Global Modified Atmospheric Packaging Market Size, Share, Growth, Analysis, Trends: By Materials (Polyvinyl Chloride, Ethylene Vinyl Alcohol, Polyethylene Terephthalate, Polypropylene And Polyethylene), Gases (Nitrogen, Oxygen, Carbon Dioxide, And Others), Application And Region – 2023
Modified Atmospheric Packaging Market Scenario
Modified atmosphere packaging (MAP) extends the shelf life of fresh food products because it saves them from moisture. Market Research Future (MRFR) has said in a research report about the global modified atmospheric packaging market that enumerates 5.3% CAGR between 2017 and 2023 for this market.
Vital factors driving the global modified atmospheric packaging market growth include the need for vacuum packaging, growing worldwide food exports, need to preserve taste, awareness about fresh food, diet conscious attitude of people regarding healthy food, concerns among consumers regarding preservatives in food items, innovation regarding packaging technology, and limited availability of refrigeration facilities.
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- Influential players making a mark in the global modified atmospheric packaging market include Amcor Limited (Australia)
- Bemis Company Inc. (USA)
- Berry Plastics Corporation (USA)
- Coveris Holdings S.A. (Luxembourg)
- CVP Systems Inc. (USA)
- Dansensor A/S (Demark)
- Hayssen Flexible Systems (USA)
- Ilapak Packaging Machinery (Switzerland)
- Linde AG (Germany)
- Linpac Packaging Limited (UK)
- Praxair Inc. (USA)
- Robert Reiser & Co. Inc. (USA)
- Sealed Air Corporation (USA)
- Total Packaging Solutions LLC (USA)
- Winpak Ltd. (Canada).
Modified Atmospheric Packaging Market Segmentation
The global modified atmospheric packaging market segmentation comprises of application, gases, materials, and region. The application-based segmentation covers bakery & confectionary, convenience food, dairy products, fruits & vegetables, and others. Bakery & confectionery segment holds the largest share in the market as confectionery items are perishable items they require packaging that can increase their shelf life.
By gases, the market has been segmented into carbon dioxide, nitrogen, oxygen, and others. Carbon dioxide holds the largest market share as higher the concentration of carbon dioxide; longer is the durability of the perishable food. Based on material, the market is being segmented into ethylene vinyl alcohol (EVOH), polyethylene (PE), polyethylene terephthalate (PET), polyproylene (PP), and polyvinyl chloride (PVC). EVOH holds the largest share as it can offer excellent gas barrier properties and retain good processability. EVOH keeps oxygen out and retains carbon dioxide and nitrogen used in the MAP. EVOH holds very high resistance to oils due to which itcan preserve the taste and flavour.
The regional segmentation of the global modified atmospheric packaging market includesAsia Pacific, North America, Europe, and Rest of the World (RoW). North America is the global market leader due to the increasing demand for wrapped food in this region. The USA is the topmost country-specific market in this region, followed by Canada. Implementation of the Food Safety Modernization Act by the US government is contributing to the market growth in USA. Other factors progressing the market growth in North America include increasing concern about the hygienic packaging and subsequent demand for MAP as it reduces contamination during handling.
Europe is the second largest regional market as perishable food items like beef and pork are among the key exports of Europe. Germany is among the top meat producers in the European Union (EU). It also leads the European market in the production as well as the export of pork. Germany is also the second largest beef exporter in Europe. Hence, the demand for proper meat packaging is always strong in Europe, especially in Germany. Other major country-specific markets in this region are France, Spain, and the UK.
Asia Pacific region can rise as the fastest growing regional market due to rapid growth in the packaging business. Other factors contributing to the market growth in this region include growing urban population, demand for packaged food & beverages, and high disposable income in China and India. China is the largest country-specific market in this region due to the rapid growth in urbanization and industrial development. Other revenue contributors to the Asia Pacific market are Australia, Indonesia, and Japan, followed by the remaining countries of this region.
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Table Of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
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