Food-Grade Industrial Gases Market

Food-Grade Industrial Gases Market Size (2023-2028):

The Global Food-Grade Industrial Gases Market size was valued at US$ 7.48 billion in 2022 and is anticipated to reach US$ 11.13 billion by 2028 and increase at a CAGR of 7.00% between 2023 and 2028.

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 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.

Market Drivers:

The rising number of microbreweries in 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 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 flavour 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 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 2022 - 2027, 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 micro bubbles 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.

Market Restraints:

Countries including 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 2022 - 2027.

FOOD-GRADE INDUSTRIAL GASES MARKET REPORT COVERAGE:

Market Segmentation:

Food-Grade Industrial Gases Market - 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.

Food-Grade Industrial Gases Market - 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.

Food-Grade Industrial Gases Market - 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 2022 - 2027. This is because of the rising consumption of various types of beverages demanding gases including 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. 

Market Regional Analysis: 

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

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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 the rising consumption of food and beverages by most of the population, mainly in China and India.

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

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

Market Recent Developments:

• 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.