The study on the Global Food-Grade Gases Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Food-Grade Gases Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Food-Grade Gases industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Food-Grade Gases industry
The global food-grade gases market size is expected to reach USD 9.77 Billion at a steady CAGR of 6.3% in 2028, according to latest analysis by Emergen Research. Robust projected revenue growth can be attributed to increasing government incentives and policies in various developed and developing countries to promote exports of food and dairy products, vegetables, meats, and seafood. Rising demand for healthy, safely packed, and tasty food products is opening up major revenue opportunities for players operating in frozen, chilled, and packaged food products verticals in the market. Global food-grade gases market revenue growth is also being driven by research and development and various technological advancements to enhance shelf life and maintain quality of packaged and frozen food products.
Modified Atmospheric Packaging (MAP) opens up more lucrative opportunities for packaged food product manufacturers to deploy technologies based on freezing and chilling to reduce microbial growth in food products. In addition, major companies are increasingly investing in packaging technologies such as cryogenics and Individual Quick Freezing (IQF) that enhances the shelf life of dairy products, retains taste and texture of food products, and reduces need for natural and artificial preservatives in food and beverages.
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Objectives of the Report:
- Industrial structure analysis of the Food-Grade Gases market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Food-Grade Gases market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Food-Grade Gases market
Market Scope: The report explains the scope of various commercial possibilities in the global Food-Grade Gases market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
The leading market contenders listed in the report are:
Air Liquide, Air Products and Chemicals, Inc., AIR WATER INC, Coregas, Gulf Cryo, Linde plc, SOL Spa, TAIYO NIPPON SANSO CORPORATION, Massy Gas Products (Trinidad) Ltd., Messer Group., Gruppo SIAD, and Praxair Technology, Inc
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Segmentations of the Food-Grade Gases Market
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Carbon dioxide
- Nitrogen
- Argon
- Oxygen
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Freezing
- Chilling
- Packaging
- Carbonation
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Frozen Products
- Vegetables
- Dairy Products
- Meat & Seafood
- Beverages
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Geographical Segmentation:
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Food-Grade Gases Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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