What? When? Why?
Latest Happenings in Business World
11
Nov-2019
Sneak Peek into the Global Food Grade Industrial Gases
The Global Food Grade Industrial Gases Market was worth $7.56 billion in 2019 and estimated to be growing at a CAGR of 6.8%, to reach $10.50 billion by 2024.
Food Grade Industrial Gases Market Introduction:
Food-grade industrial gases are used as additives or processing aids in the manufacture of packaged food and beverages. These gases or gas mixtures must meet standards established by various government agencies such as the US Food and Drug Administration (FDA) and others.
Industrial gases are used in various applications like oil and gas, petrochemicals, mining, food, chemicals, water, etc. However, food-grade gases as an additive or a processing aid can be used in the food industries. Normally, carbon dioxide, nitrogen and oxygen are used in the food industries. Consumer demand has shifted from fresh produce to a pure diet, regardless of location and season. This is the main factor that determines the need for these gases. In addition, the consumption of packaged foods such as fresh fruits and vegetables, soft drinks, bakery and confectionery products, dairy products and frozen products, fish and shellfish and meat are on the rise.
Types:
Food-grade industrial gases are classified as processing aids or additives. Nitrogen is an inert gas and is widely used to delay oxidative and hydrolytic rancidity in fatty foods. Carbon dioxide is used in refrigeration, freezing, modified atmosphere conditioning and carbonization. Higher concentrations of carbon dioxide (greater than 5%) effectively act as an antimicrobial agent, delaying the deterioration of food. Companies are increasingly investing in the technology of unpreserved plastic packaging by replacing it with food-grade industrial gases. For example, Deccan Field Agro Industries in India used Modified Atmosphere Packaging (AMAP) to extend the shelf life of the papaya for four weeks and export the fruit to Dubai. Oxygen is generally used in combination with carbon dioxide and nitrogen for best results. Oxygen is also used in fresh fruit packaging to maintain its freshness.
Growth factors:
The growth in demand for these gases in the market is due to the latest advances in packaging technologies for freezing and refrigeration, which should also foster the growth of the global food-grade industrial market in the near future. Consumers' demand for fresh food and vegetables throughout the year is expected to fuel the global market for food-grade industrial gases. Food-grade industrial gases are widely used in a variety of applications, such as extended shelf life, freezing and cooling, preservation and carbonation, and the packaging of various beverages. The increase in health problems is the primary driver of the global market for food-grade industrial gases. Customers need food products naturally, without chemical treatment, with minimal or less processed preservatives; This, in turn, promotes the growth of the global market.
Industrial gases are a group of gases that are made specifically for use in different industries, such as the petrochemical, chemical, oil and gas industry, food, water and mining, and so on. Food grade gases are defined as gases used in the food industries as a technological aid or an additive. Nitrogen, oxygen and carbon dioxide are the gases commonly used in the food industry. The latest advances in packaging, cooling and freezing technologies are driving the market for food-grade industrial gases. Consumers demand clean, fresh foods, no matter the season or place. It is expected that everything from exotic fruits to the necessary diet will be available year-round at affordable prices. With growing demand and increasing consumption of packaged foods, including soft drinks, dairy products and frozen foods, meat, fish and seafood, bakery and confectionery products and fruits and vegetables fresh, consumption of food-grade industrial gases It increases.
Key Trends:
Banks are increasingly adopting public cloud services because they offer flexibility and agility, resulting in fewer existing and redundant data centers that increase the demand for the liquid cooling market in the cloud.
According to an Intel Security survey, the number of companies using only services in the hybrid cloud has tripled. Cloud computing providers have increased security and provided better and more robust systems, which can be very beneficial for businesses. Banks have adopted biometric authentication tools to combat identity theft and fraud. Increased digitalization and connectivity paved the way for many points of entry into the system, which generated more data, creating the need for data centers.
Regional Analysis:
North America was the largest market in the world market for food-grade industrial gases due to the increased demand for processed foods. Europe is becoming the second-largest market for industrial food-grade gases. However, it is considered an established market. The Asia Pacific is growing at a faster rate to capture a significant market in this region. Besides, it has opened new growth opportunities for food-grade industrial gases. Also, the increase in food consumption and the emergence of new technological advances have a positive impact on the global market. China is expected to become an essential market for industrial food-grade gases in the future.
WRITTEN BY:
CATEGORY
RECENT POST
CLIENTS
.webp)
