FOOD ADDITIVE LIQUID CARBON DIOXIDE MARKET
OVERVIEW
Purified liquid carbon dioxide (CO₂) used in the food and beverage industry
Key uses: carbonating beverages, food processing, preservation, packaging
Supports cryogenic freezing and controlled atmosphere storage
Helps extend shelf life and improve food safety
Applied in decaffeination and extraction processes
Market growth driven by rising demand for carbonated drinks and processed foods
MARKET SIZE AND GROWTH
AS OF 2023, THE GLOBAL FOOD
ADDITIVE LIQUID CO₂ MARKET WAS VALUED AT APPROXIMATELY
USD 663 MILLION.
FORECASTS INDICATE A COMPOUND ANNUAL GROWTH RATE (CAGR) OF 5.00%, PROJECTING THE MARKET TO REACH USD 1,028.53 MILLION BY 2032.
Growth driven by increasing demand for carbonated beverages, advanced food preservation techniques, and rising popularity of processed and frozen food products.
MARKET SEGMENTATION
By Type
Gaseous State CO₂: Used in carbonation and MAP
Liquid State CO₂: Applied in cryogenic freezing and chilling
Solid State CO₂ (Dry Ice): For transport and storage of perishables
By Application
Carbonated Beverages: Soft drinks, sparkling water, alcoholic beverages
Food Processing: Cryogenic freezing and preservation
Packaging: Modified atmosphere packaging
Others: Decaffeination, flavor extraction
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
NORTH AMERICA
Strong demand, well-developed food and beverage industry
EUROPE
Demand driven by processed foods and beverages
NORTH AMERICA
Rapid growth in China and India
SOUTH AMERICA:
Growing processing industries in Brazil and Argentina
MIDDLE EAST & AFRICA
Emerging investments in food and beverage
KEY PLAYERS
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