Food Grade Gases Market Report | Size, Industry Trends, Growth Factors and Forecast 2024-2032

IMARC Group, a leading market research company, has recently releases report titled "Food Grade Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032." The study provides a detailed analysis of the industry, including the global food grade gases market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How Big is the food grade gases market?

The global food grade gases market size reached US$ 8.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/food-grade-gases-market/requestsample

Factors Affecting the Growth of the Food Grade Gases Industry:

• Increased Demand for Packaged Foods and Beverages:
The global surge in demand for packaged foods and beverages significantly drives the food grade gases market. These gases, such as nitrogen, carbon dioxide, and oxygen, are essential in packaging applications to extend shelf life and maintain product quality. The trend towards convenience foods, due to changing lifestyle patterns and rising urbanization, has led to an increase in the usage of these gases for modified atmosphere packaging. This process helps in preserving the freshness, texture, and nutritional value of packaged foods, thereby enhancing consumer appeal. As the consumption of packaged foods grows worldwide, the demand for food grade gases follows suit, promoting market growth.

• Stringent Food Safety Regulations:

Food safety regulations play a pivotal role in the growth of the food grade gases market. Regulatory bodies across the globe, such as the FDA in the United States and EFSA in Europe, have set stringent standards for the use of gases in food processing to ensure consumer safety. These regulations mandate the purity levels of gases used in food processing and their safe handling and storage. Compliance with these regulations ensures the production of high-quality and safe food products, thereby boosting consumer confidence and demand. The increasing emphasis on food safety and quality standards necessitates the use of certified food grade gases, thereby driving the market.

• Technological Advancements in Food Processing:

Technological advancements in food processing techniques have a significant impact on the food grade gases market. Innovations in processing and packaging technologies have enabled more efficient and effective use of gases, enhancing their application scope. For example, the development of sophisticated gas injection techniques and equipment has improved the precision in carbonation and nitrogenation of beverages. Additionally, advancements in modified atmosphere packaging technology have enabled better control over the gas mixtures, enhancing the preservation of various food products. These technological improvements not only enhance the efficiency of gas usage in the food industry but also open new avenues for market growth.

Food Grade Gases Market Report Segmentation:

Breakup By Type:

• Carbon Dioxide
• Nitrogen
• Oxygen
• Others
Carbon dioxide represented the largest segment due to its extensive use in various food processing and preservation applications.

Breakup By Application:

• Freezing and Chilling
• Packaging and Carbonation
• Others

Packaging and carbonation represented the largest segment because they are fundamental processes in the food industry for maintaining product quality and enhancing taste and appearance.

Breakup By End User:

• Beverages
• Meat and Seafood
• Convenience Food Products
• Others

Meat and seafood represented the largest segment, driven by high consumption and the need for quality preservation methods in this category.

Breakup By Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America emerged as the largest market due to its significant food industry presence and demand for food grade gases in various applications.

Global Food Grade Gases Market Trends:

Food-grade gases, consisting predominantly of nitrogen, carbon dioxide, and oxygen, play a vital role in the food and beverage sector, serving purposes such as packaging, carbonation, and preservation. The surge in demand for packaged and processed foods primarily propels the expansion of this gas market. As consumers increasingly favor convenient, longer-lasting products, the adoption of food-grade gases for Modified Atmosphere Packaging (MAP) has surged. This technology aids in prolonging the shelf life of perishable goods while upholding their quality, a critical aspect within the interconnected global food supply chain. Moreover, the growing preference for carbonated drinks drives the need for carbon dioxide. This growth is further boosted by strict food safety regulations mandating high-quality standards in food processing and packaging, necessitating the utilization of certified food-grade gases.

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐁𝐫𝐨𝐰𝐬𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞: https://www.imarcgroup.com/request?type=report&id=4246&flag=C

Leading Companies Operating in the Global Food Grade Gases Industry:

• Air Liquide S.A.
• Air Products Inc.
• Air Water Inc.
• Coregas Pty Ltd (Wesfarmers Limited)
• Gulf Cryo
• Linde plc
• Massy Group Inc
• SOL Spa
• Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Holdings Corporation)
• The Messer Group GmbH
• Tyczka Polska Sp. z o.o.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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This release was published on openPR.