Food Grade Gases Market, Business Will Grow in 2026, Prominent Players: Air Liquide SA, Air Products and Chemicals, Inc., Air Water Inc., Coregas Pty Ltd., Coregas Pty Ltd., Gulf Cyro, Linde Plc

AMR team is working exclusively on COVID-19 impact on various Food Grade Gases Market. The COVID-19 update is in progress and our research team is doing primary research activity to find out the revised growth curve of across all the industries at country level. Conducting an exclusive study keeping COVID-19 in mind would help client to interpret the economic impact in near-terms of and long term future. AMR research team is also tracking the changing dynamics of Food Grade Gases industry along with its immediate impact on the market.

Food Grade Gases Market by Type (Carbon Dioxide, Nitrogen, and Others), Application (Freezing & Chilling and Packaging & Carbonation), and End User (Beverages, Meat & Seafood, and Packaged Products): Global Opportunity Analysis and Industry Forecast, 2019-2026". According to the report, the global food grade gases industry was pegged at $6.4 billion in 2018 and is projected to garner $8.1 billion by 2026, registering a CAGR of 3.2% from 2019 to 2026.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6146

Increase in adoption of food grade gases in the food industry has boosted the growth of the global food grade gases market. However, stringent regulations and standards set by the government restrict the growth of the market. On the other hand, continuous investment for upgrading the high-tech food preservation technology is expected to create lucrative opportunities in the near future.

Carbo dioxide to lead the trail during 2019-2026

Based on type, the carbon dioxide segment accounted for the largest share in 2018, accounting for more than two-fifths of the total market. As carbon dioxide is used to provides fizz and increases taste of soft drinks, and carbonate wines and beers. On the other hand, the nitrogen segment is estimated to register the fastest growing CAGR of 3.5% throughout the study period, owing to the use of nitrogen gas to purge food packaging of oxygen.

Packaging and carbonation segment to rule throughout 2019-2026

Based on application, the packaging & carbonation segment held the highest share in 2018, accounting for nearly three-fifths of the total market share. This is because it protects packaged food by preventing unwanted chemical reactions. However, the chilling and freezing segment is expected to register the fastest CAGR of 4.5% throughout the study period. This is due to its use for freezing and chilling in food industries.

Major market players
o Air Liquide SA,
o Air Water Inc.
o Gulf Cyro, Linde Plc, SOL Group
o Taiyo Nippon Sanso Corporation
o The Massy Gas Products (Trinidad) Ltd
o The Messer Group GmbH
o Air Products and Chemicals, Inc
o Coregas Pty Ltd

North America to dominate the market throughout 2019-2026
Based on region, the market across North America held lion's share in 2018, accounting for nearly two-fifths of the total market share. This is due to increase in health-conscious population. On the other hand, Asia-Pacific would grow at the fastest CAGR 5.5% throughout the forecast period. The increasing disposable income, rise in growth of urbanization and increasing retail network in countries like India, China, and Japan is routinely increasing the demand for packaged products and meat & seafood. In addition, increasing demand for beverages like soft drinks, fitness drinks, fruit juices, packaged food products, and others results in increasing the growth of food grade gases market.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6146

Contact:

David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.