The global food-grade gases market size is expected to reach USD 9.77 Billion at a steady CAGR of 6.3% in 2028, according to latest analysis by Emergen Research. Robust projected revenue growth can be attributed to increasing government incentives and policies in various developed and developing countries to promote exports of food and dairy products, vegetables, meats, and seafood. Rising demand for healthy, safely packed, and tasty food products is opening up major revenue opportunities for players operating in frozen, chilled, and packaged food products verticals in the market. Global food-grade gases market revenue growth is also being driven by research and development and various technological advancements to enhance shelf life and maintain quality of packaged and frozen food products.
The Food-Grade Gases market report focuses on the economic developments and consumer spending trends across different countries for the forecast period 2021 to 2028. The research further reveals which countries and regions will have a better standing in the years to come. Apart from this, the study talks about the growth rate, market share as well as the recent developments in the Food-Grade Gases industry worldwide. Besides, the special mention of major market players adds importance to the overall market study.
Modified Atmospheric Packaging (MAP) opens up more lucrative opportunities for packaged food product manufacturers to deploy technologies based on freezing and chilling to reduce microbial growth in food products. In addition, major companies are increasingly investing in packaging technologies such as cryogenics and Individual Quick Freezing (IQF) that enhances the shelf life of dairy products, retains taste and texture of food products, and reduces need for natural and artificial preservatives in food and beverages.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Food-Grade Gases market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Food-Grade Gases market landscape.
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The Food-Grade Gases research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
The key companies studied in the report are:
Air Liquide, Air Products and Chemicals, Inc., AIR WATER INC, Coregas, Gulf Cryo, Linde plc, SOL Spa, TAIYO NIPPON SANSO CORPORATION, Massy Gas Products (Trinidad) Ltd., Messer Group., Gruppo SIAD, and Praxair Technology, Inc.
For the purpose of this report, Emergen Research has segmented the global food-grade gases market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Meat & Seafood
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Region wise performance of the Food-Grade Gases industry
North America Food-Grade Gases market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Food-Grade Gases growth strategies and initiatives.
Asia Pacific Food-Grade Gases market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Food-Grade Gases market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Food-Grade Gases market revenue growth in Asia Pacific.
Europe Food-Grade Gases market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Food-Grade Gases market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Food-Grade Gases revenue growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The report addresses the following key points:
The report estimates the expected market size from 2021-2028
The report provides a forecast of market drivers, restraints, and future opportunities for the Food-Grade Gases market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2028
Chapter 3. Key Insights
Chapter 4. Global Food-Grade Gases Market Segmentation & Impact Analysis
4.1. Global Food-Grade Gases Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Increasing demand for customized medicine
18.104.22.168. Rising focus on drug discovery
4.2.3. Market restraints analysis
22.214.171.124. Lack of skilled professionals.
126.96.36.199. Requirement of high capital investment.
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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