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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Food-Grade Industrial Gases Market Outlook

The global food-grade industrial gases market is estimated at USD 8.63 billion in 2023 and is expected to reach USD 14.33 billion by 2032, growing at a CAGR of 5.8% in the forecast period of 2024-2032.

Global Food-Grade Industrial Gases Market

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The increasing demand for convenience food products and carbonated beverages has fuelled the growth of the food-grade industrial gases industry significantly.

Market Segmentation

Food-grade industrial gases are defined as gases that are used as a processing aid or additive to ensure compliance with regulatory standards. These gases are either used alone or in different combinations.

The food-grade industrial gases industry can be segmented into types, applications, end-uses, and the mode of supply.

Global Food-Grade Industrial Gases Market

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The industry can be divided based on types as:

  • Carbon Dioxide 
  • Nitrogen 
  • Oxygen
  • Others

The industry can be divided based on applications as:

  • Freezing and Chilling
  • Packaging
  • Carbonation
  • Others

The industry can be broadly categorised based on its end-uses into:

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

The industry can be divided based on the mode of supply as:

  • Bulk 
  • Cylinder

The EMR report looks into the regional markets of food-grade industrial gases like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Market Analysis

The global food-grade industrial gases industry is driven by the introduction of new products in the food industry and the advancements in packaging technology. The freezing and chilling segment is expected to represent the biggest share of the market for food-grade gases. Freezing also slows many enzymatic processes, making food products stable. It reduces the danger of bacterial growth by freezing a food item. To prevent spoilage, the freezing and chilling of food are essential. As these techniques are demanded by producers, customers, and distributors, the use of food-grade industrial gases is anticipated to accelerate in the forecast period. With the advancements in packaging technologies, carbon dioxide demand is expected to stay the highest in the market for food-grade industrial gases.

Global Food-Grade Industrial Gases Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global food-grade industrial gases market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • The Linde Group      
  • Air Products & Chemicals, Inc. (NYSE: APD)  
  • Air Liquide  
  • The Messer Group GmbH      
  • Taiyo Nippon Sanso  
  • SOL Group  
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • End Use
  • Mode of Supply
  • Region
Breakup by Type
  • Carbon Dioxide
  • Nitrogen
  • Oxygen
  • Others
Breakup by Application
  • Freezing and Chilling
  • Packaging
  • Carbonation
  • Others
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
Breakup by Mode of Supply
  • Bulk
  • Cylinder
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Linde Plc
  • Air Products and Chemicals, Inc.
  • Air Liquide S.A.
  • Messer Group GmbH
  • Taiyo Nippon Sanso Corporation
  • SOL Group
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global food-grade industrial gases market attained a value of nearly USD 8.63 billion.

The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 14.33 billion by 2032.

The major market drivers are the increasing demand for convenience food products and carbonated beverages and the surging product launches in the food and beverage sector.

The key trends in the market are introduction of new products in the food industry and the advancements in packaging technology.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of food-grade industrial gases are carbon dioxide, nitrogen, and oxygen, among others.

The several applications of food-grade industrial gases in the market are freezing and chilling, packaging, and carbonation, among others.

The various end uses of food-grade industrial gases are beverages, meat, poultry, and seafood products, dairy and frozen products, fruits and vegetables, convenience food products, and bakery and confectionery products, among others. 

The significant modes of supply considered in the market report include bulk and cylinder. 

The key market players are Linde Plc, Air Products and Chemicals, Inc., Air Liquide S.A., Messer Group GmbH, Taiyo Nippon Sanso Corporation, and SOL Group, among others.
 

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124