Product Code: PM3038
The global food grade gases market size is expected to reach USD 12.81 billion by 2032, according to a new study by Polaris Market Research. The report "Food Grade Gases Market Share, Size, Trends, Industry Analysis Report, By Type (Carbon Dioxide, Nitrogen, Oxygen, and Other Types); By Application; By Industry; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rapid increase in the usage of carbon dioxide for the effective carbonation of alcoholic drinks and beverages as well, increasing preferences for variety of canned products as a result of advancements and developments in packaging technologies that help in the extending shelf life of product are expected to boost the growth of the market during the anticipated period.
Moreover, manufacturers across the globe are highly focused on the development of sophisticated packaging technologies like active packaging, modified atmospheric packaging, and oxygen scavengers to handle increased consumer concerns regarding food safety.
In January 2022, Air Liquide, announced that the company plans to invest about INR 350 crores into a new air separation unit in UP, India. This unit will have a total capacity of around 350 tonnes/day, with maximum of 300 tons of oxygen. The production plant will be beneficial for both small & medium sized customers of packaged and liquid gases in the Northern India.
Furthermore, with the rapid increase in the international food trade among many countries due to liberalization and surge in the demand for perishable goods coupled with the high utilization of several types of food grade gases for freezing, chilling, and packaging products, likely to contribute to the market growth and create opportunities in the near future. According to Ministry of Commerce & Industry, India, country's agricultural and processed food exports rose by 25% to about USD 13771 million in the second quarter of 2022 compared to the same period of the previous year.
Food Grade Gases Market Report Highlights:
- Carbon dioxide segment dominates the market owing to its wide utilization in soft drinks, wines, beer, and many other liquids for carbonation.
- Freezing & chilling segment is expected to hold substantial market share over the forecast period on account of growing popularity for these products to effectively handle various harmful microorganisms
- Beverages industry segment is projected to grow at fastest rate during the anticipated period, which is mainly driven by rapid surge in the consumption of ready to drink beverages globally.
- North America region dominated the global market on account of high consumer spending capacity on packaged food products and trend for consuming various protein-based dietary products.
- The global key market players include: Air Products & Chemicals Inc., Massy Group, Taiyo Nippon Sanso Corporation, Air Liquide, and Linde PLC.
Polaris Market Research has segmented the food grade gases market report based on type, application, industry, and region:
Food Grade Gases, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Carbon Dioxide
- Nitrogen
- Oxygen
- Other Types
Food Grade Gases, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Freezing and Chilling
- Packaging
- Carbonation
- Other Applications
Food Grade Gases, Industry Outlook (Revenue - USD Billion, 2019 - 2032)
- Meat, Poultry & Seafood Industry
- Dairy & Frozen Products Industry
- Beverages Industry
- Fruits & Vegetables Industry
- Convenience Food Products Industry
- Bakery & Confectionery Products
- Other Industries
Food Grade Gases, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Food Grade Gases Market Insights
- 4.1. Food Grade Gases Market - Industry Snapshot
- 4.2. Food Grade Gases Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increase in demand for frozen food products in developed and developing region
- 4.2.1.2. Development in technology
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Government rules and regulations
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Food Grade Gases Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Food Grade Gases Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 5.3. Freezing and Chilling
- 5.3.1. Global Food Grade Gases Market, by Freezing and Chilling, by Region, 2019-2032 (USD Billion)
- 5.4. Packaging
- 5.4.1. Global Food Grade Gases Market, by Packaging, by Region, 2019-2032 (USD Billion)
- 5.5. Carbonation
- 5.5.1. Global Food Grade Gases Market, Carbonation, by Region, 2019-2032 (USD Billion)
- 5.6. Other Applications
- 5.6.1. Global Food Grade Gases Market, Other Applications, by Region, 2019-2032 (USD Billion)
6. Global Food Grade Gases Market, by Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 6.3. Carbon Dioxide
- 6.3.1. Global Food Grade Gases Market, by Carbon Dioxide, by Region, 2019-2032 (USD Billion)
- 6.4. Nitrogen
- 6.4.1. Global Food Grade Gases Market, by Nitrogen, by Region, 2019-2032 (USD Billion)
- 6.5. Oxygen
- 6.5.1. Global Food Grade Gases Market, by Oxygen, by Region, 2019-2032 (USD Billion)
- 6.6. Other Types
- 6.6.1. Global Food Grade Gases Market, by Other Types, by Region, 2019-2032 (USD Billion)
7. Global Food Grade Gases Market, by Industry
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 7.3. Meat, Poultry & Seafood Industry
- 7.3.1. Global Food Grade Gases Market, by Meat, Poultry & Seafood Industry, By Region, 2019-2032 (USD Billion)
- 7.4. Dairy & Frozen Products Industry
- 7.4.1. Global Food Grade Gases Market, by Dairy & Frozen Products Industry, By Region, 2019-2032 (USD Billion)
- 7.5. Beverages Industry
- 7.5.1. Global Food Grade Gases Market, by Beverages Industry, By Region, 2019-2032 (USD Billion)
- 7.6. Fruits & Vegetables Industry
- 7.6.1. Global Food Grade Gases Market, by Fruits & Vegetables Industry, By Region, 2019-2032 (USD Billion)
- 7.7. Convenience Food Products Industry
- 7.7.1. Global Food Grade Gases Market, by Convenience Food Products Industry, By Region, 2019-2032 (USD Billion)
- 7.8. Bakery & Confectionery Products
- 7.8.1. Global Food Grade Gases Market, by Bakery & Confectionery Products, By Region, 2019-2032 (USD Billion)
- 7.9. Other Industries
- 7.9.1. Global Food Grade Gases Market, by Other Industries, By Region, 2019-2032 (USD Billion)
8. Global Food Grade Gases Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Food Grade Gases Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Food Grade Gases Market - North America
- 8.3.1. North America: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.3.2. North America: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.3.3. North America: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.3.4. Food Grade Gases Market - U.S.
