The global demand for Food Grade Gases Market is presumed to reach the market size of nearly USD 9.88 BN by 2028 from USD 7.41 BN in 2021 with a CAGR of 4.2% under the study period 2022 - 2028.
Food-grade gases are used as an additive and processing assistance. These gases may be utilized individually or in combination. Carbon dioxide, nitrogen, and oxygen are used as food-grade gases. The application of high-grade gases extends the shelf life of the food.
The market for food-grade gases is predicted to be influenced by several other reasons, including rising innovative packaging usage to extend shelf life, the need for fast freezing of fresh foods, technological advancements, and a rise in the meat and seafood trade. It is anticipated that rising food sector demand will accelerate market expansion. The usage of food-grade gases by final consumers, such as restaurant establishments, hotel services, resorts, etc., will further promote the market expansion for the product. Many retail chains are also investing in the growing market for food-grade gases. The market's growth is anticipated to be hampered by declining beverage demand and restrictive regulations enforced by the government.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of food grade gases. The growth and trends of food grade gases industry provide a holistic approach to this study.
This section of the food grade gases market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Carbon Dioxide
By End User
- Freezing & Chilling
- Packaging & Carbonation
- Meat & Seafood
- Packaged Products
This section covers the regional outlook, which accentuates current and future demand for the Food Grade Gases market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Food Grade Gases Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the food grade gases market include Air Liquide SA, Air Products and Chemicals, Inc., Air Water Inc., Coregas Pty Ltd., Coregas Pty Ltd., Gulf Cyro, Linde Plc, SOL Group, Taiyo Nippon Sanso Corporation, The Massy Gas Products (Trinidad) Ltd., and The Messer Group GmbH. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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