The Latin America Food Grade Industrial Gases Market was worth $0.83 billion in 2021 and estimated to be growing at a CAGR of 7.2%, to reach $1.18 billion by 2026.
Industrial gases are gaseous resources that are manufactured for utilization in Industry. Industrial gas is sold to other manufacturing enterprises; usually comprising huge orders to commercial industrial clients, covering a size range from building a development facility or pipeline down to cylinder gas supply.
The increase in the industrial area in promising regions such as Latin America has aided urbanization, which has resulted in high disposable income, leading to augmented use of packaged and ready to cook food. This factor is estimated to enhance the growth of the food grade industrial market in the next few years. The relevance of vacuum pumps for removing moisture and oxygen in packaging of food & beverage is likely to foreseen increasing trend in the past few years and probable to have a negative impact on food grade industrial gases market over the forecast period.
Latin America Food Grade Industrial Gases Market is segmented by type into Carbon Dioxide, Nitrogen and Oxygen. Based on application the market is segregated into Freezing and Chilling, Packaging and Carbonation. On the basis of product type, the market is bifurcated into Meat, Fish & Seafood, Dairy & Frozen Products, Beverages, Fruits & Vegetables, Convenience Foods and Bakery & Confectionery. The demand for nitrogen as a food grade gas is increasing as modified atmospheric packaging (MAP) is gradually being implemented in the food processing & packing industry.
Geographically the Latin America Food Grade Industrial Gases Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Mexico is the dominating market in Latin America region and predicted to continue its dominance over the forecast period.
Key Players in the Market:
Major Key Players in the Latin America Food Grade Industrial Gases Market are
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Carbon Dioxide
5.1.2 Nitrogen
5.1.3 Oxygen
5.2 By Application
5.2.1 Freezing and Chilling
5.2.2 Packaging
5.2.3 Carbonation
5.3 By Product Type
5.3.1 Meat
5.3.2 Fish & Seafood
5.3.3 Dairy & Frozen Products
5.3.4 Beverages
5.3.5 Fruits & Vegetables
5.3.6 Convenience Foods
5.3.7 Bakery & Confectionery
6. Geographical Analysis
6.1 Introduction
6.2 Brazil
6.3 Mexico
6.4 Argentina
6.5 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 The Linde Group
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Tri-Gas Inc.
8.3 Air Liquide
8.4 Air Gas
8.5 Taiyo Nippon Sanso
8.6 AHG Co. Ltd.
8.7 Praxair
8.8 Emirates Industrial Gases
8.9 Messer Group
8.10 Gulf Cryo
8.11 Sol-SPA
8.12 Matheson
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.
