Market Size of Food-grade Industrial Gases Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Food Grade Industrial Gasses Market Analysis
The global food-grade industrial gases market is estimated to register a CAGR of 6.5% during the forecast period (2020-2025).
- The increasing demand for fresh products and packaged food has led to the use of industrial gases in the food and beverage sector. The increasing working hours and changing lifestyles have affected the growth of convenience or packaged food. This has resulted in the growth of packing technologies and frozen foods. Nitrogen, carbon dioxide, and oxygen are the major industrial gases that are used in various food applications, such as freezing, packaging, chilling, and grinding.
- Food-grade industrial gases are classified as processing aids or additives. Nitrogen is an innert gas and is extensively used to delay oxidative and hydrolytic rancidity in fat-rich foods. Carbon dioxide is used in cooling, freezing, modified atmosphere packaging, and carbonization. Higher concentrations of carbon dioxide (above 5%) effectively act as antimicrobial agents, thereby, delaying food spoilage.
- The companies are increasingly investing in packaging technologies that are free from synthetic preservatives, by replacing them with food-grade industrial gases. For example, Deccan Field Agro Industries from India utilized active modified atmosphere packaging (AMAP), in order to extend the shelf life of papaya by over four weeks and to export the fruit to Dubai.
