The Food and Beverage Sterilizing Agent Market was valued at USD 3.68 billion in 2024 and is projected to reach USD 4.44 billion by 2032, expanding at a CAGR of 2.4% during the forecast period.
REPORT ATTRIBUTE
DETAILS
Historical Period
2020-2023
Base Year
2024
Forecast Period
2025-2032
Food and Beverage Sterilizing Agent Market Size 2024
USD 3.68 Billion
Food and Beverage Sterilizing Agent Market, CAGR
2.4%
Food and Beverage Sterilizing Agent Market Size 2032
USD 4.44 Billion
The top players in the food and beverage sterilizing agent market include Taekwang Industry Co., Ltd., Solvay, Hansol Chemical, Arkema, Mitsubishi Gas, Evonik Industries, Steris, OCI Company Ltd., Peroxy Chem, and BASF SE. These companies strengthen their positions through advanced sterilizing solutions, eco-friendly product development, and compliance with strict global food safety standards. Regionally, North America led with a 34% share in 2024, supported by robust food processing infrastructure and FDA regulations, while Asia-Pacific accounted for 29% share, driven by rapid urbanization and rising packaged food demand. Europe held a 28% share, led by stringent EU directives and strong adoption of sustainable agents, while Latin America and the Middle East & Africa represented 5% and 4% shares, respectively, reflecting emerging but growing adoption.
Access crucial information at unmatched prices!
Request your sample report today & start making informed decisions powered by Credence Research Inc.!
The Food and Beverage Sterilizing Agent market was valued at USD 3.68 billion in 2024 and is projected to reach USD 4.44 billion by 2032, expanding at a CAGR of 2.4% during the forecast period.
Growth is driven by stringent food safety regulations and rising demand for packaged foods, with hydrogen peroxide leading the product segment at 54% share in 2024 due to its versatility and regulatory approval.
Key trends include increasing adoption of eco-friendly and residue-free sterilizing agents, along with the integration of advanced sterilization technologies that improve efficiency and reduce operational costs.
The competitive landscape features players such as Taekwang Industry Co., Ltd., Solvay, Hansol Chemical, Arkema, Mitsubishi Gas, Evonik Industries, Steris, OCI Company Ltd., Peroxy Chem, and BASF SE, focusing on sustainability, product innovation, and market expansion.
Regionally, North America held 34% share, followed by Asia-Pacific at 29% and Europe at 28%, while Latin America and Middle East & Africa accounted for 5% and 4% shares, respectively, reflecting steady but emerging adoption.
Market Segmentation Analysis:
By Product
Hydrogen peroxide dominated the food and beverage sterilizing agent market in 2024, holding a 54% share due to its high effectiveness, broad-spectrum antimicrobial properties, and regulatory approval for use in food contact surfaces. It is widely applied in packaging sterilization, beverage processing, and dairy industries owing to its efficiency and relatively low cost. Peracetic acid followed with rising adoption, especially in meat and poultry applications, as it delivers strong oxidizing properties and leaves no harmful residues. Other agents contribute smaller shares, serving niche requirements. Hydrogen peroxide remains the leading product, supported by versatility and compliance with global safety standards.
For instance, Solvay produces more than 1 million tons of hydrogen peroxide annually across its global plants, with its INTEROX® AG series applied in aseptic packaging lines sterilizing up to 48,000 cartons per hour in dairy beverage facilities.
By Application
The meat and poultry segment led the market in 2024, accounting for a 39% share. Sterilizing agents such as peracetic acid and hydrogen peroxide are critical in maintaining hygiene, reducing microbial contamination, and extending shelf life of meat and poultry products. Rising consumer demand for safe, fresh, and minimally processed meat drives growth in this segment. Strict food safety regulations further enhance adoption of sterilizing agents in processing facilities. Cereals and pulses also contribute significantly, but the meat and poultry sector dominates due to higher contamination risks and stringent hygiene standards.
For instance, Mitsubishi Gas Chemical supplies high-purity hydrogen peroxide, with a significant portion of its production going toward the electronics and food and beverage industries. A food additive-grade hydrogen peroxide is used in sterilizing beverage containers, and the company also produces peracetic acid, which is used for sterilizing poultry, pork, and seafood.
