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Food & Beverage Sterilizing Agent Market Share

  • Report ID: GMI3226
  • Published Date: Apr 2019
  • Report Format: PDF

Food & Beverage Sterilizing Agent Market Share

Food & beverage sterilizing agent market is fragmented as major sterilant in food industry are hydrogen peroxide and peracetic acid based which are manufactured by ample number of companies. Some of the major market players in this industry are

  • Solvay
  • Steris
  • Peroxy Chem
  • Evonik Industries
  • Mitsubishi gas 
  • Arkema
  • OCI Company Ltd.
  • Hansol Chemical
  • Taekwang Industry Co, Ltd

Companies are adopting various strategies to increase their revenue and to capture a greater market segment. for instance, Evonik introduces a new disinfectant active Hyprox AS which is containing hydrogen peroxide to be used in many applications including sterilization and in water treatment applications.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global industry share of food & beverages color fixing agents had attained more than USD 2.4 billion in 2020 and will observe a 4.9% CAGR up to 2027.

The sodium nitrite product segment was responsible for over 45% of the industry share in 2020 and could record a 4.7% CAGR through 2027 owing to higher penetration in the meat business.

The food & beverages color fixing agents market share from the meat application segment could exceed USD 1.1 billion by 2027 driven by the higher rate of meat production and consumption.

Demand for food & beverages color fixing agents in the APAC region is slated to strike a CAGR of 5.2% through 2027 due to the booming population base, mainly in India and China.

Food & Beverage Sterilizing Agent Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 15
  • Tables & Figures: 235
  • Countries covered: 21
  • Pages: 142
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