MarkNtel Advisors recently published a detailed industry analysis of the Carbon Dioxide Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Carbon Dioxide Market (2023-2028)
The Global Carbon Dioxide Market is estimated to grow at a CAGR of around 4.87% during the forecast period, i.e., 2023-28.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/carbon-dioxide-market.html
What is driving the Carbon Dioxide Market?
Soaring Usage of Carbon Dioxide in the Food & Beverage Industry: Over the past few years, the global population has significantly risen and has surged the requirements for food & beverage products. According to the United Nations, in 2022, the world population reached approximately 8 billion. Moreover, developing countries in the Asia-Pacific, like India, China, etc., are undergoing urbanization & industrialization due to the evolution plans such as China’s 14th Five-Year Plan (2021-2025), India’s Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, etc., laid down by their governments.
As a result, the working population in these countries is significantly increasing. According to the Ministry of State Labour, in 2021, the employment rate in India increased to approximately 52.9%. This increase in the office-going population is resulting in a rise in demand for processed food & beverage products across the globe. Thus, to cater to this rising demand for food & beverages, the companies such as Coca-Cola, Goya Foods, etc., are expanding their food production capacity by setting up manufacturing units in different countries.
· In 2023, ITC, a leading player in the FMCG sector, inaugurated its manufacturing unit worth USD54.76 million in India to expand its production capacity for processed food products.
The CO2 is essential in food & beverage manufacturing units for various purposes such as carbonation, Freezing & Cooling, pH control, etc. Thus, the setup of new food & beverage manufacturing units across the globe to cater to the growing demand for food & beverage is driving the Global Carbon Dioxide Market.
What segments define the Carbon Dioxide market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
Based on Source
(Merchant Liquid & Solid, Merchant Gaseous, Captive),
By Region
(North America, Latin America, Europe, The Middle East & Africa, Asia-Pacific)
Explore the Complete Carbon Dioxide Market Analysis Report – https://www.marknteladvisors.com/research-library/carbon-dioxide-market.html
Who are the leading key players shaping the Carbon Dioxide Market landscape?
Air Liquide S.A, Air Products and Chemicals, Linde Plc, Taiyo Nippon Sanso, Messer Group, Strandmøllen A / S, Yara International ASA, BASF, Air Water Group, and Reliance Industries Ltd., Others
Questions Addressed in this Study
1.What factors are driving the Carbon Dioxide Market growth?
2.How is the Carbon Dioxide Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Carbon Dioxide Market?
4.What is the current size of the Carbon Dioxide Market, and how is it projected to change in the future?
6.What is the future outlook for the Carbon Dioxide Market in terms of technological advancements and market expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/carbon-dioxide-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India