Food Grade Industrial Gases Market - Forecast(2024 - 2030)
Food Grade Industrial Gases Market Overview
The Food Grade Industrial Gases Market size is estimated to reach $10.7 billion by 2027. Furthermore, it is poised to grow at a CAGR of 6.9% over the forecast period of 2022-2027. The food industry requires special demand on gas quality as gases provides a variety of tasks in the food industry that include long lasting quality, visual appeal, glowing freshness. The main purpose of food-grade gases is to preserve a product’s existing quality. Its application include freezing and packing, cooling during mixing processes and carbonation of beverages. Industrial gases provides various benefits in food production as it helps to enhance productivity and help to create healthy, natural and organic food products. Recently, the demand of packaging technologies for food and beverage products increases which further enhances the use of food grade industrial gases market. The food and beverage industry is increasingly in food-grade industrial gases in order to maintain the food products safe and fresh. Food-grade industrial gases include nitrogen, oxygen, and carbon dioxide that are primarily used to cool, freeze and package a variety of food products such as dairy and frozen products, beverages, fruits and vegetables, meat, fish, seafood, convenience food, bakery and confectionery. The demand of health-conscious among consumers for fewer additives, safer and fresher food products also enhancing the demand for industrial gases, which can be used in place of chemical ingredients. Gases is considered as important application in the food sector for preserving properties of products such as aroma, colour, fragrance and the normal appearance of the product. The robust growth in the application of end use industries including beverages, meat, poultry and seafood, dairy & frozen products, bakery & confectionery, etc, are some of the factors driving the food grade industrial gases Industry forward in the projected period of 2022-2027.
Report Coverage
The
report: “Food Grade Industrial Gases Market
Forecast (2022-2027)", by Industry ARC covers an
in-depth analysis of the following segments of the Food Grade Industrial Gases Market.
By Gas Type- Carbon Dioxide, Nitrogen,
Oxygen, and Others.
By Usage- Packaging, Freezing & Chilling, Carbonation, and
Others.
By Application- Beverages, Meat, Poultry and Seafood, Dairy, Frozen products,
Bakery & Confectionery products, and Others.
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United
Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific
(China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia
Pacific), South America (Brazil, Argentina, and Rest of South America), and
Rest of the World (the Middle East, and Africa).
Key Takeaways
- Geographically, North America held a dominant market share in the year 2021. It is owing to increasing number of food and beverage industries. The food and beverage industry becomes the fastest growing sector in U.S. with an annual growth rate of 30% in 2019. With rising demand of food and beverage industry, the usage of industrial gases increases. Recently, U.S. consumed about 60% of industrial gases as the production of processed food increases which increases the usage of industrial gases in order to increase the shelf life. In U.S., sales of carbonated soft drinks surging and becomes a largest seller with $32 billion in 2020 and a 9% year-over-year increase in multi-outlets so, the demand of industrial gases also increases in the beverage industry.
- Growing demand of packaged food has led to the use of industrial gases in food and beverage industry and growing advancement in brewery sector are some of the factors driving the Food Grade Industrial Gases Market. However, strict government regulations are some of the factors impeding the market growth.
- A detailed analysis of strengths,
weaknesses, opportunities, and threats will be provided in the Food Grade Industrial
Market Report.
Food Grade Industrial Gases Market- Geography (%) for 2021.
Food Grade Industrial Gases Market Segmentation Analysis - By Gas Type
The Food Grade Industrial Gases market
based on gas type can be further segmented into Carbon Dioxide, Nitrogen, Oxygen, and
Others. Carbon Dioxide held a dominant market share in
the year 2021. It is owing to rising consumption of carbonated beverages among
adults and children. Rising trend of adopting soft drinks during celebration
increases the production of carbonated beverages. Recently, among younger
generation the consumption of beer increases which increases the production in
brewery sector, thus the demand of carbon dioxide increases. Recently, about
230 million tons of carbon dioxide are used every year as the demand of
carbonated drinks becomes trends in the recent lifestyle of consumers which
rising the production of carbon dioxide.
However, Nitrogen is
estimated to be the fastest-growing, with a CAGR of 7.6% over the forecast period
of 2022-2027. Nitrogen are mostly used in the
bakery industry as it is used in freezing delicate products like muffins,
scones and cakes. As the demand of packaged foods increases so, the use of
nitrogen gas also increases as it helps to increases the shelf life of food. In
2020, the sales of packaged foods increased by 87% owing to changing lifestyle
of consumers therefore, the usage of nitrogen gas also increases.
