Singapore markets close in 7 hours 53 minutes
  • Straits Times Index

    3,174.87
    +21.73 (+0.69%)
     
  • Nikkei

    29,417.68
    -23.62 (-0.08%)
     
  • Hang Seng

    28,638.53
    -203.60 (-0.71%)
     
  • FTSE 100

    7,172.48
    +25.80 (+0.36%)
     
  • BTC-USD

    39,719.77
    -657.95 (-1.63%)
     
  • CMC Crypto 200

    986.55
    -24.06 (-2.38%)
     
  • S&P 500

    4,246.59
    -8.56 (-0.20%)
     
  • Dow

    34,299.33
    -94.42 (-0.27%)
     
  • Nasdaq

    14,072.86
    -101.29 (-0.71%)
     
  • Gold

    1,856.60
    +0.20 (+0.01%)
     
  • Crude Oil

    72.53
    +0.41 (+0.57%)
     
  • 10-Yr Bond

    1.4990
    -0.0020 (-0.13%)
     
  • FTSE Bursa Malaysia

    1,581.37
    -1.09 (-0.07%)
     
  • Jakarta Composite Index

    6,089.04
    +8.65 (+0.14%)
     
  • PSE Index

    6,976.73
    +59.24 (+0.86%)
     

Global Food Irradiation Trends Market to Reach $307.4 Million by 2027 - ResearchAndMarkets.com

·3-min read

DUBLIN, Jun 11, 2021--(BUSINESS WIRE)--The "Food Irradiation Trends - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Food Irradiation Trends estimated at US$223.8 Million in the year 2020, is projected to reach a revised size of US$307.4 Million by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. Gamma Radiation, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$178.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the X-Ray Radiation segment is readjusted to a revised 4.4% CAGR for the next 7-year period.

The Food Irradiation Trends market in the U.S. is estimated at US$65.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$54.5 Million by the year 2027 trailing a CAGR of 4.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

In the global Electron Beam Radiation segment, USA, Canada, Japan, China and Europe will drive the 4.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$30.7 Million in the year 2020 will reach a projected size of US$41.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$34.3 Million by the year 2027.

Select Competitors (Total 18 Featured):

  • Food Technology Service, Inc.

  • GrayStar, Inc.

  • Nordion (Canada), Inc.

  • Sadex Corporation

  • Scantech Sciences, Inc.

  • Tecleor LLC

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/7zyyr5

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210611005209/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900