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Report Overview

The United States and New York dry ice market was valued at USD 165.45 Million in 2024. The industry is expected to grow at a CAGR of 5.90% during the forecast period of 2025-2034. The need for reliable cooling solutions in both the regions is increased by the growing reliance on dry ice for emergency medical services and disaster assistance in remote or environmental disaster-affected areas. In turn, all these factors have resulted in the market attaining a valuation of USD 293.51 Million by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • With the ever-increasing adoption of dry ice as a cooling agent by healthcare, food preservation, and logistics sectors, the United States and New York dry ice market provides considerable scope for collaboration between various players in these various enterprises.

  • The pharmaceutical and biotech hubs require heavy loads of dry ice to maintain the cold chain for different medications and vaccines that are sensitive to temperature. In 2023, there were 337,400 pharmacists, a 17.8% increase from the previous year's 286,400, according to the U.S. Census Bureau's American Community Survey (ACS). This presents a huge opportunity for market players to expand their reach into healthcare logistics.

  • The growing need for sustainable cooling solutions has fueled interest in dry ice as a greener option to other cooling media, creating opportunities for B2B companies pursuing environmentally conscious and energy-efficient cooling technology.

Compound Annual Growth Rate

Value in USD Million

5.9%

2025-2034


United States and New York Dry Ice Market Outlook

*this image is indicative*

United States and New York Dry Ice Market Overview

Demand drivers of the United States and New York dry ice market growth include increasing applications in industries such as food and beverage, pharmaceuticals, and manufacturing, for cold chain logistics. The need to create sustainable refrigeration options is growing with rising environmental concerns in both the regions. Owing to the great demand for dependable dry ice supply in the logistics and pharmaceutical industries, the market in New York presents ample opportunities for growth. The market's major companies, Linde, Airgas, and Praxair, are all focused on enhancing production adaptability and implementing innovative solutions while guaranteeing sustainable practices that satisfy the needs of B2B customers.

United States and New York Dry Ice Market Growth

The pharmaceutical sector represents one of the core niches propelling the dry ice demand in United States and New York. Directed towards vaccines, biologics, and cold-sensitive drugs, dry ice features prominently in maintaining the cold chain for storage and transportation. New York acts as a global hub housing most of the pharmaceutical giants, with strong drug distribution channels. The food market is another prominent niche propelling dry ice applications. Dry ice is essential for maintaining food freshness during transportation, especially for perishables like meat, seafood, and frozen meals. Hence, the demand is growing at a rapid pace as more customers look for convenience and fresh food delivery, particularly in major areas with high demand like New York.

Key Trends and Recent Developments

United States and New York Dry Ice Market Opportunities

Companies in the United States and New York dry ice market can benefit from emerging sectors like aerospace, where dry ice is being increasingly utilized for product preservation and manufacturing. Dry ice is becoming necessary in extraction techniques as the cannabis industry expands, and it is also used in aerospace for precise cooling of internal components. Diversification here presents new growth opportunities. Additionally, companies have the opportunity to improve client access through digital ordering systems for dry ice as e-commerce expands. Businesses may streamline their supply chains and cater to sectors like food delivery, where precise and timely temperature control is crucial.

United States and New York Dry Ice Market Trends

The dry ice demand in United States and New York has been significantly increased by the growth in food delivery services. Dry ice is required to maintain product quality during transit since customers want fresh and frozen goods delivered quickly. This tendency is particularly noticeable in New York, where dry ice suppliers can meet delivery needs for meal kits, restaurants, and supermarkets due to the city's dense population and high demand for fresh food. Moreover, demand for environmentally friendly cooling options like dry ice is being driven by the growing trend toward renewable energy sources and carbon reduction programs. Dry ice provides an environmentally beneficial and energy-efficient alternative for enterprises looking for eco-friendly solutions, which is advantageous for businesses that prioritize sustainability in their operations.

