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Pulished Date September, 2021
ID: 12126
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Food-Grade Industrial Gases Market Segmentation by Type (Nitrogen, Carbon dioxide, and Oxygen); By Application (Packaging, Carbonation, Freezing & Chilling); By End User (Beverages, Dairy & Frozen Products, Meat, Poultry and Seafood) and Region - Industry Forecast of 2021 to 2026

Pulished: September, 2021
ID: 12126
Pages: 180

Food-Grade Industrial Gases Market Value & Growth Rate:

The Global Food-Grade Industrial Gases Market size was valued at US$ 6.8 billion in 2021 and is anticipated to reach US$ 9.4 billion by 2026 and to increase at a CAGR of 6.8% during 2021 and 2026. 

Food-Grade Industrial Gases Market Scenario:

Moreover, the launching of new developments in the food sector and advancement in technologies, mainly in the packaging sector, is responsible for global food-grade industrial gases market revenue. In contrast, food-grade industrial gases are called gases that are utilized as a processing aid and additives to ensure that standards are compiled. At the same time, industrial gases are manufactured for use in industries. These factors tend to increase the global food-grade industrial gases market growth during the foreseen period.

Food-Grade Industrial Gases Market Drivers:

The rising number of microbreweries among several regions is one of the significant factors that drive the global food-grade industrial gases market growth in the upcoming years. Furthermore, the increasing demand for convenience food products and carbonated beverages are also the crucial factors that are in charge of the global food-grade industrial market growth. Beers are indulged with carbon dioxide, which gives them a glistening appearance and a sour flavor while also preventing them from deteriorating. Large-scale brewers typically use CO2 reclamation technology to recover carbon dioxide produced during the fermentation process. According to the Brewers of Europe, European beer production reached an eight-year high in 2017. The market's rise has been assisted by the growing number of independent and microbreweries.

The demand for food-grade industrial gases is being driven by an increase in the use of various types of gases to keep food without losing aroma or texture while also extending shelf life. During the projection period 2021-2026, the market will be driven by the effective use of carbon dioxide in brewing and the production of carbonated beverages. In addition, the industry is growing due to advancements in innovative technology for packing, freezing, and chilling food goods without losing their taste or ingredients. In order to minimize dissolved oxygen and gain acceptable quality, nitrogen is circulated through liquid products. Furthermore, nitrogen is also utilized as a fuel in aerosol-dispensed culinary products, such as creams and cheeses, and to create microbubbles in desserts to improve texture and fluffiness. In the next six years, the rising demand for nitrogen in the food and beverage industry for processing due to the features mentioned above is predicted to impact the market positively. In addition, sizeable oxygen-controlled bulk storage for fruits and vegetables is being used to extend shelf life in the food and beverage business.

Food-Grade Industrial Gases Market Restraints:

Countries include North America and Europe have passed regulations to protect food against deterioration and contamination due to inadequate manufacturing and refrigerated storage practices. As a result, each country has authorized agencies to inspect consumer health issues and the type of material used in food and beverage operations to verify that it is safe for consumption. In addition, all gas cylinders sold to beverage makers are required by law to include product traceability marking on the cylinder, valve, or valve guard. Food-grade gas manufacturers must adhere to these rules, which further act as a significant restraint for the global food-grade industrial gases market. Moreover, food-grade gases must be controlled and readily available at the point of application, and delivery methods are vital for system compatibility and safe transit. Bulk containers, cryogenic cylinders, gas cylinders, and glass bottles are among the storage containers used for this purpose. The safe and proper handling of the stored gases is required in all storage containers. As a result, food-grade gas manufacturers face significant difficulty in preventing danger and environmental hazards linked with their products. These are the essential factors that slow down the global food-grade industrial gases market growth during 2021-2026.

Recent Developments in the Global Food-Grade Industrial Gases Market:

  • On August 12th, 2021, Air Products & Chemicals announced that it had authorized its first hydrogen fueling station for buses and trucks in Shandong Province.

  • Air Liquide introduced ILEGAL gases used in various food segments and applications and added that it has adapted to their client's specific requirements.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2025

Base Year

2020

Forecast Period

2021 - 2026

CAGR

6.8%

Segments Covered

By Product, Type, Consumption, Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

The Linde Group& Praxair, Inc., Air Products & Chemicals, Inc, Air Liquide, The Messer Group GmbH, Taiyo Nippon Sanso, Wesfarmers Ltd., SOL Group, Gulf Cryo, Air Water, Inc., Massy Group

Food-Grade Industrial Gases Market Segmentation:

By Type:

