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Global Food Grade Gases Market Overview 2033 : Forecasted Market Size And Growth Rate | Linde Group & Praxair Inc., Air Products & Chemicals Inc., Air Liquide SA, The Messer Group GmbH

06-11-2024 01:56 PM CET | Food & Beverage

Press release from: The Business Research Company

Food Grade Gases Global Market Report 2024

Food Grade Gases Global Market Report 2024

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Food Grade Gases Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $10.97 billion In 2028 At A CAGR Of 6.9%.

The food grade gases market size has grown strongly in recent years. It will grow from $7.92 billion in 2023 to $8.41 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to environmental concerns and sustainability, globalization of food trade, demand for ready-to-eat foods, modified atmosphere packaging (map) adoption..

The food grade gases market size is expected to see strong growth in the next few years. It will grow to $10.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for packaged foods, growth in convenience food segment, focus on food safety and quality, expansion in beverage industry, globalization and international trade.. Major trends in the forecast period include sustainable and eco-friendly practices, regulatory compliance, modified atmospheric storage (mas), freezing and cooling applications, carbonation in beverages, quality and safety assurance..

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Food Grade Gases Market Major Segments
The food grade gases market covered in this report is segmented -

1) By Type: Carbon Di Oxide, Nitrogen, Oxygen, Sulfur Dioxide, Other Types
2) By Application: Freezing and Chilling, Packaging, Carbonation, Other Applications
3) By End Use: Dairy and Frozen, Fish and Sea Food, Meat, Beverages, Fruit and Vegetables, Bakery and Confectionery, Other End-Users

Key Driver - Rising Consumer Demand For Frozen And Chilled Foods Drives Growth In Food Grade Gases Market

The increasing consumer demand for frozen and chilled food products is expected to propel the food grade gases market going forward. Frozen and chilled food products refer to food products preserved by rapid freezing and stored in the freezer until used. Food grade gases are used in the packaging of frozen and chilled foods to prevent them from spoiling and ensure they stay fresh for the customers, thus an increase in demand for frozen and chilled foods will help to propel market growth. For instance, according to the 2022 State of the Industry Report, published by the Association for Talent Development, a US-based non-profit association, the demand for frozen and chilled food products has increased significantly as a result of a variety of circumstances. Frozen food sales in the United States will surpass $72 billion in 2022. Therefore, the increasing consumer demand for frozen and chilled food products is driving the food grade gases market.

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Prominent Trend - Product Innovations In Food Grade Gases Market

Major companies operating in the food grade gases market are focusing on developing product innovations such as gas infusion system. A gas infusion system is a process that involves dissolving and distributing a gas into a liquid or solution. For instance, in November 2023, the Xylem, a US-based water technology company, launched Flojet N-Fuser, a new gas infusion system. The Flojet N-Fuser offers a one-of-a-kind, very compact system that can be easily modified based on consumer demand, is simple to install, does not require a particular valve to set up the infusion level, and is simple to use, clean, and maintain. The Flojet N-Fuser is designed for CO2 and nitrogen infusion, allowing operators to achieve varying levels of carbonation or nitro-foam with a variety of liquids, including dairy.

Food Grade Gases Market Players
Major companies operating in the food grade gases market report are Linde Group & Praxair Inc., Air Products & Chemicals Inc., Air Liquide SA, The Messer Group GmbH, Taiyo Nippon Sanso Corporation, Coregas Pty Ltd., PT Aneka Gas Industri TBK, Massy Group Inc., Air Water Inc., Sol Group S.p.A., Gulf Cryo Holding W.L.L., National Gases Limited, Gruppo SIAD S.p.A., Les Gaz Industriels Ltd., Aditya Air Products Pvt. Ltd., Sidewinder Dry Ice & Gas LLC, Axcel Gases, Chengdu Taiyu Industrial Gases Co. Ltd., Yingde Gas Group Ltd., Siddhi Vinayak Industrial Gases Pvt. Ltd., American Welding & Gas Inc., Airgas USA LLC, Cryogenic Gases LLC, Ellenbarrie Industrial Gases Ltd., Iwatani Corporation, Matheson Tri-Gas Inc., Nippon Gases Europe S.A., The Southern Gas Limited, Yara International ASA .

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/food-grade-gases-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the food grade gases market share in 2023. The regions covered in the food grade gases market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food Grade Gases Market Report Structure
3. Food Grade Gases Market Trends And Strategies
4. Food Grade Gases Market - Macro Economic Scenario
5. Food Grade Gases Market Size And Growth
…..
27. Food Grade Gases Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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