Title: Food Grade Gases Market Latest trends and Status 2020-2027
1Food Grade Gases Market To Reach USD 8.10 Billion
By 2026
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2 Market Summary
The extensive demand for ready-to-eat (RTE)
convenience foods, increasing industry size for
processed food items and continuously improving
packaging methods are key factors contributing to
the modest CAGR of Food Grade Gases during the
forecast period. Market Size USD 5.90 Billion
in 2018, Market Growth - CAGR of 6.6, Market
Trends launch of differentiated products,
rising demand due to growth of flavoured frozen
foods.
3 Our Approach
Market Summary
- According to the current analysis of Reports and
Data, the global Food Grade Gases market was
valued at USD 5.90 Billion in 2018 and is
expected to reach USD 8.10 Billion by year 2026,
at a CAGR of 6.6. Food grade gases are mainly
used as additives and processing aids in beverage
manufacturing and food packaging purposes. It is
necessary that food grade gases comply with the
standards set up by the concerned regulatory and
governing bodies. The beverage industry finds
ample usage of food grade gases in functions such
as beverage storage, mixing, transport and
dispensation. Moreover, manufacturers use
nitrogen-based food grade gases to extend the
shelf-life of packaged food and to prevent
aerobic microbial growth. The consumer spending
on food and beverages is on a rapid rise. All
these factors together are boosting demand for
food grade gases on the global scale. - Nitrogen is widely used in breweries to purge
tanks and to prevent the pollution of the next
batch with harsh and sour flavors because of the
oxidation of residual mash, wort, or beer. An
increase in the number of breweries especially in
the western countries will also drive the growth
of food grade industrial gases market. - Request for a sample of this research report _at_
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4 Our Approach
Market Summary
- Further key findings from the report suggest
- Food grade gases ensure the prevention of food
spoilage while transportation till it reaches the
end consumer. Food products like fatty fish and
meat are particularly susceptible to decay. With
the expanding meat market, the market is also
witnessing an increasing demand which is
forecasted to stay growing through the forecasted
period. - The popularity and rise in the number of
microbreweries in the North American and European
countries is also pushing up the demand for the
industrial food grade gases, since the latter
play a very significant role in the preservation
and dispensation of these beverages. - There is an upcoming trend of consuming
region-inspired flavored and protein-based
dietary foods. These have enhanced the demand for
packaged food products for frozen meat, poultry
and seafood in particular. - To identify the key trends in the industry, click
on the link below https//www.reportsanddata.com/
report-detail/food-grade-gases-market
5 Our Approach
Market Summary
- Key participants Include The Linde Group, AGA
Industries, Air Liquide, The Messer Group GmbH,
SOL Group, Taiyo Nippon Sanso, Air Water Inc.,
Praxair, Novogas Ltd. and Gulf Cryo. - For the purpose of this study, Reports and Data
have segmented the Food Grade Gases market on the
basis of product type, supply type, application,
end use, and region - Product Type (Revenue, USD Million 20162026)
- Carbon dioxide
- Nitrogen
- Oxygen
- Others
- Supply Type (Revenue, USD Million 20162026)
- Bulk
- Cylinder
6 Our Approach
Market Summary
- Application (Revenue, USD Million 20162026)
- Freezing and Chilling
- Packaging
- Carbonation
- Others
- End Use (Revenue, USD Million 20162026)
- Beverages
- Meat, Poultry and Seafood Products
- Dairy and Frozen Products
- Fruits and Vegetables
- Convenience Food Products
- Bakery and Confectionery Products
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7 Our Approach
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