Food & Beverage Disinfection Market: Key Growth Areas & Revenue Impact Strate

1. Food & Beverage Disinfection Market: Key Growth Areas & Revenue Impact Strategies The food & beverage disinfection market is estimated at USD 148.9 million in 2018, and is projected to reach a value of USD 178.2 million by 2023, growing at a CAGR of 3.7%. The market is segmented on the basis of type, end use, application areas, and region. The types of food & beverage disinfection include chemicals and technologies. Chemical disinfectants include chlorine compounds, hydrogen peroxide & peracetic acid, quaternary ammonium compounds, and alcohols. Technology in terms of disinfection equipment includes UV radiation and ozonation. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101417056 The market has been segmented on the basis of end use into the food industry and the beverage industry. The market has been also segmented on the basis of application areas into food surface, food packaging, and food processing equipment. On the basis of key regions, the food & beverage disinfection market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). The food & beverage disinfection market is driven by factors such as growing instances of outbreaks of foodborne diseases, technological advancements in food & beverage disinfection means, growth in awareness about food safety among consumers, and increase in demand for the non-thermal process of disinfection. On the basis of end use, the food industry segment is projected to grow at the higher CAGR from 2018 to 2023, owing to the requirement of utmost quality maintenance in manufacturing units, which is facilitated by routine disinfection of food contact surfaces and packaging materials. Frequent food handling and susceptibility to cross-contamination during production are driving the demand for disinfection of food segment. Based on type, the use of quaternary ammonium compounds, among chemicals, are projected to grow at the highest CAGR from 2018 to 2023. Quaternary ammonium compounds are widely used disinfectants in the food industry and are effective against a wide range of microorganisms such as L. monocytogenes and vegetative bacteria, but not against spores. They are used directly on food surfaces (for instance, fruits & vegetables) and also used on food contact surfaces such as food processing equipment. The popularity of quaternary ammonium compounds in the food industry can be attributed to their lower toxicity and non-corrosive, non- tainting, and cost-effective nature. These factors are contributing to the demand for the quaternary ammonium compounds in the food & beverage disinfection market. Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=101417056 The Asia Pacific region is projected to be the fastest-growing market for food & beverage disinfection from 2018 to 2023. The increase in urbanization, rise in purchasing power, change in consumer preference for high- quality packaged food products, and awareness about food quality and safety provide promising prospects for growth in the region’s food safety sector. Also, strengthening of food safety standards by the Chinese government, due to several foodborne outbreaks in the past, are to offer opportunities for the growth of the food & beverage disinfection market.