Food Grade Gases Market to See Major Growth by 2027

The food-grade gases market is anticipated to increase rapidly, rising from a projected value of USD 7.6 billion in 2022 to an astounding USD 10.6 billion by 2027. Over the forecast period, this substantial growth is anticipated to occur at a CAGR of 6.9%. The food-grade gases market is seeing a surge in demand due to several key factors such as the increasing popularity of convenience food and carbonated drinks. Consumers are becoming more concerned about the safety of their food, which has resulted in food manufacturers turning to advanced packaging technologies like oxygen scavenging, MAP, CAP, and active packaging. These technologies create a controlled environment within the packaging, preserving the freshness of food products and reducing the need for additives while ensuring the quality of the food is not compromised.

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Food-grade gas manufacturers find attractive opportunities for growth in the emerging economies of the Asia Pacific and South America. Due to the rising demand for frozen and packaged food products by the youth in these regions, the demand for food-grade gases is witnessing growth. Also, due to the developing retail channels and cold chain infrastructure and rise in disposable incomes and the number of working women, there has been a growing demand for convenience food products in these regions, which, in turn, results in an increased demand for food-grade gases. Also, because of the continuous new product launches and advancements in packaging technologies, there has been a growing need for food-grade gases for various end uses.

Challenges: Need to provide right mixture of gases in controlled environment packaging

The need to provide the right mix of gases in controlled environment packaging technologies such as modified atmosphere packaging and active packaging is a key challenge faced by packaging technology equipment manufacturers. For example, ready-to-eat meals contain a complex mixture of ingredients that require the right mix of different gases to prolong their shelf-life; MAP packaging includes providing the right mix of gases in the packaging. The gases used in MAP include oxygen, nitrogen, and carbon dioxide. For example, in the packaging of meat products, the mix of 20% carbon dioxide and 80% oxygen is a good proportion that balances the attractive colour of meat and increases the visual appeal; any discrepancy otherwise can deteriorate the product quality.

Technological Advancements for Gas Sensors is one of the Major Trends

Toxic gas sensors play an important role in food production and control. Therefore, researchers have recently devoted significant attention to various gas sensing materials to achieve high-performance gas sensors. The prospects for the use of sensor technology in food production and monitoring are: (1) Development of simple sensors that operate at low temperatures and preferably Real time to save energy consumed during the monitoring process and the lifespan of the sensing material and accordingly, (2) the design of high-precision sensors to monitor the strategic stock of foodstuffs, especially C2H4 gas, to monitor the quality of stored fruits and vegetables and control their ripening. Researchers are interested in obtaining improvements in the sensitivity, selectivity, limit of detection, and operating temperature using a new mixture of nanomaterials that display different shapes.

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North America dominated the food grade gases market

Canada and Mexico witness the largest import of meat, fish, and seafood. In 2018, Canada was the largest export market for US agricultural products and accounted for 17% of the total exports. The major commodities exported to Canada are prepared foods, fresh processed vegetables, fresh processed fruit, meat meat products, snack foods, certain non-alcoholic beverages, chocolate cocoa products, condiments sauces, coffee, wine, beer, and pet food.

Sustainable Growth Opportunities in the Food Grade Gases Market

The food-grade gases market is anticipated to increase rapidly, rising from a projected value of USD 7.6 billion in 2022 to an astounding USD 10.6 billion by 2027. Over the forecast period, this substantial growth is anticipated to occur at a CAGR of 6.9%. The food-grade gases market is seeing a surge in demand due to several key factors such as the increasing popularity of convenience food and carbonated drinks. Consumers are becoming more concerned about the safety of their food, which has resulted in food manufacturers turning to advanced packaging technologies like oxygen scavenging, MAP, CAP, and active packaging. These technologies create a controlled environment within the packaging, preserving the freshness of food products and reducing the need for additives while ensuring the quality of the food is not compromised.

