research Methodology
Executive Summary
Introduction
5.1 Parent Market/ TAM
5.2 Market Outline
5.3 Market Segmentation
6.Five Force analysis
7.Market Sizing
8.Market segmentation
9.Geographical Landscape
9.1 APAC
9.2 Europe
9.3 North America
9.4 ROW
10.Growth drivers
10.1 Increasing instances of foodborne diseases and outbreaks
10.2 Rising awareness about food safety among consumers
11.Key Market Trends
12.Impact of Covid-19
13.Challenges
14.Customer Insights analysis
15.Major Market Players
15.1 Solvay
15.2 Neogen Corporation
15.3 Evonik Industries
15.4 Ecolab
15.5 BASF
15.6 Aqua Bond
15.7 Kersia Group
15.8 CCL Pentasol
15.9 Sanosil
16.Recent Developments
17.Future Scope
18.Strategic Recommendations
Market Overview
The global food and beverage disinfection market is expected to grow to $18.30 billion by 2025.
Growth momentum is expected to accelerate during the forecast period with a 5.20% CAGR.
The market is driven by factors such as rising awareness about food safety, increased focus on managing food quality as well as increasing consumption of healthy foods.
APAC is dominating the market due to the higher uptake of disinfection equipment for ensuring food safety
Key Trends
Enhancing the shelf-life and packaging of the processed food is anticipated to propel the demand for the market in the coming years.
In recent times, there is a significant investment in research and development activities which is expected to create lucrative opportunities in the near future.
Key Market Players
Some of the key players in the market are Solvay, Neogen Corporation, Evonik Industries, Ecolab, BASF, Aqua Bond.
The industry participants are adopting various strategies such as product launches, product approvals, M&A, improving R&D activities in order to sustain their competitive position in the market.
Growth Drivers and Challenges
Increasing instances of foodborne diseases and outbreaks are driving the market demand.
The rising awareness about food safety among consumers is also contributing to the market growth.
Growing demand for environment-friendly solutions is expected to be another major driving factor for the market.