Key Growth Drivers
Stringent Food Safety Regulations
Strict food safety regulations remain a primary driver for the food and beverage sterilizing agent market. Global authorities require sterilization processes to prevent contamination and extend product shelf life. Compliance with standards from FDA, EFSA, and WHO increases the use of hydrogen peroxide and peracetic acid across industries. Rising consumer focus on hygienic, safe, and long-lasting food products further accelerates adoption. This regulatory push ensures sustained demand, especially in processed and packaged food sectors where safety standards are non-negotiable.
For instance, Steris operates over 60 sterilization facilities worldwide, processing a vast number of medical and pharmaceutical products annually in compliance with FDA and international standards.
Rising Demand for Packaged and Processed Foods
Growing demand for packaged and processed foods significantly drives the sterilizing agent market. Urbanization, busy lifestyles, and consumer preference for ready-to-eat products have boosted global consumption of processed foods and beverages. Sterilizing agents play a critical role in preventing microbial spoilage, enhancing shelf life, and maintaining product quality. Manufacturers increasingly rely on effective sterilization to meet large-scale production needs. The rapid expansion of the packaged food industry worldwide underpins consistent growth in sterilizing agent usage.
For instance, Hansol Chemical produces hydrogen peroxide in South Korea, primarily for the semiconductor and display industries, with some supply also going to the paper and textile sectors. It is known for its high-purity hydrogen peroxide used as an etching and cleaning agent in electronics manufacturing.
Expansion of Beverage Industry
The beverage industry’s rapid growth is another major contributor to market expansion. High global demand for soft drinks, juices, and dairy-based beverages necessitates effective sterilization of both equipment and packaging. Hydrogen peroxide and peracetic acid are widely adopted due to their strong antimicrobial properties and residue-free breakdown. Investments in beverage processing technologies further enhance demand. With packaged beverage consumption rising steadily, this industry provides a long-term growth avenue for sterilizing agent manufacturers.
Key Trends & Opportunities
Shift Toward Eco-Friendly Sterilizing Agents
The market is witnessing a growing shift toward sustainable and residue-free sterilizing solutions. Agents like hydrogen peroxide and peracetic acid are gaining popularity because they decompose into harmless byproducts such as water and oxygen. Consumer preference for safe, clean-label foods aligns with this trend, encouraging manufacturers to adopt eco-friendly sterilization methods. Companies focusing on green solutions and innovations in environmentally safe chemicals are well-positioned to capitalize on this opportunity.
For instance, Arkema produces more than 80,000 tons annually of hydrogen peroxide in Europe, marketed under its Oxydes® brand, which decomposes entirely into water and oxygen during sterilization.
Adoption of Advanced Sterilization Technologies
Advanced sterilization systems are transforming market opportunities by improving efficiency and reducing chemical consumption. Automated systems, precise dosing equipment, and integrated monitoring technologies are increasingly used in processing plants. These technologies enhance food safety, reduce costs over time, and align with global modernization efforts in food and beverage industries. Emerging markets investing in modern infrastructure present significant opportunities for companies offering advanced sterilization solutions.
For instance, Tetra Pak delivered 178 billion packages worldwide in fiscal year 2024, with some of its latest E3 filling machines using electron-beam sterilization instead of hydrogen peroxide for enhanced sustainability, while ensuring product safety and extended shelf life.
Key Challenges
High Operational and Maintenance Costs
One of the main restraints is the high cost of sterilizing agents and associated systems. Regular application, monitoring, and equipment maintenance add recurring expenses for manufacturers. This challenge is especially evident in small and mid-scale plants operating in cost-sensitive markets. While large enterprises adopt sterilization systems easily, smaller players may struggle to balance costs with compliance. This remains a limiting factor for broader adoption.
Health and Environmental Concerns
Some sterilizing agents pose risks when misused, creating concerns for both human health and the environment. Overexposure can affect worker safety, while improper disposal may impact ecosystems. These issues have attracted stricter regulations and greater consumer scrutiny. Manufacturers must therefore focus on safety, controlled application, and innovation in cleaner agents to maintain compliance. Addressing these challenges is essential for ensuring trust and sustainable growth in the market.
Regional Analysis
North America
North America held a 34% share of the food and beverage sterilizing agent market in 2024, driven by strict FDA regulations and advanced food processing infrastructure. The United States leads the region, with high adoption of hydrogen peroxide and peracetic acid in beverage packaging and meat processing facilities. Rising demand for packaged foods, coupled with consumer focus on safety and extended shelf life, strengthens growth. Canada also contributes significantly with expanding dairy and beverage sectors. Regulatory compliance and investments in modern sterilization technologies sustain North America’s leadership in the global market.