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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9473111

Drivers: Shift toward convenient packaged foods

Food-grade gases such as carbon dioxide (CO2), nitrogen (N), and oxygen (O) are mainly used in the packaging of convenience foods to enhance the shelf-life of fresh food products. Rising health concerns among consumers, especially in North America and Europe, have led to a shift toward the consumption of safer, healthier, and higher-quality food products.

Owing to the rising concerns about food safety amongst consumers, food manufacturers are focusing on various advanced packaging technologies such as oxygen scavengers, modified atmosphere packaging (MAP), controlled atmosphere packaging (CAP), and active packaging. These technologies help in maintaining the levels of gases such as oxygen and nitrogen inside the packaging, prevent the oxidation of food products, and reduce the need for additives while maintaining product quality.

Technological Advancements for Gas Sensors is one of the Major Trends

Toxic gas sensors play an important role in food production and control. Therefore, researchers have recently devoted significant attention to various gas sensing materials to achieve high-performance gas sensors. The prospects for the use of sensor technology in food production and monitoring are: (1) Development of simple sensors that operate at low temperatures and preferably Real time to save energy consumed during the monitoring process and the lifespan of the sensing material and accordingly, (2) the design of high-precision sensors to monitor the strategic stock of foodstuffs, especially C2H4 gas, to monitor the quality of stored fruits and vegetables and control their ripening. Researchers are interested in obtaining improvements in the sensitivity, selectivity, limit of detection, and operating temperature using a new mixture of nanomaterials that display different shapes.

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North America is projected to reach USD 3.4 Billion during the forecast period.

Key countries identified in the North American food-grade gases market include the US, Canada, and Mexico. The North American food-grade gases market is projected to witness significant growth due to the huge pork and beef industry and the increasing consumption of RTE and bakery food products. According to the United States Department of Agriculture (USDA), there were about 38,000 food processing and manufacturing companies present in the US in 2019. This growing food beverage processing sector in the US is expected to fuel the demand for food-grade gases, especially for packaging and carbonation. According to a report published by the Commission for Environmental Cooperation (Canada) in 2017, about 168 million tons of food is wasted or lost in North America every year. Food-grade gases such as nitrogen serve as a cheaper preservative that enhances the shelf life of food products by keeping oxygen out and preventing spoilage.

In North America, the US was the largest market for food-grade gases, which accounted for a share of 84.8% in the North American market in 2019. The US has witnessed tremendous growth in the import and export of perishable products as well. It is one of the largest exporting countries in terms of seafood. Also, according to the FAO, the US is the second-largest milk producer in the world. This creates a demand for food-grade gases for freezing and chilling this highly perishable product. In 2022, revenue in the Convenience Food industry is expected to be USD 48.32 billion. The market is predicted to expand by 2.65% every year. Volume in the Convenience Food market is estimated to reach 5,993.8 m kg by 2027

The key players in this market include Air Products chemicals, Inc (US), Cryogenic gases (US), American Welding Gas (US).

Growth Opportunities in the Food Grade Gases Market

The food-grade gases market is anticipated to increase rapidly, rising from a projected value of USD 7.6 billion in 2022 to an astounding USD 10.6 billion by 2027. Over the forecast period, this substantial growth is anticipated to occur at a CAGR of 6.9%. The food-grade gases market is seeing a surge in demand due to several key factors such as the increasing popularity of convenience food and carbonated drinks. Consumers are becoming more concerned about the safety of their food, which has resulted in food manufacturers turning to advanced packaging technologies like oxygen scavenging, MAP, CAP, and active packaging. These technologies create a controlled environment within the packaging, preserving the freshness of food products and reducing the need for additives while ensuring the quality of the food is not compromised.

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9473111

Food-grade gas manufacturers find attractive opportunities for growth in the emerging economies of the Asia Pacific and South America. Due to the rising demand for frozen and packaged food products by the youth in these regions, the demand for food-grade gases is witnessing growth. Also, due to the developing retail channels and cold chain infrastructure and rise in disposable incomes and the number of working women, there has been a growing demand for convenience food products in these regions, which, in turn, results in an increased demand for food-grade gases. Also, because of the continuous new product launches and advancements in packaging technologies, there has been a growing need for food-grade gases for various end uses. These all pose as opportunities, thereby fueling the demand for food-grade gases, globally.

