North America dominated the Global Food Grade Gases Market in terms of revenue

1. Global Food Grade Gases Market thrives with the demand for prepared foods and soft drinks Market overview: The global food grade gases market represented $ 6.4 billion in 2019, and with a compound annual rate of 3.2% during the forecast period, it is estimated to reach a valuation of $ 8.1 billion by 2025. Food grade gas is used during manufacturing to prepare food to ensure compliance. It is used as a food additive or processing aid. Food grade gas is mainly used in the food and beverage industry for packaging, freezing and charring of food products, including bakery, dairy, meat, fruit and other products. Recent developments: •In October 2018 Linde AG (Germany) joined Praxair, Inc. (USA) Converged and founded Linde Plc. This merger is foreseen to reinforce the position of both these players in the food grade gas market. •In July 2018, the Messer Group (Germany), together with CVC Capital Partners Fund VII ("CVC"), acquired specific business practices in the majority of Linde (Germany) gas business in North and South America. Market Drivers and Restrains: Consumers are looking for packaged food options to further increase their demand for packaged foods and maintain a time-saving lifestyle that offers potential growth in the food grade gas market. Expanding wellness awareness is a real driving force for gas use, as shoppers must have food-free or noncritical additives, fewer prescription drugs, fewer preparations, and a generic structure. In the food and beverage industry, new grouping systems, such as changing the air grouping and determining controlled storage conditions, are based on the expansion of requests for food grade gas in the estimation period. Food manufacturers and merchants need to use food grade gas to directly meet the safe food needs of their customers, from the assembly stage to the organization of use. Food grade gas is used in the food industry for refrigeration, pooling, long life, and more. As the use of food grade gas in more food and drink products increases, the global market for food grade gas is accelerating. Furthermore, the

2. complexity of the gas combination can lead to failures such as incorrect gas settings or gas leaks, which affect the quality of the final food and limit the food grade gas market. The high cost of food grade gas is one of the main factors affecting the global food grade gases market. To know more read: https://www.marketdataforecast.com/market-reports/food-grade-gases-market Report is segmented as: The world market for food grade gases is classified by type, application, end use, and method of supply. By end use, the market is classified into beverages, meat, poultry and seafood products, dairy and frozen products, fruits and vegetables, prepared foods, bakery and confectionery products, etc. Depending on the type, the market is divided into carbon dioxide, nitrogen, oxygen, etc. Based on the method of supply, the market is divided into bulk and cylinder. By the application, the market is divided into frozen and refrigerated, packaging, carbonated and other sectors. Geographical Segmentation: North America represents 33% of the food grade gases market. Due to the growing trend in the large beverage and small brewery industry, the demand for carbon dioxide in North America is growing, and the United States is the largest and fastest growing market. Europe also has a large share of market value in the global food gas market due to regional economic stability and industrial development. Developing regions, for example, Southeast Asia, are encountering huge development in the worldwide food grade gas market because of expanded utilization of meat, dairy items, shellfish and other food items. Impact of COVID 19 on Food Grade Gases Market Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to almost 200 countries around the world when the World Health Organization (WHO) declared a public health emergency. The global impact of Corona virus disease 2019 (COVID-19) has already begun to be detected and will have a major impact on the food grade gas market in 2020.

3. Key market players: Some of the major players in the global food grade gases market are Air Products & Chemicals, Air Water, Inc, Linde Group, Messer Group, Air Liquide, Taiyo Nippon Sanso, SOL Group, Wesfarmers Ltd., Tyczka Group, Gulf. frozen. View sample and decide: https://www.marketdataforecast.com/market-reports/food-grade-gases- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich

4. experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/