Europe
Europe accounted for a 28% share of the food and beverage sterilizing agent market in 2024, supported by stringent EU food safety directives and sustainability goals. Countries like Germany, France, and the UK dominate usage, particularly in meat, poultry, and beverage industries. Growing demand for eco-friendly sterilizing agents such as peracetic acid aligns with the region’s green initiatives. Expansion of processed food consumption and premium packaged beverages further supports adoption. With strong regulatory frameworks and advanced food industries, Europe remains a mature yet innovation-focused market for sterilizing agents.
Asia-Pacific
Asia-Pacific captured a 29% share of the food and beverage sterilizing agent market in 2024, making it one of the fastest-growing regions. Rapid urbanization, population growth, and rising disposable incomes in China, India, and Japan are fueling demand for processed foods and beverages. Governments are strengthening food safety standards, encouraging wider adoption of sterilizing agents in cereals, meat, and beverage industries. Increasing consumption of packaged dairy products and ready-to-drink beverages also boosts growth. With large-scale food production facilities and growing consumer awareness, Asia-Pacific is expected to remain a key driver of future market expansion.
Latin America
Latin America held a 5% share of the food and beverage sterilizing agent market in 2024, with Brazil and Mexico leading adoption. Growth is supported by rising demand for packaged foods and beverages, particularly in urban centers. The meat and poultry industry is a significant user of sterilizing agents, as stricter hygiene requirements gain importance. However, limited regulatory enforcement in some countries and cost constraints restrict broader adoption. Despite these challenges, expanding middle-class populations and growing investments in modern food processing facilities are expected to drive steady growth in the region.
Middle East & Africa
The Middle East & Africa region accounted for a 4% share of the food and beverage sterilizing agent market in 2024, driven by expanding food processing industries in Saudi Arabia, the UAE, and South Africa. Rising demand for packaged beverages, dairy products, and cereals supports growth in sterilizing agent adoption. Governments are increasingly focusing on food safety regulations to reduce contamination risks and improve public health standards. However, reliance on imports and high costs remain restraints. With growing urbanization and investments in food processing, the region offers long-term opportunities for market expansion.
Market Segmentations:
By Product
Hydrogen peroxide
Peracetic acid
Others
By Application
Cereals & pulses
Meat & poultry
Beverages
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Competitive Landscape
The competitive landscape of the food and beverage sterilizing agent market is shaped by leading players such as Taekwang Industry Co., Ltd., Solvay, Hansol Chemical, Arkema, Mitsubishi Gas, Evonik Industries, Steris, OCI Company Ltd., Peroxy Chem, and BASF SE. These companies focus on delivering advanced sterilizing solutions such as hydrogen peroxide and peracetic acid that comply with strict food safety regulations. Strategic investments in R&D enable them to enhance efficiency, safety, and eco-friendly properties of their product portfolios. Many players are expanding into high-growth markets in Asia-Pacific and the Middle East, where packaged food demand is rising rapidly. Sustainability initiatives, including the development of residue-free and biodegradable sterilizing agents, are central to their growth strategies. Strong distribution networks, global partnerships, and regulatory compliance ensure competitive advantage. Intense rivalry drives continuous innovation, positioning these companies to capture opportunities across processed food, beverages, dairy, and meat industries worldwide.
Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!
In September 2025, Solvay completed an expansion at its Zhenjiang, China facility to double production capacity of ultra-pure hydrogen peroxide, supporting high-purity uses in electronics and related industries.
In June 2025, Solvay and BASF announced a collaboration to reduce Scope 3 emissions in their hydrogen peroxide supply chain. They shifted sourcing of aluminum chloride for Solvay’s Linne Herten plant to BASF in Germany, achieving over 50% reduction in raw material carbon footprint.
In April 2025, Steris officials remarked they are delaying capacity expansion in EO sterilants until regulatory clarity emerges around EO rules in the U.S.
In November 2024, Steris disclosed it faced ~275 lawsuits alleging that its EtO emissions led to cancer among nearby populations, reflecting increased regulatory and social risk in sterilization operations.
Report Coverage
The research report offers an in-depth analysis based on Product, Application and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook
Demand will remain steady due to stricter global food safety regulations and compliance needs.
Hydrogen peroxide will continue to dominate as the most widely used sterilizing agent.
Peracetic acid will see rising adoption in meat and poultry industries for its strong antimicrobial action.