Challenges: Need to provide right mixture of gases in controlled environment packaging

The need to provide the right mix of gases in controlled environment packaging technologies such as modified atmosphere packaging and active packaging is a key challenge faced by packaging technology & equipment manufacturers. For example, ready-to-eat meals contain a complex mixture of ingredients that require the right mix of different gases to prolong their shelf-life; MAP packaging includes providing the right mix of gases in the packaging. The gases used in MAP include oxygen, nitrogen, and carbon dioxide. For example, in the packaging of meat products, the mix of 20% carbon dioxide and 80% oxygen is a good proportion that balances the attractive colour of meat and increases the visual appeal; any discrepancy otherwise can deteriorate the product quality.

Technological Advancements for Gas Sensors is one of the Major Trends

Toxic gas sensors play an important role in food production and control. Therefore, researchers have recently devoted significant attention to various gas sensing materials to achieve high-performance gas sensors. The prospects for the use of sensor technology in food production and monitoring are: (1) Development of simple sensors that operate at low temperatures and preferably Real time to save energy consumed during the monitoring process and the lifespan of the sensing material and accordingly, (2) the design of high-precision sensors to monitor the strategic stock of foodstuffs, especially C2H4 gas, to monitor the quality of stored fruits and vegetables and control their ripening. Researchers are interested in obtaining improvements in the sensitivity, selectivity, limit of detection, and operating temperature using a new mixture of nanomaterials that display different shapes.

Request for Sample Pages: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=9473111

North America dominated the food grade gases market

Canada and Mexico witness the largest import of meat, fish, and seafood. In 2018, Canada was the largest export market for US agricultural products and accounted for 17% of the total exports. The major commodities exported to Canada are prepared foods, fresh & processed vegetables, fresh & processed fruit, meat & meat products, snack foods, certain non-alcoholic beverages, chocolate & cocoa products, condiments & sauces, coffee, wine, beer, and pet food.

Food Grade Gases Market Growth by Emerging Trends, Analysis, & Forecast

The global food grade gases market is estimated to be valued at USD 7.6 billion in 2022. It is projected to reach USD 10.6 billion by 2027, recording a CAGR of 6.9% during the forecast period. Food-grade gases are defined as gases used as a processing aid or as an additive in the food & beverage industry. These gases should comply with the standards set by regulatory bodies such as the FDA. They are used alone or in combination for freezing & chilling, packaging, and for carbonation in certain beverages. Some of the most commonly used food-grade gases include carbon dioxide, nitrogen, oxygen, hydrogen, and argon. These gases are used for multiple end-uses such as meat, poultry, and seafood products, beverages, dairy & frozen food products, and convenience food products.

Key players in this market include Linde Plc (Ireland), Air Products & Chemicals, Inc. Air Liquide (France), Taiyo Nippon Sanso (Japan), The Messer group GmbH (Germany).

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The nitrogen gas segment is estimated to register a CAGR of 6.6% during the forecast period. The quick cooling/freezing properties of nitrogen help retain the quality of products by preventing dehydration and crumbling. These properties drive the demand for nitrogen in the food & beverage industry.

Nitrogen is a colourless, odorless, non-toxic, inert gas, which is why it is widely used in the food & beverage industry. Nitrogen displaces oxygen and decreases moisture inside of packaged food. Moisture in packaged foods creates bacteria, mold, and mildew, which is why nitrogen is necessary for the food preservation process. This gas also preserves freshness and retains nutrients, which helps the food or beverage last longer. Larger quantities of nitrogen may be required than oxygen or vice versa, depending on what food to preserve. Red meats tend to lose their color when they are deprived of oxygen, so less nitrogen is used when packaging red meat. On the other hand, coffee and beer require more nitrogen because it improves the quality of these drinks. Beer needs nitrogen to create foam, and coffee is dispensed with a higher pressure when brewed with nitrogen.

