Session 4 of gasworld’s ’Global CO2 Summit 2022’ virtual event was attended by guest speaker Dietmar Juchmes – Director of Business Development & Sales at ColdJet, who discussed everything dry ice, from markets, potential, trends, and new solutions.
The main drivers for dry ice within the next few years, according to Juchmes, are in the food and beverage sector and cold storage – from food to pharmaceuticals, and continues to help maintain critical temperatures for life-saving therapies, in addition to being environmentally responsible (no secondary waste).
“Trends for dry ice at the moment have been in the food home delivery sector. Here IoT and automation plays a really important role because it can be easily integrated,” he explained.
Changing dietary habits and an increased demand in temperature sensitive and perishable cold chain food and beverages, along with increased demand in cold chain healthcare products are two additional trends within the dry ice sector.
With the Global Food Processing Market size valued at $143.5bn in 2020 – set to skyrocket to $235.6bn by 2028, Juchmes said, “This presents possibilities and huge opportunities to grow in this market.”
Dry ice for storage and transportation – a key area of interest for ColdJet – is another trend that could present limitless opportunity.
“The 2025 global cold chain market is expected to reach $344.5bn,” revealed Juchmes. “This will bring all of us huge opportunities.”
Global Covid-19 vaccine drives over the past 18 months or so has caused growth in demand for medical-use dry ice. Vaccine drives and new developments in the Life Sciences market will see it continuously grow between 5-10% for the next 10 years.
The full presentation, along with each full session of gasworld’s virtual ‘Europe CO2 Summit’ will be available to watch on-demand.