Food Grade Gases Market by Type, Application, Region - 2023 - PowerPoint PPT Presentation

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Food Grade Gases Market by Type, Application, Region - 2023

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The global food-grade gases market is estimated to be valued at USD 5.9 billion in 2018 and is projected to reach USD 8.1 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growing demand for convenience food products and carbonated beverages have significantly fueled the market for food-grade gases. Further, with the introduction of new products in the food industry and advancements in packaging technologies, there has been a growing need for food-grade gases for various end-uses. – PowerPoint PPT presentation

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Title: Food Grade Gases Market by Type, Application, Region - 2023


1
MarketsandMarkets Presents
Food Grade Gases Market - Forecast to 2023
https//www.marketsandmarkets.com/Market-Reports/f
ood-grade-industrial-gases-market-9473111.html
2
The report "Food Grade Gases Market by Type
(Carbon Dioxide, Nitrogen, Oxygen), Application
(Freezing Chilling, Packaging, Carbonation),
End-Use (Dairy Frozen Products, Beverages,
Meat, Poultry Seafood), and Region - Global
Forecast to 2023", The food-grade gases market is
estimated to be valued at USD 5.9 billion in 2018
and is projected to reach USD 8.1 billion by
2023, at a CAGR of 6.7 from 2018 to 2023.
Shifting consumer preferences toward convenient
food packaging owing to their on-the-go
lifestyles and the growing number of
microbreweries across all regions are some of the
factors driving the growth of the food-grade
gases market. Browse 75 market data Tables
and 60 Figures spread through 171 Pages and
in-depth TOC on "Food Grade Gases Market - Global
Forecast to 2023 North America is estimated to
dominate the food grade gases market, in terms of
value, in 2018 The microbrewery culture is also
on the rise in the North American market. There
are multiple microbreweries present in the
region. These microbreweries require carbon
dioxide for beer dispensing. Also, the North
American soft drinks market is one of the
largest, with the presence of all the big brands
such as Coca-Cola and PepsiCo. The soft drinks
industry is one of the largest users of
food-grade carbon dioxide for the carbonation of
beverages. The large beverage industry and
rising trends of microbreweries create a huge
demand for carbon dioxide in the North American
region, with the US being the largest and fastest
growing market. Also, because of the presence of
highly organized retail chains and cold chain
infrastructure, the North American market holds
the largest market share in the food-grade gases
market. Download PDF Brochure https//www.markets
andmarkets.com/pdfdownloadNew.asp?id9473111
3
  • Report Objectives
  • Determining and projecting the size of the
    food-grade gases market, with respect to type,
    end-use, mode of supply, application, and region,
    over a five-year period ranging from 2018 to 2023
  • Identifying the attractive opportunities in the
    market by determining the largest and
    fastest-growing segments across the key regions
  • Analyzing the demand-side factors on the basis of
    the following
  • Impact of macro- and micro-economic factors on
    the market
  • Shifts in demand patterns across different
    subsegments and regions
  • Identifying and profiling key market players in
    the food-grade gases market
  • Determining the market share of key players
    operating in the food-grade gases market
  • Understanding the competitive landscape and
    identifying the major growth strategies adopted
    by players across regions.
  • Key Market Players
  • The key players profiled in the food-grade gases
    market include The Linde Group (Germany), Air
    Products Chemicals, Inc. (US), Air Liquide
    (France), Wesfarmers Limited (Australia), The
    Messer Group GmBH (Germany), SOL Group (Italy),
    Taiyo Nippon Sanso (Japan), Gulf Cryo (Kuwait),
    Massy Group (Carribean), PT Aneka Gas Industri
    (Indonesia), The Tyczka Group (Germany), and Air
    Water, Inc. (Japan).
  • Make an Inquiry https//www.marketsandmarkets.com
    /Enquiry_Before_BuyingNew.asp?id9473111

4
By application, the freezing chilling segment
is projected to account for the largest share in
the food-grade gases market The food industrys
key challenges are to avoid microbial
deterioration and increase the shelf life of
products. One of the most effective methods of
fighting these microbes is by chilling freezing
the products. When the temperature is lowered
below the freezing point, the growth of
micro-organisms decreases rapidly. Freezing slows
down many enzymatic processes as well, thereby
making food products more shelf stable. Chilling
a food product reduces the risk of bacterial
growth. The freezing and chilling of foods are
essential to prevent spoilage. As manufacturers,
consumers, and retailers demand these
technologies, the use of food-grade gases is
expected to increase. The dominance of the
carbon dioxide segment in the food-grade gases
market is attributed to the growing number of
microbreweries across the world Carbon dioxide
is used for refrigeration and cooling in solid
(dry ice) and liquid forms. This is because it
sublimates to gas at a very low temperature of
-78.5 C (-109.3 F). It is widely used for
carbonation in soft drinks, beers, and other
alcoholic drinks. The gas has applications in
conserving wine, grape juices, and other juices.
Beverage-grade carbon dioxide, which is
considered an ingredient in the beverage
industry, should be compliant with the strongest
regulations of the EC (E290) and International
Society of Beverages Technologists (ISBT). Carbon
dioxide is also used for Modified Atmosphere
Packaging (MAP) it is injected and frequently
removed to eliminate oxygen from the package. Due
to the advancement in packaging technologies, the
demand for carbon dioxide is projected to remain
the highest in the food-grade gases
market.Request Sample https//www.marketsandmark
ets.com/requestsampleNew.asp?id9473111  
5
  • Recent Developments
  • In October 2018, Linde AG (Germany) merged with
    Praxair, Inc.(US) to form Linde Plc. This merger
    would further enhance the market position of both
    the players in the food-grade gases market.
  • In July 2018, Messer Group (Germany) along with
    CVC Capital Partners Fund VII (CVC) acquired
    the majority of Lindes (Germany) gases business
    in North America and certain business activities
    in South America.
  • In May 2017, Praxair Inc. (US) launched XactCO2,
    an innovative beverage carbonation solution for
    restaurants and bars.
  • In September 2017, Air Products Chemicals (US)
    launched Freshline LIN-IS system, which uses
    liquid nitrogen to deliver rapid and precise
    temperature control to a blender or mixer/grinder
    and enables food manufacturers to optimize
    processing speed and product quality.
  • Key questions addressed by the report
  • What are the growth opportunities for the
    food-grade gases market?
  • What are the major technologies used in the
    food-grade gases?
  • What are the key factors affecting the market
    dynamics?
  • What are some of the major challenges and
    restraints that the industry faces?
  • Speak to Analyst https//www.marketsandmarkets.c
    om/speaktoanalystNew.asp?id9473111 

6
Contact Us
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.comBlog _at_
https//mnmblog.org/market-research/agriculture Co
nnect with us on LinkedIn _at_ http//www.linkedin.co
m/company/marketsandmarkets
7
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