Over the period of 2020 to 2030, the global carbon dioxide/CO2 market is set to record a sluggish growth rate and moderate increase in its valuation. As per Transparency Market Research, growing demand for CO2 in healthcare is a notable growth factor and increasing demand for aerated drinks will lead to increase in demand for food-grade carbon dioxide over the stated period. Countries with EOR will account for notable share of the market. It is worth noting here that this is the reason that North America will remain a lucrative market over the coming years.