Market Overview:
The global food grade carbon dioxide market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for food grade carbon dioxide from the food processing and food service industries. In terms of type, the global market has been segmented into gaseous state and liquid state. The gaseous state segment is expected to account for a larger share of the market in 2018. However, the liquid state segment is projected to register higher CAGR during the forecast period owing to its growing demand from end-use industries. In terms of application, the global market has been divided into food processing and food service industry segments. The Food Processing Industry Segment accounted for majority share in 2017 and it is anticipated that this trend would continue over forecast period as well on account of rising inclination towards processed foods across globe .
Product Definition:
Food grade carbon dioxide is a food additive that is used to extend the shelf life of food products. It is also used as a propellant for aerosol cans and to create carbonated beverages.
Gaseous State:
Gaseous state is a gaseous form of carbon dioxide. It has no color, taste, or odor. It can be compressed into a liquid and solid form under specific temperature and pressure conditions. Gases are invisible particles that fill the atmosphere and can be studied by using infrared radiation or electron microscopy methods to observe their physical properties and structure.
Liquid State:
Liquid state is a special type of carbon dioxide that has been processed to remove impurities. It is used in food grade applications as an alternative to the traditional compressed gas form of CO2 and acts as a suitable replacement for it.
Food grade liquid state CO2 can be utilized in numerous applications such as fruit juice clarification, water & ice making, beverage processing and bottling, dairy products including cheese making and yogurt fermentation among others.
Application Insights:
Food service is the major application segment and accounted for over 60% of global food grade carbon dioxide market in 2017. Rising demand for packaged foods, fast foods and casual restaurants among other eateries is expected to be a key factor driving the segment growth over the forecast period.
The product has wide applications in various industries including dairy, beverage & pharmaceuticals where it is used to maintain frozen products such as fruit pulp concentrates, ice creams and sorbets at optimum temperatures. It also finds applications in several others industries such as chemical processing where it¢â‚¬â„¢s utilized to remove impurities from liquid or gas state chemicals using purification techniques like distillation or adsorption which are further processed using catalytic reforming process before they are used in consumer goods or industrial purposes respectively.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness significant growth over the forecast period. The region accounts for more than 45% of global population and has one-third of the total land area. It is a major agricultural region, with India, China, Indonesia, Myanmar (Burma), Pakistan and Bangladesh being among the top 20 rice producers in the world. Asia Pacific food processing industry generated revenue exceeding USD X billion in 2017 owing to increasing demand from emerging economies including China and India as well as other countries such as Vietnam, Thailand Philippines etc.
The growing population coupled with rising disposable income will augment demand for processed & packaged foods which will further propel market growth over next eight years.
Growth Factors:
- Increasing demand for food grade carbon dioxide from the food and beverage industry as a result of rising population and income levels in developing countries.
- Growing preference for packaged and processed foods, which requires use of food grade carbon dioxide for preservation and extending shelf life.
- Rising demand for high-quality meat products that necessitates use of CO2 as a preservative agent during processing stages.
