According to IMARC Group’s latest report, titled “Food Grade Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global food grade gases market exhibited XX growth during 2015-2020. Food grade gases refer to specialized gases used in packaging, freezing, preservation, carbonation, etc., of food and beverages. Argon, nitrogen, oxygen, hydrogen, carbon dioxide, etc., are some examples of these gases. They are used in food preparation as an additive to reduce moisture and oxygen content of food for storage, as propellants in aerosol dispensed food items, such as creams and cheeses, and to create microbubbles in desserts for improved texture and fluffiness.
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The expanding food and beverage industry is one of the key factors positively influencing the market growth for food grade gases. Moreover, the elevating demand for premium-quality meat and seafood products is further augmenting the demand for food grade gases. Additionally, the rising adoption of modified air packaging (MAP) solutions is acting as another growth-inducing factor. Furthermore, food grade gases retain the freshness of packaged food, especially organic fruits and vegetables and meat products, and enhance the shelf-life of pasta and cheese without using synthetic chemicals. As a result, they are gaining traction across various establishments, including hotels, cafes, quick serving restaurants (QSRs), microbreweries, etc. Several other factors, such as the elevating expenditure capacities of consumers and the growing consumption of packaged food products, are anticipated to propel the food grade gases market over the forecasted period. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Air Liquide S.A.
Air Products Inc.
Air Water Inc.
Coregas Pty Ltd (Wesfarmers Limited)
Massy Group Inc
Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Holdings Corporation)
The Messer Group GmbH
Tyczka Polska Sp. z o.o.
Breakup by Type:
Breakup by Application:
Freezing and Chilling
Packaging and Carbonation
Breakup by End User:
Meat and Seafood
Convenience Food Products
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
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