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Current Strategies For Food-grade Industrial Gases Market :a Review 2019
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The food-grade industrial gases market is projected to reach $9,108.3 million by 2019, at a CAGR of 7.0% from 2014 to 2019
The food & beverage industry has been benefitted by food-grade industrial gases, primarily nitrogen, oxygen, and carbon dioxide which are used to chill, freeze, and package a variety of food products such as dairy & frozen products, beverages, fruits & vegetables, meat, fish & seafood, convenience foods, and bakery & confectionery. Health-conscious consumers are demanding lesser additives, safer, and fresher food products. Food & beverage manufacturers face challenges to preserve the quality and freshness of foods, and gas applications such as chilling, freezing & chilling, and packaging help improve quality, extend shelf-life, and optimize distribution capabilities.
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The demand for nitrogen as a food grade gas is growing as modified atmospheric packaging (MAP) is increasingly being adopted in the food processing & packaging industry. The Asia-Pacific region is the largest market for food-grade industrial gases, followed by North America and Europe. The market is matured in North America and Europe, while China and India are the fastest-growing markets in the Asia-Pacific region.
This report analyzes the market by type, application, product type, and region. Geographically, the report is segmented into North America, Asia-Pacific, Europe, and Rest of the World (RoW). The types of food-grade industrial gases studied are carbon dioxide, nitrogen, oxygen, and others (hydrogen and argon). These gases are applicable for freezing & chilling, packaging, carbonation, and other applications (blanketing, purging, sparging, and hydrogenation).The product types that use these applications include dairy & frozen products, beverages, fruits & vegetables, meat, fish & seafood, convenience foods, & others (oil, sauces, dressings, and condiments).
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