United States Food Grade Carbon Dioxide Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 4.1% from 2024 to 2030.
The US Food Grade Carbon Dioxide Market plays a crucial role in several industries, with its demand growing rapidly in recent years. This versatile gas is primarily used in the food and beverage sector but also finds applications in other industries such as healthcare, pharmaceuticals, and manufacturing. As industries evolve and technology advances, the requirement for food-grade CO2 is expected to rise significantly.
Food grade carbon dioxide is highly purified CO2, ensuring it meets stringent quality standards for use in food preservation and production. It is primarily utilized in the carbonation of beverages like soft drinks, beer, and sparkling water. Additionally, food-grade CO2 serves as a refrigerant in the transportation and storage of perishable goods, extending their shelf life. Its properties allow it to act as a preservative in modified atmosphere packaging (MAP), an essential technique for keeping packaged food fresh and safe.
One of the primary industries driving the demand for food-grade carbon dioxide is the food and beverage sector. The increasing consumption of carbonated drinks, the rise in fast food chains, and the demand for ready-to-eat meals have spiked the need for high-quality CO2. For example, the ongoing trends of healthy eating, paired with the increased focus on food safety, have resulted in more advanced packaging technologies, further boosting the food grade carbon dioxide market.
In addition to the food and beverage industry, the medical sector requires food-grade CO2 for a variety of applications, such as in carbon dioxide lasers for surgery and as a gas used in medical procedures. Hospitals and clinics use the gas to perform procedures like laparoscopy and endoscopy, where CO2 helps inflate the body cavity for better visibility during surgery. The pharmaceutical industry also utilizes food-grade CO2 in the manufacture of drugs and the sterilization of medical equipment.
The food grade carbon dioxide market is further influenced by environmental considerations. As industries push for greener technologies and sustainable practices, CO2 capture and reuse from industrial processes are becoming more common. This is leading to increased availability and a steady supply of food-grade CO2, thus meeting the growing demand across various sectors.
In conclusion, as industries continue to expand and demand higher standards of food preservation and safety, the US food grade carbon dioxide market will likely continue to experience strong growth. Factors such as technological advancements, environmental concerns, and industry-specific requirements will shape the future of this essential market.
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Linde
Airgas
Air Products and Chemicals
Continental Carbonic Products
Matheson Tri-Gas
Air Liquid
Messer Group
India Glycols
SOL Group
Taiyo Nippon Sanso
Linde
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 US Food Grade Carbon Dioxide Market
Liquid Carbon Dioxide
Gas Carbon Dioxide
Food & Beverages
Pharmaceuticals
Agriculture
Other Applications
Food Processing
Carbonated Drinks Production
Meat & Seafood Packaging
Bakery Products
Cylinders
Bulk Storage
99.5% and Above
Below 99.5%
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Food Grade Carbon Dioxide 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. US Food Grade Carbon Dioxide Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Food Grade Carbon Dioxide Market, By Type
6. US Food Grade Carbon Dioxide Market, By Application
7. US Food Grade Carbon Dioxide Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Food Grade Carbon Dioxide Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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