Food Grade Industrial Gases Market Segmentation Analysis - By Application
The Food Grade Industrial Gases market
based on application can be further segmented into Beverages, Meat, Poultry and Seafood,
Dairy, Frozen products, Bakery & Confectionery products, and Others. Beverages held a dominant
market share in the year 2021. Recently, the consumption of different types of
beverages increases which pushes manufacturers to increases the production of
carbon dioxide gas as it is used in various carbonated beverages such as soft
drinks and beer. The number of brewing facility increased by 8% that have
resulted the increase demand in beverage sector.
However,
Frozen Products is estimated to be the fastest-growing, with a CAGR of 7.9% over
the forecast period of 2022-2027. The rising consumption of processed food
increases the use of food grade industrial gas as it helps to increase the
shelf life of food. Owing to busy schedule, people are not able to waste time
in preparing food so, the adoption of frozen products increases so,
manufacturers are using nitrogen gas in various frozen products in order to
enhance the shelf life.
Food Grade Industrial Gases Market Segmentation Analysis - By Geography
The Food Grade Industrial Gases market
based on Geography can be further segmented into North America, Europe,
Asia-Pacific, South America, and the Rest of the World. North America held a
dominant food grade industrial gases market share of 48% in the year 2021 as
compared to the other counterparts. It is owing to the robust demand of
industrial gas in various food applications such as dairy, frozen, bakery and
many more. Among adult population, the consumption of convenient food increases
that has led to increasing demand for packaged products. The food and beverage
industry becomes the fastest growing sector in U.S. with an annual growth rate
of 30% in 2019. With rising demand of food and beverage industry, the usage of
industrial gases increases.
However, Asia-Pacific is expected to offer lucrative growth opportunities to the marketers in the projected period of 2022-2027 owing to the recent inclination of global manufacturers to outsource heavy production pertaining activities to the likes of India and China. China’s food market is estimated to be around $1.3 trillion, while growing at the fastest-pace compared to the world.
Food Grade Industrial Gases Market Drivers
Growing demand of packaged food has led to the use of industrial gases in food and beverage industry that have readily aided the market growth
The trend in the
snack food consumption has increased rapidly as about 17% of people do not have time for a meal to overcome their hunger,
so they more snack food that further growing the demand of packaged food.
Recently, the sales of packaged food increased by 95% that pushes manufacturers
to increase the production of nitrogen gas as it is used to preserve the
packaged food. Gases is considered as important application in the food
sector for preserving characteristics of products such as aroma, colour,
fragrance and the general appearance of the product. Thus, the demand of
industrial gases increases in the food and beverage industry.
Growing advancement in brewery sector is driving the market growth
Nowadays, brewing
industry is rapidly growing and has shown an increased trend during the last
decade. Among adults, the popularity of
beer is continued to rise and in order to serve quality beer manufacturer need
to utilize the right gas blend to preserve each
beer’s unique flavor. Recently, about 85% of adults consume beer in a daily
basis. As, beer needs 30% carbon dioxide and 70% nitrogen to get preserved. Growing
trends of pubs among adults resulting the rise in brewery industry. Rising
number of brewery sector increases the production of beer that further surging
the supply of carbon dioxide and nitrogen gases. Thus, the demand of food grade
industrial gases increases in beverage sector.
Food Grade Industrial Gases Market Challenges
Strict
government regulations regarding food grade industrial gas are some of the factors impeding the market growth
Food grade industrial gases are tightly
regulated by the government agencies in order to ensure that the gas quality
and consumer health are not affected by the
introduction of gaseous elements and compounds. Recently, the specification for
food grade nitrogen gas is determined by the European Industrial Gases
Association, (EIGA), in conjunction with the Joint Expert Committee on Food
Additives where the food grade nitrogen gas used in preservatives should be 99%
and 1% should be oxygen. So, the rising regulation and specification of gases
tends to impact the production of preserved food.
Food Grade Industrial Gases Industry Outlook
Product launches, mergers and acquisitions,
joint ventures, and geographical expansions are key strategies adopted by
players in the Food Grade Industrial Gases Market. Food Grade Industrial Gases
top 10 companies include:
- Taiyo Nippon Sanso,
- Sol-Spa,
- Messer Group,
- Air Liquide,
- Gulf Cryo,
- Emirate Industrial Gas,
- Universal Industrial Gases Inc.,
- Matheson Tri-Gas Inc.,
- Praxair Inc.,
- Linde Group
Recent Developments
- In July 2020, Air Products & Chemicals launched a new industrial gases plant which is forecasted to offer increased reliability and sustainability, with improved energy efficiency and reduced emissions. Air Products recently announced its intent to begin the process of converting its global fleet of approximately 2,000 distribution vehicles to hydrogen fuel cell zero-emission vehicles starting in 2022. Air Products also has liquid hydrogen production plants operating in New Orleans, Louisiana; Sacramento, California; Sarnia, Ontario, Canada; and Rotterdam in The Netherlands.
