The Asia Pacific Food Grade Gases Market should witness market growth of 7.0% CAGR during the forecast period (2022-2028).
To keep the nitrogen from escaping, the container must be firmly sealed due to its low gas permeability. When the packaging is opened, the food within is exposed to atmospheric air that contains moisture and oxygen. Therefore, the contents are susceptible to moisture absorption, deterioration, and oxidation without prompt, controlled environmental protection.
Therefore, after the package is opened, it is recommended to start eating the food immediately. Manufacturers of food-grade gas see promising growth prospects in South America's and Asia Pacific's developing economies. The demand for food-grade gases is growing in these areas due to the youth's expanding demand for frozen and packaged food products.
Additionally, these areas have seen a growth in the market for convenience food products, which in turn has led to an increase in the need for food-grade gases, thanks to the development of retail channels and cold chain infrastructure, rising disposable incomes, and the number of working women. Additionally, there has been a rising demand for food-grade gases for various end uses due to ongoing new product releases and developments in packaging technology.
Urban and young consumers' dietary habits are changing in favor of nutrient-rich snacks, and their appetite for ready-to-eat items is growing, both of which have benefited market expansion. In addition, frozen food today is better and more varied than it once was. When these benefits are taken into account, together with how quickly they may be cooked, consumers report that IQF food products are more accessible to cook than fresh food. Why frozen food is so popular is simple to comprehend. More than half of individuals believe frozen food may preserve vitamins and nutrients, and most people have favorable views on frozen food from a health standpoint.
The China market dominated the Asia Pacific Food Grade Gases Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $920.7 million by 2028.The Japan market is estimated to grow a CAGR of 6.3% during (2022-2028). Additionally, The India market would experience a CAGR of 7.7% during (2022-2028).
Based on Mode of Supply, the market is segmented into Bulk and Cylinder. Based on Industry, the market is segmented into Beverages, Dairy & Frozen Products, Convenience Food, Bakery & Confectionery, Meat, Poultry & Seafood, Fruits & Vegetables and Others. Based on Type, the market is segmented into Carbon Dioxide, Oxygen, Nitrogen and Others. Based on Application, the market is segmented into Freezing & Chilling, Packaging, Carbonation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Linde PLC, Air Products and Chemicals, Inc., Wesfarmers Limited, PT Samator Indo Gas Tbk, Massy Holdings Ltd., Air Water, Inc., Les Gaz Industriels Ltd., Messer SE & Co. KGaA (Messer Industrie GmbH), Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings), and Air Liquide S.A.
To keep the nitrogen from escaping, the container must be firmly sealed due to its low gas permeability. When the packaging is opened, the food within is exposed to atmospheric air that contains moisture and oxygen. Therefore, the contents are susceptible to moisture absorption, deterioration, and oxidation without prompt, controlled environmental protection.
Therefore, after the package is opened, it is recommended to start eating the food immediately. Manufacturers of food-grade gas see promising growth prospects in South America's and Asia Pacific's developing economies. The demand for food-grade gases is growing in these areas due to the youth's expanding demand for frozen and packaged food products.
Additionally, these areas have seen a growth in the market for convenience food products, which in turn has led to an increase in the need for food-grade gases, thanks to the development of retail channels and cold chain infrastructure, rising disposable incomes, and the number of working women. Additionally, there has been a rising demand for food-grade gases for various end uses due to ongoing new product releases and developments in packaging technology.
Urban and young consumers' dietary habits are changing in favor of nutrient-rich snacks, and their appetite for ready-to-eat items is growing, both of which have benefited market expansion. In addition, frozen food today is better and more varied than it once was. When these benefits are taken into account, together with how quickly they may be cooked, consumers report that IQF food products are more accessible to cook than fresh food. Why frozen food is so popular is simple to comprehend. More than half of individuals believe frozen food may preserve vitamins and nutrients, and most people have favorable views on frozen food from a health standpoint.
The China market dominated the Asia Pacific Food Grade Gases Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $920.7 million by 2028.The Japan market is estimated to grow a CAGR of 6.3% during (2022-2028). Additionally, The India market would experience a CAGR of 7.7% during (2022-2028).
Based on Mode of Supply, the market is segmented into Bulk and Cylinder. Based on Industry, the market is segmented into Beverages, Dairy & Frozen Products, Convenience Food, Bakery & Confectionery, Meat, Poultry & Seafood, Fruits & Vegetables and Others. Based on Type, the market is segmented into Carbon Dioxide, Oxygen, Nitrogen and Others. Based on Application, the market is segmented into Freezing & Chilling, Packaging, Carbonation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Linde PLC, Air Products and Chemicals, Inc., Wesfarmers Limited, PT Samator Indo Gas Tbk, Massy Holdings Ltd., Air Water, Inc., Les Gaz Industriels Ltd., Messer SE & Co. KGaA (Messer Industrie GmbH), Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings), and Air Liquide S.A.
