With the emergence and long-term Impact of COVID-19, Global Food-grade Industrial Gases Market to reach USD XXX Million by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Food-grade Industrial Gases Market points towards a potential rise to USD XXX Million by 2030. Food grade industrial gases are gases that are used in the food and beverage industry to preserve food, extend its shelf life, and improve its quality. The most common food grade industrial gases are nitrogen, carbon dioxide, and oxygen. The food grade industrial gases market is expected to grow in the coming years due to the increasing demand for processed and packaged food.
Processed and packaged food requires the use of food grade industrial gases to preserve its quality and extend its shelf life. The rising disposable incomes and changing lifestyles of consumers are also expected to drive the growth of the food grade industrial gases market. Moreover, expansion of the food and beverage industry and growth of the e-commerce sector is creating lucrative growth opportunity for the market over the forecast period 2023-2030.
Geographically, the global Food-grade Industrial Gases market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America is the largest market for food grade industrial gases. The market in North America is driven by the increasing demand for processed and packaged food, the rising disposable incomes and changing lifestyles of consumers, and the development of new food grade industrial gases. Asia Pacific is the fastest growing market for food grade industrial gases. The market in Asia Pacific is driven by the increasing demand for processed and packaged food, the rising disposable incomes and changing lifestyles of consumers, and the growth of the e-commerce sector.
The global Food-grade Industrial Gases market is highly competitive owing to the presence of several key players such as Air Liquide Linde Group Praxair Air Products and Chemicals Messer Group Taiyo Nippon Sanso Corporation Wesfarmers Limited Air Water Inc. Sol Group Gulf Cryo, and others.
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Key findings of the study suggest:
- Global Food-grade Industrial Gases Market is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2023-2030.
- In the Type segment, Carbon Dioxide emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to the increasing demand for processed and packaged food, the rising disposable incomes and changing lifestyles of consumers, and the development of new food grade industrial gases.
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- Carbon Dioxide
- Nitrogen
- Oxygen
- Others
By End-use Industries:
- Beverages
- Meat
- Poultry
- Seafood Products
- Bakery and Confectionery Products
- Fruits and Vegetables
- Other End-use Industries
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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