“the global nitrous oxide market will rise to $1.47 billion by 2025. Whereas in 2016 it was $805 million.”
The Demand For Nitrous Oxide Is On The Rise
I’m sure it hasn’t escaped your notice that the demand for nitrous oxide (N2O) is very much on the rise. Demand across industries continues to rise and will do so for some time. According to the statistics firm Grand Review Research, Inc. the global nitrous oxide market will rise to $1.47 billion by 2025. Whereas in 2016 it was $805 million. This would represent an annual increase of 7.1%. As a result, we can say that it is a strong growing market.
The largest share of this growth can be traced to the growing demand in different industries. The medical market is growing, but the food and beverage market, in particular, is providing the largest market increase. We have all been introduced to molecular cooking in recent years. Which has caused a huge increase.
How is it that the nitrous oxide market is growing so fast?
The largest share of this growth can be traced to the growing demand in different industries. The medical market is growing, but the food and beverage market in particular is providing the largest market increase. We have all been introduced to molecular cooking in recent years. Which has caused a huge increase.
What about the wholesale of nitrous oxide?
There are only a few independent brands in the current market. In most cases, these brands have their own distribution channel(s). Therefore, it is becoming increasingly difficult for new brands or dealers to enter the market.
What does the nitrous oxide market look like?
Now that we are in such a growing market, companies and producers are becoming more creative to enter this market. Because the market is considered lucrative it is also becoming more and more interesting. But how do you get started?
First and foremost important is which brands are currently active (big) in the wholesale market for nitrous oxide?
First of all we have the Amsterdam-based brand Fast Gas. Using larger cylinders of 580g makes using nitrous oxide increasingly easier. People no longer have to lug around lots of small cream cartridges but could replace almost 80 cream cartridges with one cylinder. This played into the growth of the market.
Fast Gas cylinders are made of first class stainless steel, contains 580 grams of N2O. Is completely disposable and also environmentally friendly. In addition, they comply with all European rules and regulations.
Another major player in the market is Mosa Industrial Corporation, one of the largest manufacturers of cream cartridges. Mosa has invested a lot of money in the development of the 8g cream cartridges. Because of this large investment, they are currently the market leader in this segment.
They have also invested a lot of money in automation, which allows them to produce huge quantities per day. When one of their competitors fails, they can immediately respond to the demand.
3. iSi Culinary
In terms of quality, iSi Culinary is the superlative in the market. They are producers of various gases, which makes their position so strong. Besides N2O, for example, they also produce CO2, but also nitro gases. Their market is said to be mainly Europe. They have specialized in the medical application of N2O.
Perhaps the best known of all: Kayser. An Austrian producer that has been the market leader since the emergence of nitrous oxide. Their capacity is still increasing every year so they can meet all the demand for N2O. We often see this brand in Europe at the catering wholesale.
Are you thinking about starting an enterprise in the nitrous oxide market?
Then we might be able to do something for you. Because the application of nitrous oxide is becoming easier, the market continues to grow. Would you like to be a part of this? Then you can! Whether you have a store or are a distributor you can quickly expand the sale and resale of nitrous oxide.
Do I fit the profile?
Being a reseller does not suit everyone. We made a list of 8 essential skills for reselling. Can you find yourself in the description or do you want to develop these skills? Keep on reading!
Let’s kick it off with the fundamental stuff. If you buy things to resell, you have an entrepreneurial spirit in you. Many people won’t even be aware they have it until they spot their first opportunity. So much comes with this: process development, optimizing efficiency, time management, delegation. It doesn’t end.
- Dealing with disappointment
When you’re completely new, you’re going to make mistakes. They hurt. But then you get over them, because you learn from them, and adapt your strategy to ensure it doesn’t happen again. Even seasoned resellers make mistakes. It’s all just fuel to make more profit from your next haul.
Whether it’s through negotiating a deal at a boot sale or well-crafted complaint responses on your webshop. You’re going to have to build your communication skills to get anywhere with reselling. If you don’t think you’ve got what it takes now, it is wise to focus on developing communication skills. Google nonviolent communication and watch some videos about this subject. It will help you to establish good relations
- Customer service
Following directly on from the last, customer service is something many overlook in this field. Keeping cool and professional is the name of the game with customer service, and you will be put to the test here. Research from Trustpilot shows that 9 out of 10 people check reviews before they buy something. Excellent customer service will translate to positive reviews which in turn will translate to sales.
It doesn’t matter if you have accounting software to cover part of the task, you will have to learn to some degree how to manage your books. If you want to take more control of your incoming finances, expect to have to learn how to be savvier with the outgoings too. Dive into your country’s rules and learn the basics.
- Looking ahead
Forecasts. Trends. Stock maintenance. It may take you a while to develop long-term strategies for your shop, but you will feel like a don when you’re able to see the future and act accordingly
Mess = stress. The more you have things ordered and planned, the more easily you can make your reselling bit on the side pay off for you. Process documents may be too much for your needs, but having set structures for incoming and outgoing stock makes life easier.
Probably the most important of all. If you take anything away from a little reselling, let it be that you’re more confident to put money behind something that you think will return you greater sums in the future.
The supply challenge of nitrous oxide.
The most important and difficult hurdle to overcome is finding the right manufacturer. Most manufacturers are comfortable in terms of sales and are not looking to add more distributors. This is where Fast Gas can help you. We are always looking for new nitrous oxide distributors.
Challenge in the area of N2O quality
In addition to the above challenge in terms of delivery and finding the right manufacturer, there is also the challenge of meeting all the quality requirements. European regulations are quite strict on the use and transport of gases. All products must therefore comply with all European guidelines and regulations. There is also a big difference in the quality of the product itself. Where one manufacturer may have invested a lot of time and effort in a quality product, another manufacturer might have done less so. Keep this in mind.
How do you become a nitrous oxide distributor?
By contacting us through our distributor form we would like to get in touch with you. We’re committed to making nitrous oxide accessible to everyone, so we’re always looking for distributors in all countries. If the above appeals to you, please contact us.