Industry Analysis, Size, Share, Growth, Trends And Forecast 2030

The global food-grade gases market size is expected to reach USD 11.53 Billion in 2030 and register a revenue CAGR of 5.8% over the forecast period, according to the latest report by Reports and Data. The market revenue growth is expected to be driven by rise in demand for frozen food products in developed and developing countries as a result of urbanization, rising disposable income, and retail network expansion. Food-grade gases are additives that play a major role in the preservation and packaging of foods. These gases are primarily used to grind, freeze, and package a wide range of products, including dairy and bakery products, fish and seafood, beverages, poultry products, vegetables and fruits, and ready-to-eat meals. In addition, the usage of food-grade gases has expanded in the food industry to maintain food quality. Modified Atmosphere Packaging (MAP), which is used to preserve minimally processed food products such as fish, meat, vegetables, and fruits, is the most common packaging method using carbon dioxide in food processing applications. Also, MAP helps to prevent food spoiling by suppressing microbial growth, oxidation, browning, and moisture loss.

Consumers have a perception that frozen food products are low-grade as compared to fresh food. However, this perception is changing rapidly because of the emergence of new freezing technologies, which aid in the preservation of perishables without the use of artificial flavoring agents and chemicals. Cold pressing or cryogenic technology, for example, has gained popularity in recent years by utilizing gases such as nitrogen or carbon dioxide. The process includes injecting liquid carbon dioxide or nitrogen to eliminate heat. Thus, the increased use of food-grade gases for freezing and extending the shelf life of food products is a key factor driving the growth of global food-grade gases market.

Some Key Highlights From the Report

  • Nitrogen segment is expected to register a significant revenue growth rate during the forecast period. Nitrogen extends the shelf life of packaged foods and protects them from oxidation and moisture migration, which can lead to spoiling. Additionally, nitrogen is utilized to keep perishable food products cool during transportation and these factors are expected to drive market revenue growth over the forecast period.
  • Food safety procedures rely heavily on packaging, and MAP technology can keep perishable items fresh for longer period. In general, MAP can extend the shelf life of meat and poultry items by two to three times, while baked goods shelf-life can be extended by three to four times. Modified-atmosphere packaging is widely used for protecting chilled meat and poultry, refrigerated foods, ready meals, and fresh pasta and produce.
  • Meat, poultry & seafood products segment accounted for largest revenue share in the food-grade gases market in 2020. The growing preference for frozen food products as a result of changing lifestyles and convenience is a major factor driving demand for food-grade gases in the food and beverage industry.
  • Market in Asia Pacific is expected to expand at a rapid revenue CAGR in global food-grade gases market over the forecast period, owing to developing cold-chain infrastructure and changing consumer preferences for packaged food products. The climate in Asia Pacific region ranges from tropical to semi-tropical, therefore certain food products must be kept refrigerated to avoid deterioration. In addition, cold chain infrastructure is still being developed in some of the region’s emerging countries. This is expected to drive the market for food-grade gases in the region.
  • Companies profiled in the market report are Air Products, Inc., Air Liquide S.A., Messer Group GmbH, Taiyo Nippon Sanso Corporation, Wesfarmers Limited, SOL Group, Gulf Cryo, Air Water, Inc., National Gases Limited, and Les Gaz Industriels Ltd.

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For the purpose of this report, Reports and Data has segmented global food-grade gases market based on product type, supply type, application, end-use, and region:

  • Product Type Outlook (Revenue, USD Million; 2018-2030)
    • Carbon dioxide (CO2)
    • Nitrogen
    • Oxygen
    • Others
  • Supply Type Outlook (Revenue, USD Million; 2018-2030)
  • Application Outlook (Revenue, USD Million; 2018-2030)
    • Freezing & Chilling
    • Packaging
    • Carbonation
    • Others

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  • End-Use Outlook (Revenue, USD Million; 2018-2030)
    • Beverages
    • Meat, Poultry & Seafood Products
    • Dairy & Frozen Products
    • Fruits & Vegetables
    • Convenience Food Products
    • Bakery & Confectionery Products
    • Others
  • Regional Outlook (Revenue, USD Million; 2018-2030)
    • North America
      1. S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. K.
      3. France
      4. Italy
      5. Spain
      6. Sweden
      7. BENELUX
      8. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MEA
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Israel
      5. Rest of MEA

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