  • Nitrogen
  • Carbon dioxide
  • Oxygen 

Based on type, the carbon dioxide segment held the most prominent global food-grade industrial gases market share owing to the increasing number of microbreweries across the globe. Carbon dioxide is utilized for refrigeration and cooling in both solid (dry ice) and liquid forms. This is because it sublimates to gas at -78.5 °C (-109.3 °F). Therefore, carbonation is commonly utilized in soft drinks, beers, and other alcoholic beverages. In addition, the gas can be used to preserve wine, grape juice, and other juices. Beverage-grade carbon dioxide, used as an ingredient in beverages, should adhere to the strictest EC (E290) and International Society of Beverage Technologists criteria (ISBT). Moreover, the advancement in packaging technologies further increases the demand for carbon dioxide and fuels the global food grade industrial gases market growth in the upcoming years.

By Application:

  • Packaging,
  • Carbonation
  • Freezing & Chilling 

The freezing & chilling application plays the dominant in the global food-grade industrial gases market. It is anticipated to hold the maximum CAGR during the forecast period. The purpose of the food industry is to get rid of microbial deterioration and increase the products' shelf life. Freezing and chilling application is widely used for fighting these microbes. The growth of microorganisms slows dramatically when the temperature falls below the freezing point. Many enzymatic processes are hindered by freezing, making food products more shelf-stable. The possibility of bacterial development is reduced when food is chilled. To keep goods from spoiling, they must be frozen or chilled. The use of food-grade gases is projected to rise as manufacturers, consumers, and merchants demand these technologies. Thus, it further boosts the global food-grade industrial gases market growth in the near future.

By End User:

  • Beverages
  • Dairy & Frozen Products
  • Meat
  • Poultry
  • Seafood

Based on end-user, the beverages segment accounts for the highest share in the global food-grade industrial gases market during 2021-2026. This is because of the rising consumption of various types of beverages demanding gases include carbon dioxide, nitrogen, and others for usage. Moreover, increasing technology in the packaging industry further drives the global food-grade industrial gases market in the upcoming years. 

Food-Grade Industrial Gases Market Regional Analysis: 

The Global Food-Grade Industrial Gases Market Report includes the segmentation of Regions:

  • North America region is a dominant player in the global food-grade industrial gases market due to the increasing number of food and beverage industries. 

  • Asia Pacific tends to grow with the highest CAGR in the global food-grade industrial gases market due to rising consumption of food and beverages by most of the population, mainly in China and India.

  • Increasing technologies in food and packaging industries in Germany further boost the global food-grade industrial gases market growth in the Europe region.

  • Middle East and Africa

  • Latin America

Food-Grade Industrial Gases Market Key Players:

The companies covered in the report include:

  1. The Linde Group& Praxair, Inc.

  2. Air Products & Chemicals, Inc

  3. Air Liquide

  4. The Messer Group GmbH

  5. Taiyo Nippon Sanso

  6. Wesfarmers Ltd.

  7. SOL Group

  8. Gulf Cryo

  9. Air Water, Inc.

  10. Massy Group

 

