The global Food Grade Gases market is anticipated to grow significantly at a CAGR of 4.2% over the forecast period (2021-2027). The key aspect that drives the growth of the global Food Grade Gases market is the key contributions done by the prominent players operating in the market during the forecast period. Players such as Air Liquide SA, Air Products & Chemicals, Inc., Linde Plc, Massy Group, The Messer Group GmbH, Wesfarmers Ltd., and Mitsubishi Chemical Holdings Corp. (Taiyo Nippon Sanso) among others are substantially contributing to the market growth by adopting various growth strategies. The prominent market players also focus on their network expansion of innovation centers, which allows them to reach more customers on new product developments and reformulations and make investments.
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- In August 2020, Linde Plc announced the merger of Praxair Inc., its US-based subsidiary, under the brand Linde. This name change reflects the company’s evolution following the merger of Praxair, Inc. and Linde AG.
- In August 2019, Air Products & Chemicals Inc. acquired GE’s (US) gasification business and technology. This acquisition will allow the company to offer its customers complete solutions, including technology, financing, engineering, construction, and operation of large syngas projects.
Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Gas Type, Application, and End-Use
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Air Liquide SA, Air Products & Chemicals, Inc., Linde Plc, Massy Group, The Messer Group GmbH, Wesfarmers Ltd., and Mitsubishi Chemical Holdings Corp. (Taiyo Nippon Sanso) among others
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Global Food Grade Gases Market – Segmentation
By Gas Type
- Oxygen
- Carbon Dioxide
- Nitrogen
- Sulphur Dioxide
- Others
By Application
- Freezing & Chilling
- Packaging
- Carbonation
- Others
By End-Use
- Beverages
- Fruits & Vegetables
- Dairy & Frozen Products
- Meat, Poultry, & Seafood Products
- Bakery & Confectionery Products
- Convenience Food Products
- Others (Sauces, Oil)
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
