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[teeresearch]

Food Grade Gases Global Market - Forecast(2022 - 2027)

Food Grade Gases Market Overview

Food Grade Gases Market size is estimated at $6.3 billion in 2020, projected to grow at a CAGR of 7.2% during the forecast period 2021-2026. Food grade gases are commonly used in the food industry for freezing, packaging of convenience products. Food-grade gases include carbon dioxide, nitrogen and others. The growing importance of Modified Atmosphere Packaging in the food and beverage industry for reducing microbial development is propelling market expansion. To ensure its integrity throughout the supply chain from manufacture to delivery, food-grade gas is tested to Food Chemicals Codex (FCC) standards and follows Hazard Analysis and Critical Control Points (HACCP) principles. The Food Grade Gases industry has been largely spurred by the increased demand for convenience foods and carbonation beverages. The Foodline® food-grade gas complies with all legal criteria for safety and quality. As it is for the carbon dioxide delivered for carbonating drinks via the Happydrink® service, which is aimed at the catering establishment sector, and iSpring, is aimed at residential carbonation of water and beverages. Industrial gases that are food-grade are designated as processing aids or additions. Nitrogen is an inert gas that is widely employed in fat-rich foods to prevent oxidative and hydrolytic rancidity. Cooling, freezing, modified atmosphere packing, and carbonization all employ carbon dioxide. Higher carbon dioxide concentrations (over 5%) efficiently work as antibacterial agents, preventing food decomposition, thereby, driving the Food Grade Gases industry.

Report Coverage

The report: “Food Grade Gases Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Food Grade Gases Market.

By Type: Carbon Dioxide, Nitrogen, Oxygen and Argon.

By Application: Packaging and Carbonation, Freezing and Chilling and Others.

By End-Use: Dairy Products, Meat & Seafood, Frozen Products, Vegetables, Beverages and Others.

By Geography: North America (U.S, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina and Rest of South America) and RoW (Middle East and Africa).

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Key Takeaways

Food Grade Gases Market growth is being driven by growing customer worries about the contamination and safety of nutritious items has compelled corporations to use food-grade industrial gases in packing and storage.

Geographically, North America Food Grade Gases Market held the largest revenue share of 39% in 2020 owing to the rising awareness of the importance of preserving fragrance and texture as well as extending shelf life of products in the region. The scope of the Food Grade Gases Market for various regions will be provided in the final report.

The Food Grade Gases Industry is expanding owing to emerging applications of packaging and carbonation in food and beverage industry.

The market's growth will also be fuelled by ongoing research and advancements in end use is pushing the Food Grade Gases industry forward during the forecast period 2021-2026.

Food Grade Gases Market Segment Analysis – By Type:

Based on Type, Carbon Dioxide Segment accounted for the largest revenue market share in 2020. The widespread use of CO2 in the carbonation of beers, soft drinks, and other alcoholic beverages can be linked to the causes. Carbon dioxide gas are available as ScottTM brand EPA protocol gases and can help avoid non-compliance fines and downtime due to inaccurate equipment calibration. The EPA's Protocol Gas Verification Program has recognised Air Liquid’s speciality gas manufacturing plants. To assess the amounts of reactive components, protocol standards are dual-examined, with two distinct analyses performed and analysed directly against metrology institute standards. Each cylinder comes with a certificate of accuracy. Carbon dioxide is also available as part of multi-component EPA protocols to suit any requirements, thereby driving the Food Grade Gases Industry. Nitrogen segment is anticipated to grow with the fastest CAGR of 7.4% in the forecast period 2021-2026. The chemical and physical features of gaseous nitrogen that make it ideal for use in food processing. Nitrogen is an inert gas, which means it won't react with cooked foods, altering their scents or flavours driving the segment growth.

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Food Grade Gases Market Segment Analysis – By Application:

Based on Application, Packaging and Carbonation accounted for the largest revenue market share in 2020. This is owing to the inert nature of the gas (nitrogen & carbon dioxide), which maintains the packaged items integrity by preventing undesirable chemical reactions such as oxidation or food spoiling. Furthermore, MAP is gaining popularity because it helps blanket food with food-grade nitrogen to improve the shelf life of fresh goods. MAP also helps to improve the shelf life of food by eliminating oxygen and replacing it with nitrogen, providing potential for the Food Grade Gases Industry to flourish. Freezing and Chilling is projected to witness the fastest CAGR of 7.9% during the forecast period 2021-2026. Chilling and freezing things is one of the most effective ways to combat harmful microorganisms. The growth of microorganisms slows dramatically when the temperature falls below the freezing point. Many enzymatic processes are slowed by freezing, making food products more shelf stable. The possibility of bacterial development is reduced when food is chilled. To keep goods from spoiling, they must be frozen or chilled. The use of food-grade gases is projected to rise as manufacturers, consumers, and merchants demand these technologies. Furthermore, the growth of the segment is expected to be fuelled by the growing hectic lifestyles of the working population, as well as rising health-consciousness among consumers.

