Comprehensive historical analysis of the global market for Food Grade Gases has been thoroughly analyzed in this report. It offers data and insights from 2019-2022 and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Food Grade Gases market.
The Food Grade Gases is projected to exceed USD 14.3 billion by 2032, growing at a CAGR of 6.6% from 2022 to 2032.
The report includes growth prospects in the global Food Grade Gases market by type, application, sub segement, and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Food & Beverages and other sectors. Regional coverage spans North America, Europe, and the rest of the world including Asia Pacific.
To meet food quality standards, food grade gases are utilized as a processing aid or as an additive. Food grade gases play an essential role during the food packaging procedure and whole preservation. These gases are primarily utilized to freeze, chill, grind, and package a wide range of goods, including beverages, bakery & dairy items, fruits & vegetables, meat & poultry, and prepared meals.
The global food-grade gas market is a rapidly growing industry that supplies gases such as carbon dioxide, nitrogen, and oxygen to the food and beverage industry. These gases are used in various applications such as packaging, carbonation, and freezing, to improve the quality and safety of food products. The market is driven by the increasing demand for convenience food, a growing population, and changing lifestyles. The food grade gases market is also witnessing an increasing trend toward the adoption of natural and eco-friendly gases.
The market is dominated by a few major players, such as Air Liquide, Linde AG, Air Products and Chemicals Inc., and Praxair Inc. These companies are expanding their product portfolios through strategic mergers and acquisitions and investing in research and development to develop new and innovative products.
For instance, in October 2022, Linde worked together with JSL to increase the manufacturing capacity of JSL’s group in Kalinga Nagar. Linde primarily provides carbon dioxide, argon, and oxygen to this plant.
Leading players of Food Grade Gases include:
- Linde PLC.
- Air Products & Chemicals, Inc.
- The Messer Group GmbH
- Lez Gas Industriels Ltd.
- Chengdu Taiya Industrial Gases Co.
- Yingde Gas Group Shanghai
- American Welding & Gas
- Massy Group, Inc.
- Air Source Industries
- Purity Cylindrical Gases
- Cryogenic Gases
- Gulf Cryo
- Air Water Inc.
- Wesfarmers Limited
- Air Liquide
- Others
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Market split by Segement can be divided into:
By Type
- Oxygen
- Nitrogen
- Carbon Dioxide
- Others
By Application
- Packaging
- Freezing & Chilling
- Carbonation
- Others
By Industry
- Beverages,
- Dairy & Frozen Products,
- Meat, Poultry & Seafood
- Others
Market segment by Region/Country including:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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In October 2022, Abdullah Hashim Industrial Gases & Equipment Co. Ltd., an Air Products Middle East Merchant Industrial Gas Joint Venture, acquired Air Liquide's Merchant Industrial Gases Business in the Kingdom of Saudi Arabia.
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What's covered in the report?
- 1. Overview of the Food Grade Gases market.
- 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Food Grade Gases market, based on segement.
- 3. Food Grade Gases Market Trends.
- 4. Food Grade Gases Market drivers.
- 5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Food Grade Gases market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Food Grade Gases Industry.
3. Leading company profiles reveal details of key Food Grade Gases market players' emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Food Grade Gases market with five-year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe, and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Food Grade Gases market over the upcoming seven years
7. Accurate estimation of the global Food Grade Gases market size
8. Exact estimations of the upcoming trends and changes observed in consumer behavior
9. Growth of the global Food Grade Gases market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Food Grade Gases market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis various vendors
12. Furnishing detailed information on the factors that will restrain the growth of the Food Grade Gases market
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