+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Food-Grade Industrial Gases Market Report and Forecast 2024-2032

  • PDF Icon

    Report

  • 180 Pages
  • November 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921606
According to the report, the global food-grade industrial gases market is projected to grow at a CAGR of 6.1% between 2024 and 2032 reaching a value of approximate USD 13.33 billion by 2032. Aided by the rising demand for packaged foods and the growing importance of food preservation, the market is expected to grow significantly by 2032.

Food-grade industrial gases comprise a set of pure gases such as nitrogen, oxygen, and carbon dioxide that are deemed safe for consumption and are widely used in various stages of food processing, storage, and packaging. These gases play a pivotal role in extending the shelf life of products, ensuring freshness, and maintaining the overall quality of food items. From carbonating beverages to preserving fresh produce and packaged meats, these gases are ubiquitous in the modern food industry.

One of the primary catalysts for the robust growth of the food-grade industrial gases market is the surging demand for frozen and packaged foods. With urbanisation, changing lifestyles, and the increasing pace of life, consumers are inclining towards convenient, ready-to-eat meals. This trend necessitates the use of food-grade gases to maintain the quality and safety of these products over extended periods.

As per the food-grade industrial gases market analysis, the increasing awareness about food wastage and the subsequent emphasis on reducing post-harvest losses have accentuated the importance of food-grade gases. Techniques such as Modified Atmosphere Packaging (MAP) and Controlled Atmosphere Storage (CAS), which employ these gases, have become indispensable in ensuring longer storage life for fruits, vegetables, and other perishable goods.

The beverage industry, too, is a substantial contributor to the food-grade industrial gases market demand. Carbon dioxide is vital in carbonated drinks, giving them their characteristic fizz. With the beverage industry showing no signs of slowing down, this further amplifies the market potential for food-grade carbon dioxide.

Regionally, the North American and European markets, with their mature food and beverage sectors, account for significant portions of the food-grade industrial gases market share. However, the Asia-Pacific region, buoyed by its burgeoning food processing industry and a growing middle class with disposable incomes, is set to emerge as a fast-growing market in the coming years.

Market Segmentation

The market can be divided based on type, application, end use, mode of supply, and region.

Market Breakup by Type

  • Carbon Dioxide
  • Nitrogen
  • Oxygen
  • Others

Market Breakup by Application

  • Freezing and Chilling
  • Packaging
  • Carbonation
  • Others

Market Breakup by End Use

  • Beverages
  • Meat, Poultry, and Seafood Products
  • Dairy and Frozen Products
  • Fruits and Vegetables
  • Convenience Food Products
  • Bakery and Confectionery Products
  • Others

Market Breakup by Mode of Supply

  • Bulk
  • Cylinder

Market Breakup by Region

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

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global food-grade industrial gases market. Some of the major players explored in the report are as follows:
  • Linde Plc
  • Air Products and Chemicals, Inc.
  • Air Liquide S.A.
  • Messer Group GmbH
  • Taiyo Nippon Sanso Corporation
  • SOL Group
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Food-Grade Industrial Gases Market Analysis
8.1 Key Industry Highlights
8.2 Global Food-Grade Industrial Gases Historical Market (2018-2023)
8.3 Global Food-Grade Industrial Gases Market Forecast (2024-2032)
8.4 Global Food-Grade Industrial Gases Market by Type
8.4.1 Carbon Dioxide
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Nitrogen
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Oxygen
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Food-Grade Industrial Gases Market by Application
8.5.1 Freezing and Chilling
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Packaging
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Carbonation
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Food-Grade Industrial Gases Market by End Use
8.6.1 Beverages
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Meat, Poultry, and Seafood Products
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Dairy and Frozen Products
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Fruits and Vegetables
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Convenience Food Products
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Bakery and Confectionery Products
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Food-Grade Industrial Gases Market by Mode of Supply
8.7.1 Bulk
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Cylinder
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Food-Grade Industrial Gases Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Food-Grade Industrial Gases Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Food-Grade Industrial Gases Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Food- Grade Industrial Gases Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Food-Grade Industrial Gases Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Food-Grade Industrial Gases Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Linde Plc
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Air Products and Chemicals, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Air Liquide S.A.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Messer Group GmbH
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Taiyo Nippon Sanso Corporation
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 SOL Group
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.3.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Food-Grade Industrial Gases Market: Key Industry Highlights, 2018 and 2032
2. Global Food-Grade Industrial Gases Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Food-Grade Industrial Gases Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Food-Grade Industrial Gases Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Food-Grade Industrial Gases Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Food-Grade Industrial Gases Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Food-Grade Industrial Gases Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Food-Grade Industrial Gases Historical Market: Breakup by Mode of Supply (USD Billion), 2018-2023
9. Global Food-Grade Industrial Gases Market Forecast: Breakup by Mode of Supply (USD Billion), 2024-2032
10. Global Food-Grade Industrial Gases Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Food-Grade Industrial Gases Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Food-Grade Industrial Gases Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Food-Grade Industrial Gases Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Food-Grade Industrial Gases Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Food-Grade Industrial Gases Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Food-Grade Industrial Gases Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Food-Grade Industrial Gases Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Food-Grade Industrial Gases Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Food-Grade Industrial Gases Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Food-Grade Industrial Gases Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Food-Grade Industrial Gases Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Food-Grade Industrial Gases Market Structure

Companies Mentioned

  • The Linde Group
  • Air Products & Chemicals Inc. (NYSE: APD)
  • Air Liquide (EPA: AI)
  • The Messer Group GmbH
  • Taiyo Nippon Sanso (TYO: 4091)
  • SOL Group (BIT: SOL)

Methodology

Loading
LOADING...