Competitively driven cold chain logistics, food preservation and increasingly large scope pharmaceutical transportation has made dry ice a critical material throughout the American food, pharmaceutical and industrial supply chains. Increasing industrialization is paving way for new use cases of this economical, green cooling solution all over the U.S. market.
This has changed the way American companies go about temperate-sensitive shipping and warehousing. The growing e-commerce and online grocery delivery are rising dry ice demand for last mile cold storage and temperature-sensitive shipment, coupled with healthcare and lab use expansion for cryogenic preservation sample shipping, vaccine distribution. In 2025, almost 35 per cent of global dry ice consumption was accounted for by the increasing demand from cold chain logistics and pharmaceutical transport.
The U.S. Dry Ice Market was valued at approximately USD 0.36 billion in 2025 and is projected to reach around USD 0.66 billion by 2033, driven by strong demand for solid dry ice in food and beverage applications, along with growing commercial, industrial, and pharmaceutical use. Globally, the Dry Ice Market was valued at USD 1.63 billion in 2025 and is expected to reach USD 2.91 billion by 2033, expanding at a CAGR of 7.50% during the forecast period of 2026–2033.
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U.S. Dry Ice Market Analysis
The fastest regional dry ice market will be found in North America, where the United States along with Canada consumes more than 350,000 tons of dry ice through 2025. Sustainable solid dry ice and fermented food & beverage applications dominate U.S. consumption, with pellet dry ice also on the rise through emerging use cases across the country.
Demand for fuels is predominantly driven by commercial use in the United States. By 2025, the United States had used 180,000 tons of dry ice with commercial users accounting for 110,000 tons and the rest divided between industrial and pharmaceutical applications that demonstrate a diverse and growing base of use cases across the nation.
The U.S. market has seen continuous increase in demand driven by cold chain logistics and e-commerce growth. The availability of increasing applications in online grocery delivery, pharmaceutical supply chains and industrial cleaning has increased the adoption rate of dry ice solutions among American businesses.
Top 5 Leading Dry Ice Companies
1. Linde plc
Linde plc is the leader in the U.S. and international dry ice industry and currently operates over 25 manufacturing facilities as of 2025, with annual CO₂ production of over 500,000 tons used for food processing, pharmaceutical products, and industrial applications. Extensive operations in North America make Linde plc the leading supplier for the needs of temperature-sensitive shipping.
In February 2025, Linde increased its capacity of CO₂ production at the Freeport, Texas facility through the expansion, adding additional production capacity of over 50,000 tons per year.
2. Air Products and Chemicals, Inc.
Air Products and Chemicals produce more than 400,000 tons of dry ice per year by 2025 and runs 20 plants around the world. Air Products is specialized in cryo-fermentation and cold chain logistics and works for food, pharmaceutical, and industrial sectors in the USA.
Air Products introduced a new range of pellet dry ice in April 2025 to be used for e-commerce cold chains, with over 20 packaging solutions for the American market.
3. Messer Group GmbH
Messer Group maintains 18 plants in Europe and Asia, providing more than 300,000 tons of CO₂ to manufacture dry ice as of 2025. Being an overseas corporation, it utilizes its partnership and delivery system in response to the increasing demands worldwide, including those from the US industry and health care sector.
Messer Group launched its HD series of dry ice blocks for the purposes of industry cleaning and food conservation in March 2025. These blocks are supplied in 10-50 kg blocks.
4. Continental Carbonic Products, Inc.
Continental Carbonic Products is one of the biggest companies dedicated to producing dry ice in America. The company has a broad range of production facilities and distributors that support its various clients such as food companies, pharmaceutical firms, and other industrial customers all over the country.
The broad distribution facilities of the company are able to cater to the growing needs of the American population in terms of dry ice delivery.
5. Reliant Ice
Reliant Ice acts as a major regional supplier in the dry ice market in the U.S., offering services to business, industrial, and pharmaceutical clients through its solid and pelletized dry ice products. The emphasis on timely regional distribution by Reliant Ice is due to increasing demand for temperature-controlled packaging in America.
Reliant Ice's constant effort to improve its distribution channels complements the general market trend in the U.S. regarding increased speed and proximity of dry ice delivery.
What the Future of the Dry Ice Market Holds
Future prospects for the dry ice industry depend on growth in cold chain logistics and pharmaceutical transportation, with the global dry ice manufacturing industry forecasted to exceed 2.1 million tons by 2033. The growing popularity of the dry ice as the material for industrial cleaning and e-commerce is expected to continue to drive opportunities in the segment.
Growing demand for sustainable and reusable refrigeration solutions and cryogenic storage facilities is creating attractive opportunities in food, pharmaceutical, and industrial industries, with the global dry ice consumption exceeding 750,000 tons by 2033. Green investments into production are expected to ensure further expansion of the market.
As North America currently accounts for the fastest-growing CAGR of 8.46% globally and consumes more than 350,000 tons in 2025, driven by cold chain logistics and e-commerce growth, the United States is expected to maintain the leading position in the dry ice market until 2033.