Food Grade Gases Market Segment Analysis – By Geography:

Based on Geography, North America Food Grade Gases Market accounted for the 39% revenue share in 2020 owing to their hectic work schedules, millennials, a big demand group in the region, are primarily focused on consuming food products that are convenient and can be ingested with minimal preparation. As a result of the ease with which packaged food goods may be reconstituted, there has been an increase in demand for nitrogen and carbon dioxide. Furthermore, the demand for encapsulated flavors, backed by manufacturers focusing on expanding production capacity, would propel the region's market forward. Food Grade Gases industry would benefit from rising customer demand for nutritious beverages like vegetable juices and evolving labelling regulations. Furthermore, the region has the world's greatest per capita consumption of meat products. As a result, the use of Food Grade Gases in the meat sector is propelling the market forward. Asia-Pacific is predicted to be the fastest growing region during the forecast period 2021- 2026 owing to increased convenience food products demand over the projection period which propel the Food Grade Gases Market.

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Food Grade Gases Market Drivers

Increasing Demand For Packaged Food Products:

To extend the shelf life of fresh food goods, food-grade gases such as carbon dioxide (CO2), nitrogen and oxygen are commonly utilized in the packaging of convenience foods. Consumers are increasingly concerned about their nutrition and health, which is likely to benefit the industry as a whole. Consumers growing health concerns, particularly in North America and Europe, have resulted in a trend toward safer, healthier, and higher-quality food products aiding growth to the market development. The demand of carbonation for packaged food goods is growing at a quicker rate, leading to the use of atmospheric modified packaging by the food industry, which not only extends the shelf life of products but also preserves their organoleptic features driving Food Grade Gases Market.

Food Grade Gases Market Challenges

Stringent Government Regulations:

The Food Grade Gases Market's growth is hampered by the stringent government regulations globally. In most nations in North America and Europe, legislation has been enacted to safeguard food items against deterioration and contamination caused by poor manufacturing and refrigerated storage practices (carbonation). As a result, each country has chosen agencies to check consumer health issues as well as the types of materials and procedures used in food and beverage operations to determine whether they are regarded safe. A product traceability marking on the gas cylinder, valve, or valve guard is also required by law for all gas cylinders (carbon dioxide, nitrogen and others) delivered to beverage makers. These laws impose restrictions on food-grade gas makers, limiting industry expansion. To some extent, the increased cost of this product is limiting demand and short-term growth potential which further restrains the Food Grade Gases Market growth.

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Food Grade Gases Market Landscape:

The Food Grade Gases Market's main strategies include product launches, mergers and acquisitions, joint ventures, and regional expansion. Food Grade Gases Market top 10 companies are Wesfarmers Limited, Praxair, Massy Group, Gulf Cryo, The Tyczka Group, Air Products and Chemicals, Inc., The Linde Group, Messer Group, Taiyo Nippon Sanso Corporation and National Gases Ltd.

Acquisitions/Product Launches:

In March 2020, Air Products & Chemical paid USD 530 million to PBF Energy for the acquisition of five operational hydrogen plants. The acquisition will increase hydrogen production capacity by roughly 300 million standard cubic feet per day.

In October 2020, Air Products and Chemicals has launched a new website, airproducts.com, as part of the company's ongoing effort to deliver great customer service and engage with all of its stakeholders.

For more Food and Beverage Market related reports, please click here

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Milk tea #Philippines #happydrinking https://www.instagram.com/p/BxQgWqsALcH/?utm_source=ig_tumblr_share&igshid=g4onx9i0nzqy

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This stuff is delicious, and delightfully blue! 🍸 #bombaysapphire #gin #happydrinking #cheers

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Pimp your Hot chocolate! 🍫 Our secret: Dates and banana!

Time: 10 Minutes Type: Vegan kcal/ serving: 294

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Teh Tarik Kekinian Masa Kini

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Gratis ongkir untuk wilayah cluring dan sekitarnya denga minimal pembelian 10 cup.

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[acapulchra]

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