Global Food Grade Gases in Meat and Seafood Application Market, By Gas Type (Carbon Dioxide, Nitrogen, Oxygen, Others), Application (Freezing and Chilling, Packaging, Carbonation, Others), Mode of Supply (Bulk, Cylinder) – Industry Trends and Forecast to 2029.
Food Grade Gases in Meat and Seafood Application Market Analysis and Size
The food industry is under intense pressure to get products to market quickly, securely, and in the best possible condition. Furthermore, key players in the food industry are heavily investing in high-tech food preservation solutions to improve the shelf-life and nutritional value of food products.
Data Bridge Market Research analyses that the food grade gases in meat and seafood application was valued at 1.93 billion in 2021 and is expected to reach the value of USD 2.44 billion by 2029, at a CAGR of 3.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Food Grade Gases in Meat and Seafood Application Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Gas Type (Carbon Dioxide, Nitrogen, Oxygen, Others), Application (Freezing and Chilling, Packaging, Carbonation, Others), Mode of Supply (Bulk, Cylinder)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Air Products & Chemicals, Inc (U.S.), Air Liquide (France), Messer SE & Co. KGaA (Germany), Taiyo Nippon Sanso Corporation (Japan), Wesfarmers Limited (Australia), SOL Group (Italy), Air Water, Inc. (Japan), PT Aneka Gas Industri Tbk. (Indonesia), Les Gaz Industriels Ltd. (East Africa), Sidewinder Dry Ice & Gas (South Africa), Chengdu Taiyu Industrial Gases Co., Ltd (China), Siddhi Vinayak Industrial Gases Pvt Ltd (India)
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Opportunities
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Market Definition
Food grade gases are specialised gases used for food packaging, preservation, freezing, and carbonation. Argon, hydrogen, carbon dioxide, nitrogen, and oxygen are some of the most commonly used food grade gases. They prepare bakery, dairy, and meat products, fruits and vegetables, oil, sauces, dressings, condiments, and carbonated drinks. They are used in food preparation as an additive or as a processing aid.
Global Food Grade Gases in Meat and Seafood Application Market Dynamics
Drivers
- Expansion in food industry is leading to high demand for premium quality products
Significant growth in the food and beverage industry is one of the key factors driving the market's positive outlook. The demand for premium-quality meat and seafood products among health-conscious consumers is increasing, as is the demand for food grade gases. Furthermore, the widespread adoption of modified air packaging (MAP) solutions propels market growth.
- Rising product utilisation in food outlets combined growing consumer spending power
Increased product utilisation in hotels, cafes, quick service restaurants (QSRs), and microbreweries contributes to market growth. Other factors, such as rising consumer expenditure capacities and rising consumption of packaged food products among the masses, are expected to drive the market forward.
Opportunity
The development of new products, combined with rising demand from developing countries, will create numerous opportunities, resulting in the growth of the food grade gases in meat and seafood application market during the forecast period.
Restraints
Stringent government quality regulations will also act as a restraint factor in the growth of the food grade gases in meat and seafood application market during the forecast period. The safe and proper handling of gases and the availability of the right mixture of gases in controlled environment packaging will be the primary challenges in market growth.
This food grade gases in meat and seafood application market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the food grade gases in meat and seafood application market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Food Grade Gases in Meat and Seafood Application Market
The economic recovery in many developing countries is expected to drive the growth of the food grade gases in meat and seafood application market over the forecast period. Despite this, gloomy forecasts are being made due to unprecedented conditions caused by the expected third and subsequent waves. From 2001 to 2028, a study of future changes in the food-grade industrial gas market examines various scenarios of COVID-19's impact.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Food Grade Gases in Meat and Seafood Application Market Scope
The food grade gases in meat and seafood application market is segmented on the basis of gas type, application, and mode of supply. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications
Gas type
- Carbon Dioxide
- Nitrogen
- Oxygen
- Others
Mode of supply
- Bulk
- Cylinder
Application
- Freezing and Chilling
- Packaging
- Carbonation
- Others
Food Grade Gases in Meat and Seafood Applications Market Regional Analysis/Insights
The food grade gases in meat and seafood applications market is analysed and market size insights and trends are provided by country, gas type, application, and mode of supply as referenced above.
The countries covered in the food grade gases in meat and seafood applications market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The United States dominates the North America food grade gases in meat and seafood application market due to the prevalence of various organised retail chains and the growth of the food and beverage industry in the region.
Asia-Pacific region is expected to grow from 2022 to 2029 due to an increasing working population and rising levels of disposable income.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food Grade Gases in Meat and Seafood Application Market Share Analysis
The food grade gases in meat and seafood application market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to food grade gases in meat and seafood application market.
Some of the major players operating in the food grade gases in meat and seafood application market are:
- Air Products & Chemicals, Inc (U.S.)
- Air Liquide (France)
- Messer SE & Co. KGaA (Germany)
- Taiyo Nippon Sanso Corporation (Japan)
- Wesfarmers Limited (Australia)
- SOL Group (Italy)
- Air Water, Inc. (Japan)
- PT Aneka Gas Industri Tbk. (Indonesia)
- Les Gaz Industriels Ltd. (East Africa)
- Sidewinder Dry Ice & Gas (South Africa)
- Chengdu Taiyu Industrial Gases Co., Ltd (China)
- Siddhi Vinayak Industrial Gases Pvt Ltd (India)
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