According to the research report titled ‘Global Food Grade Gases Market Size study, by Type (Carbon Dioxide, Nitrogen, Others), Application (Freezing & Chilling, Packaging & Carbonation), End-User (Beverages, Meat & Seafood, Packaged Products) and Regional Forecasts 2020-2027‘, available with Market Study Report, global food grade gases market was valued at USD 6.1 billion in 2019 and is anticipated to register a CAGR of 6.90% during 2020-2027.
 

Flourishing food processing industry in developed and emerging nations, increasing presence of microbreweries, and changing individual’s preference towards consuming packaged food are the major factors expected to drive the global food grade gases market growth during the forecast period.
 

Several processing applications of these gases such as chilling, solidifying, and bundling will positively influence the global food grade gases market outlook. As per the USDA Foreign Agricultural Service, Poland is the leading food producer in Eastern Europe and is regarded as 7th largest in the European Union. In 2018, the food processing sector contributed 7% to the country’s gross domestic product. The report further stated that, food product exports industry generated revenues worth USD 224.4 million in 2018, which was predicted to hit USD 258.8 million mark by the end of 2020.
 

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Moreover, adoption of several strategies by private companies that offer food grade gases to comply with strict government norms and standards set by food regulatory authorities is contributing to the industry growth.
 

Based on end-user scope, global food grade gases industry is bifurcated into beverages, meat & seafood, and packaged products. With regards to application spectrum, the industry is classified into freezing & chilling, and carbonation & packaging. While as per, the market is divided into carbon dioxide, nitrogen, and others.
 

From regional perspective, global food grade gases market landscape is fragmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. Europe market is witnessing tremendous revenue gains in current times mainly due to flourishing food processing sector along with adoption of strategies by leading companies that provide food grade gases in the region.
 

 Meanwhile, Asia Pacific food grade gases market is anticipated to record strong growth rate over 2020-2027, owing to increasing demand for packaged food & beverages as well as surging number of food processing facilities in countries like China & India.
 

Major players operating in global food grade gases industry sphere include Air Water Inc., Coregas Pty Ltd., The Massy Gas Products Ltd., Linde plc, The Messer Group GmbH, Gulf Cryo, Air Liquide SA, SOL Group, Taiyo Nippon Sanso Corporation, and Air Products and Chemicals Inc.