United States and New York Dry Ice Market Restraints

  • The production methods consume heavy loads of energy which contribute to expensive operations. This limits price competition and may discourage small businesses from expanding. This poses a significant challenge to the United States and New York dry ice market growth.
  • Dry ice requires particular storage and shipping conditions, thereby creating logistical challenges, particularly in areas with high variable demand or remote locations, which makes operations.

United States and New York Dry Ice Industry Segmentation

The EMR’s report titled “United States and New York Dry Ice Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Pellets
  • Blocks
  • Others

Market Breakup by End Use

  • Food and Beverages
  • Cold Chain Management
  • Healthcare
  • Industrial
  • Others

Market Breakup by Region

  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
  • New York

United States and New York Dry Ice Market Share

Market Insights by Type

Pellets are increasingly gaining ground in the United States and New York dry ice market as they are versatile in a number of applications such as food preservation, shipping, and medical purposes, allowing easy handling and quicker sublimation. Blocks are more suited for long-term storage and industrial purposes at an industrial scale, allowing a slower sublimation rate. Dry ice nuggets and dry ice slices are gaining popularity in specialized applications for industries including cleaning and entertainment due to the tailored solutions provided by these forms to meet precise cooling or freezing demands. These types are registering constant demand across a wide range of industries.

Market Analysis by End Use

As per the United States and New York dry ice analysis, the high demand in the food and beverage industry propels the need for quick cooling and preservation. One advantage of dry ice for cold chain management is its consistency in preserving temperature-sensitive goods, such as medications. Dry ice is being increasingly used in healthcare to transport biological samples and store vaccines, especially in the biotech sector in New York. Additionally, dry ice blasting improves industrial applications like cleaning and maintenance. Diverse market expansion is being fueled by the use of dry ice for specialized cooling applications in other industries, such as research and entertainment.

United States and New York Dry Ice Market Regional Analysis

New England Dry Ice Market Opportunities

The health of the pharmaceutical, biotech, and healthcare sectors particularly in Boston, drives overall demand for dry ice in New England. The need for dry ice has significantly increased due to the necessity of temperature management logistics for medical equipment, vaccines, and biologics.

Mideast Dry Ice Market Insights

The manufacturing and industrial sectors in the region, which includes states like Pennsylvania and Ohio, have driven demand in the Mideast dry ice market. Dry ice is frequently used in metal finishing and industrial cleaning processes, particularly in the manufacturing of automobiles and airplanes. The rising use of dry ice for food transport and storage is also driving market expansion.

Great Lakes Dry Ice Market Growth

The Great Lakes region is witnessing growing demand for dry ice because of its rapidly expanding food processing and distribution networks. Michigan and Illinois, two states with huge food processing centers, depend on dry ice to ship perishable items, such as seafood, meat, and frozen food, within the region. Automobiles also apply dry ice in precision cleaning, again boosting demand. With its strong transportation networks, the area is emerging as an important market for dry ice both in industry and logistics use.

Plains Dry Ice Market Outlook

Agriculture and food industries are driving the Plains dry ice market growth with Kansas, Nebraska, and Iowa. Dry ice finds extensive applications in transporting perishables like dairy products, meat, and fruits to the other regions of the nation. Dry ice finds the strongest reliance among the agriculture sector to cool and maintain produce post-harvesting. Furthermore, increasing industrialization of the region with manufacturing, as well as mining operations, are applying dry ice in cleansing and upkeep applications as well, augmenting industry expansion.

Southeast Dry Ice Market Dynamics

The Southeast dry ice market is expanding at a fast pace by the growing healthcare, food, and beverage sectors particularly in Florida and Georgia. The food industry is becoming increasingly reliant on dry ice for the transportation of frozen goods, fresh produce, and seafood, while the pharmaceutical business uses it for cold chain shipping.

Southwest Dry Ice Market Opportunities

Dry ice consumption in the Southwest is increasing particularly in Texas and Arizona, as a result of the growing food and beverage supply chains and healthcare sector. Solutions for cold storage and transportation are highly sought after in the region, particularly for medicines, vaccines, and biological products.

