Carbon dioxide (CO2) is integral to how food is processed and packaged. In terms of the US markets for all modes of CO2 supply, food and beverage comprises 70% of the higher purity merchant CO2 supply. Dry ice the fastest growing part to this segment – blocks and pellets.
The broad picture in the US and likewise around the world is that dry ice demand is climbing due to growing demand for frozen foods and its increasing use in cold chain transportation. A compound annual growth rate for the dry ice market of 6.5% from 2019 to 2028 has been estimated by various research houses.
But quality needs to be maintained as quantity grows. That’s something that North Carolina-based CMC Dry Ice is committed to and demonstrates in its day-to-day business – and will prioritize as it gears up to open its second dry ice site next year.
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