Some other applications of nitrogen are for sparging wines and filling the headspaces of various beverages to create an inert atmosphere and delay spoilage. Nitrogen is classified as a food additive when it is in direct contact with food and is designated an “E” number; the nomenclature for nitrogen is “E941.”.

The work-from-home trend has created a demand for carbonated beverages in many regions, which positively impacted the market growth.

Soft drinks, sparkling water (seltzer water), and carbonated wine, which has many of the same characteristics as fermented sparkling wine but is less costly to make, are examples of carbonated beverages. During carbonation, carbon dioxide is added to the liquid in a carbonator, where vaporized carbon dioxide is mixed under pressure with temperature-controlled water. Syrups, sweeteners, and other ingredients are then added to create the final product. This phenomenon is what makes soft drinks bubbly and fizzy. Beer is also one of the major carbonated alcoholic beverages, but beer manufacturers generally use the carbon dioxide that is produced during the fermentation process. Carbonation can also drive out the oxygen, which can make a beverage shelf-stable as long as it is sealed, keeping aerobic microbes away.

The popularity of carbonated beverages plays a crucial role in driving market growth. As carbonation increases the shelf-life of these beverages, manufacturers are increasingly using carbon dioxide, thereby increasing the scope for food-grade gases.

What is the current size of the global food grade gases market?

North America dominated the food grade gases market, with a value of USD 2.3 billion in 2022; it is projected to reach USD 3.4 billion by 2027, at a CAGR of 6.5 % during the forecast period.

Canada and Mexico witness the largest import of meat, fish, and seafood. In 2018, Canada was the largest export market for US agricultural products and accounted for 17% of the total exports. The major commodities exported to Canada are prepared foods, fresh & processed vegetables, fresh & processed fruit, meat & meat products, snack foods, certain non-alcoholic beverages, chocolate & cocoa products, condiments & sauces, coffee, wine, beer, and pet food. The demand for perishable food imports has grown rapidly over the last 25 years since the introduction of supermarket food distribution systems in Mexico. Food Grade Gases are liquefied to promote a cryonic state for the preservation of frozen food items, which offers several chilling advantages: faster freeze rate and improved efficiency over mechanical freezers; increased production; reduced product dehydration; reduced bacterial activity; and increased shelf life. For this reason, nitrogen is most liquefied. Carbon dioxide may also be frozen as dry ice. As the demand for perishable foods is growing in North America, the need to chill, freeze, and package these products to improve their shelf life will increase, thereby increasing the scope for food-grade gases.

Food Grade Gases Market to Showcase Continued Growth in the Coming Years

 The global food-grade gases market is estimated to be valued at USD 5.9 billion in 2018 and is projected to reach USD 8.1 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growing demand for convenience food products and carbonated beverages have significantly fueled the market for food-grade gases. Further, with the introduction of new products in the food industry and advancements in packaging technologies, there has been a growing need for food-grade gases for various end-uses.

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Increasing demand from developing economies such as India and China will provide growth opportunity.

Significant opportunities for the food-grade gases market are present in developing economies such as China, India, and Latin American countries. A major factor fueling the demand for food-grade gases is the increasing consumer demand for chilled and frozen foods, which are becoming popular with the younger generation in emerging economies. The rise in middle-class population, rapid urbanization, increased spending power, and the increase in the number of working women have also spurred the demand for chilled & frozen foods. Food & beverage manufacturers are tapping into these markets due to the growing demand for processed foods, propelled by changing lifestyles of consumers who prefer convenience foods, availability of abundant raw material, cheap labor, governmental support to set up processing units for SMEs, and lower tariff duty. This growth is also fueled by new legislation in the retail environment, which gives foreign investors and multinational retail chains access to these markets. These retail chains have organized distribution across these markets, which provides opportunities for setting up food & beverage industries here. The rising importance given to food safety and quality of processed foods by the governments in these countries has increased the need to prevent the deterioration of food with the use of proper packaging technology and investment in refrigerated storage facilities.

