Asia Pacific is Projected to Witness the Fastest Growth in the Food Sterilization Equipment Market

Posted on 2021-04-30 by MarketsandMarkets in Food & Beverage // 0 Comments

The food sterilization equipment market is projected to reach USD 922.7 million by 2023, at a CAGR of 6.3% from 2018. This market is mainly being driven by rising instances of foodborne diseases and growing awareness about food safety among consumers. Factors such as increasing consumption of sterilized food products in the emerging markets of the Asia Pacific and Europe are also projected to drive the growth of the food sterilization equipment market.

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Asia Pacific is projected to witness the fastest growth in the market during the forecast period. The rising incidences of foodborne illness are mainly due to the presence of allergens and pathogens and mislabeling of food products, which leads to the contamination of food products from plastic, glass, and metal parts. These factors are projected to drive the food sterilization equipment market in various developing countries of the region.

Manufacturers in the region are focusing on utilizing various sterilization technologies for packaging food products. Upcoming sterilization technologies such as aseptic packaging are being used by several food manufacturers due to its fast and easy process.

In addition, leading technology solutions enable the manufacturers to offer better quality products, save production energy, and prevent the deformation of the packaged food product. The key market players in developing countries such as India and China are utilizing various sterilization processes to cater to the growing demand for packaged and processed food products.

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Key players such as JBT Corporation (US), Buhler (Switzerland), De Lama (Italy), Hisaka (Japan), and Systec (Germany) have been actively strategizing their growth plans to expand in the food sterilization equipment market. These companies have a strong presence in Europe, North America, and Japan. In addition, these companies have manufacturing facilities across these regions with a strong distribution network.

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