Food and Beverage Disinfection Market Growth Spurred by Spike in Demand for Clean-Label Foods: Future Market Insights
Key players are entering non-traditional markets across Latin America & Middle East, due to increasing cases of food-ingested infections, therefore extending expansion prospects.
DUBAI, UAE / ACCESSWIRE / November 26, 2020 / Future Market Insights:According to a recent study published by FMI, the global food & beverage disinfection market is projected to record a moderate to steady growth pace over the forecast period 2020-2030. The key aspect driving the market growth is increasing concern for offering clean label foods particularly amid the possibility of the COVID-19 virus transmission via unclean food packets.
"Governments across nations have reinforced legal restrictions concerning food distribution and processing to ascertain that proper edible and quality food is available to all sections of the society. This has prompted widening of market scope for food and beverage disinfectants." comments the FMI analyst.
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Food and Beverage Disinfection Market - Key Highlights
- Asia-Pacific is anticipated to reflect swift growth as compared to other regions in the approaching forecast decade.
- Chlorine compounds chemical segment will remain the most extensively utilized food & beverage disinfectant.
- Food end-use industries to remain the leading category throughout the forecast period.
- Food processing equipment is anticipated to reflect lucrative growth in the global market.
Food and Beverage Disinfection Market - Drivers
- Mounting demand for clean & processed foods to propel market growth.
- Stringent legal restrictions by governments across nations concerning food distribution and processing are supporting market growth.
Food and Beverage Disinfection Market - Restraints
- Growing demand for maintaining proper process control and minimally processed food products to limit market growth.
- Absence of skilled individuals to operate the equipment may constrain the growth of the market in the approaching years.
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COVID-19 Impact on the Market
The COVID-19 outbreak has steered the market growth into a minor deceleration for the short run. This is mainly due to limitations on the transportation of essential chemicals amid geographies. However, the market demand has foreseen a drastic surge, catalyzed by the rising trend of consuming clean-label food products to prevent the infection from entering the consumers' bodies. Manufacturers are thus escalating their disinfection sessions to satiate the impaling demand.
Competitive Landscape
The global food & beverage disinfection market is led by the following companies: CCL Pentasol, Advanced UV Inc., Evonik Industries AG, Stepan Company, Solvay SA, Entaco NV, Halma PLC, Fink Tec GmbH, Trojan Technologies, Xylem Inc., Suez, Entaco N.V. and Evoqua Water Technologies. As these companies have a significant presence in the global landscape, to consolidate their existence, these companies have invested in extending their product lines by launching industry-specific product customizations, collaborations with agencies or competing players and r&d.
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About the Study
The study offers readers a comprehensive assessment of the Food and Beverage Disinfection market. Global, regional and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights on the basis of product type (chemicals & technology), application (food surface, food packaging & food processing equipment) and end use (food industry & beverages), across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
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About Future Market Insights
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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