Scope of the Study
By Mode of Supply
- Bulk
- Cylinder
By Industry
- Beverages
- Dairy & Frozen Products
- Convenience Food, Bakery & Confectionery
- Meat, Poultry & Seafood
- Fruits & Vegetables
- Others
By Type
- Carbon Dioxide
- Oxygen
- Nitrogen
- Others
By Application
- Freezing & Chilling
- Packaging
- Carbonation
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Linde PLC
- Air Products and Chemicals, Inc.
- Wesfarmers Limited
- PT Samator Indo Gas Tbk
- Massy Holdings Ltd.
- Air Water, Inc.
- Les Gaz Industriels Ltd.
- Messer SE & Co. KGaA (Messer Industrie GmbH)
- Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings)
- Air Liquide S.A.
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- The highest number of Market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Food Grade Gases Market, by Mode of Supply
1.4.2 Asia Pacific Food Grade Gases Market, by Industry
1.4.3 Asia Pacific Food Grade Gases Market, by Type
1.4.4 Asia Pacific Food Grade Gases Market, by Application
1.4.5 Asia Pacific Food Grade Gases Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Food Grade Gases Market by Mode of Supply
3.1 Asia Pacific Bulk Market by Country
3.2 Asia Pacific Cylinder Market by Country
Chapter 4. Asia Pacific Food Grade Gases Market by Industry
4.1 Asia Pacific Beverages Market by Country
4.2 Asia Pacific Dairy & Frozen Products Market by Country
4.3 Asia Pacific Convenience Food, Bakery & Confectionery Market by Country
4.4 Asia Pacific Meat, Poultry & Seafood Market by Country
4.5 Asia Pacific Fruits & Vegetables Market by Country
4.6 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Food Grade Gases Market by Type
5.1 Asia Pacific Carbon Dioxide Market by Country
5.2 Asia Pacific Oxygen Market by Country
5.3 Asia Pacific Nitrogen Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Food Grade Gases Market by Application
6.1 Asia Pacific Freezing & Chilling Market by Country
6.2 Asia Pacific Packaging Market by Country
6.3 Asia Pacific Carbonation Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Food Grade Gases Market by Country
7.1 China Food Grade Gases Market
7.1.1 China Food Grade Gases Market by Mode of Supply
7.1.2 China Food Grade Gases Market by Industry
7.1.3 China Food Grade Gases Market by Type
7.1.4 China Food Grade Gases Market by Application
7.2 Japan Food Grade Gases Market
7.2.1 Japan Food Grade Gases Market by Mode of Supply
7.2.2 Japan Food Grade Gases Market by Industry
7.2.3 Japan Food Grade Gases Market by Type
7.2.4 Japan Food Grade Gases Market by Application
7.3 India Food Grade Gases Market
7.3.1 India Food Grade Gases Market by Mode of Supply
7.3.2 India Food Grade Gases Market by Industry
7.3.3 India Food Grade Gases Market by Type
7.3.4 India Food Grade Gases Market by Application
7.4 South Korea Food Grade Gases Market
7.4.1 South Korea Food Grade Gases Market by Mode of Supply
7.4.2 South Korea Food Grade Gases Market by Industry
7.4.3 South Korea Food Grade Gases Market by Type
7.4.4 South Korea Food Grade Gases Market by Application
7.5 Singapore Food Grade Gases Market
7.5.1 Singapore Food Grade Gases Market by Mode of Supply
7.5.2 Singapore Food Grade Gases Market by Industry
7.5.3 Singapore Food Grade Gases Market by Type
7.5.4 Singapore Food Grade Gases Market by Application
7.6 Malaysia Food Grade Gases Market
7.6.1 Malaysia Food Grade Gases Market by Mode of Supply
7.6.2 Malaysia Food Grade Gases Market by Industry
7.6.3 Malaysia Food Grade Gases Market by Type
7.6.4 Malaysia Food Grade Gases Market by Application
7.7 Rest of Asia Pacific Food Grade Gases Market
7.7.1 Rest of Asia Pacific Food Grade Gases Market by Mode of Supply
7.7.2 Rest of Asia Pacific Food Grade Gases Market by Industry
7.7.3 Rest of Asia Pacific Food Grade Gases Market by Type
7.7.4 Rest of Asia Pacific Food Grade Gases Market by Application
Chapter 8. Company Profiles
8.1 Linde PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 Air Products and Chemicals, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 Wesfarmers Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.4 PT Samator Indo Gas Tbk
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.5 Massy Holdings Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.6 Air Water, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 Les Gaz Industriels Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.8 Messer SE & Co. KGaA (Messer Industrie GmbH)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.9 Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.10. Air Liquide S.A.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
Companies Mentioned
- Linde PLC
- Air Products and Chemicals, Inc.
- Wesfarmers Limited
- PT Samator Indo Gas Tbk
- Massy Holdings Ltd.
- Air Water, Inc.
- Les Gaz Industriels Ltd.
- Messer SE & Co. KGaA (Messer Industrie GmbH)
- Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings)
- Air Liquide S.A.
Methodology
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