Food Grade Gases Market Trends, Size, Growth Factors and Analysis...

Food Grade Gases Market Trends, Size, Growth Factors and Analysis 2023-2028

Posted 2023-06-05 10:58:21

IMARC Group, a leading market research company, has recently releases report titled “Food Grade Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global food grade gases market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Food Grade Gases Market?

Report Attributes	Details
Market Size in 2022	US$ 7.9 Billion
Market Forecast in 2028	US$ 11.0 Billion
Growth rate (2023 to 2028)	CAGR of 5.4%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is Food Grade Gases?

Food grade gases refer to gases that are used in the food and beverage industry to preserve, package, and carbonate various food products. These gases are highly purified and meet strict quality and safety standards to ensure that they do not contaminate the food products they encounter. Food grade gases include carbon dioxide, nitrogen, and oxygen, and their usage forms an essential aspect of modern food processing and packaging practices.

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What are the Growth Prospects and Trends in the Food Grade Gases Industry?

The increasing focus on food safety and quality represents a key factor driving the food grade gases market growth across the globe. In line with this, food grade gases aid in maintaining the freshness and quality of food products, which has led to their widespread use in the food industry, thus driving the market growth. In addition to this, the increasing awareness about the benefits of modified atmospheric packaging, which involves the use of food grade gases to extend the shelf life of food products, is further contributing to the growth of the market. The market is also driven by the increasing demand for convenience foods and packaged beverages, which require the use of food grade gases for preservation and carbonation. Other factors, such as the rising population, rapid urbanization, expansion in the food and beverage industry, and an increase in demand for processed and packaged foods, are creating a positive outlook for the market.

Who are the Key Players Operating in the Food Grade Gases Market?

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Air Liquide S.A.
Air Products Inc.
Air Water Inc.
Coregas Pty Ltd (Wesfarmers Limited)
Gulf Cryo
Linde plc
Massy Group Inc
SOL Spa
Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Holdings Corporation)
The Messer Group GmbH
Tyczka Polska Sp. z o.o.

What is Included in Market Segmentation?

The report has categorized the market based on type, application and end user.

Breakup by Type:

Carbon Dioxide
Nitrogen
Oxygen
Others

Breakup by Application:

Freezing and Chilling
Packaging and Carbonation
Others

Breakup by End User:

Beverages
Meat and Seafood
Convenience Food Products
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Key Highlights of The Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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