Food-Grade Gases Market Research Report

 

Growth opportunities in the food-grade gases market look promising over the next six years. This is mainly due to increasing enlargement of food & beverage products, the shift by consumers towards natural and convenient products, and continuous innovation in the product offering.

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Food-Grade Gases Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The accelerating number of microbreweries throughout the world is accounted as the most prominent driver fuelling the growth of the global food grade gases market. The augmented application of CO2 gas to carbonate beer, protect spoilage and offer a tang taste, will strengthen the market share. Also, extensive breweries lodge equipment for the reclamation of carbon dioxide to capture it across their fermentation process. The continuous expansion in the development of products in food & beverage sector is further promoting the market growth. Moreover, the increasing inclination of individuals in favor of healthy, convenient, and organic food products has supported the food and beverage producers to conduct innovations in the products. Therefore, the constant transformation in the product is raising their usage, thereby fuelling the market growth. However, the amendments passed by various countries like Europe and North America, primarily to prevent the food from wastage and containment because of the lousy manufacturing and refrigerated storage process will hamper the food-grade gases market size.

Segment Drivers

Based on the type, carbon dioxide is projected to witness a higher CAGR during the forecast period. This is due to its growing implementation of for the carbonization process in beers, soft drinks, etc. This gas is also progressively used in the conservation process of grape juices, wine and other drinks.

Regional Drivers

Based on the regional coverage, North America is expected to lead the market over the forecast period. This is attributed to the ongoing escalation of the beverage sector coupled with the evolving trend of microbreweries, which are fuelling the demand for carbon dioxide. In addition to this, the increasing taste for on-the-go meals as compared to traditional home-cooked meals accompanied by the vigorous demand for bakery and confectionery has raised the market demand,

Food-Grade Gases Market’s leading Manufacturers:

·        Massy Group, Inc.

·        Gulf Cryo

·        Wesfarmers Company

·        THE MESSER GROUP GMBH

·        Air Products Inc.

·        AIR WATER INC.

·        SOL Group

·        TAIYO NIPPON SANSO CORPORATION

·        Air Liquide

·        The Linde Group

Food-Grade Gases Market Segmentation:

Segmentation by Type

·        Carbon Dioxide

·        Nitrogen

·        Oxygen

·        Others

Segmentation by Application

·        Freezing & Chilling

·        Packaging

·        Carbonation

·        Others

Segmentation by End-Use

·        Beverages

·        Meat, Poultry, and Seafood Products

·        Dairy & Frozen Products

·        Fruits & Vegetables

·        Convenience food Products

·        Bakery & Confectionery Products

·        Others

Segmentation by Mode of Supply

·        Bulk

·        Cylinder

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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