The growth in the food irradiation market is driven by several factors, including increasing consumer demand for food safety and longer shelf lives. As global supply chains become more complex and food products travel longer distances, the need for effective preservation methods that do not rely on chemical additives is becoming more acute. Regulatory support for food irradiation is also expanding as its benefits become more widely recognized, with more countries approving the technology for various food items.
Furthermore, the rise in incidences of foodborne illnesses globally is prompting food processors and retailers to adopt more rigorous safety measures, including irradiation. Technological innovations that lower the costs and improve the safety and effectiveness of food irradiation systems are making this technology more accessible and appealing to food producers and processors worldwide.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Gamma Radiation segment, which is expected to reach US$175.8 Million by 2030 with a CAGR of a 3.7%. The X-Ray Radiation segment is also set to grow at 4.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $74.8 Million in 2023, and China, forecasted to grow at an impressive 4.6% CAGR to reach $160.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Food Irradiation Trends Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Food Irradiation Trends Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Food Irradiation Trends Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Eurofins Scientific SE, Gray*Star, Inc., Sterigenics U.S., LLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 27 Featured):
- Eurofins Scientific SE
- Gray*Star, Inc.
- Sterigenics U.S., LLC
- Scantech Sciences, Inc.
- Ionisos
Table of Contents
Companies Mentioned
- Eurofins Scientific SE
- Gray*Star, Inc.
- Sterigenics U.S., LLC
- Scantech Sciences, Inc.
- Ionisos
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 196 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 262.7 Million |
Forecasted Market Value ( USD | $ 345.3 Million |
Compound Annual Growth Rate | 4.0% |
Regions Covered | Global |
No. of Companies Mentioned | 5 |