Market Trends of Food-grade Industrial Gases Industry
This section covers the major market trends shaping the Food Grade Industrial Gasses Market according to our research experts:
Increasing Application in Modified Air Packaging (MAP)
The demand for packaged food products is increasing at a faster pace, resulting in the food industries adopting atmospheric modified packaging, because it not only helps in increasing the shelf life of the products, but also maintains their organoleptic properties. As MAP is used to extend the shelf life of various food products, such as cheese, pasta, meat products, and others, without the use of chemicals, it being used in packaging fresh as well as organic food products. The three main gases used in MAP include oxygen, carbon dioxide, and nitrogen, which, in turn, accelerate the growth in the use of industrial food gases across the world. As MAP uses preservatives to retain the freshness of packaged food, primarily organic and fresh fruits and vegetables, meat products, and others, the doses used are in alignment with the ongoing trend of clean-labeled products across the world.
The North American Region Registered a Significant Market Share
The rising demand from various end-use industries, such as processed foods, bakery and confectionery, and breakfast cereals, in the region, are some of the major factors that are expected to boost the North American food-grade industrial gasses market, during the forecast period. Millennials, comprising a major demand group in the region, are largely focusing on consuming food products that are convenient and can be consumed with minimal preparation, owing to their busy work schedules. This has led to an increased demand for packaged food products, as they can be easily reconstituted. There is a rising trend of healthy snacks in the United States, which offers a great opportunity for industrial food-grade gases, in terms of frozen and chilled, packed snack food products. According to the government of Alberto, there has been a significant increase in the demand for ready-to-eat breakfast cereals, among the Canadian consumers, which is yet another factor that is accelerating the market for various food-grade industrial gases. Moreover, the region has the highest per capita consumption of meat products across the world. Thus, the usage of industrial gases in the meat industry is fueling the growth of the market.
