Food Irradiation Service Market Size, Share, Growth, and Industry Analysis by Type (Electron Beam Radiation, Gamma Radiation & X-Ray Radiation), By Application (Fruits and Vegetables, Spices, Grain Foods, Meat and Poultry), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

Food Irradiation Service Market REPORT OVERVIEW

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The global food irradiation service market size was USD 246 million in 2022 and market is projected to touch USD 350.6 million by 2031, exhibiting a CAGR of 4.0% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the food irradiation service industry experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

A procedure known as "food irradiation service" involves subjecting food products to ionizing radiation in order to achieve specific goals. The procedure involves treating food products with high-energy radiation, such as gamma rays, X-rays, or electron beams. The main goals of food irradiation are to increase food safety, increase shelf life, and reduce contamination and spoiling. Pathogens contained in food, such as bacteria, viruses, and parasites as well as insects and pests, can be successfully eliminated or reduced using the irradiation process. This improves the overall safety of the food supply and lowers the danger of food-borne illnesses.

Additionally, food irradiation can prevent root crops from sprouting, postpone the ripening and ageing processes in fruits and vegetables, and regulate the growth of microorganisms that cause food to decay. As a result, it is possible to lengthen the shelf life of irradiated food products, lowering food waste and enabling longer storage and distribution times. They are often offered by specialized businesses with the required radiation sources and product handling knowledge. To guarantee that the irradiation procedure is carried out properly and that the irradiated food is safe for ingestion, these facilities adhere to stringent regulatory rules and safety protocols.

COVID-19 Impact: Industry Shutdown Causes Market Distortion

The COVID-19 outbreak caused problems for manufacturers of services materials, including unstable markets, a drop in customer confidence, and difficulties with import and export commerce. The sourcing of raw materials, packaging, and distribution are all parts of the global supply chain. Due to lockdowns, moving commodities, labels, and other items has become difficult. In addition to having an immediate influence on markets, supply chains, supply and demand, and all of these other things, it also had a financial impact on the markets for services. The pandemic altered the dynamics of the industry, compelling organizations to redesign every aspect of their operational frameworks in order to preserve stability amidst the disturbances. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall services industry. This has partially impacted the food irradiation service market.

LATEST TRENDS

"Food Safety to Boost the Market Growth"

The growing demand for food safety is a significant trend driving the food irradiation service. Food safety is a growing concern for consumers, and they are actively looking for guarantees that their food is safe and free of pollutants and hazardous viruses. The need for technology that can improve food safety, such food irradiation, has surged as a result of this raised awareness. When it comes to food safety, food irradiation has a number of advantages. Foodborne infections can be prevented by efficiently removing or decreasing pathogens like bacteria, viruses, and parasites from the food. The irradiation procedure also aids in limiting the development of bacteria responsible for food degradation, hence prolonging the shelf life of the treated food. The need for food irradiation is also influenced by rules and standards for food safety that have been set by governments and international organizations. This will enhance the market sales. Thus, during the forecast period, the aforementioned factors are anticipated to fuel market growth. The global market will benefit from these factors. Thus, a key trend that is opening up potential for the industry to grow is increasing demand for food safety. These new developments are mostly to blame for the market's overall growth.

Food Irradiation Service Market SEGMENTATION

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• By Types 

Based on type, the market is classified into Electron Beam Radiation, Gamma Radiation & X-Ray Radiation.

• By Application

Based on the market is categorized into Fruits and Vegetables, Spices, Grain Foods, Meat and Poultry.

DRIVING FACTORS

"Extended Shelf Life that Gives the Market Extra Boost"

Extended shelf life and reduced food waste are significant benefits driving the food irradiation service industry. Food irradiation is an effective way to stop the growth of bacteria, mold, and yeast that cause spoiling. Irradiation contributes to extending the shelf life of food products by lowering or eliminating these microorganisms. This helps perishable foods like fruits, vegetables, meats, and seafood stay fresh and safe for longer periods of time, which is very advantageous. Food producers, distributors, and retailers can increase revenue by reducing product losses from spoiling thanks to extended shelf life. The public's health is significantly dangerous from hazardous bacteria that cause foodborne diseases. These pathogens, which include bacteria, viruses, and parasites, can be efficiently eliminated or rendered inactive using food irradiation, which lowers the risk of contracting foodborne illnesses. Irradiation helps to decrease recalls and illnesses brought on by contaminated food by providing safer food items. These elements support market growth. As a result, the growth, and the extended shelf life will boost the industry. It will contribute to the expansion of the services industry and it will improve the food irradiation service market growth.

"Consumer Demand to Encourage Market Expansion"

Consumer demand plays a significant role in driving the food irradiation service industry. Consumers' concerns about the safety of the food they eat are growing. Foodborne infections and product recalls have increased public awareness of the dangers of tainted food. Customers are looking for guarantees that their food is free of dangerous diseases and pollutants as a result. The elimination or reduction of infections using food irradiation is acknowledged as a safe and efficient technology, answering consumer concerns about food safety. Additionally, consumers want fresh and high-quality food products. Food irradiation can help perishable food items last longer by preventing the growth of bacteria that cause deterioration. This implies that irradiated food products can maintain their freshness for a longer period of time, decreasing the risk of early deterioration. As a result, consumers can take advantage of fresh food goods that last longer, increasing their general contentment. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.

RESTRAINING FACTORS

"High Cost to Impede Market Expansion"

Cost considerations are the barrier to the market expansion. When compared to other food preservation techniques, the cost of implementing these services can be rather expensive. Costs may go up due to the requirement for specialized equipment, energy use, and adherence to legal requirements. As a result, adopting irradiation as a preservation technique may be financially difficult for some food manufacturers and suppliers, particularly for goods with slim profit margins. This factor is impeding market expansion. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

Food Irradiation Service Market REGIONAL INSIGHTS

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"North America Dominating the Market Across the Globe"

The market for food irradiation service is in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the food irradiation service market share is the growing demand of products in fruits and vegetables, spices, grain foods, meat and poultry industry is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

• Gray Star (U.S.)
• Steris (U.K.)
• SureBeam (U.S.)
• Nordion (Canada)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost food irradiation service industry share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.