The Latin America, Middle East and Africa Food Grade Gases Market would witness market growth of 9.8% CAGR during the forecast period (2022-2028).
In many places, the work-from-home trend that emerged during the pandemic has increased demand for carbonated beverages, boosting the market growth. Carbonated beverages include sparkling water (seltzer water), soft drinks, and carbonated wine, which shares many traits with fermented sparkling wine while being produced more cheaply.
In a carbonator, where vaporized carbon dioxide is combined under pressure with water that has been temperature-controlled, carbon dioxide is added to the fluid during the carbonation process. After that, syrups, sweeteners, and other components are included to make the finished item.
This phenomenon causes the bubbling and fizzing of soft drinks. Although beer is one of the most popular carbonated alcoholic beverages, it is typically made with carbon dioxide from fermentation. As long as the container is shut and oxygen is driven out, carbonation can help stabilize a beverage shelf and keep aerobic bacteria at bay.
The United Arab Emirates has long been considered a top destination for tourism and leisure travel. The United Arab Emirates' strategy for successfully diversifying its economy depends heavily on these industries because of their sustained and significant growth over the past few years. In the United Arab Emirates, the hospitality industry has grown significantly during the past several years. One of the main reasons the hospitality, tourism, and leisure sectors have risen in the UAE is the country's connectedness to the rest of the world.
The Brazil market dominated the LAMEA Food Grade Gases Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $221.6 million by 2028.The Argentina market is experiencing a CAGR of 10.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.5% during (2022 - 2028).
Based on Mode of Supply, the market is segmented into Bulk and Cylinder. Based on Industry, the market is segmented into Beverages, Dairy & Frozen Products, Convenience Food, Bakery & Confectionery, Meat, Poultry & Seafood, Fruits & Vegetables and Others. Based on Type, the market is segmented into Carbon Dioxide, Oxygen, Nitrogen and Others. Based on Application, the market is segmented into Freezing & Chilling, Packaging, Carbonation and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Food Grade Gases Market is Predict to reach $11.1 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Linde PLC, Air Products and Chemicals, Inc., Wesfarmers Limited, PT Samator Indo Gas Tbk, Massy Holdings Ltd., Air Water, Inc., Les Gaz Industriels Ltd., Messer SE & Co. KGaA (Messer Industrie GmbH), Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings), and Air Liquide S.A.
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