The global cold plasma market was valued at US$ 1,286.4 million in 2016 and is projected to witness an impressive double digit CAGR (Compound annual growth rate) of 12.2% over the next five years to reach US$ 2,536.4 million in 2022. Continuous innovations in cold plasma technology, rising demand for eco-friendly products, increasing use of cold plasma in food packaging industry, introduction of stringent safety standards in various industries including food safety, and growing needs for frozen food are some of the growth drivers of the cold plasma market.