Non-thermal processing market for food worth 1,224.2 Million USD by 2022
The market is estimated to be valued at USD 818.6 Million in 2017 and is projected to reach USD 1,224.2 Million by 2022…
The market is estimated to be valued at USD 818.6 Million in 2017 and is projected to reach USD 1,224.2 Million by 2022, at a CAGR of 8.4 % from 2017.
Some of the major players in the market includes:
- Bosch (Germany)
- Elea Technology (Germany)
- Pulsemaster (Netherlands)
- Bühler (Switzerland)
- Hiperbaric España (Spain)
- Nordion (Canada)
- Avure Technologies (US)
- Emerson (US)
- CHIC FresherTech (US)
- Gray*Star (US)
- Dukane (US)
- Symbios Technologies (US)
By technology, HPP segment to lead the non-thermal processing market from 2017 to 2022
The HPP segment is projected to grow at the highest CAGR among all non-thermal processing technologies from 2017 to 2022. The HPP technology preserves the freshness of food products as well as aids in extending their shelf life. This technology also accommodates the current consumer demand for natural, fresh, and minimally processed foods, as no preservatives or additives are added to the products. These factors are driving the market for HPP technology in non-thermal processing.
Microbial inactivation segment projected to grow at the highest CAGR, by function, from 2017 to 2022
Microbial inactivation helps to extend the shelf life of food products and is one of the widely used functions of the non-thermal processing technology. Among all, irradiation is an effective non-thermal technology used for microbial inactivation. High frequency radiation treatment utilized in this technology leads to the disintegration of the cells of microorganisms.
North America is projected to be the fastest-growing region during the forecast period
The food industry in North America employs non-thermal technology to reduce the presence of pathogens, maintain the nutrition in food products, and ensure the safety of food products. The market for non-thermally processed food & beverage products in North America is being driven by the demand for health and wellness products as well. Major players are investing in R&D to develop innovative functional products which can be achieved by using novel technologies such as non-thermal processing. The economic downturn has changed consumer behavior significantly, compelling companies to lower prices to drive sales volumes.
Increase in demand for alternative food surface treatment technologies, increase in focus of companies on providing innovative and novel techniques, and growth of the functional foods industry are the major factors driving the growth of the North American non-thermal processing market for cold plasma technology.
Download PDF brochure: www.marketsandmarkets.com