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The dry ice production equipment market is expected to expand at a CAGR of 7.1% over the forecast period. On the basis of region, dry ice production equipment market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.  North America is expected to account for the largest market share over the forecast period, owing to increasing adoption and presence of key players in the region such as Cold Jet, Llc., and TOM CO2 Systems.

One of the major application of dry ice processing equipment is in airline catering industry to keep prepared meals fresh when transported from the airline catering kitchen to the airplane.

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