Food & Beverage Sterilizing Agent Market Size

Food & Beverage Sterilizing Agent Market Size

Global Food & Beverage Sterilizing Agent Market size was estimated over USD 360 million in 2018 and will exhibit growth of over 5.2% up to 2025.

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Flourishing food & beverage industry all over the globe is the major factor stimulating food & beverage sterilizing agent market. Changing consumer lifestyle and buying behavior coupled with growth of experience retailing and growing consumer’s desire to improve their standard of living with a leisure experience is driving the global food market. The trend has been experienced in developed markets like U.S. as well as in developing regions including Asia Pacific and Middle East & Africa. Sterilization is a technique adopted to eliminate or kill any form of life or biological agents like bacteria, virus, fungi etc. in milk and in any food and dairy products. The process is generally executed by filtration, moist heat, irradiation and through other chemical methods by using agents like hydrogen peroxide and peracetic acid in most of the food processing techniques.

Increasing health concerns among consumer and awareness towards using ready to eat meals is the key reason propelling food & beverage sterilizing agent market. Manufacturing companies such as Solvay, Steris, Balchem and many others are adopting sterilizing techniques to increase the life of packed food products which in turn is making the consumers more attracted towards the product

Despite of being used in ample number of food processing applications, food & beverage sterilizing agent market can experience a setback in future due to strict government regulations in food industry along with negative health impacts of consuming hydrogen peroxide might lead to vomiting, pain, irritation in skin, gastric distension etc