- Rapid expansion in the global retail sector, especially in emerging markets, providing opportunities for growth of the food grade carbon dioxide market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Carbon Dioxide Market Research Report
By Type
Gaseous State, Liquid State
By Application
Food Processing, Food Service
By Companies
Linde, Airgas, Air Products and Chemicals, Continental Carbonic Products, Matheson Tri-Gas, Air Liquid, Messer Group, India Glycols, SOL Group, Taiyo Nippon Sanso, Hunan Kaimeite Gases
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Carbon Dioxide Market Report Segments:
The global Food Grade Carbon Dioxide market is segmented on the basis of:
Types
Gaseous State, Liquid State
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Processing, Food Service
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde
- Airgas
- Air Products and Chemicals
- Continental Carbonic Products
- Matheson Tri-Gas
- Air Liquid
- Messer Group
- India Glycols
- SOL Group
- Taiyo Nippon Sanso
- Hunan Kaimeite Gases
Highlights of The Food Grade Carbon Dioxide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gaseous State
- Liquid State
- By Application:
- Food Processing
- Food Service
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Grade Carbon Dioxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the key players operating in the food grade carbon dioxide market are Linde, Airgas, Air Products and Chemicals, Continental Carbonic Products, Matheson Tri-Gas, Air Liquid, Messer Group, India Glycols, SOL Group, Taiyo Nippon Sanso, Hunan Kaimeite Gases.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Grade Carbon Dioxide Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Grade Carbon Dioxide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Grade Carbon Dioxide Market - Supply Chain
4.5. Global Food Grade Carbon Dioxide Market Forecast
4.5.1. Food Grade Carbon Dioxide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Grade Carbon Dioxide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Grade Carbon Dioxide Market Absolute $ Opportunity
5. Global Food Grade Carbon Dioxide Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Grade Carbon Dioxide Market Size and Volume Forecast by Type
5.3.1. Gaseous State
5.3.2. Liquid State
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Grade Carbon Dioxide Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Grade Carbon Dioxide Market Size and Volume Forecast by Application
6.3.1. Food Processing
6.3.2. Food Service
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Grade Carbon Dioxide Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Grade Carbon Dioxide Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Grade Carbon Dioxide Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Grade Carbon Dioxide Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Grade Carbon Dioxide Demand Share Forecast, 2019-2026
9. North America Food Grade Carbon Dioxide Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Grade Carbon Dioxide Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Grade Carbon Dioxide Market Size and Volume Forecast by Application
9.4.1. Food Processing
9.4.2. Food Service
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Grade Carbon Dioxide Market Size and Volume Forecast by Type
9.7.1. Gaseous State
9.7.2. Liquid State
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Grade Carbon Dioxide Demand Share Forecast, 2019-2026
10. Latin America Food Grade Carbon Dioxide Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Grade Carbon Dioxide Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Grade Carbon Dioxide Market Size and Volume Forecast by Application
10.4.1. Food Processing
10.4.2. Food Service
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Grade Carbon Dioxide Market Size and Volume Forecast by Type
10.7.1. Gaseous State
10.7.2. Liquid State
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Grade Carbon Dioxide Demand Share Forecast, 2019-2026
11. Europe Food Grade Carbon Dioxide Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Grade Carbon Dioxide Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Grade Carbon Dioxide Market Size and Volume Forecast by Application
11.4.1. Food Processing
11.4.2. Food Service
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Grade Carbon Dioxide Market Size and Volume Forecast by Type
11.7.1. Gaseous State
11.7.2. Liquid State
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Grade Carbon Dioxide Demand Share, 2019-2026
12. Asia Pacific Food Grade Carbon Dioxide Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Grade Carbon Dioxide Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Grade Carbon Dioxide Market Size and Volume Forecast by Application
12.4.1. Food Processing
12.4.2. Food Service
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Grade Carbon Dioxide Market Size and Volume Forecast by Type
12.7.1. Gaseous State
12.7.2. Liquid State
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Grade Carbon Dioxide Demand Share, 2019-2026
13. Middle East & Africa Food Grade Carbon Dioxide Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Grade Carbon Dioxide Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Grade Carbon Dioxide Market Size and Volume Forecast by Application
13.4.1. Food Processing
13.4.2. Food Service
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Grade Carbon Dioxide Market Size and Volume Forecast by Type
13.7.1. Gaseous State
13.7.2. Liquid State
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Grade Carbon Dioxide Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Grade Carbon Dioxide Market: Market Share Analysis
14.2. Food Grade Carbon Dioxide Distributors and Customers
14.3. Food Grade Carbon Dioxide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Linde
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Airgas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Air Products and Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Continental Carbonic Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Matheson Tri-Gas
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Air Liquid
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Messer Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. India Glycols
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SOL Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Taiyo Nippon Sanso
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hunan Kaimeite Gases
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
