(Food-Beverage-News.Com, July 30, 2021 ) Global Beverage Grade Gas Market was valued at US$ 8,041.8 Mn in 2020, estimated to reach US$ 12,722.8 Mn in 2027 with a CAGR of 7.0% from 2021-2027.
Beverage grade gases like nitrogen are passed through liquid products particularly cooking oil to reduce dissolved oxygen & achieve good quality. Nitrogen gas is used as a propellant in aerosol dispensed food products including creams & cheeses a well as to create microbubbles in desserts for improving texture and inducing fluffiness. Increasing demand for nitrogen in beverage industry for processing on account of the aforementioned properties is expected to have a positive impact on the market over the next seven years. Large oxygen controlled bulk stores for fruits & vegetables are finding applications in the food and beverage sector for increasing shelf life.
Europe has accounted for the highest market share in 2020 due to high consumption of beverage such as cider and soft drink.
APAC region is expected to grow at the highest rate during 2021-2027. The APAC region is expected to witness growth due to the shift from beer to cider on account of nutritional benefits owing to the increase in health-conscious consumers. The evolving trend of fruit sourced ingredients across various product categories, particularly in beverages, has surged the market for fruit-flavored alcohol. Countries such as India & China are predominantly witnessing high demand for apple sand fruit-flavored ciders.
Recent Developments:
In January 2021: Gulf Cryo had unveiled its plans for CO2 (Carbon Dioxide) recovery plant in Saudi Arabia. Gulf Cryo will procure, install & operate largest CO2 (Carbon Dioxide) emissions capture plant in the Middle East, to be located in Saudi Arabia. The new CO2 (Carbon Dioxide) recovery plant investment will allow it to double its existing CO2 production capacity in Saudi Arabia and will capture more than 250,000 tons per year of Carbon Dioxide emissions in order to produce high-purity, food-grade green CO2. With this strategic investment, Gulf Cryo aims to maintain the leading role in the challenging transition to a low carbon future in Middle East and Saudi Arabia Inquire about this report @ https://qualiketresearch.com/request-sample/Beverage-Grade-Gas-Market/inquire-before-buying Market key Players
Various key players are listed in this report such as Air Liquide, The Messer Group GmbH, Taiyo Nippon Sanso, American Welding & Gas, SOL Group, Purity Cylinder Gases Inc., Gulf Cryo, SIAD, Cryogenic Gases, Chengdu Taiyu Industrial Gases Co., Ltd, Air Source Industries, Air Products & Chemicals, Inc, etc.
Market Taxonomy
By Types of Beverages • Ciders • Soft drinks • Others
