Global Food and Beverage Sterilizing Agents Market, By Product (Hydrogen Peroxide, Peracetic Acid), Application (Cereals and Pulses, Meat and Poultry, Beverages, Dried Fruits and Vegetables, Dairy Ingredients), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Food and Beverage Sterilizing Agents Market
Food and beverage sterilizing agents market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 679.09 million by 2028 and grow at a CAGR of 5.15% in the above-mentioned forecast period. Increase in the focus on ensuring safety of food and beverages from various authorities in the different regions as an essential factor driving the food and beverage sterilizing agents market.
Food and beverage sterilizing agents are the type of chemicals which are designed chemicals for the disinfectant and sterilization processes in food and beverages applications. These chemicals are basically used for the removal of any harmful microorganisms, infection causing germs or other harmful components that might be prevalent in food and beverage products, manufacturing equipment in the industry or even packaging products.
Rapid rise in the development and size of food and beverages industry across the globe requiring better quality of systems and products is a vital factor escalating the market growth, also significant rise in the availability of online channels for food and beverages consumption and rise in the focus on better living standards and changes in the lifestyles of consumers are the major factors among others driving the food and beverage sterilizing agents market. Moreover, rise in the research and development activities and increase in the modernization and technological advancements in production techniques will further create new opportunities for the food and beverage sterilizing agents market in the forecast period of 2021- 2028.
However, rise in the presence of strict regulations and compliances regarding the usage of chemicals and associated components in the industry and increase in the concerns regarding the negative impact of certain chemicals on health of individuals as the major factors among others acting as restraints, and will further challenge the food and beverage sterilizing agents market in the forecast period.
Food and beverage sterilizing agents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food and beverage sterilizing agents market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Food and Beverage Sterilizing Agents Market Scope and Market Size
Food and beverage sterilizing agents market is segmented on the basis of product and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of product, food and beverage sterilizing agents market is segmented into hydrogen peroxide and peracetic acid.
- The food and beverage sterilizing agents market is also segmented on the basis of application into cereals and pulses, meat and poultry, beverages, dried fruits and vegetables and dairy ingredients.
Food and Beverage Sterilizing Agents Market Country Level Analysis
Food and beverage sterilizing agents market is analysed and market size insights and trends are provided by country, product and application as referenced above.
The countries covered in food and beverage sterilizing agents market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
North America dominates the food and beverage sterilizing agents market due to rise in the consumption of ready to eat food, rise in the availability of online channels for food and beverages consumption and rise in the focus on better living standards and changes in the lifestyles of consumers in this region. Europe is the second largest region in terms of growth in food and beverage sterilizing agents market due to rise in the focus on better living standards and changes in the lifestyles of consumers in this region.
The country section of the food and beverage sterilizing agents market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Food and Beverage Sterilizing Agents Market Share Analysis
Food and beverage sterilizing agents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food and beverage sterilizing agents market.
The major players covered in the food and beverage sterilizing agents market report are STERIS; Solvay; Evonik Industries AG; MITSUBISHI GAS CHEMICAL COMPANY, INC.; OCI COMPANY Ltd.; HANSOLCHEMICAL; Arkema; LANXESS; TAEKWANG INDUSTRIAL CO., LTD.; PeroxyChem; Nouryon; Aditya Birla Chemicals; National Peroxide Ltd; Lenntech B.V.; FINKTEC GmbH and Trojan Technologies Group ULC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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