Report Overview
The Europe Food Grade Carbon Dioxide Market was valued at 250.31 million in 2022 and expected to grow at CAGR of 7.9% over forecast period.
Carbon dioxide is widely used for beverage carbonation, food preservation, and as a key ingredient in the production of dry ice for transportation refrigeration. Carbonation in soft drinks and the craft beverage industry remains a significant driver as consumer preferences evolve. Furthermore, the trend toward environmentally friendly and sustainable food and beverage production practices has led to the use of carbon dioxide for food processing, freezing, and chilling, as it eliminates the need for other chemicals or preservatives. This industry emphasis on quality, safety, and sustainability highlights the critical role of food grade carbon dioxide, positioning it as a key driver in the European food and beverage sector.
Carbon dioxide is an environmentally friendly alternative to traditional refrigerants due to its low global warming potential (GWP) and ozone depletion potential (ODP). This is consistent with EU regulations and global efforts to phase out harmful refrigerants. As a result, food processing and storage facilities are increasingly switching to carbon dioxide refrigeration systems, which not only improve energy efficiency but also reduce carbon footprint, contributing to the food industry's sustainable and eco-friendly trends.
Application Outlook
Based on Application, the Europe Food Grade Carbon Dioxide Market is segmented in Freezing & Chilling, Packaging, Carbonation. Packaging segment accounted for largest share in 2022. The demand for modified atmosphere packaging (MAP) and the growing preference for extended shelf life and food preservation are driving the Europe food grade carbon dioxide in packaging market. In MAP, food grade carbon dioxide is used to displace oxygen and create a controlled environment within packaging, which helps to inhibit the growth of spoilage microorganisms and oxidative reactions, thereby extending the freshness and shelf life of various food products. As consumers seek more convenient and long-lasting food options, the use of MAP with food grade carbon dioxide as a packaging gas has become a critical driver.
Furthermore, as concerns about food waste and sustainability grow, the use of carbon dioxide in packaging aligns with the goal of reducing food loss by extending product edibility, making it an important component in addressing these challenges within the European food industry.
Source Outlook
Based on Source, Europe Food Grade Carbon Dioxide Market is segmented into Meat, Poultry, and Beverages. Beverages accounted for largest share in 2022. The Europe food grade carbon dioxide in beverages market is primarily driven by the region's demand for high-quality beverages and the region's continued popularity of carbonated beverages. Carbonation in soft drinks, sparkling water, and various alcoholic beverages requires carbon dioxide to provide the effervescence that consumers enjoy. As carbonated beverages continue to be a staple in the European beverage market, a key driver is the consistent demand for carbon dioxide to create and maintain carbonation.
Carbon dioxide is widely employed for meat packaging, where it helps create a modified atmosphere that inhibits the growth of spoilage microorganisms and pathogens while reducing oxidation and discoloration. With consumers prioritizing food safety and longer-lasting, high-quality meat products, the adoption of carbon dioxide in meat packaging has become crucial.
Country Outlook
Germany has emerged as leading market for Europe Food Grade Carbon Dioxide Market in 2022. Germany's food grade carbon dioxide market is primarily driven by the country's robust beverage industry, including demand for carbonated soft drinks and beer, where carbon dioxide is a necessary component for effervescence. Furthermore, the popularity of sparkling water and mineral water in Germany contributes to the ongoing demand for food grade carbon dioxide.
The France food grade carbon dioxide market is primarily driven by the nation's strong culinary culture, wine production, and the popularity of carbonated beverages. Carbon dioxide is vital for carbonating beverages like sparkling water, soda, and beer, which are widely consumed in France. Additionally, it plays a crucial role in wine production, where carbon dioxide is used for cooling and fermentation processes. As consumers seek high-quality and refreshing beverages, the demand for carbon dioxide remains robust.
Recent Key Developments in Europe Food Grade Carbon Dioxide Market
- In May 2023, Messer and BASF announced plans to develop carbon dioxide recovery plant in Austria. Under the plans, Messer will refine the recovered CO2 up to food grade quality and use it to increase supply reliability in western Austria, South Tyrol, eastern Switzerland and Bavaria, where it already supplies multiple customers.
- In June 2022, Tata Chemicals announced launch of UK’s largest carbon capture plant with investment of USD 21 million. The plant with convert carbon dioxide to food and pharmaceutical grade and used as a raw material in the manufacture of sodium bicarbonate which will be known as Ecokarb.
Europe Food Grade Carbon Dioxide Market Report Scope
Report Attribute | Details |
Market Value in 2022 | USD 250.31 Million |
Forecast in 2030 | USD 398.34 Million |
CAGR | CAGR of 25.7% from 2023 to 2030 |
Base Year of forecast | 2022 |
Historical | 2018-2021 |
Units | Revenue in USD Billion and CAGR from 2023 to 2030 |
Report Coverage | Revenue forecast, Industry outlook, competitive landscape, growth factors, and trends |
Segments Scope | By Application, By Source |
Countries Covered | Germany, United Kingdom, France, Italy, Russia, Spain, Netherlands, Switzerland, Sweden, Poland |
Key Companies profiled | Linde plc; Air Liquide S.A.; Messer Group GmbH; SOL Group; Air Products and Chemicals, Inc.; Nippon Gases; Carbagas; Carburos Metálicos; SIAD Group; EPC Group; CLAIND |
Europe Food Grade Carbon Dioxide Market Segmentation
Application Outlook (Revenue, USD Million, 2018 - 2030)
- Meat
- Poultr
- Beverages
Source Outlook (Revenue, USD Million, 2018 - 2030
- Freezing & Chilling
- Packaging
- Carbonation
Europe Food Grade Carbon Dioxide Market, By Country
- Germany
- United Kingdom
- France
- Italy
- Russia
- Spain
- Netherlands
- Switzerland
- Sweden
- Poland