Global Food & Beverage Sterilizing Agent Market size estimated over USD 350 million in 2018 and will exhibit growth of over 7% up to 2027.
Competitive 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 etc. Arkema, OCI Company Ltd., Hansol Chemical, Taekwang Industry Co, Ltd.etc.
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.
The main objective of this report is to define, describe, and forecast the global food & beverage sterilizing agent market on the basis of types of applications, major sectors, deployment models, organization size, and regions. This report mainly introduces volume and value market share by segments and also their price change details. The analysis includes the market by value, by segments, by application, by manufacturers and by region. The market size and forecast in terms of US$ Mn for each segment has been provided for the period from 2019 to 2027. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2019 to 2027, considering 2018 as the base year. All market data presented in revenues, shipments and installed base, along with average pricing data.
The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report also offers insightful and detailed information regarding the various key players operating in the global market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.
The report forecasts the market size, in terms of value, for various segments with regard to four main regions—North America, Europe, APAC, and RoW. It strategically profiles key players and comprehensively analyzes their market rankings and core competencies, along with detailing the competitive landscape for the market leaders.
The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. The report analyze detailed profiles of 20+ innovative and leading vendors, with information on products and services, target markets, strategy, SWOT analysis, key relationships and capital funding.
The research methodology used to estimate and forecast the market begins with capturing data on key vendor’s revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub-segments.
Product Outlook (Revenue: USD Million, 2019 - 2027)
Application Outlook (Revenue: USD Million, 2019 - 2027)
Cereals & Pulses
Meat & Poultry
Dried fruits & Vegetables
Regional Outlook (Revenue: USD Million, 2019 - 2027)
Central & South America
Middle East & Africa
Key questions addressed by the report
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