(Food-Beverage-News.Com, December 14, 2017 ) Industrial gases are a group of gases which are manufactured precisely to use in a different industry, such as petrochemical, chemical, oil and gases, food, water and mining industry etc. Food grade gases are defined as gases which are used in food industries as a processing aid or additive.
Rising application of food grade industrial gases in packing and storage of frozen products, fruits, vegetables, beverages, meat, seafood, convenience foods, bakery and confectioneries is anticipated to be a major driver for market over the forecast period. Increasing health concerns among customers towards contamination and safety of nutritional products have enforced companies to deploy food grade industrial gases in packaging and storage applications. High manufacturing cost of these gases is acting as a restrain for the market.
Latin America Food Grade Industrial Gases Market is segmented by type into Carbon Dioxide, Nitrogen and Oxygen. Based on application the market is segregated into Freezing and Chilling, Packaging and Carbonation. On the basis of product type, the market is bifurcated into Meat, Fish & Seafood, Dairy & Frozen Products, Beverages, Fruits & Vegetables, Convenience Foods and Bakery & Confectionery. The demand for nitrogen as a food grade gas is increasing as modified atmospheric packaging (MAP) is gradually being implemented in the food processing & packing industry.
Geographically the market is segmented into Mexico, Brazil and Argentina. Mexico is the dominating market in Latin America region and predicted to continue its dominance over the forecast period.
Some of the key players in the market are The Linde Group (Germany), Tri-Gas Inc. (U.S.), Air Liquide (France), Air Gas (U.S), Matheson, Air Products (U.S.), Taiyo Nippon Sanso, AHG Co. Ltd., Praxair (U.S.), Emirates Industrial Gases (U.A.E.), AHG Co. Ltd., Messer Group (Germany), Sol-SPA (Italy), and Gulf Cryo (Kuwait). Expansion of the market is estimated to endorse new investments and open new markets for food grade industrial gases manufacturers in the coming years.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