1. Introduction                             

              1.1 Market Definition                  

              1.2 Scope of the report               

              1.3 Study Assumptions               

              1.4 Base Currency, Base Year and Forecast Periods                       

2. Research Methodology                                       

              2.1 Analysis Design                      

              2.2 Research Phases                    

                             2.2.1 Secondary Research          

                             2.2.2 Primary Research 

                             2.2.3 Data Modelling    

                             2.2.4 Expert Validation 

              2.3 Study Timeline                       

3. Report Overview                                    

              3.1 Executive Summary              

              3.2 Key Inferencees                     

4. Market Dynamics                                   

              4.1 Impact Analysis                      

                             4.1.1 Drivers     

                             4.1.2 Restaints 

                             4.1.3 Opportunities       

              4.2 Regulatory Environment                    

              4.3 Technology Timeline & Recent Trends                         

5. Competitor Benchmarking Analysis                                

              5.1 Key Player Benchmarking                   

                             5.1.1 Market share analysis       

                             5.1.2 Products/Service  

                             5.1.3 Regional Presence

              5.2 Mergers & Acquistion Landscape                   

              5.3 Joint Ventures & Collaborations                     

6. Market Segmentation                                          

              6.1 Food-Grade Industrial Gases Market , By Type                        

                             6.1.1 Nitrogen  

                             6.1.2 Carbon dioxide    

                             6.1.3 Oxygen    

                             6.1.4 Market Size Estimations & Forecasts (2021-2026) 

                             6.1.5 Y-o-Y Growth Rate Analysis            

                             6.1.6 Market Attractiveness Index          

              6.2 Food-Grade Industrial Gases Market , By Application                          

                             6.2.1 Packaging

                             6.2.2 Carbonation         

                             6.2.3 Freezing & Chilling             

                             6.2.4 Market Size Estimations & Forecasts (2021-2026) 

                             6.2.5 Y-o-Y Growth Rate Analysis            

                             6.2.6 Market Attractiveness Index          

              6.3 Food-Grade Industrial Gases Market , By End User                

                             6.3.1 Beverages

                             6.3.2 Dairy & Frozen Products   

                             6.3.3 Meat        

                             6.3.4 Poultry     

                             6.3.5 Seafood   

                             6.3.6 Market Size Estimations & Forecasts (2021-2026) 

                             6.3.7 Y-o-Y Growth Rate Analysis            

                             6.3.8 Market Attractiveness Index          

7. Geographical Landscape                                     

              7.1 Global Identity Governance and Administration Market, by Region                            

              7.2 North America - Market Analysis (2021 - 2026)                        

                             7.2.1 By Country            

                                           7.2.1.1 USA

                                           7.2.1.2 Canada

                             7.2.2 By Type    

                             7.2.3 By Application      

                             7.2.4 By End User          

              7.3 Europe                      

                             7.3.1 By Country            

                                           7.3.1.1 UK

                                           7.3.1.2 France

                                           7.3.1.3 Germany

                                           7.3.1.4 Spain

                                           7.3.1.5 Italy

                                           7.3.1.6 Rest of Europe

                             7.3.2 By Type    

                             7.3.3 By Application      

                             7.3.4 By End User          

              7.4 Asia Pacific                

                             7.4.1 By Country            

                                           7.4.1.1 China

                                           7.4.1.2 India

                                           7.4.1.3 Japan

                                           7.4.1.4 South Korea

                                           7.4.1.5 South East Asia

                                           7.4.1.6 Australia & NZ

                                           7.4.1.7 Rest of Asia-Pacific

                             7.4.2 By Type    

                             7.4.3 By Application      

                             7.4.4 By End User          

              7.5 Latin America                         

                             7.5.1 By Country            

                                           7.5.1.1 Brazil

                                           7.5.1.2 Argentina

                                           7.5.1.3 Mexico

                                           7.5.1.4 Rest of Latin America

                             7.5.2 By Type    

                             7.5.3 By Application      

                             7.5.4 By End User          

              7.6 Middle East and Africa                       

                             7.6.1 By Country            

                                           7.6.1.1 Middle East

                                           7.6.1.2 Africa

                             7.6.2 By Type    

                             7.6.3 By Application      

                             7.6.4 By End User          

8. Key Player Analysis                                

              8.1 The Linde Group& Praxair, Inc.                       

                             8.1.1 Business Description         

                             8.1.2 Products/Service  

                             8.1.3 Financials

                             8.1.4 SWOT Analysis     

                             8.1.5 Recent Developments       

                             8.1.6 Analyst Overview 

              8.2 Air Products & Chemicals, Inc                          

              8.3 Air Liquide                

              8.4 The Messer Group GmbH                  

              8.5 Taiyo Nippon Sanso              

              8.6 Wesfarmers Ltd.                    

              8.7 SOL Group                

              8.8 Gulf Cryo                   

              8.9 Air Water, Inc.                        

              8.10 Massy Group                        

9. Market Outlook & Investment Opportunities                             

Appendix                                       

              List of Tables                   

              List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Food-Grade Industrial Gases  Market By Region, From 2021-2026 ( USD Billion )

  2. Global Food-Grade Industrial Gases  Market By Type, From 2021-2026 ( USD Billion )

  3. Global Nitrogen Market By Region, From 2021-2026 ( USD Billion )

  4. Global Carbon dioxide Market By Region, From 2021-2026 ( USD Billion )

  5. Global Oxygen Market By Region, From 2021-2026 ( USD Billion )

  6. Global Food-Grade Industrial Gases  Market By Application, From 2021-2026 ( USD Billion )

  7. Global Packaging Market By Region, From 2021-2026 ( USD Billion )

  8. Global Carbonation Market By Region, From 2021-2026 ( USD Billion )

  9. Global Freezing & Chilling Market By Region, From 2021-2026 ( USD Billion )

  10. Global Food-Grade Industrial Gases  Market By End User , From 2021-2026 ( USD Billion )

  11. Global Beverages Market By Region, From 2021-2026 ( USD Billion )

  12. Global Dairy & Frozen Products Market By Region, From 2021-2026 ( USD Billion )

  13. Global Meat Market By Region, From 2021-2026 ( USD Billion )

  14. Global Poultry Market By Region, From 2021-2026 ( USD Billion )

  15. Global Seafood Market By Region, From 2021-2026 ( USD Billion )

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