Food-grade Gases Market Revenue, Demand, Share, Size | Emergen Research

Posted by Gracy Hill on April 3rd, 2021

The new report titled ‘Global Food-grade Gases Market’ by Emergen Research, comprises a systematic account of the significant components of the global Food-grade Gases market, which assists the readers in better interpreting the current and future market scenarios. The latest report is a paradigmatic work of the global market assessment and provides information on the key market growth trends and opportunities. Such aspects of the report further enable the readers to formulate effective business expansion strategies.

Moreover, the report highlights the robust growth trajectory of the global Food-grade Gases market, shedding light on significant market development. At the same time, the document offers detailed insights into the pertinent industries, business organizations, and various local and international manufacturers and vendors.

Read more @ https://www.emergenresearch.com/industry-report/food-grade-gases-market

Some Key Highlights in the Report

• In November 2020, Air Products APD.N, which is the world's largest hydrogen producer, announced plans to launch a 30-ton per day liquid hydrogen production plant in eastern China in 2022. The project, based in Haiyan county in Zhejiang province, would be the first large-sized commercial liquid hydrogen plant in China and the largest of its kind in Asia.
  
  
• In August 2020, Linde announced that its U.S. auxiliary, Praxair, Inc., will start working under the Linde name, viable 1 September 2020. The change in name mirrors the organization's advancement following the consolidation of Praxair, Inc., Linde AG.
  
  
• Freezing segment revenue is expected to expand at a rapid growth rate during the forecast period due to rapid increase in storage and supply chain centers for food and beverages.
  
  
• Meat and seafood segment accounted for a significantly high revenue share in the food-grade gases market in 2020, attributable to increasing demand for frozen food products globally.
  
  
• North America accounted for the largest revenue share contribution to the global food-grade gases market in 2020. Robust economic stability, rapid industrial growth, and increasing demand for frozen food products among consumers in countries in the region are some key factors driving market growth.
  
  
• Key players in the market include Air Liquide, Air Products and Chemicals, Inc., AIR WATER INC, Coregas, Gulf Cryo, Linde plc, SOL Spa, TAIYO NIPPON SANSO CORPORATION, Massy Gas Products (Trinidad) Ltd., Messer Group., Gruppo SIAD, and Praxair Technology, Inc.