Dry Ice Market Insights
According to MRFR analysis, the dry ice market is expected to register a CAGR of 6.40% from 2022 to 2030 and hold a value of over USD 670 million by 2030.
The Dry Ice Market refers to the global market for the production, distribution, and consumption of dry ice, which is solid carbon dioxide in the form of a block or pellet. Dry ice is used in various industries such as food and beverage, pharmaceuticals, transportation, and manufacturing, for applications including refrigeration, freezing, and transportation of goods. The market encompasses various players including dry ice manufacturers, distributors, and end-users, and is influenced by factors such as demand and supply, pricing, regulations, and technological advancements in the dry ice production process.
Get a Free Sample PDF File @ https://www.marketresearchfuture.com/sample_request/8610
The COVID-19 pandemic has had a significant impact on the Dry Ice Market, with both positive and negative effects. On the positive side, the demand for dry ice has increased during the pandemic due to the need for vaccines and various medical supplies to be transported and stored at ultra-low temperatures, for which dry ice is an essential component.
On the negative side, the COVID-19 pandemic has disrupted the global supply chain, causing shortages and price volatility for raw materials, transportation, and other inputs required for dry ice production.
Regional Analysis
North America is the largest region in the Dry Ice Market, accounting for the majority of the market share. The region’s dominance can be attributed to the well-established cold chain infrastructure and increasing demand from various industries such as food and beverage, healthcare, and pharmaceuticals.
In North America, the United States is the largest market for dry ice, followed by Canada and Mexico. The region’s market is primarily driven by the growing demand for frozen food products, increasing healthcare expenditure, and rising demand for the transportation of temperature-sensitive products.
Market Segmentation
The dry ice market has been segmented into type and application.
Based on the type, the market has been segmented into pellets and blocks.
Based on the application, the market has been segmented into food and beverages, storage and transportation, healthcare and industrial cleaning.
Read More About Report Details @ https://www.marketresearchfuture.com/reports/dry-ice-market-8610
Key Players
Some of the key market players are:
Discover more research Reports on Food, Beverages & Nutrition, by Market Research Future:
Ice cream Market Research Report Information By Product Type (Sticks/ Bars, Cones & Cups, Tubs & Bricks, and Others), Flavor Type (Chocolate, Vanilla, Tutti-Frutti, Blends, and Others), Category (Dairy-Based and Non-Dairy) Distribution Channel (Store-Based and Non-Store-Based) and By Region (North America, Europe, Asia-Pacific, Rest of the World) – Forecast Till 2030
Global Clear Ice Makers Market: Information by Type (Flake Ice Makers, Ice Cube Makers, Nugget Ice Makers and others), Category (Mass-Market and Premium), End-Use (Residential and Commercial), Distribution Channel (Store-Based {Supermarkets & Hypermarkets and Specialty Stores} and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2027
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact:
Market Research Future®
99 Hudson Street, 5Th Floor.
New York, New York 10013
United States of America