Rocky Mountain Dry Ice Market Growth

The burgeoning agricultural and pharmaceutical industries in the Rocky Mountain states, such Colorado and Utah, are driving up demand for dry ice. Dry ice is used by the region's medical facilities and biotechnology companies to distribute vaccines and protect temperature-sensitive goods.

Far West Dry Ice Market Outlook

Due to their large food, beverage, and pharmaceutical sectors, the Far West dry ice market experiences strong demand coming from the states of California, Nevada, and Washington. In California, which is mostly an agricultural state, dry ice is crucial for the transportation of perishable goods. Demand for dry ice for cold chain management is also generated by the pharmaceutical sector, which includes biotech companies in San Francisco and Los Angeles.

New York Dry Ice Market Trends

The biotech, pharmaceutical, and healthcare industries are the main drivers of the New York dry ice market growth. As a hub for research facilities and pharmaceutical companies, New York City requires dry ice for the transportation of biologics, vaccines, and other temperature-sensitive goods. With the expansion of the transportation and e-commerce sectors, the region continues to be a major market for this essential product.

Competitive Landscape

The United States and New York dry ice market players are concentrating on increasing production capabilities, enhancing supply chain effectiveness, and providing environmentally friendly options. Through the use of cutting-edge technologies and renewable energy, United States and New York dry ice companies are increasingly seeking to improve sustainability while satisfying the growing demand in sectors including industrial applications, food logistics, and pharmaceuticals.

Reliant Dry Ice

Reliant Dry Ice was founded in 1989. The company specializes in dry ice products for a range of industries, including logistics, food, and pharmaceuticals. In order to meet the growing demand across the United States, it is dedicated to sustainable production and prompt delivery.

CMC Dry Ice

CMC Dry Ice was established in 2016 and has its headquarters in Carolina. It specializes in cold chain logistics services for the food, pharmaceutical, and chemical sectors and offers high-quality dry ice products. They ensure customer service, prompt delivery, and sustainability.

Oxygen Service Company, Inc.

Founded in 1959, Oxygen Service Company, Inc. has its main office in Saint Paul. With a focus on food preservation, industrial cleaning, and medicinal applications, the company provides dry ice to numerous industries. Its innovation of cryogenic solutions has made it a trusted supplier.

Dry Ice Corp.

Dry Ice Corp., a New Jersey-based company, specializes in offering dry ice solutions to industrial, pharmaceutical, and food distributors. Dry Ice Corp. serves a wide range of clients while guaranteeing dependability, quality, and eco-friendliness in its goods.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the United States and New York dry ice market report are Linde, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the United States and New York dry ice market reached an approximate value of USD 165.45 Million.

The market is projected to grow at a CAGR of 5.90% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 293.51 Million by 2034.

The major drivers of the market are the increasing need for reliable cooling solutions, growth in food delivery services, and demand for environmentally friendly cooling options.

The key trends of the market include cold chain logistics, sustainability, biotechnology, and technological innovation.

The major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, Far West and New York.

The various types considered in the market report are pellets, blocks, and others.

The various end uses considered in the market report are food and beverages, cold chain management, healthcare, industrial, and others.

The major players in the market are Reliant Dry Ice, CMC Dry Ice, Oxygen Service Company, Inc., Dry Ice Corp., and Linde, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End Use
  • Region
Breakup by Type
  • Pellets
  • Blocks
  • Others
Breakup by End Use
  • Food and Beverages
  • Cold Chain Management
  • Healthcare
  • Industrial
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
  • New York
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Supplier Selection
  • Key Global Players
  • Key Regional Players
  • Key Player Strategies
  • Company Profiles
Companies Covered
  • Reliant Dry Ice
  • CMC Dry Ice
  • Oxygen Service Company, Inc.
  • Dry Ice Corp.
  • Linde
  • Others

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