The Food Grade Gases Global Market Report 2023, provides comprehensive information on the food grade gases market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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In accordance with The Business Research Company's enlightening Food Grade Gases Global Market Report for 2023, the global landscape of food grade gases is poised for substantial growth and transformation. This transformative journey is forecasted to see the market's value ascend from a notable $7.53 billion in 2022 to an even more substantial $7.97 billion in 2023, reflecting a commendable Compound Annual Growth Rate (CAGR) of 5.8%. However, it is paramount to cast a discerning eye on external factors that have cast a shadow on global economic revival following the tumultuous COVID-19 pandemic, particularly in the short term. The ongoing conflict between Russia and Ukraine has ignited a cascade of economic reverberations, including the imposition of stringent economic sanctions on multiple nations, an abrupt surge in commodity prices, and the unearthing of supply chain disruptions. These multifaceted repercussions have collectively contributed to inflationary pressures permeating the realm of goods and services, reverberating across diverse markets worldwide.

Nevertheless, the resilience of the food grade gases market is palpable, as it is envisioned to achieve an even more substantial global market size, soaring to $9.98 billion by the year 2027. This expansion, though continuing at the same CAGR of 5.8%, underscores the enduring demand for food-grade gases, which play a vital role in the preservation, packaging, and processing of food products. In essence, the food grade gases market exemplifies the intersection of intricate economic dynamics and the indispensable role of these gases in ensuring food safety, quality, and accessibility for the global populace, rendering it a pivotal segment within the broader framework of the food industry.

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The anticipated surge in meat and seafood production is poised to become a pivotal driver for the burgeoning food-grade gases market. Meat, the consumable flesh derived from animals, and seafood products, encompassing a diverse array of marine life fit for human consumption, inherently possess a rich nutrient matrix, creating a favorable breeding ground for microorganisms. To combat this, food-grade gases emerge as invaluable allies, primarily serving in the preservation and packaging of meat and seafood products. By extending the shelf life of these delectable provisions, food-grade gases contribute to both food safety and sustainability.

For instance, in July 2020, the OECD-FAO Agricultural Outlook 2022–2031, a comprehensive report shared by the prestigious OECD iLibrary, unveiled compelling insights. The report, hailing from the esteemed Organization for Economic Cooperation and Development, projected a substantial 14% increase in global fish production, amounting to 25 megatons (MT), by 2029 in comparison to the baseline period of 2017-19. As a further testament to the evolving dynamics of the seafood industry, it is anticipated that the percentage of fish oil derived from fish waste will ascend from 41% to 45% by 2029, while the percentage of fishmeal is expected to rise from 24% to 28%. These forecasts underscore the increasing significance of the meat and seafood sectors, validating their central role in propelling the food-grade gases market forward.

In essence, the symbiotic relationship between food-grade gases, meat, and seafood production exemplifies the pivotal role of innovation and technology in addressing the challenges of the global food supply chain. As these industries continue to evolve, the imperative need for food-grade gases becomes evident, ensuring that quality, safety, and efficiency remain at the forefront of food preservation and distribution. In a world increasingly conscious of sustainability and food security, the role of food-grade gases as enablers of progress in the food industry is poised to grow, bridging the gap between supply and demand in a world where food remains an essential pillar of human life.

The food grade gases market is segmented:

1) Food Grade Gases Market By Type: Carbon Di Oxide, Nitrogen, Oxygen, Sulfur Dioxide, Other Types

2) Food Grade Gases Market By Application: Freezing and Chilling, Packaging, Carbonation, Other Applications

3) Food Grade Gases Market By End Use: Dairy and Frozen, Fish and Sea Food, Meat, Beverages, Fruit and Vegetables, Bakery and Confectionery, Other End-Users

North America was the largest region in the food grade gases market in 2022.

The table of contents in TBRC’s food grade gases market report includes:

1. Executive Summary

2. Food Grade Gases Market Characteristics

3. Food Grade Gases Market Trends And Strategies

4. Food Grade Gases Market - Macro Economic Scenario

5. Food Grade Gases Market Size And Growth

.......

26. Africa Food Grade Gases Market

27. Food Grade Gases Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Food Grade Gases Market

29. Food Grade Gases Market Future Outlook and Potential Analysis

30. Appendix

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