Categories: Market Research

Global Food Grade Gases Market Size and Forecast 2024-2033|Linde Group & Praxair Inc., Air Products & Chemicals Inc., Air Liquide SA, The Messer Group GmbH, Taiyo Nippon Sanso Corporation

The Food Grade Gases by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Food Grade Gases, 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.

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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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

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.

The food grade gases market report table of contents includes:

1. Executive Summary

2. Food Grade Gases Market Characteristics

3. Food Grade Gases Market Trends And Strategies

4. Food Grade Gases Market – Macro Economic Scenario

5. Global Food Grade Gases Market Size and Growth

26. South America Food Grade Gases Market

27. Brazil Food Grade Gases Market

28. Middle East Food Grade Gases Market

29. Africa Food Grade Gases Market

30. Food Grade Gases Market Competitive Landscape And Company Profiles

Top Major Players: