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UK and UAE Dry Ice Market is expected to reach US$ 52.83 million by 2030

The UK and UAE dry ice market expected to reach US$ 52.83 million by 2030 | Insights on regional and global market by types, applications, and countries

By The Insight Partners

Increasing Preference for Dry Ice over Water-based Ice 

According to our latest market study on “UK and UAE Dry Ice Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Type and Application,” the market was valued at US$ 37.38 million in 2022 and is projected to reach US$ 52.83 million by 2030; it is expected to record a CAGR of 5.5% from 2022 to 2030. The report highlights key factors driving the market growth and prominent players along with their developments in the market.  

Dry ice has a lower temperature than water-based ice. When it is heated, it directly changes into the gas and does not leave any residue. Dry ice is cost-effective and possesses noncombustible and nontoxic properties. It is also used to make carbonated drinks and soda. When mechanical refrigeration is not an option, ice becomes an important component for both food storage and transport. Water-based ice melts very quickly and cannot be used effectively for storage or transportation of products. Dry ice provides superior cooling and longevity. A large block of dry ice can cool for as long as 24 hours in a vented cooler before requiring replacement, whereas regular ice starts melting in just three to four hours. Since it’s made from liquefied carbon dioxide gas that has been frozen to extremely low temperatures of -109.3°F, dry ice’s exceptionally cold temperature allows packaged frozen products to stay frozen for extended periods. Hence, dry ice is essential for food items such as ice cream and frozen meat products.

UK and UAE Dry Ice Market Analysis – by Region

To get sample Copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/sample/TIPRE00038937

Dry ice is also preferred for food storage and transport. The usage of water-based ice for storage and transportation causes leakage as water-based ice melts, and the water begins to accumulate within containers. Dry ice evaporates into a gas through sublimation, allowing the container to remain water-free even after several hours. These benefits of dry ice have surged its use in food preservation, machine blast cleaning, and storage of drugs.

Water-based ice has a minimal application scope. Whereas, dry ice is utilized for cold grinding, dry ice blast cleaning, freeze drying, in-process cooling for the chemical and food industry, plumbing pipe repairs, sample distribution within the pharmaceutical industry, shrink fitting, and various other applications. The versatility of dry ice and its use as an effective alternative to water-based ice boosts the demand for dry ice, thereby contributing to the growing UK and UAE dry ice market size.

The increasing disposable incomes and the growing population in the UK have boosted the demand for frozen food products. Thus, the rising consumption of frozen products and beverages in the UK is expected to positively influence the UK and UAE dry ice market share. The UK is highly dependent on other countries for the supply of food products, making it the second-largest European market for exporters from developing countries after the Netherlands. Furthermore, the UK strives to produce superior quality and high-nutrition value frozen food products that meet consumer demands, which is surging the need for dry ice as it aids in keeping them fresh and improving their shelf life.

The rising expansion of the pharmaceutical and healthcare industry in the country is likely to influence the UK and UAE dry ice market size. The UK is the global center for the life sciences and pharmaceutical industry. According to the Association of British Pharmaceutical Industry (ABPI), in 2022, the UK’s exports of pharmaceutical products stood at US$ 26.71 billion. The pharmaceutical industry across the country is growing rapidly due to increasing healthcare spending, the availability of a wide range of drugs at cost-effective prices, and high government support. Further, the government focuses on increasing the production of pharmaceutical products by attracting foreign investments. Thus, the strong growth of the pharmaceutical industry in the country is projected to offer lucrative opportunities for the UK and UAE dry ice market share expansion.

Further, Rapid industrialization coupled with urbanization in the UAE strongly influences the lifestyle pattern. The UAE dry ice market is growing due to the growth of the hotel industry in the country. Dry ice is used increasingly in the region to keep meat, seafood, and other frozen food products fresh, especially during transportation. The UAE is witnessing significant growth in sales of frozen food owing to the rising consumption of convenience food and the development of the e-commerce sector. The country is witnessing huge demand for convenience food due to changing consumer preferences coupled with the rapid development of food retail chains, such as supermarkets & hypermarkets, and departmental stores that offer a variety of frozen food products. Further, the government is offering subsidies to the producers for incorporating modern techniques to increase the production of frozen food products, which has supported the growth of the dry ice market in the country.

Eco Green Dry Ice Services Oil & Gas Industries LLC, Dry Ice Dubai, Carbonic International FZCO, Saboo International FZC, Chillistick Ltd, Dry Ice Network (UK) Ltd, Nippon Gases UK Ltd, Ice N Ice, Dry Ice UK Ltd, and All About Ice Europe Ltd. are among the major players profiled in the UK and UAE dry ice market report. These market players are highly focused on developing high-quality and innovative products to fulfill customers’ requirements. The increasing adoption of sustainable dry ice production methods by these key players is expected to bring new UK and UAE dry ice market trends in the coming years.

Impact of COVID-19 Pandemic on UK and UAE Dry Ice Market

In 2020, various industries had to slow down their operations due to disruptions in value chains caused by the shutdown of national and international boundaries. The COVID-19 pandemic disrupted the supply chain of key raw materials and hampered the UK and UAE dry ice market growth. The adverse effects of the pandemic on the storage and transportation industry reduced the demand for dry ice across the UK and the UAE, thereby hampering the market growth.

The UK and the UAE have started reviving their operations. As a result, the demand for dry ice has started increasing. The rising use of dry ice in food and beverages, storage and transportation, healthcare, and industrial applications is expected to offer opportunities for the UK and UAE dry ice market growth during the forecast period.

The UK and UAE dry ice market report is segmented as follows: 

By type, the market is segmented into pellets, blocks, and others. Based on application, the market is segmented into food and beverages, storage and transportation, healthcare, industrial applications, and others. By country, the UK and UAE dry ice market is segmented into the UK and UAE.

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