LONDON, July 23, 2015 /PRNewswire/ -- The food-grade industrial gases market is projected to reach $9,108.3 million by 2019, at a CAGR of 7.0% from 2014 to 2019
Food-grade industrial gases are effectively used in the food industry for freezing & chilling, packaging, and carbonation of food products such as dairy & frozen products, beverages, fruits & vegetables, meat, fish & seafood, bakery & confectionery, and convenience foods. Rising consumer demand for packaged foods of good quality, variety, and freshness is driving the market for food-grade industrial gases. Due to this growing demand, packaging technologies such as modified atmospheric packaging and chilling & freezing are increasingly being adopted by food & beverage manufacturers.
Both, bottom-up and top-down approaches were used to derive the size of the food-grade industrial gases market.
The market segments include types, applications, product type and region.
Key players such as Air Liquide (France), Air Products (U.S.), Praxair (U.S.), The Linde Group (Germany), Air Gas (U.S) have been profiled in the report. The market dynamics—in terms of market drivers, restraints, opportunities, and challenges—have been discussed in detail in the report.
All the growth parameters in individual segments have been considered in this report. The nitrogen segment is projected to grow as demand for techniques such as modified atmospheric packaging is growing amongst food & beverage manufacturers in order to meet consumer demand.
The report focuses on the food-grade industrial gases market, which is segmented, based on type, application, and product type, projecting the size and analyzing the trends in each of the following sub-markets.
The food-grade industrial gases market, on the basis of types has been segmented as follows
- Carbon dioxide
- Others (Hydrogen and Argon)
The food-grade industrial gases market, on the basis of applications has been segmented as follows
- Freezing & Chilling
- Others (Blanketing, purging, and sparging & hydrogenation)
The food-grade industrial gases market, on the basis of product type has been segmented as follows
- Bakery & Confectionery
- Dairy & Frozen Products
- Fruits & Vegetables
- Meat, Fish & Seafood
- Convenience Foods
- Others (Oils, Sauces, Dressings, and Condiments)
The food-grade industrial gases market, on the basis of region has been segmented as follows
- North America
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