The beverages segment, by end-use, is estimated to witness the fastest growth in the food grade gases market in 2018

By end-use, the food-grade gases market is segmented into meat, poultry, and seafood products; dairy & frozen products; beverages; fruits & vegetables; convenience food products; bakery & confectionery products; and others. The beverages segment is estimated to grow at the highest CAGR due to the use of large volumes of food-grade gases, especially carbon dioxide and nitrogen, for carbonation and blanketing. As the demand for carbonated beverages increases, there is a simultaneous growth in the market for food-grade gases.

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North America is estimated to dominate the food grade gases market, in terms of value, in 2018

The microbrewery culture is also on the rise in the North American market. There are multiple microbreweries present in the region. These microbreweries require carbon dioxide for beer dispensing. Also, the North American soft drinks market is one of the largest, with the presence of all the big brands such as Coca-Cola and PepsiCo. The soft drinks industry is one of the largest users of food-grade carbon dioxide for the carbonation of beverages.

The large beverage industry and rising trends of microbreweries create a huge demand for carbon dioxide in the North American region, with the US being the largest and fastest growing market. Also, because of the presence of highly organized retail chains and cold chain infrastructure, the North American market holds the largest market share in the food-grade gases market.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies. It includes the profiles of leading companies such as The Linde Group (Germany), Air Products & Chemicals (US), Air Liquide (France), The Messer Group (Germany), Taiyo Nippon Sanso (Japan), Wesfarmers Ltd. (Australia), SOL Group (Italy), Gulf Cryo (Kuwait), Air Water, Inc. (Japan), Massy Group (Caribbean), PT Aneka Industri (Indonesia), and The Tyczka Group (Germany)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Food Grade Gases Market to Showcase Continued Growth in the Coming Years

The global food-grade gases market is estimated to be valued at USD 5.9 billion in 2018 and is projected to reach USD 8.1 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growing demand for convenience food products and carbonated beverages have significantly fueled the market for food-grade gases. Further, with the introduction of new products in the food industry and advancements in packaging technologies, there has been a growing need for food-grade gases for various end-uses.

Download PDF Brochure: 

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9473111

Increasing demand from developing economies such as India and China will provide growth opportunity.

Significant opportunities for the food-grade gases market are present in developing economies such as China, India, and Latin American countries. A major factor fueling the demand for food-grade gases is the increasing consumer demand for chilled and frozen foods, which are becoming popular with the younger generation in emerging economies. The rise in middle-class population, rapid urbanization, increased spending power, and the increase in the number of working women have also spurred the demand for chilled & frozen foods. Food & beverage manufacturers are tapping into these markets due to the growing demand for processed foods, propelled by changing lifestyles of consumers who prefer convenience foods, availability of abundant raw material, cheap labor, governmental support to set up processing units for SMEs, and lower tariff duty. This growth is also fueled by new legislation in the retail environment, which gives foreign investors and multinational retail chains access to these markets. These retail chains have organized distribution across these markets, which provides opportunities for setting up food & beverage industries here. The rising importance given to food safety and quality of processed foods by the governments in these countries has increased the need to prevent the deterioration of food with the use of proper packaging technology and investment in refrigerated storage facilities.

The beverages segment, by end-use, is estimated to witness the fastest growth in the food grade gases market in 2018

By end-use, the food-grade gases market is segmented into meat, poultry, and seafood products; dairy & frozen products; beverages; fruits & vegetables; convenience food products; bakery & confectionery products; and others. The beverages segment is estimated to grow at the highest CAGR due to the use of large volumes of food-grade gases, especially carbon dioxide and nitrogen, for carbonation and blanketing. As the demand for carbonated beverages increases, there is a simultaneous growth in the market for food-grade gases.

Make an Inquiry: 

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=9473111

North America is estimated to dominate the food grade gases market, in terms of value, in 2018

The microbrewery culture is also on the rise in the North American market. There are multiple microbreweries present in the region. These microbreweries require carbon dioxide for beer dispensing. Also, the North American soft drinks market is one of the largest, with the presence of all the big brands such as Coca-Cola and PepsiCo. The soft drinks industry is one of the largest users of food-grade carbon dioxide for the carbonation of beverages.