Eco-friendly and residue-free sterilizing agents will gain importance with sustainability initiatives.
The beverage sector will drive growth through higher demand for sterilized packaging and equipment.
Asia-Pacific will emerge as the fastest-growing region due to urbanization and packaged food demand.
North America and Europe will sustain leadership through advanced infrastructure and regulatory enforcement.
Companies will expand R&D efforts to develop safer and more cost-efficient sterilizing solutions.
Automation and advanced sterilization technologies will improve efficiency and reduce chemical usage.
Growing consumer demand for convenience and processed foods will ensure long-term market growth.
1. Introduction
1.1. Report Description
1.2. Purpose of the Report
1.3. USP & Key Offerings
1.4. Key Benefits for Stakeholders
1.5. Target Audience
1.6. Report Scope
1.7. Regional Scope
2. Scope and Methodology
2.1. Objectives of the Study
2.2. Stakeholders
2.3. Data Sources
2.3.1. Primary Sources
2.3.2. Secondary Sources
2.4. Market Estimation
2.4.1. Bottom-Up Approach
2.4.2. Top-Down Approach
2.5. Forecasting Methodology
3. Executive Summary
4. Introduction
4.1. Overview
4.2. Key Industry Trends
5. Global Food and Beverage Sterilizing Agent Market
5.1. Market Overview
5.2. Market Performance
5.3. Impact of COVID-19
5.4. Market Forecast
8. Market Breakup by Region
8.1. North America
8.1.1. United States
8.1.1.1. Market Trends
8.1.1.2. Market Forecast
8.1.2. Canada
8.1.2.1. Market Trends
8.1.2.2. Market Forecast
8.2. Asia-Pacific
8.2.1. China
8.2.2. Japan
8.2.3. India
8.2.4. South Korea
8.2.5. Australia
8.2.6. Indonesia
8.2.7. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Italy
8.3.5. Spain
8.3.6. Russia
8.3.7. Others
8.4. Latin America
8.4.1. Brazil
8.4.2. Mexico
8.4.3. Others
8.5. Middle East and Africa
8.5.1. Market Trends
8.5.2. Market Breakup by Country
8.5.3. Market Forecast
11. Porter’s Five Forces Analysis
11.1. Overview
11.2. Bargaining Power of Buyers
11.3. Bargaining Power of Suppliers
11.4. Degree of Competition
11.5. Threat of New Entrants
11.6. Threat of Substitutes
12. Price Analysis
13. Competitive Landscape
13.1. Market Structure
13.2. Key Players
13.3. Profiles of Key Players
13.3.1. Taekwang Industry Co., Ltd.
13.3.1.1. Company Overview
13.3.1.2. Product Portfolio
13.3.1.3. Financials
13.3.1.4. SWOT Analysis
13.3.2. Solvay
13.3.2.1. Company Overview
13.3.2.2. Product Portfolio
13.3.2.3. Financials
13.3.2.4. SWOT Analysis
13.3.3. Hansol Chemical
13.3.3.1. Company Overview
13.3.3.2. Product Portfolio
13.3.3.3. Financials
13.3.3.4. SWOT Analysis
13.3.4. Arkema
13.3.4.1. Company Overview
13.3.4.2. Product Portfolio
13.3.4.3. Financials
13.3.4.4. SWOT Analysis
13.3.5. Mitsubishi Gas
13.3.5.1. Company Overview
13.3.5.2. Product Portfolio
13.3.5.3. Financials
13.3.5.4. SWOT Analysis
13.3.6. Evonik Industries
13.3.6.1. Company Overview
13.3.6.2. Product Portfolio
13.3.6.3. Financials
13.3.6.4. SWOT Analysis
13.3.7. Steris
13.3.7.1. Company Overview
13.3.7.2. Product Portfolio
13.3.7.3. Financials
13.3.7.4. SWOT Analysis
13.3.8. OCI Company Ltd.
13.3.8.1. Company Overview
13.3.8.2. Product Portfolio
13.3.8.3. Financials
13.3.8.4. SWOT Analysis
13.3.9. Peroxy Chem
13.3.9.1. Company Overview
13.3.9.2. Product Portfolio
13.3.9.3. Financials
13.3.9.4. SWOT Analysis
13.3.10. BASF SE
13.3.10.1. Company Overview
13.3.10.2. Product Portfolio
13.3.10.3. Financials
13.3.10.4. SWOT Analysis
14. Research Methodology
Request A Free Sample
We prioritize the confidentiality and security of your data. Our promise: your information remains private.