- 8.3.4.1. U.S.: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.3.5. Food Grade Gases Market - Canada
- 8.3.5.1. Canada: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4. Food Grade Gases Market - Europe
- 8.4.1. Europe: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.3. Europe: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4.4. Food Grade Gases Market - UK
- 8.4.4.1. UK: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4.5. Food Grade Gases Market - France
- 8.4.5.1. France: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.5.3. France: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4.6. Food Grade Gases Market - Germany
- 8.4.6.1. Germany: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4.7. Food Grade Gases Market - Italy
- 8.4.7.1. Italy: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4.8. Food Grade Gases Market - Spain
- 8.4.8.1. Spain: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4.9. Food Grade Gases Market - Netherlands
- 8.4.9.1. Netherlands: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.4.10. Food Grade Gases Market - Russia
- 8.4.10.1. Russia: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.5. Food Grade Gases Market - Asia Pacific
- 8.5.1. Asia Pacific: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.5.4. Food Grade Gases Market - China
- 8.5.4.1. China: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.5.4.3. China: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.5.5. Food Grade Gases Market - India
- 8.5.5.1. India: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.5.5.3. India: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.5.6. Food Grade Gases Market - Malaysia
- 8.5.6.1. Malaysia: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.5.7. Food Grade Gases Market - Japan
- 8.5.7.1. Japan: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.5.8. Food Grade Gases Market - Indonesia
- 8.5.8.1. Indonesia: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.5.9. Food Grade Gases Market - South Korea
- 8.5.9.1. South Korea: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.6. Food Grade Gases Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.6.4. Food Grade Gases Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.6.5. Food Grade Gases Market - UAE
- 8.6.5.1. UAE: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.6.6. Food Grade Gases Market - Israel
- 8.6.6.1. Israel: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.6.7. Food Grade Gases Market - South Africa
- 8.6.7.1. South Africa: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.7. Food Grade Gases Market - Latin America
- 8.7.1. Latin America: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.7.4. Food Grade Gases Market - Mexico
- 8.7.4.1. Mexico: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.7.5. Food Grade Gases Market - Brazil
- 8.7.5.1. Brazil: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
- 8.7.6. Food Grade Gases Market - Argentina
- 8.7.6.1. Argentina: Food Grade Gases Market, by Application, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Food Grade Gases Market, by Industry, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Food Grade Gases Market, by Type, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Linde PLC
- 10.1.1. Company Overview
- 10.1.2. Financial PerTypeance
- 10.1.3. Type Benchmarking
- 10.1.4. Recent Development
- 10.2. Air Products & Chemicals
- 10.2.1. Company Overview
- 10.2.2. Financial PerTypeance
- 10.2.3. Type Benchmarking
- 10.2.4. Recent Development
- 10.3. Air Liquide
- 10.3.1. Company Overview
- 10.3.2. Financial PerTypeance
- 10.3.3. Type Benchmarking
- 10.3.4. Recent Development
- 10.4. Taiyo Nippon Sanso
- 10.4.1. Company Overview
- 10.4.2. Financial PerTypeance
- 10.4.3. Type Benchmarking
- 10.4.4. Recent Development
- 10.5. Wesfarmers Limited
- 10.5.1. Company Overview
- 10.5.2. Financial PerTypeance
- 10.5.3. Type Benchmarking
- 10.5.4. Recent Development
- 10.6. PT Aneka Gas Industri Tbk
- 10.6.1. Company Overview
- 10.6.2. Financial PerTypeance
- 10.6.3. Type Benchmarking
- 10.6.4. Recent Development
- 10.7. Massy Group
- 10.7.1. Company Overview
- 10.7.2. Financial PerTypeance
- 10.7.3. Type Benchmarking
- 10.7.4. Recent Development
- 10.8. Air Water
- 10.8.1. Company Overview
- 10.8.2. Financial PerTypeance
- 10.8.3. Type Benchmarking
- 10.8.4. Recent Development
- 10.9. National Gases
- 10.9.1. Company Overview
- 10.9.2. Financial PerTypeance
- 10.9.3. Type Benchmarking
- 10.9.4. Recent Development
- 10.10. Gruppo SIAD
- 10.10.1. Company Overview
- 10.10.2. Financial PerTypeance
- 10.10.3. Type Benchmarking
- 10.10.4. Recent Development
- 10.11. Lez Gas Industries
- 10.11.1. Company Overview
- 10.11.2. Financial PerTypeance
- 10.11.3. Type Benchmarking
- 10.11.4. Recent Development
- 10.12. Sidewinder Dry Ice
- 10.12.1. Company Overview
- 10.12.2. Financial PerTypeance
- 10.12.3. Type Benchmarking
- 10.12.4. Recent Development
- 10.13. Axcel Gases
- 10.13.1. Company Overview
- 10.13.2. Financial PerTypeance
- 10.13.3. Type Benchmarking
- 10.13.4. Recent Development
- 10.14. Taiya Industrial Gases
- 10.14.1. Company Overview
- 10.14.2. Financial PerTypeance
- 10.14.3. Type Benchmarking
- 10.14.4. Recent Development
- 10.15. Yingde Gas Group
- 10.15.1. Company Overview
- 10.15.2. Financial PerTypeance
- 10.15.3. Type Benchmarking
- 10.15.4. Recent Development
- 10.16. Siddhi Vinayak Industries Gases
- 10.16.1. Company Overview
- 10.16.2. Financial PerTypeance
- 10.16.3. Type Benchmarking
- 10.16.4. Recent Development