The new report by Expert Market Research titled,‘ Food-Grade Industrial Gases Global Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of global food-grade industrial gases market, assessing the market based on type, applications, end-uses, mode of supply and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2020): USD 6.2 Billion
• Forecast CAGR (2023-2028): 6%
• Forecast Market Size (2026): USD 8.6 Billion

Consumers’ growing concerns about food safety have forced corporations to use food grade industrial gases in packing and storage. The food & beverage industry’s increased reliance on MAP for microbial growth control is projected to drive market demand in the near future.

Industry Definition and Major Segments

Food-grade industrial gases are described as gases that are utilized as a processing aid or additive in order to ensure compliance with regulatory standards in the food processing industry. These gases are either utilized alone or in a variety of combinations.

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The industry can be divided based on types as:

• Carbon Dioxide
• Nitrogen
• Oxygen
• Others

The industry can be divided based on applications as:

• Freezing and Chilling
• Packaging
• Carbonation
• Others

The industry can be broadly categorised based on its end-uses into:

• Beverages
• Meat, Poultry, and Seafood Products
• Dairy and Frozen Products
• Fruits and Vegetables
• Convenience Food Products
• Bakery and Confectionery Products
• Others

The industry can be divided based on the mode of supply as:

• Bulk
• Cylinder

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Trends

Carbon dioxide is commonly used to carbonate soft drinks and beer. It can preserve wine, grape juice, and other juices. Carbon dioxide is also used in MAP to remove oxygen from the package. Carbon dioxide is expected to remain the most in demand food-grade gas due to advances in packaging technology.

Increasing demand from end-use industries such as processed foods, bakery and confectionery, and breakfast cereals is projected to drive the North American food-grade industrial gases market during the forecast period. Healthy snacking is becoming more popular in the US, which means more opportunities for industrial food-grade gases in frozen and chilled snack foods. Also, the region boasts the world’s greatest per capita meat intake. Thus, the use of industrial gases in the meat sector is fuelling market expansion.

Key Market Players

The major players in the market are The Linde Group, Air Products & Chemicals, Inc. (NYSE: APD), Air Liquide, The Messer Group GmbH, Taiyo Nippon Sanso, SOL Group and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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