Solid Carbon Dioxide Market Report 2026

Solid Carbon Dioxide Market Overview

• Solid Carbon Dioxide market size has reached to $1.36 billion in 2025 • Expected to grow to $1.91 billion in 2030 at a compound annual growth rate (CAGR) of 6.9% • Growth Driver: Increasing Beverage And Food Production Fueling The Growth Of The Market Due To Rising Demand For Temperature Control And Preservation • Market Trend: Advancements In Entry-Level Dry Ice Blasting Machines For Efficient And Sustainable Cleaning • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Solid Carbon Dioxide Market?

Solid carbon dioxide, commonly known as dry ice, is the solid form of carbon dioxide. It sublimates directly from a solid to a gas at −78.5°C without becoming liquid. Dry ice is primarily used as a cooling agent for preserving perishable items during transport, especially where mechanical refrigeration is not feasible. It is also used to create fog effects in entertainment and for industrial cleaning. The main types of solid carbon dioxide are food grade, industrial grade, pharmaceutical grade, technical grade, and other types. Food-grade solid carbon dioxide complies with safety standards for direct or indirect contact with food items. The production methods include commercial manufacturing, in-situ generation, and recycling processes and are distributed through direct sales, distributors, online retail, and wholesale. It finds applications in food preservation, shipping and transportation, blast freezing, carbonating beverages, special effects in entertainment, industrial cooling, and cryogenic uses, serving end users spanning across the food and beverage sector, healthcare, logistics and transportation, entertainment and events, and manufacturing industries.

What Is The Solid Carbon Dioxide Market Growth Forecast?

The solid carbon dioxide market size is expected to see strong growth in the next few years. It will grow to $1.91 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to biopharmaceutical expansion, e-commerce food delivery growth, sustainable cleaning methods, medical logistics demand, cold chain infrastructure investment. Major trends in the forecast period include rising demand for cold chain logistics, growing use in pharmaceutical transportation, expansion of dry ice blasting applications, increased adoption in food preservation, rising demand from entertainment fog effects.

Global Solid Carbon Dioxide Market Segmentation

1) By Type: Food Grade, Industrial Grade, Pharmaceutical Grade 2) By Production Method: Commercial Production, In-Situ Production 3) By Distribution Channel: Direct Sale, Distributor, Wholesale 4) By Application: Food Preservation, Shipping And Transportation, Blast Freezing, Special Effects In Entertainment, Industrial Cooling, Cryogenic Applications 5) By End User: Food And Beverages, Healthcare, Logistics And Transportation, Entertainment And Events, Manufacturing Subsegments: 1) By Food Grade: Cold Chain Logistics, Food Preservation 2) By Industrial Grade: Chemical Processing, Dry Ice Blasting 3) By Pharmaceutical Grade: Vaccine And Biological Transport, Pharmaceutical Packaging, Laboratory Applications

What Is The Driver Of The Solid Carbon Dioxide Market?

The increasing beverage and food production is expected to propel the growth of the solid carbon dioxide market going forward. Beverage and food production refers to the industrial process of transforming raw ingredients into packaged food and drink products for consumer consumption. The beverage and food production is increasing due to the rising global population, which drives higher demand for accessible and sufficient consumable products. Solid carbon dioxide supports beverage and food production by enabling precise temperature control and carbonation, making it essential for processing and packaging. It enhances product quality and safety by preserving freshness and extending shelf life during storage and transport. For instance, in October 2024, according to the report published by USDA Economic Research Service (ERS), a US-based government agency, in 2023, U.S. spending on food by consumers, businesses, and government entities reached $2.57 trillion, averaging $7,672 per person, marking a 7.5% increase compared to the previous year. Therefore, the increasing beverage and food production is driving the growth of the solid carbon dioxide industry.

What Is The Driver Of The Solid Carbon Dioxide Market?

The increasing beverage and food production is expected to propel the growth of the solid carbon dioxide market going forward. Beverage and food production refers to the industrial process of transforming raw ingredients into packaged food and drink products for consumer consumption. The beverage and food production is increasing due to the rising global population, which drives higher demand for accessible and sufficient consumable products. Solid carbon dioxide supports beverage and food production by enabling precise temperature control and carbonation, making it essential for processing and packaging. It enhances product quality and safety by preserving freshness and extending shelf life during storage and transport. For instance, in October 2024, according to the report published by USDA Economic Research Service (ERS), a US-based government agency, in 2023, U.S. spending on food by consumers, businesses, and government entities reached $2.57 trillion, averaging $7,672 per person, marking a 7.5% increase compared to the previous year. Therefore, the increasing beverage and food production is driving the growth of the solid carbon dioxide industry.

Global Solid Carbon Dioxide Market Trends and Insights

Major companies operating in the solid carbon dioxide market are focusing on developing innovative products, such as dry ice blasters, to emphasize efficiency, user-friendliness, and environmental sustainability. A dry ice blaster is a cleaning device that uses compressed air to rapidly accelerate dry ice pellets (solid carbon dioxide) to clean surfaces. For instance, in July 2023, Cold Jet LLC, a US-based machine industry company, launched an IceRocket dry ice blaster, a professional-grade, entry-level dry ice blaster. It provides aggressive, non-abrasive cleaning using dry ice pellets, reducing downtime and increasing throughput without damaging surfaces or leaving secondary waste. Its user-friendly, entry-level design is ideal for efficient, eco-friendly cleaning in various industries.

What Are Latest Mergers And Acquisitions In The Solid Carbon Dioxide Market?

In February 2025, Holston Gases LLC, a US-based industrial gases company, acquired Tri-Cities Dry Ice LLC for an undisclosed amount. With this acquisition, Holston Gases LLC aims to expand its dry ice production and distribution capabilities across the Tri-Cities region, enhancing its service offerings to industrial, commercial, and healthcare customers. Tri-Cities Dry Ice LLC is a US-based company that specializes in producing and supplying dry ice for industrial, commercial, and medical applications.

Regional Insights

North America was the largest region in the solid carbon dioxide market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Solid Carbon Dioxide Market?

The solid carbon dioxide market consists of sales of refrigeration and cooling packs, dry ice pellets, blocks, slices, and customized forms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Solid Carbon Dioxide Market Report 2026?

The solid carbon dioxide market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the solid carbon dioxide industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.