According to the research report titled ‘Global Non-thermal Processing Market Size study, by Product (Meat & Seafood, Fruits & Vegetables, Beverages, Others) by Technology (HPP, PEF, Ultrasonic, Irradiation, Cold Plasma, Others) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global non-thermal processing market was worth USD 1206 million in 2021 and is anticipated to witness a CAGR of 8% during the forecast period to amass USD 2066.9 million by the year 2028.
As per credible sources, flourishing packaged food vertical, benefits of the process like retention of nutrients and sensory qualities of food, as well as growing awareness about food safety are the major growth determinants for global non-thermal processing market.
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For the unversed, non-thermal processing is a new technology that employ methods other than conventional heating to minimize or get rid of microbes that could be dangerous or lead to spoilages.
However, large capital investment in deploying the technology is expected to restrain industry growth over the stipulated timeframe.
Based on product terrain, the market is branched into beverages, fruits & vegetables, meat & seafood, and others. In terms of technology, worldwide non-thermal processing industry is divided into cold plasma, irradiation, ultrasonic, PEF, HPP, and others.
From the regional point of view, North America non-thermal processing market accounts for a major revenue share at present, owing to rising demand for safe, longer, chilled shelf life of products, as well as new food processing requirements, and favorable food preservation legislation in the region.
Whereas Asia Pacific industry is slated to progress with a healthy CAGR over the analysis timeframe, due to increasing disposable income of individuals, in consort with introduction of new products & technologies, acquisitions, partnerships, and collaborations by the prominent players in the region.
From the competitive frame of reference, Nordion (Canada), Inc., Pulsemaster B.V., Elea GmbH, CHIC FresherTech Co., Ltd., Avure Technologies, Inc., Hiperbaric, Bühler Group, Emerson Electric Co., Robert Bosch GmbH, and Dukane Corporation are the leading players in global non-thermal processing market.