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Forecast on Food Grade Industrial Gases Market for the Period (2015-2025)

10-04-2017 02:46 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Forecast on Food Grade Industrial Gases Market for the Period

Industrial gases are a group of gases which are manufactured precisely to use in a different industries, such as petrochemical, chemical, oil and gases, food, water and mining industry etc. Food grade gases are defined as gases which are used in food industries as a processing aid or additive.Nitrogen, oxygen and carbon dioxide are the common gases used in food industries. The latest advancement in packaging, chilling, and freezing technologies is driving the market for food grade industrial gases. Consumers are demanding food in its fresh and pure form, regardless of season and location, everything from exotic fruits to the staple diet are expected to be available all the year round at affordable prices. With increasing demand and rise in consumption of packaged foods including carbonated beverages, dairy & frozen products, meat, fish & seafood, bakery & confectionery products and fresh fruits & vegetables, the consumption of food grade industrial gases is increasing.

Food Grade Industrial Gases Market: Segmentation

Food grade industrial gases are segmented on the basis of gas type as nitrogen, carbon dioxide, oxygen and others (hydrogen and argon).Nitrogen is used in packaging technology and to solve the spoilage problem. Nitrogen is also used as inert gas. Carbon dioxide is used in cooling, freezing, modified atmosphere packaging and carbonization of beer and sodas and also extending shelf life of packaged foods by hampering the growth of bacteria. Oxygen is mainly used in modified atmosphere packaging and usually used in combination with carbon dioxide and/or nitrogen to have improved results. Oxygen is also used in packaging of fresh fruits to maintain its freshness by maintaining oxygen level in packet and also used to maintain the colour of the packed meat. On the basis of application type food grade industrial gases market is segmented into freezing & chilling, packaging, carbonation and others (purging). On the basis of product type food grade industrial gases is segmented as dairy & frozen products, beverages, fruits & vegetables, meat, fish & seafood, bakery & confectionery and others.

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Food Grade Industrial Gases Market: Region-wise Outlook

Food grade industrial gases market is segmented on the basis of region includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa. North America and Europe are established markets for food grade industrial gases and emerging economies such as Asia Pacific provide opportunities for growth in forecast period. Increasing technological advancement in processing and rising consumption of food products in Asia Pacific and China is expected to promote highest use of food grade industrial gases demand.

Food Grade Industrial Gases Market: Drivers

Food grade industrial gases are used in various application such as chilling, freezing, packaging, shelf life extension, preservation and carbonation of various drinks. Increasing health consciousness is major driver for usage of gases, as consumer wants food products to be without or minimal preservatives, without chemical treatments and less processed and in its natural forms. Food manufacturers and distributors are forced to use food grade gases to fulfill consumer’s demands of safe food right from manufacturing stage to consumption stage. New packaging techniques like modified atmosphere packaging and controlled storage conditions specifications in food & beverage industry is expected to increase food industrial gases demand in forecast period.

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Food Grade Industrial Gases Market: Key Players

The key international players operating in food grade industrial gases market includes Air Gas , Air Liquide S.A., Air Products Praxair , Emirates Industrial Gases, Gulf Cryo, Matheson Tri-Gas Inc., Messer Group, Parker, Sol-SPA , The Linde Group.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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