Ready to Transform Data into Decisions?
Request Your Sample Report and Start Your Journey of Informed Choices
Providing the strategic compass for industry titans.
Frequently Asked Questions
What is the current market size for Food and Beverage Sterilizing Agent market, and what is its projected size in 2032?
The Food and Beverage Sterilizing Agent market was valued at USD 3.68 billion in 2024 and is projected to reach USD 4.44 billion by 2032.
At what Compound Annual Growth Rate is the Food and Beverage Sterilizing Agent market projected to grow between 2025 and 2032?
The Food and Beverage Sterilizing Agent market is expected to grow at a CAGR of 2.4% during the forecast period.
Which Food and Beverage Sterilizing Agent market segment held the largest share in 2024?
The hydrogen peroxide segment led the Food and Beverage Sterilizing Agent market in 2024 with a 54% share.
What are the primary factors fueling the growth of the Food and Beverage Sterilizing Agent market?
The Food and Beverage Sterilizing Agent market is driven by strict food safety regulations, growing packaged food demand, and expansion of the beverage industry.
Who are the leading companies in the Food and Beverage Sterilizing Agent market?
Key companies in the Food and Beverage Sterilizing Agent market include Taekwang Industry Co., Ltd., Solvay, Hansol Chemical, Arkema, Mitsubishi Gas, Evonik Industries, Steris, OCI Company Ltd., Peroxy Chem, and BASF SE.
Which region commanded the largest share of the Food and Beverage Sterilizing Agent market in 2024?
North America led the Food and Beverage Sterilizing Agent market in 2024 with a 34% share.
About Author
Rajdeep Kumar Deb
Lead Analyst – Consumer & Finance
Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.
The Food Aroma Market size was valued at USD 842.14 million in 2024 and is anticipated to reach USD 1461.55 million by 2032, at a CAGR of 6.6% during the forecast period (2024-2032).
The Food Antimicrobials market was valued at USD 2.93 billion in 2024 and is projected to reach USD 4.39 billion by 2032, expanding at a CAGR of 5.2% during the forecast period.
The food anti caking agents market size was valued at USD 632.87 million in 2024 and is anticipated to reach USD 879.54 million by 2032, at a CAGR of 4.2 % during the forecast period.
The Food Binders Market was valued at USD 4.02 billion in 2024 and is projected to reach USD 5.66 billion by 2032, growing at a CAGR of 4.38% during the forecast period.
The Food Bleaching Agent Market size was valued at USD 763.35 million in 2024 and is anticipated to reach USD 1461.55 million by 2032, at a CAGR of 26.3% during the forecast period (2024-2032).
The Food Supplement Ingredients Market size was valued at USD 784.18 million in 2024 and is anticipated to reach USD 1327.35 million by 2032, at a CAGR of 6.8% during the forecast period (2024-2032).
Food Grade Iron Powder Market size was valued USD 6.06 billion in 2024 and is anticipated to reach USD 9.33 billion by 2032, at a CAGR of 5.54% during the forecast period.
Food Dehydrator Market size was valued USD 2.06 billion in 2024 and is anticipated to reach USD 3.09 billion by 2032, at a CAGR of 5.2% during the forecast period.
Food Chopper Market size was valued USD 1.82 billion in 2024 and is anticipated to reach USD 2.75 billion by 2032, at a CAGR of 5.3% during the forecast period.
Food Antioxidants Market size was valued USD 1.4 billion in 2024 and is anticipated to reach USD 2.23 billion by 2032, at a CAGR of 6% during the forecast period.
Functional Foods Market size was valued USD 234.07 billion in 2024 and is anticipated to reach USD 353.82 billion by 2032, at a CAGR of 5.3% during the forecast period.
Food Hydrocolloids Market size was valued USD 7.69 billion in 2024 and is anticipated to reach USD 10.85 billion by 2032, at a CAGR of 4.4% during the forecast period.
Licence Option
The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing. Use restricted to one purchaser only.
$4999
To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis. Unlimited users allowed within one corporate location (e.g., regional office).
$6999
The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc. research team. Permitted for unlimited global use by all users within the purchasing corporation, such as all employees of a single company.
Thank you for the data! The numbers are exactly what we asked for and what we need to build our business case.
Materials Scientist (privacy requested)
The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.
