The food-grade industrial gases market is projected to grow at a moderate rate in the next five years. The market size is projected to increase due to the growing consumption of packaged foods and technologies in packaging and chilling & freezing of processed food products.
The report “Food Grade Industrial Gases Market by Type (Carbon dioxide, Nitrogen, Oxygen) Application (Freezing & Chilling, Packaging, Carbonation) Product Type ( Dairy & Frozen products, Beverages , Meat, Fish & Seafood) & Region - Global Trends & Forecast to 2019”, defines and segments the food-grade industrial gases market, with analyses and projections of the market size in terms of value. It also identifies the driving and restraining factors of the market, with analyses of trends, opportunities, restraints, challenges, and burning issues.
The market has been segmented and its size has been estimated and projected on the basis of key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW).
Browse 69 market data tables and 66 figures spread through 164 pages and in-depth TOC on “Food Grade Industrial Gases Market by Type (Carbon dioxide, Nitrogen, Oxygen) Application (Freezing & Chilling, Packaging, Carbonation) Product Type ( Dairy & Frozen products, Beverages , Meat, Fish & Seafood) & Region - Global Trends & Forecast to 2019"
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The food-grade industrial gases market is growing with the increasing demand and rise in consumption of packaged foods which include dairy & frozen products, beverages, meat, fish & seafood, bakery & confectionery and fruits & vegetables. These products require packaging, chilling, freezing, and carbonation which is done using food-grade industrial gases such as carbon dioxide, nitrogen, and oxygen.
The advancement in technologies for packaging, chilling, and freezing is driving the market for food-grade industrial gases. North America and Europe are mature markets for food-grade industrial gases and emerging economies such as China & India provide opportunities for growth of the market.
The food-grade industrial gases market is projected to reach $9108.3 million by 2019, at a CAGR of 7.0% from 2014 to 2019. In 2013, the Asia–Pacific region was the largest and fastest growing market
The report provides qualitative analyses of the prominent market players and their preferred development strategies. The key food-grade industrial gases manufacturers in the market identified in this report are Air Liquide (France), Air Products (U.S.), Praxair (U.S.), The Linde Group (Germany), Air Gas (U.S) Matheson Tri-Gas Inc. (U.S.), Messer Group (Germany), Sol-SPA (Italy), Emirates Industrial Gases (U.A.E.), Gulf Cryo (Kuwait).
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