Reports and Data's latest report forecasts that the global food-grade gases market will achieve a revenue of USD 11,525.4 Million by 2030, with a compound annual growth rate of 5.8% during the forecast period. The report attributes this growth to the increasing demand for packaging technologies like modified atmospheric packaging and chilling freezing from the food and beverage industry. Food-grade gases play a vital role in ensuring compliance with food preparation regulations and are utilized as an additive or processing aid during food production. The food and beverage industries widely use food-grade gases for packaging, freezing, and carbonation of bakery, dairy, meat, fruit, and other products. These gases can be used individually or in various combinations, with carbon dioxide, nitrogen, and oxygen being some examples of food-grade gases.
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Leading Companies:
Air Products Inc., Inc, Air Liquide S.A., Messer Group GmbH, Taiyo Nippon Sanso Corporation, Wesfarmers Limited, SOL Group, Gulf Cryo, Air Water, Inc., National Gases Limited, and Les Gaz Industriels Ltd.
Food Grade Gases Market Growth
- Rising Demand for Convenience Foods: The fast-paced lifestyle of consumers has led to an increased demand for convenience foods, which often require modified atmosphere packaging (MAP) or controlled atmosphere storage (CAS) to extend their shelf life. Food-grade gases, such as nitrogen, carbon dioxide, and oxygen, are used in these processes to help maintain product quality and safety.
- Food Preservation and Quality: Consumers are becoming more conscious of food quality and safety. Food-grade gases play a crucial role in preventing food spoilage and maintaining freshness. For example, nitrogen can be used to create an inert atmosphere that preserves the texture and flavor of snacks and packaged foods.
- International Trade and Supply Chain: Globalization and the expansion of international trade have increased the demand for food-grade gases for packaging and preservation purposes. This trend is expected to continue as the food supply chain becomes more interconnected on a global scale.
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The global Food Grade Gases market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Product Type Outlook (Revenue, USD Million; 2019-2030)
- Carbon dioxide (CO2)
- Nitrogen
- Oxygen
- Others
Supply Type Outlook (Revenue, USD Million; 2019-2030)
- Bulk
- Cylinder
Application Outlook (Revenue, USD Million; 2019-2030)
- Freezing Chilling
- Packaging
- Carbonation
- Others
End-Use Outlook (Revenue, USD Million; 2019-2030)
- Beverages
- Meat, Poultry Seafood Products
- Dairy Frozen Products
- Fruits Vegetables
- Convenience Food Products
- Bakery Confectionery Products
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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