The dry ice market in Europe is expected to grow from US$ 63.92 million in 2022 to US$ 86.55 million by 2028. It is estimated to grow at a CAGR of 5.2% from 2022 to 2028.

Use of Dry Ice for Creating Special Effects

Another use of dry ice is for the special effects. Small, localized fog effects for use in theatres and by photographers and film makers can be achieved by adding dry ice pellets in a bucket of hot water which increases the sublimation rate immediately creating a dense ground level fog. Dry ice creates stunning visual fog effects at weddings, Halloween, birthday parties and in pubs and nightclubs. Dry ice creates a fog effect because of its cold temperature (-78.5°C). When immersed in hot water, it creates a cloud of water vapor fog. When the water is colder than 15°C, the fog effect stops but the dry ice continues to sublimate and bubble. Dry ice offers multiple benefits for any function, party or event. By placing dry ice blocks in a heated pool or jacuzzi creates an impressive fog effect that attracts guests. It is also used in weddings to create a romantic dancing-on-clouds effect. Dry ice produces the low-lying fog that flows across the ground. Dry ice is an addition to a champagne glass tower, creating a cascading fog effect. Moreover, it is also used in Halloween parties for special effects. Furthermore, dry ice is sometimes used in the presentation of food in restaurants. Dry Ice pellets work best as it can be added in small amounts to serving trays to produce a fog effect around the food dishes. It is also used with cocktails and other drinks to produce a fun and unique fog effect. Chill Sticks are specially developed to hold dry ice pellets safely in a glass without risk of the dry ice being swallowed.

Market Overview

Germany, France, Italy, UK, Russia, and rest of Europe are the key contributors to the dry ice market in the Europe. The demand for dry ice in Europe is increasing significantly owing to the expansion of healthcare, food, and beverages industries. Majorly the demand for dry ice in Europe is driven by medical sector. The healthcare expenditure of Europeans is growing significantly. People are highly concerned about their health and are making crucial investments in purchasing healthcare products. In healthcare dry ice is used for storing materials at temperature from recovery to preservation and transportation. Healthcare facilities require dry ice blasting system because they need crucial sanitation all these factors are projecting demand for dry ice in Europe. Further, the pharmaceutical companies must comply with stringent regulations related to the transportation and storage of drugs. As drugs are susceptible to damage when exposed to heat and moisture, they need to be stored in a controlled environment. Dry ice is effective solutions to reduce the risk of damage caused by heat and temperature fluctuations. The majority of the logistics and transportation companies in the pharmaceutical industry prefer using dry ice to protect their shipments. The active presence of leading dry ice companies in the region is also expected to drive the market over the forecast period.

Europe Dry Ice Market Revenue and Forecast to 2028 (US$ Million)

Europe Dry Ice Market Segmentation

The Europe dry ice market is segmented into type, application, and country.

Based on type, the market is segmented into pellets, blocks, and others. The blocks segment registered the largest market share in 2022. Based on application, the market is segmented into food and beverages, storage and transportation, healthcare, industrial applications, and others. The storage and transportation segment held a largest market share in 2022. Based on country, the market is segmented into Germany, France, Italy, UK, Russia, and rest of Europe. Germany dominated the market share in 2022. Praxair Technology, Inc; DRY ICE UK, Ltd; Polar Ice,Lts; ACP; and LINDE are the leading companies operating in the Europe dry ice market in the region.

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Dry Ice Market, by Type
1.3.2 Europe Dry Ice Market, by Application
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Dry Ice Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Suppliers
4.2.3 Bargaining Power of Buyers
4.2.4 Competitive Rivalry
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 End-use Industries
4.4 Expert Opinion
5. Europe Dry Ice Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Demand for Dry Ice in Storage and Transportation
5.1.2 Dry Ice Increasing Preference for Dry Ice over Water-based Ice
5.2 Market Restraints
5.2.1 The Inability of Dry Ice to be Stored for an Extended Period
5.3 Market Opportunities
5.3.1 The Rapidly Increasing Demand for Frozen Foods
5.4 Future Trends
5.4.1 Use of Dry Ice for Creating Special Effects
5.5 Impact Analysis of Drivers and Restraints
6. Dry Ice Market – Europe Analysis
6.1 Europe Dry Ice Market –Revenue and Forecast to 2028 (USD Million)
7. Europe Dry Ice Market Analysis – By Type
7.1 Overview
7.2 Europe Dry Ice Market, By Type (2021 and 2028)
7.3 Pellets
7.3.1 Overview
7.3.2 Pellets: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Blocks
7.4.1 Overview
7.4.2 Blocks: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
8. Europe Dry Ice Market Analysis – By Application
8.1 Overview
8.2 Europe Dry Ice Market, By Application (2021 and 2028)
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Storage and Transportation
8.4.1 Overview
8.4.2 Storage and Transportation: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Healthcare
8.5.1 Overview
8.5.2 Healthcare: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Industrial Applications
8.6.1 Overview
8.6.2 Industrial Applications: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Dry Ice Market – Revenue and Forecast to 2028 (US$ Mn)
9. Europe Dry Ice Market – Country Analysis
9.1 Overview
9.1.1 Europe: Dry Ice Market, by Key Country
9.1.1.1 Germany: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Dry Ice Market, By Type
9.1.1.1.2 Germany: Dry Ice Market, by Application
9.1.1.2 France: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Dry Ice Market, By Type
9.1.1.2.2 France: Dry Ice Market, by Application
9.1.1.3 Italy: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Dry Ice Market, By Type
9.1.1.3.2 Italy: Dry Ice Market, by Application
9.1.1.4 UK: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Dry Ice Market, by Type
9.1.1.4.2 UK: Dry Ice Market, by Application
9.1.1.5 Russia: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Dry Ice Market, By Type
9.1.1.5.2 Russia: Dry Ice Market, by Application
9.1.1.6 Rest of Europe: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Dry Ice Market, by Type
9.1.1.6.2 Rest of Europe: Dry Ice Market, by Application
10. Company Profiles
10.1 Praxair Technology, Inc.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Dry Ice UK Ltd.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Polar Ice Ltd.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 LINDE
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 ACP
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments

LIST OF TABLES
Table 1. Europe Dry Ice Market –Revenue and Forecast to 2028 (USD Million)
Table 2. Germany Dry Ice Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Dry Ice Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. France Dry Ice Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. France Dry Ice Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy Dry Ice Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Dry Ice Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK Dry Ice Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK Dry Ice Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia Dry Ice Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia Dry Ice Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe Dry Ice Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe Dry Ice Market, by Application – Revenue and Forecast to 2028 (US$ Million)

LIST OF FIGURES
Figure 1. Europe Dry Ice Market Segmentation
Figure 2. Europe Dry Ice Market Segmentation – By Country
Figure 3. Europe Dry Ice Market Overview
Figure 4. Europe Dry Ice Market, By Type
Figure 5. Europe Dry Ice Market, by Country
Figure 6. Europe Porter’s Five Forces Analysis
Figure 7. Europe Ecosystem: Dry Ice Market
Figure 8. Expert Opinion
Figure 9. Europe Dry Ice Market Impact Analysis of Driver and Restraints
Figure 10. Europe Dry Ice Market – Revenue and Forecast to 2028 (USD Million)
Figure 11. Europe Dry Ice Market Revenue Share, By Type (2021 and 2028)
Figure 12. Europe Pellets: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Europe Blocks: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Europe Others: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Europe Dry Ice Market Revenue Share, By Application (2021 and 2028)
Figure 16. Europe Food and Beverages: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Europe Storage and Transportation: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Europe Healthcare: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Europe Industrial Applications: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Europe Others: Dry Ice Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Europe: Dry Ice Market Revenue Share, by Key Country- Revenue (2021) (US$ Million)
Figure 22. Europe: Dry Ice Market Revenue Share, by Key Country (2021 and 2028)
Figure 23. Germany: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. France: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
Figure 25. Italy: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. UK: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. Russia: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of Europe: Dry Ice Market –Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe dry ice market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Europe dry ice market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the dry ice market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – Europe Dry Ice Market

● Praxair Technology, Inc
● DRY ICE UK, Ltd.
● Polar Ice,Lts.
● LINDE.
● ACP.

At 5.2% CAGR, the Europe Dry Ice Market is speculated to be worth US$ 86.55 million by 2028, says The Insight Partners

According to the Insight Partners’ research, the Europe dry ice market was valued at US$ 63.92 million in 2022 and is expected to reach US$ 86.55 million by 2028, registering an annual growth rate of 5.2% from 2022 to 2028.The rapidly increasing demand for frozen foods and use of dry ice for creating special effects are the critical factors attributed to the market expansion.

Increase in demand for frozen foods and rise in usage of dry ice as refrigerant in food and shipping industries are anticipated to provide growth opportunities to the global dry ice market. Dry ice is carbon dioxide in its solid form, a dense, snowlike substance that sublimes at −78.5 °C (−109.3 °F), used as a refrigerant, especially during shipping of perishable products such as meats or ice cream. As the dry ice sublimes, it leaves no residue to contaminate or compromise the quality of food. The increasing consumer preference toward convenience foods favors the increasing demand for frozen products as they require less time and effort as compared to cooking from scratch. The frozen food products consume less time and are easy to cook, consumers are preferring these products due to the busy lifestyles and dual working households. Moreover, increasing disposable income is also one such factor that has a huge influence on the demand of the frozen food products which ultimately affects the market growth of the dry ice market. Furthermore, the high demand for frozen meat & poultry and seafood is also contributing to the market growth. The increasing awareness among consumers regarding the health benefits offered by meat and seafood is surging its demand. These products are low-fat and high-protein food that can helps to build muscle, improve eyesight, boost brainpower, support heart health, relieve joint discomfort, and improve skin and hair. Consumers are shifting toward a healthy lifestyle, which has led to high demand for heathy food with nutrition value. Hence, the surge in demand of frozen food products is ultimately bolstering the market growth of the dry ice market.

On the contrary, the inability of dry ice to be stored for an extended period hurdles the growth of Europe dry ice market.

Based on type, the Europe dry ice market is segmented into pellets, blocks, and others. The blocks segment held 50.4%market share in 2022, amassing US$ 32.20 million. It is projected to garner US$ 45.27 million by 2028 to expand at 5.8% CAGR during 2022–2028. Based on application, the Europe dry ice market is segmented into food and beverages, storage and transportation, healthcare, industrial applications, and others. The storage and transportation segment held 33.0% market share in 2022, amassing US$ 21.10 million. It is projected to garner US$ 29.17 million by 2028 to expand at 5.5% CAGR during 2022–2028. Based on country, the Europe dry ice market has been categorized into Germany, France, Italy, UK, Russia,and rest of Europe. Our regional analysis states that Germany captured 21.2% market share in 2022. It was assessed at US$ 13.54 million in 2022 and is likely to hit US$ 19.85 million by 2028, exhibiting a CAGR of 6.6% during the forecast period. Key players dominating the Europe dry ice market are Praxair Technology, Inc; DRY ICE UK, Ltd; Polar Ice,Lts; ACP; and LINDE among others.