Global Food Irradiation Market Is Expected To Witness High Growth Owing To Rising Demand For Increase The Shelf Life Of Goods

 

Food Irradiation
Food Irradiation

Overview:

Irradiation is a food preservation technique that exposes foods, or their packaging, to very high-energy, invisible light waves. These radiation energy sources can be gamma rays, x-rays, or electron beams. The radiation energy used in food irradiation breaks molecular bonds within the DNA of pathogens and pests, and kills them. It also prevents sprouting or germination, which can increase shelf life of certain fruits and vegetables. The radiation is regulated by health agencies worldwide. Compared to other methods of food preparation, irradiation destroys less disease-causing organisms in perishable foods, such as meat and dairy products.

However, irradiated vegetables must still be kept refrigerated and meat cannot be eaten raw or cooked at high temperatures. Food Irradiation does change the nutrient content of food. Irradiated pork has fewer nutrients than fresh pork, for example, and some vitamins are reduced in eggs. Whereas these changes are so small that they do not affect the average diet.

Market Dynamics:

Growing product approvals are estimated to augment growth of the global food irradiation market during the forecast period. For instance, Irradiations Solutions Inc., was approved as a new operator of essential services by the Philippines Board of Investments in October 2021. This project will help in improving the food irradiation capability of the Philippines by 440 metric tons every year. Moreover, rising cost of food irradiation is anticipated to restrain growth of the global food irradiation market over the forecast period.

Impact of COVID-19:

COVID-19 outbreak was first recognized in China in 2019 and it spread to other nations across the global. The pandemic also hampered many businesses across the world. Several industries had to shut down their operations owing to strict government restrictions. The pandemic also resulted in imposition of strict restrictions by many government in several countries. The global food irradiation market was also impacted by the outbreak of the virus and its growth was hampered. High cost of irradiated foods was also a factor that affected the growth of the market. However, rising use of sterilized foods in medical facilities globally is estimated to augment growth of the market.

Key Takeaways:

 

The global food irradiation market is expected to witness significant growth, exhibiting CAGR of 5.0 % during the forecast period, owing to rising government policies. For instance, Nirmala Sitaraman, the Finance Minister of India declared the establishment of a public-private partnership mode in May 2020, for food preservation.

 

North America is anticipated to witness robust growth in the global food irradiation market during the forecast period, owing to rising acceptance of food irradiation and rising consumer preference.

Key players active in the global food irradiation market are Symec Engineers (India) Pvt. Ltd., Agrosurg Irradiators (India) Pvt. Ltd., Steri-Tek, BENEBION S.A. de C.V., Sterigenics U.S., LLC, Ionisos SA., and ScanTech Sciences, Inc.

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