- In May 2020, Messer launched new carbon
dioxide plant. This new plant helped beverage manufacturers to increase the production
in carbonated beverage sector that further surging the sales
of carbonated beverages. This helps to increase the company’s position in the market. The new
plant provides up to 450 tons-per-day of CO2, an essential product
for carbonated beverages, food freezing and chilling, and electronics
manufacturing companies in the area. Messer collaborated with Aemetis, Inc.,
which recently started supplying raw CO2 feedgas to Messer for
processing from its ethanol plant.
- In October 2019, Air Liquide acquired Southern Industrial Gases Sdn Bhd. This acquisition increases the packaged Gases filling capacity that further expanding the position in market. SIGSB is one of the key industrial gas players in the Malaysian market, generating close to 80 million Malaysian ringgit (approximately 20 million euros) in revenue annually. With more than 200 employees, it has 8 manufacturing and refilling facilities locations across Malaysia, with a distribution network that covers all of Malaysia’s key industrial basins.
Relevant Titles
Industrial Gases Market- Forecast (2022-2027)
Report Code- CMR 0291
Europe Carbonated Soft Drinks Market-
Forecast (2022-2027)
Report Code- CPR 0059
For more Food and Beverage Market reports, please click here
LIST OF TABLES
1.Global Food-Grade Industrial Gas Market, By Type Market 2023-2030 ($M)1.1 Rest Of The Market 2023-2030 ($M) - Global Industry Research
1.2 Carbon Dioxide Market 2023-2030 ($M) - Global Industry Research
1.3 Nitrogen Market 2023-2030 ($M) - Global Industry Research
1.4 Oxygen Market 2023-2030 ($M) - Global Industry Research
2.Global Food-Grade Industrial Gas Market, By Product Type Market 2023-2030 ($M)
2.1 Meat, Fish & Seafood Market 2023-2030 ($M) - Global Industry Research
2.2 Dairy & Frozen Product Market 2023-2030 ($M) - Global Industry Research
2.3 Beverage Market 2023-2030 ($M) - Global Industry Research
2.4 Fruit & Vegetable Market 2023-2030 ($M) - Global Industry Research
2.5 Convenience Food Market 2023-2030 ($M) - Global Industry Research
2.6 Bakery & Confectionery Market 2023-2030 ($M) - Global Industry Research
3.Global Food-Grade Industrial Gas Market, By Type Market 2023-2030 (Volume/Units)
3.1 Rest Of The Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Carbon Dioxide Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 Nitrogen Market 2023-2030 (Volume/Units) - Global Industry Research
3.4 Oxygen Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Food-Grade Industrial Gas Market, By Product Type Market 2023-2030 (Volume/Units)
4.1 Meat, Fish & Seafood Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Dairy & Frozen Product Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Beverage Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Fruit & Vegetable Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Convenience Food Market 2023-2030 (Volume/Units) - Global Industry Research
4.6 Bakery & Confectionery Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Food-Grade Industrial Gas Market, By Type Market 2023-2030 ($M)
5.1 Rest Of The Market 2023-2030 ($M) - Regional Industry Research
5.2 Carbon Dioxide Market 2023-2030 ($M) - Regional Industry Research
5.3 Nitrogen Market 2023-2030 ($M) - Regional Industry Research
5.4 Oxygen Market 2023-2030 ($M) - Regional Industry Research
6.North America Food-Grade Industrial Gas Market, By Product Type Market 2023-2030 ($M)
6.1 Meat, Fish & Seafood Market 2023-2030 ($M) - Regional Industry Research
6.2 Dairy & Frozen Product Market 2023-2030 ($M) - Regional Industry Research
6.3 Beverage Market 2023-2030 ($M) - Regional Industry Research
6.4 Fruit & Vegetable Market 2023-2030 ($M) - Regional Industry Research
6.5 Convenience Food Market 2023-2030 ($M) - Regional Industry Research
6.6 Bakery & Confectionery Market 2023-2030 ($M) - Regional Industry Research
7.South America Food-Grade Industrial Gas Market, By Type Market 2023-2030 ($M)
7.1 Rest Of The Market 2023-2030 ($M) - Regional Industry Research
7.2 Carbon Dioxide Market 2023-2030 ($M) - Regional Industry Research
7.3 Nitrogen Market 2023-2030 ($M) - Regional Industry Research
7.4 Oxygen Market 2023-2030 ($M) - Regional Industry Research
8.South America Food-Grade Industrial Gas Market, By Product Type Market 2023-2030 ($M)
8.1 Meat, Fish & Seafood Market 2023-2030 ($M) - Regional Industry Research
8.2 Dairy & Frozen Product Market 2023-2030 ($M) - Regional Industry Research
8.3 Beverage Market 2023-2030 ($M) - Regional Industry Research
8.4 Fruit & Vegetable Market 2023-2030 ($M) - Regional Industry Research
8.5 Convenience Food Market 2023-2030 ($M) - Regional Industry Research
