Food Grade Gases Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2030)


Posted March 4, 2024 by mansi3210

Food Grade Gases Market are used during the production stage of food as an additive or processing aid to maintain the quality and standards of the food.

 
Food Grade Gases Market are used during the production stage of food as an additive or processing aid to maintain the quality and standards of the food. Food grade gases are extensively used in the food & beverages industry for a variety of applications including freezing, packaging, and carbonation of food products. Some of the common food grade gases are carbon dioxide, nitrogen, and oxygen. These gases can also be used alone or with certain combinations. The global food grade gases market is projected to grow at a modest CAGR of 4.2% during the forecast period (2024-2030). The key aspect that drives the growth of the market includes the variety of benefits offered by the food grade gases. For instance, carbon dioxide and nitrogen are utilized for the rapid freezing of food products and extend the shelf life of the food product. These gases are also used to get the right texture of food products and for the optimization of the wine production process along with the improvement of the quality. Food grade gases also keep the food product safe, hygienic, and maintaining the quality of foods. Hence, attributing to such benefits offered by the food grade gases, the market is likely to witness a sharp growth in the forecast period.

Another factor that catalyzes the food grade gases market growth is the growing consumption of packaged food across the globe. The quickening pace of life and changing lifestyles of the people has made them consume more packaged food. The packaged food industry is also driven substantially by the rising urbanization, increasing consumer spending, and the expansion of food retailers across the globe. Hence, this further demands the key ingredients including food grade gases for food preservation and enhancing the shelf life; which, in turn, contributes to the growth of the market over the forecast period.

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Market Coverage

Market number available for – 2023-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Food Grade Gases Market – Segmentation

By Gas Type

Oxygen
Carbon Dioxide
Nitrogen
Sulphur Dioxide
Others
By Application

Freezing & Chilling
Packaging
Carbonation
Others
By End-Use

Beverages
Fruits & Vegetables
Dairy & Frozen Products
Meat, Poultry, & Seafood Products
Bakery & Confectionery Products
Convenience Food Products
Others (Sauces, Oil)
A full report of Food Grade Gases Market available @ https://www.omrglobal.com/industry-reports/food-grade-gases-market

Food Grade Gases Market – Segmentation by Region

North America

United States
Canada
Europe

UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World

Latin America
Middle East & Africa
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About Orion Market Research

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Issued By MANSI
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Categories Business , Food
Last Updated March 4, 2024