Home Radiation Valued at $276.7 Million by 2026, Food Irradiation Trends Expected to See Robust Growth Worldwide

Valued at $276.7 Million by 2026, Food Irradiation Trends Expected to See Robust Growth Worldwide

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SAN FRANCISCO, February 24, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Trends in Food Irradiation – Global Market Trajectory and Analysis”. The report presents new insights into the opportunities and challenges in a significantly transformed post COVID-19 market.

Food Irradiation Trends – February 2022 Report

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Editing: 21; Published: February 2022
Executive Pool: 493
Companies: 27 – Players covered include Food Technology Service, Inc.; GrayStar, Inc.; Northon (Canada), Inc.; Sadex Company; Scantech Sciences, Inc.; Tecleor LLC and others.
Blanket: All major geographies and key segments
segments: Source (Gamma Radiation, X-Ray, Electron Beam Radiation)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.

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ABSTRACT-

Global Food Irradiation Trends Market To Be Achieved US$276.7 million by 2026
The food irradiation process eliminates microorganisms and bacteria that cause food poisoning and other illnesses. Food irradiation uses X-rays, gamma rays or electron beams to destroy bacteria without affecting the products. Superior food quality and safety could be assured by using irradiation in conjunction with standard food safety procedures such as washing, packaging, chemical or heat treatments, and freezing or refrigeration. The growing propensity for food irradiation owing to high acceptance by modern consumers is one of the major drivers for the growth of the global market. Increased consumer awareness for foodborne disease prevention is another driver that is expected to boost the market growth. Another major growth-promoting factor is the benefits offered by food irradiation technology, including elimination of pathogenic microorganisms, increased shelf life, minimal use of chemical disinfestation, decontamination and process safety. The level of acceptance of irradiated foods varies depending on the type of products that are allowed to be irradiated in different regions of the world. The most commonly irradiated food products in the world are spices, herbs and dry seasonings.

Amid COVID-19 Crisis, Global Food Irradiation Trends Market Estimated at US$238.9 million in 2022, is expected to reach a revised size of US$276.7 million by 2026, growing at a CAGR of 3.8% over the analysis period. Gamma radiation, one of the segments analyzed in the report, is expected to grow at a CAGR of 3.5% to reach US$145.8 million at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, X-ray segment growth is readjusted at a revised CAGR of 4% for the next 7-year period. This segment currently accounts for a 27.8% share of the global Food Irradiation Trends market. X-rays for food sterilization applications are generated by electron beam accelerators by the collision of high energy electrons with high atomic number atoms like tungsten and tantalum. X-rays have a higher penetrating ability than electron beams and gamma rays for food sterilization applications.

Enormous research has been conducted over the past decades that has validated the use of food irradiation at varying exposure doses for different applications such as processing spices or inhibiting sprouting of potatoes. soil, decontamination of pathogens or disinfestation of insects to ensure food safety. Research has repeatedly proven that proper food irradiation does not adversely impact food safety and quality, and helps produce shelf stable meats and shelf stable multi-component foods. Indeed, there is much more comprehensive research data for the use of ionizing radiation as a food preservation technique than for any other method of food preservation. Some solid research data is available that suggests that foods exposed to radiation doses above 10 kGy (Kilogray) are healthy and safe; treating food with appropriate doses of irradiation can produce the desired technological effect in the form of pathogen removal or insect disinfestation. Research also shows high dose irradiation (between 25 and 44 kGy) to render food sterile, which is much needed for patient segments with compromised immune systems. In addition, this technique is mainly used to sterilize food intended for consumption by astronauts.

The US market is estimated at $72.3 million in 2022, when China is expected to reach $132.8 million by 2026
Food Irradiation Trends Market in the United States is estimated at US$72.3 million in 2022. The country currently accounts for a 30.5% share of the global market. Chinaworld’s second largest economy, is expected to reach an estimated market size of US$132.8 million in 2026 with a CAGR of 4.5% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 2.6% and 3.4% respectively over the analysis period. In Europe, Germany is expected to grow at around 1.9% CAGR while the rest of the European market (as defined in the study) will reach US$138.1 million at the end of the analysis period. Asia Pacific The region is leading the market, driven by factors such as growing consumer acceptance and government regulations on the consumption of irradiated foods in many countries in the region. The growth of the North American market is driven by growing consumer awareness of the importance of food irradiation and increasing adoption of emerging technologies in the region.

Electron beam radiation segment to reach $57.2 million by 2026
Electron beams (electron beams) are high energy electrons that are beamed into food from an electron accelerator. Electron beams lack the penetrating ability of X-rays and gamma rays, which is why their use is limited to processing powders and grains. In the global electron beam radiation segment, United States, Canada, Japan, China and Europe will drive the CAGR of 4% estimated for this segment. These regional markets representing a combined market size of US$38.8 million will reach a projected size of US$52.6 million at the end of the analysis period. China will remain among the most dynamic in this group of regional markets. Led by countries such as Australia, Indiaand South Koreathe market of Asia Pacific should reach US$2.8 million by 2026. Continued

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