The rising demand for peracetic acid shows no sign of a slow down with increasing interest in the market predicted to grow the market to £5.47 million in 2020 with a compound annual growth rate (CAGR) of 8.33%.
The main driver in the market is the increasing application of peracetic acid in the food and beverage processing industries. Peracetic Acid is a highly effective, sanitizer, disinfectant and antimicrobial agent and its features of good efficacy, essentially no toxic residues, easy application (in water solution) and relatively low cost have made it an increasingly popular antimicrobial in many food and beverage-related industries. The peracetic acid market in the food application segment is estimated to witness the highest CAGR between 2015 and 2020, in terms of volume.
In the food industry, peracetic acid is coming to replace the traditionally used chlorine in a variety of applications after concerns over the formation of the carcinogen chloroform from reactions with fats and proteins which do not result from peracetic acid use. As a result there is increasing use of peracetic acid in washing fresh fruit and vegetables, in the direct application on meat and poultry for pathogen reduction as well as for reducing microbial contamination prolonging the freshness of seafood.
Approval for peracetic acid as sanitizer on food contact and for direct food contact with fruits, vegetables, meat, poultry and seafood from the U.S. Food and Drug Administration (FDA) has helped to fuel the rise. Furthermore, the move to peracetic acid has been strengthened by confirmation from the European Food Safety Authority that its use is safe in the removal of pathogens.
In the beverage processing industry, peracetic acid is used to reduce microbial contamination through sanitization and disinfection in bottling plants and breweries. The food and beverages industry segment dominated the market with 23% share.
About Airedale Chemical
Airedale Chemical are one of the UK’s fastest growing chemical manufacturers. We specialise in the production of specialist chemicals including peracetic acid. If you would like any more information on peracetic acid, visit our product page or read our informative infographic.