Asia Pacific Dry Ice Market Report 2024-2028, Featuring Profiles of Air Products and Chemicals, L'Air Liquide, Linde and Sicgil India [Yahoo! Finance]
Air Products and Chemicals, Inc. (APD)
Last air products and chemicals, inc. earnings: 4/23 06:00 am
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Source: Yahoo! Finance
- by Type and Application" report has been added to ResearchAndMarkets.com's offering. The Asia Pacific dry ice market is projected to experience significant growth, according to a recent industry analysis, moving from a valuation of US$ 91.57 million in 2022 to an impressive forecast of US$ 133.80 million by 2028. With an expected compound annual growth rate (CAGR) of 6.5% from 2022 to 2028, this market is set to undergo transformative development, spurred by the increasing demand for frozen foods across the region. The surge in convenience food consumption is one of the key factors driving the Asia Pacific dry ice market. Consumers, pressed for time and seeking ease in meal preparation, are turning to frozen products as a solution. This trend is further bolstered by rising disposable incomes, which augments purchasing power for premium frozen food products. Furthermore, the market is witnessing a rise in the demand for high-quality frozen meat, poultry, and seafood products, c
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