Food Grade Carbon Dioxide Market Size Predicted to Increase at a Positive CAGR | Air Liquide, Air Products and Chemicals, Inc., Coregas

Published February 1, 2023

Global Food Grade Carbon Dioxide Market Size study & Forecast, by Sources (Dairy and frozen products, Beverages, Meat, Poultry, Others), by Application (Freezing & Chilling, Packaging, Carbonation) and Regional Analysis, 2022-2029, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Food Grade Carbon Dioxide market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Food Grade Carbon Dioxide market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global Food Grade Carbon Dioxide Market

Global Food Grade Carbon Dioxide Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Food grade carbon dioxide is a compound that is used to preserve food and is non-toxic, non-flammable and non-pyrophoric, along with being safe to handle and easily disposed of. The market demand is majorly driven by the factors such as rising consumption of food-grade CO2 for carbonation in carbonated beverage plants, coupled with the increasing demand from the food export industry.

The growing demand from packaging and frozen food is likely to show a huge impact on the market demand owing to it being highly adopted for preserving, packaging, and maintaining the freshness of frozen products. According to Statista, the value of the worldwide frozen food market was assessed to stand around USD 272.11 billion in 2019, which is likely to increase and reach USD 366.3 billion by the year 2026. Therefore, the rising prominence of carbon dioxide in the packaging of frozen products is propelling market growth in the near future.

Moreover, the development of emerging countries, as well as rising number of initiatives by the key market players are creating lucrative opportunities in the forthcoming years. However, growing number of regulations against carbonated beverages and problems associated with the safe and proper handling of food-grade carbon dioxide are hindering market growth throughout the forecast period of 2022-2029.


The key regions considered for the Global Food Grade Carbon Dioxide Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the presence of highly organized infrastructure and growing demand for food-grade carbon dioxide. Whereas, Asia Pacific is expected to grow at the highest CAGR during the forecast period. Factors such as development of the carbonation industry with various bottling companies, as well as increasing requirements from the meat processing industry are burgeoning the market growth in the forecasting years.


Major market players included in this report are:

  • Air Liquide
  • Air Products and Chemicals, Inc.
  • Coregas
  • Ellenbarrie Industrial Gases
  • IFB Agro Industries Limited
  • Linde plc
  • Messer
  • Sicgil India Limited
  • WKS Industrial Gas Pte Ltd


Recent Developments in the Market:

In April 2022, PepsiCo. successfully completed the establishment of its largest bottling plant that is located in Bihar, India. The new plant was constructed with the objective of producing 16.22 million cases of carbonated soft drinks per year.

In March 2021, Guanggang Gas announced that the company acquired Linde Wuhu Carbon Dioxide Company that included east China’s largest carbon dioxide plant, with a production of food and industrial-grade carbon dioxide with a capacity of 100,000 tons per year.

Global Food Grade Carbon Dioxide Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Sources, Application, Region


Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.

The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:


By Sources:

  • Dairy and frozen products
  • Beverages
  • Meat
  • Poultry
  • Others


By Application:

  • Freezing & Chilling
  • Packaging
  • Carbonation

Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

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Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on: Report Ocean provides complete tailor-made market reports that deliver vital market information on industry. Our market reports include:

  • Market Sizing and Structuring
  • Micro and macro analysis
  • Regional dynamics and Operational landscape
  • Demographic profiling and Addressable market
  • Legal Set-up and Regulatory frameworks
  • Profitability and Cost analysis
  • Segmentation analysis of Market
  • Existing marketing strategies in the market, Best practice, GAP analysis
  • Competitive landscape, Leading market players, Benchmarking
  • Future market trends and opportunities – Scenario modeling


Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.


Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis Our team will be able to provide clear answers, identify key opportunities, new investments, and recommend high quality strategy routes in the market. These answers will include a holistic analysis of the:

  • Existing market infrastructures
  • Market challenges and opportunities
  • Potential for growth in certain industries in the coming years
  • End-consumer target groups and their potential volumes of operation
  • Best regions and segments to target
  • Pros and cons of various promotion models
  • Touch points and an opportunity breakdown within the value chain
  • Market size and growth rate during forecast period.
  • Key factors driving the Market.
  • Key market trends cracking up the growth of the Market.
  • Challenges to market growth.
  • Key vendors of Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.


The Study Explore COVID 19 Outbreak Impact Analysis


  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in Food Grade Carbon Dioxide Market Report:

Global Food Grade Carbon Dioxide Market Research Report
Section 1: Global Food Grade Carbon Dioxide  Industry Overview
Section 2: Global Economic Impact on Food Grade Carbon Dioxide  Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Food Grade Carbon Dioxide  Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Food Grade Carbon Dioxide  Market Forecast

……..and view more in complete table of Contents

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