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Food Grade Gases Market To Reach USD 8.10 Billion By 2026
Market Summary The extensive demand for ready-to-eat (RTE) convenience foods, increasing industry size for processed food items and continuously improving packaging methods are key factors contributing to the modest CAGR of Food Grade Gases during the forecast period. Market Size – USD 5.90 Billion in 2018, Market Growth - CAGR of 6.6%, Market Trends – launch of differentiated products, rising demand due to growth of flavoured frozen foods.
Our Approach Our Approach Market Summary According to the current analysis of Reports and Data, the global Food Grade Gases market was valued at USD 5.90 Billion in 2018 and is expected to reach USD 8.10 Billion by year 2026, at a CAGR of 6.6%. Food grade gases are mainly used as additives and processing aids in beverage manufacturing and food packaging purposes. It is necessary that food grade gases comply with the standards set up by the concerned regulatory and governing bodies. The beverage industry finds ample usage of food grade gases in functions such as beverage storage, mixing, transport and dispensation. Moreover, manufacturers use nitrogen-based food grade gases to extend the shelf-life of packaged food and to prevent aerobic microbial growth. The consumer spending on food and beverages is on a rapid rise. All these factors together are boosting demand for food grade gases on the global scale. Nitrogen is widely used in breweries to purge tanks and to prevent the pollution of the next batch with harsh and sour flavors because of the oxidation of residual mash, wort, or beer. An increase in the number of breweries especially in the western countries will also drive the growth of food grade industrial gases market. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2118
Our Approach Our Approach Market Summary Further key findings from the report suggest • Food grade gases ensure the prevention of food spoilage while transportation till it reaches the end consumer. Food products like fatty fish and meat are particularly susceptible to decay. With the expanding meat market, the market is also witnessing an increasing demand which is forecasted to stay growing through the forecasted period. • The popularity and rise in the number of microbreweries in the North American and European countries is also pushing up the demand for the industrial food grade gases, since the latter play a very significant role in the preservation and dispensation of these beverages. • There is an upcoming trend of consuming region-inspired flavored and protein-based dietary foods. These have enhanced the demand for packaged food products for frozen meat, poultry and seafood in particular. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/food-grade-gases-market
Our Approach Our Approach Market Summary Key participants Include The Linde Group, AGA Industries, Air Liquide, The Messer Group GmbH, SOL Group, Taiyo Nippon Sanso, Air Water Inc., Praxair, Novogas Ltd. and Gulf Cryo. For the purpose of this study, Reports and Data have segmented the Food Grade Gases market on the basis of product type, supply type, application, end use, and region: Product Type (Revenue, USD Million; 2016–2026) Carbon dioxide Nitrogen Oxygen Others Supply Type (Revenue, USD Million; 2016–2026) Bulk Cylinder
Our Approach Our Approach Market Summary Application (Revenue, USD Million; 2016–2026) Freezing and Chilling Packaging Carbonation Others End Use (Revenue, USD Million; 2016–2026) Beverages Meat, Poultry and Seafood Products Dairy and Frozen Products Fruits and Vegetables Convenience Food Products Bakery and Confectionery Products Order Now: https://www.reportsanddata.com/checkout-form/2118
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