South America Dry Ice Market: Industry Analysis and Forecast (2023-2029) Trends, Statistics, Dynamics, Segmentation by Product Type, Machine Type, and Region

  • South America Dry Ice Market was valued at USD 67.31 Million in 2022. The South America Dry Ice Market size is estimated to grow at a CAGR of 4.2% over the forecast period

  • Format : PDF | Report ID : SMR_862

South America Dry Ice Market Definition:

Dry ice is the strong type of carbon dioxide. It is dismal, unscented, non-combustible, and marginally acidic. Dry ice is made by fluid CO2 to which is extended to deliver CO2 snow and afterward packing it into helpfully estimated dry ice blocks and pellets. Dry ice is mostly utilized for food conservation, machine impact cleaning and different fields. The purged dry ice can be utilized for food and refreshment conservation or eaten straightforwardly with food. The impure dry ice in particular industry level dry ice has wide applications for machine cleaning fields.

 

Further, the South America Dry Ice market is segmented by product type, Machine type, and geography. On the basis of product type, the South America Dry Ice market is segmented under pellets, blocks, slices and others. Based on the Machine type, the market is segmented under the channels of production machine and cleaning machine. By geography, the market covers the major countries in South America i.e., Brazil, Columbia, Venezuela, Chile and Rest of South America For each segment, the market sizing and forecasts have been done on the basis of value (in USD Million).

South America Dry Ice Market

South America Dry Ice COVID 19 Insights:

Dry ice is utilized as a refrigerant in the drug so thus, the interest for it has been impacted. The limitations in movement and transportation are likewise one of the central point that created problems for the global market. So, the dry ice market had an adverse consequence because of the pandemic. Yet, the key players are attempting to help the demand increase.

 

South America Dry Ice Market Dynamics:

The quickly rising demand for frozen food varieties, as well as the developing utilization of dry ice as a refrigerant in the food and transportation enterprises will fundamentally drive the dry ice market's development. Huge development in the transportation business is supposed to help product delivery, generating opportunities and learning experiences to the dry ice market. With rising long transportation trips, supermarkets and the medical care industry are supposed to set out worthy development for the dry ice market during the forecast period. Significant development in the medical care area will bring new opportunities for the dry ice market. Dry ice is utilized in the conservation of biological samples, medicines, blood, organs, and body parts. Furthermore, dry ice is utilized in the transportation of the synthetics that should be kept at low temperatures leading to the rise in demand for dry ice in the market.

 

South America Dry Ice Market Segment Analysis:

Based on Product Type, The South America dry ice market is segmented into pellets, blocks, slices, and others on the basis of type. Among these, the pellets segment dominates the dry ice market with the largest market share. The pellet form of dry ice is high in density. Cylindrical dry ice pellets are designed for application in the food and beverage industry and foodstuff processing as cylindrical dry ice pellets offer food-grade quality and safety, which is critical for food items.

By Machine Type, the dry ice market is segmented into production machines and cleaning machines. The cleaning machine section dominated the market in 2021 as it permits filth to be cleansed even in hard to-clean circumstances where cleaning by hand would be difficult. Dry ice cleaning additionally reduces labour costs since it could be finished in less time than conventional manual work. Preventive maintenance and detect cleaning should be done frequently without affecting efficiency. Dry ice cleaning adds to more limited downtime periods because the gear can be washed hot and in-line. Because of the previously mentioned contemplations, industrialists and multinational companies (MNCs) are adopting on dry ice cleaning, which thus is driving up interest for cleaning machines.

 

South America Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide Product Type portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.

 

The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the Europe market, key players in the market, particularly in this region, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.

 

The objective of the report is to present a comprehensive analysis of the South America Dry Ice Market to the stakeholders in the industry. The report provides trends that are most dominant in the South America Dry Ice Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the South America Dry Ice Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the South America Dry Ice Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the South America Dry Ice market. The report studies factors such as company size, market share, market growth, revenue, Product volume, and profits of the key players in the South America Dry Ice market.

 

South America Market

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their Product Type quality is in the South America Dry Ice market. The report also analyses if the South America Dry Ice Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the South America Dry Ice market. Economic variables aid in the analysis of economic performance drivers that have an impact on the South America Dry Ice market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the South America Dry Ice Market is aided by legal factors.

 

South America Dry Ice Market Scope:

 

South America Dry Ice Market Scope

Market Size in 2022

USD 67.31 Mn.

Market Size in 2029

USD 89.78 Mn.

CAGR (2023-2029)

4.2%

Historic Data

2017-2021

Base Year

2022

Forecast Period

2023-2029

Segment Scope

by Product Type

  • Pellets
  • Blocks
  • Slice
  • Others

by Machine Type

  • Production Machine
  • Cleaning Machine

Country Scope

Brazil
 Argentina
 Rest of South America

 

South America Dry Ice Market KEY PLAYERS: 

  • Atlantic Dry Ice (Brazil)
  • Septiembre (Argentina)
  • Getatoz (Colombia)
  • Continental Carbonic (Brazil)
  • Hielo Real (Argentina)
  • Air Liquide (Argentina)


Frequently Asked Questions

The segments covered in the South America Dry Ice Market report are based on Product Type and Machine Type.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • South America Dry Ice Market: Target Audience
    • South America Dry Ice Market: Primary Research (As per Client Requirement)
    • South America Dry Ice Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Stellar Competition matrix
      • South America Stellar Competition Matrix
    • Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
    • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Market Challenges
    • PESTLE Analysis
    • PORTERS Five Force Analysis
    • Value Chain Analysis
  5. South America Dry Ice Market Segmentation
    • South America Dry Ice Market, by Product Type (2022-2029)
      • Pellets
      • Blocks
      • Slice
    • South America Dry Ice Market, by Machine Type (2022-2029)
      • Production Machine
      • Cleaning Machine
    • South America Dry Ice Market, by Country (2022-2029)
      • Brazil
      • Colombia
      • Chile
      • Rest of South America
  6. Company Profiles
    • Key Players
      • Atlantic Dry Ice
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • Septiembre
      • Getatoz
      • Continental Carbonic
      • Hielo Real
      • Air Liquide
  7. Key Findings
  8. Recommendations

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