Food irradiation is a process that uses ionizing radiation like gamma rays, x-rays or electron beams to kill harmful pathogens and extend the shelf-life of various agricultural and food products. It helps eliminate microorganisms like salmonella, e-coli, listeria etc thereby making food safer for consumption without compromising on its taste or nutritional value. The global food supply chains have led to longer distribution times and increased chance of contamination. Therefore, food irradiation provides a non-thermal disinfection method to address this issue. The other advantages include killing insects in wheat, delaying ripening of fruits like mangoes and elimination of weed seeds in grains.

The Global Food Irradiation Market is estimated to be valued at US$ 745.5 million in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2024-2031.

Key Takeaways
Key players operating in the Food Irradiation market are Sterigenics International LLC, IBA, WASIK ASSOCIATES, Jiangsu Dasheng Electron Accelerator and Nordion.

The growing demand for longer shelf-life and safer food coupled with implementation of stringent food safety regulations across various countries are major factors fueling the growth of global food irradiation market. As per WHO, over 200,000 people die every year from foodborne diseases indicating the need for reliable techniques like irradiation.

Geographically, North America dominates the global Food Irradiation Market Size followed by Europe and Asia Pacific. However, Asia Pacific market is projected to witness the highest growth during the forecast period owing to growing awareness, emerging economies and increasing domestic consumption of food.

Market key trends
One of the key trends gaining traction in the food irradiation market is the growing acceptability among consumers regarding food safety. Several consumer surveys have shown increasing confidence in irradiation as a food preservation technique when proper communication is provided about its process and benefits. Government initiatives and endorsement by international organizations have also helped address the misconceptions around the technology. The market players are actively working towards enhancing the irradiation capacities and capabilities to leverage this growth opportunity. They are developing new irradiation systems that can treat packaged products and enable automated high volume processing. This is expected to further aid commercialization and large scale adoption of food irradiation globally.

Porter’s Analysis
Threat of new entrants: High capital requirement and regulatory compliances creates entry barrier for new players.
Bargaining power of buyers: Large buyers exert pressure on pricing due to bulk buying whereas small buyers have limited bargaining power.
Bargaining power of suppliers: Few key players control supply chain that limits options for buyers.
Threat of new substitutes: No close substitute exists but alternative preservation methods pose potential threat.
Competitive rivalry: Established players compete on technologies, services and geographic expansion to gain higher market share.

Geographical Regions
North America dominates the food irradiation market currently, both in terms of value and volume. Steady demand from food industries like meat and spices significantly contributes to market concentration in the region. Adoption of food irradiation is comparatively higher in developed countries which drives the regional market.

Asia Pacific exhibits fastest growth rate owing to rising population, increasing food trade and growing food safety concerns. Rapid industrialization and economic development of nations like China and India boosts regional food production and processing industries thereby supplementing market expansion. Rising awareness about food preservation technologies and government support for irradiation facilitates growth in the Asia Pacific food irradiation market.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)