Europe Food Grade Dry Ice Market was valued at USD 400 Million in 2022 and is projected to reach USD 700 Million by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
Food grade dry ice has emerged as a crucial component in various industries across Europe, especially in the sectors of food preservation, transportation, and pharmaceuticals. The Food Grade Dry Ice Market is experiencing a significant surge in demand due to its unique ability to keep perishable items frozen for long durations, without the risk of contamination. Its primary applications range from keeping food products cold during transit to maintaining the required low temperatures in lab environments.
In the food industry, dry ice plays a vital role in maintaining the freshness of perishable goods. For example, in the transportation of seafood, meat, and frozen foods, it acts as a reliable cooling agent, ensuring that products arrive at their destination without spoilage. Its use has become increasingly popular in the supply chain of restaurants and grocery stores, where efficiency and time-sensitive deliveries are essential.
In addition to the food sector, the pharmaceutical industry is another major consumer of food-grade dry ice. Medicines and vaccines that need to be stored and transported at low temperatures are often handled using dry ice. This is especially important for the safe delivery of temperature-sensitive biologics, ensuring that products like insulin or COVID-19 vaccines maintain their efficacy throughout the distribution process.
The growing demand for food-grade dry ice has led to a surge in production, with many manufacturers focusing on improving the quality and safety of dry ice. For industries requiring strict compliance with safety standards, food-grade dry ice is produced with meticulous care to ensure it meets high purity levels, devoid of any contaminants that could potentially compromise product quality.
The European market for food-grade dry ice is poised for substantial growth in the coming years, driven by increasing requirements from industries such as food processing, logistics, and healthcare. As consumer demand for high-quality frozen goods and temperature-sensitive products continues to rise, the role of food-grade dry ice in these industries will only grow more critical. Additionally, with the increasing importance of sustainability and environmental consciousness, the demand for dry ice is expected to continue as companies seek eco-friendly alternatives to traditional refrigeration methods.
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Linde
Air Liquide
Taiyo Nippon Acid
Iwatani
Lanzhou Yulong Gas
Polar Ice
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Food Grade Dry Ice Market
Food Preservation
Transport and Shipping
Quick Freeze Operations
Catering and Event Management
Laboratory and Pharmaceuticals
Food and Beverage
Healthcare and Pharmaceuticals
Events and Catering Services
Logistics and Transportation
Research and Development
Pellets
Blocks
Slabs
Custom Shapes
Bulk Dry Ice
Direct Sales
Online Retail
Wholesale Distributors
Specialty Chemical Suppliers
Food Supply Chain Suppliers
Thermal Insulated Containers
Standard Cardboard Boxes
Plastic Bags
Recyclable Packaging Solutions
Custom Packaging Options
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Food Grade Dry Ice Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Food Grade Dry Ice Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Food Grade Dry Ice Market, By Type
6. Europe Food Grade Dry Ice Market, By Application
7. Europe Food Grade Dry Ice Market, By Geography
Europe
Germany
UK
France
8. Europe Food Grade Dry Ice Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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