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Pasteurizers and Sterilizers Market Trends

Report ID: GMI12647
Published Date: Dec 2024
Report Format: PDF

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Pasteurizers and Sterilizers Market Trends

Worldwide, food safety and hygiene standards are gaining heightened attention. Regulatory authorities, including the FDA and the European Food Safety Authority, impose stringent guidelines on sterilization and pasteurization to safeguard food products. Consequently, this trend drives the food & beverage industry's increasing demand for sophisticated pasteurizers and sterilizers.

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for pasteurizers and sterilizers was reached USD 18.4 billion in 2023 and is projected to grow at a 3.1% CAGR from 2024 to 2032, driven by increasing demand for processed food and beverages.

The sterilizers segment generated USD 12.5 billion in revenue in 2023 and is expected to grow at a 3.1% CAGR through 2032, as sterilization ensures product safety and extends shelf life.

The food & beverage segment held a 48% share of the pasteurizers and sterilizers market in 2023 and is anticipated to grow at a 3.3% CAGR from 2024 to 2032, supported by advancements in technologies like HTST pasteurization.

The U.S. pasteurizers and sterilizers market size exceeded USD 3.8 billion in 2023 and is expected to grow at a 3.2% CAGR from 2024 to 2032, led by stringent food safety regulations enforced by agencies like the FDA and USDA.

Key players in the industry include Alfa Laval AB, Belimed AG (Metall Zug Group), Cantel Medical, Fortive Corporation (Advanced Sterilization Products), GEA Group AG, Getinge AB, INOXPA, JBT Corporation, Krones AG, Lyco Manufacturing, Matachana Group, Mitsubishi Heavy Industries, Ltd., SPX FLOW Inc., Tetra Pak International S.A., and TSO3 (Stryker Corporation).