8.6 Bakery & Confectionery Market 2023-2030 ($M) - Regional Industry Research
9.Europe Food-Grade Industrial Gas Market, By Type Market 2023-2030 ($M)
9.1 Rest Of The Market 2023-2030 ($M) - Regional Industry Research
9.2 Carbon Dioxide Market 2023-2030 ($M) - Regional Industry Research
9.3 Nitrogen Market 2023-2030 ($M) - Regional Industry Research
9.4 Oxygen Market 2023-2030 ($M) - Regional Industry Research
10.Europe Food-Grade Industrial Gas Market, By Product Type Market 2023-2030 ($M)
10.1 Meat, Fish & Seafood Market 2023-2030 ($M) - Regional Industry Research
10.2 Dairy & Frozen Product Market 2023-2030 ($M) - Regional Industry Research
10.3 Beverage Market 2023-2030 ($M) - Regional Industry Research
10.4 Fruit & Vegetable Market 2023-2030 ($M) - Regional Industry Research
10.5 Convenience Food Market 2023-2030 ($M) - Regional Industry Research
10.6 Bakery & Confectionery Market 2023-2030 ($M) - Regional Industry Research
11.APAC Food-Grade Industrial Gas Market, By Type Market 2023-2030 ($M)
11.1 Rest Of The Market 2023-2030 ($M) - Regional Industry Research
11.2 Carbon Dioxide Market 2023-2030 ($M) - Regional Industry Research
11.3 Nitrogen Market 2023-2030 ($M) - Regional Industry Research
11.4 Oxygen Market 2023-2030 ($M) - Regional Industry Research
12.APAC Food-Grade Industrial Gas Market, By Product Type Market 2023-2030 ($M)
12.1 Meat, Fish & Seafood Market 2023-2030 ($M) - Regional Industry Research
12.2 Dairy & Frozen Product Market 2023-2030 ($M) - Regional Industry Research
12.3 Beverage Market 2023-2030 ($M) - Regional Industry Research
12.4 Fruit & Vegetable Market 2023-2030 ($M) - Regional Industry Research
12.5 Convenience Food Market 2023-2030 ($M) - Regional Industry Research
12.6 Bakery & Confectionery Market 2023-2030 ($M) - Regional Industry Research
13.MENA Food-Grade Industrial Gas Market, By Type Market 2023-2030 ($M)
13.1 Rest Of The Market 2023-2030 ($M) - Regional Industry Research
13.2 Carbon Dioxide Market 2023-2030 ($M) - Regional Industry Research
13.3 Nitrogen Market 2023-2030 ($M) - Regional Industry Research
13.4 Oxygen Market 2023-2030 ($M) - Regional Industry Research
14.MENA Food-Grade Industrial Gas Market, By Product Type Market 2023-2030 ($M)
14.1 Meat, Fish & Seafood Market 2023-2030 ($M) - Regional Industry Research
14.2 Dairy & Frozen Product Market 2023-2030 ($M) - Regional Industry Research
14.3 Beverage Market 2023-2030 ($M) - Regional Industry Research
14.4 Fruit & Vegetable Market 2023-2030 ($M) - Regional Industry Research
14.5 Convenience Food Market 2023-2030 ($M) - Regional Industry Research
14.6 Bakery & Confectionery Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)2.Canada Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
3.Mexico Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
4.Brazil Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
5.Argentina Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
6.Peru Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
7.Colombia Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
8.Chile Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
9.Rest of South America Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
10.UK Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
11.Germany Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
12.France Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
13.Italy Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
14.Spain Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
15.Rest of Europe Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
16.China Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
17.India Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
18.Japan Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
19.South Korea Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
20.South Africa Food Grade Industrial Gases Market Revenue, 2023-2030 ($M)
21.North America Food Grade Industrial Gases By Application
22.South America Food Grade Industrial Gases By Application
23.Europe Food Grade Industrial Gases By Application
24.APAC Food Grade Industrial Gases By Application
25.MENA Food Grade Industrial Gases By Application
26.Emirate Industrial Gas, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Air Liquide, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Air Product & Chemicals, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.The Linde Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Praxair Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Airgas Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Matheson Tri-Gas Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Messer Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Sol-Spa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Gulf Cryo, Sales /Revenue, 2015-2018 ($Mn/$Bn)