Food & Agriculture Trends

Food Sterilization Equipment Market was valued at USD 637.2 million in 2017 and is projected to grow at a CAGR of 6.3% from 2018 and reach USD 922.7 million by 2023. The base year considered for the study is 2017 and the forecast period considered is from 2018 to 2023.  Download PDF Brochure By application, the spices, seasonings, and herbs segment to lead the food sterilization equipment market from 2018 to 2023 The spices, seasonings and herbs segment dominated the market based on application in 2018. As they are used in most of the cuisines worldwide, leading manufacturers are focusing on adopting improved sterilization processes to offer high-quality food products containing spices, herbs, or seasonings. These factors are projected to escalate the demand for the food sterilization equipment for spices, seasoning, and herbs. Radiation segment projected to grow at the highest CAGR, by technology, from 2018 to 2023 Radiation minimizes the presence of pathogens in the food product...

The food sterilization equipment market is projected to reach USD 922.7 million by 2023, at a CAGR of 6.3% from 2018.  Rising application of sterilization technology in food & beverage industry, increasing instances of foodborne diseases, and growing safety concerns related to food hygiene and contamination are the major factors fueling the demand for food sterilization equipment across the globe.  Download PDF Brochure The dried fruits & nuts segment is projected to grow at the highest CAGR from 2018 to 2023. Dried fruits and nuts are consumed as a snack and are used as ingredients in various confectionery and bakery products. Insects, mites, and microbes can spoil dried fruits and nuts, and degrade its quality. To maintain the quality of the dried fruits and nuts, manufacturers are focusing on opting for food sterilization equipment. These factors are projected to drive the growth of the market in this segment. The radiation segment of the food sterilization equipme...