Global Food Grade Industrial Gases Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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MarketResearch.biz delivers in-depth insights on the global food grade industrial gases market in its upcoming report titled, “Global Food Grade Industrial Gases Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global food grade industrial gases market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global food grade industrial gases market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global food grade industrial gases market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global food grade industrial gases market report has been segmented on the basis of resin type, product type, technology, application, and region.
Industrial gases such as carbon dioxide, oxygen, argon, hydrogen, and liquid nitrogen are used in food & beverages industry during production and for packaging. These gases are used to improve shelf life, maintain freshness, and visual appearance of products such as meat patties, shrimp, berries, and drinks. Typical applications include freezing and packing, cooling during mixing processes and carbonation of beverages.
Food grade industrial gases are used in chilling, freezing, packaging to improve shelf life of food by eliminating usage of preservatives and chemical treatments. Growing health consciousness among individuals is boosting demand for less chemically processed food with minimal preservatives, which is a key factor driving growth of the global food grade gases market. In addition, technologically advanced techniques in food packaging industry is further expected to boost demand for food grade industrial gases, which is another factor expected to drive growth of the global food grade industrial gases market over forecast period.
Stringent regulation by government towards food safety is a key factor expected to hamper growth of the global food grade industrial gases market. Adoption of industrial gases during production of the bakery & confectionery product to improve shelf life of product is expected to create potential opportunity for key players in the global food grade industrial gases market during forecast period.
The market in North America accounts largest share in the global food grade industrial gases market in terms of revenue, owing to the high consumption of packaged food products in the region. The market in Europe accounts for second-highest revenue share, owing to increasing awareness regarding to health among individuals coupled with technological advancements in food packaging process among countries in the region. The market in Asia Pacific is projected to have fastest growth in terms of revenue, owing to increasing consumption of packaged food due to changing lifestyle and increasing disposable income of individuals.
Global Food Grade Industrial Gases Market Segmentation:
Global food grade industrial gases market segmentation by gas type:
- Carbon dioxide
Global food grade industrial gases market segmentation by product type:
- Dairy & frozen products
- Fruits & vegetables
- Fish & seafood
Global food grade industrial gases market segmentation by application:
- Freezing & chilling
Global food grade industrial gases market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Air Products and Chemicals, Inc.
- Praxair, Inc.
- Linde AG
- Airgas, Inc.
- Matheson Tri-Gas, Inc.
- Messer Group GmbH
- Sol S.p.A.
- Emirates Industrial Gases Company LLC
- Gulf Cryo Holding C.S.C
- Air Liquide SA
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