The large beverage industry and rising trends of microbreweries create a huge demand for carbon dioxide in the North American region, with the US being the largest and fastest growing market. Also, because of the presence of highly organized retail chains and cold chain infrastructure, the North American market holds the largest market share in the food-grade gases market.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies. It includes the profiles of leading companies such as The Linde Group (Germany), Air Products & Chemicals (US), Air Liquide (France), The Messer Group (Germany), Taiyo Nippon Sanso (Japan), Wesfarmers Ltd. (Australia), SOL Group (Italy), Gulf Cryo (Kuwait), Air Water, Inc. (Japan), Massy Group (Caribbean), PT Aneka Industri (Indonesia), and The Tyczka Group (Germany)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Food Grade Gases Market to Showcase Continued Growth in the Coming Years

The global food-grade gases market is estimated to be valued at USD 5.9 billion in 2018 and is projected to reach USD 8.1 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growing demand for convenience food products and carbonated beverages have significantly fueled the market for food-grade gases. Further, with the introduction of new products in the food industry and advancements in packaging technologies, there has been a growing need for food-grade gases for various end-uses.

Download PDF Brochure: 

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9473111

Increasing demand from developing economies such as India and China will provide growth opportunity.

Significant opportunities for the food-grade gases market are present in developing economies such as China, India, and Latin American countries. A major factor fueling the demand for food-grade gases is the increasing consumer demand for chilled and frozen foods, which are becoming popular with the younger generation in emerging economies. The rise in middle-class population, rapid urbanization, increased spending power, and the increase in the number of working women have also spurred the demand for chilled & frozen foods. Food & beverage manufacturers are tapping into these markets due to the growing demand for processed foods, propelled by changing lifestyles of consumers who prefer convenience foods, availability of abundant raw material, cheap labor, governmental support to set up processing units for SMEs, and lower tariff duty. This growth is also fueled by new legislation in the retail environment, which gives foreign investors and multinational retail chains access to these markets. These retail chains have organized distribution across these markets, which provides opportunities for setting up food & beverage industries here. The rising importance given to food safety and quality of processed foods by the governments in these countries has increased the need to prevent the deterioration of food with the use of proper packaging technology and investment in refrigerated storage facilities.

The beverages segment, by end-use, is estimated to witness the fastest growth in the food grade gases market in 2018

By end-use, the food-grade gases market is segmented into meat, poultry, and seafood products; dairy & frozen products; beverages; fruits & vegetables; convenience food products; bakery & confectionery products; and others. The beverages segment is estimated to grow at the highest CAGR due to the use of large volumes of food-grade gases, especially carbon dioxide and nitrogen, for carbonation and blanketing. As the demand for carbonated beverages increases, there is a simultaneous growth in the market for food-grade gases.

Make an Inquiry: 

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=9473111

North America is estimated to dominate the food grade gases market, in terms of value, in 2018

The microbrewery culture is also on the rise in the North American market. There are multiple microbreweries present in the region. These microbreweries require carbon dioxide for beer dispensing. Also, the North American soft drinks market is one of the largest, with the presence of all the big brands such as Coca-Cola and PepsiCo. The soft drinks industry is one of the largest users of food-grade carbon dioxide for the carbonation of beverages.

The large beverage industry and rising trends of microbreweries create a huge demand for carbon dioxide in the North American region, with the US being the largest and fastest growing market. Also, because of the presence of highly organized retail chains and cold chain infrastructure, the North American market holds the largest market share in the food-grade gases market.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies. It includes the profiles of leading companies such as The Linde Group (Germany), Air Products & Chemicals (US), Air Liquide (France), The Messer Group (Germany), Taiyo Nippon Sanso (Japan), Wesfarmers Ltd. (Australia), SOL Group (Italy), Gulf Cryo (Kuwait), Air Water, Inc. (Japan), Massy Group (Caribbean), PT Aneka Industri (Indonesia), and The Tyczka Group (Germany)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.