Market Scenario

According to the MRFR analysis, the global modified atmospheric packaging market 2020 is estimated to grow at a CAGR of 5.3% during the estimated period (2017-2023).

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Market Highlights

The modified market for atmospheric packaging is growing rapidly, and is likely to continue to grow at the same rate over the forecast period. Modified atmospheric packaging (MAP) helps mitigate the loss of moisture and thus prevents the growth of microbes. MAP 's ability to extend food shelf-life over other packaging technologies is expected to boost its market growth. The high degree of restriction offered by MAP, which prohibits food interaction with atmospheric oxygen and causes contamination, is responsible for its high demand in the cash-rich food and beverage industry.

Segmentation

On the basis of the material, the market has been segmented into polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP), ethylene vinyl alcohol (EVOH), and polyethylene (PE). Ethylene Vinyl alcohol had accounted for the largest share in the material segment of the global modified atmospheric packaging market. EVOH material offers excellent gas barrier properties while retaining good processing. EVOH bars oxygen and retains nitrogen and carbon dioxide used in the modified atmosphere packaging (MAP). This material also has a very high resistance to oils and preserves taste and aroma. On the other hand, polyethylene is also the most common plastic material used in daily life and can contribute to overall market revenue over the forecast period. Polyethylene is accepted as safe for contact with foods by FDA and health safety agencies around the world.

On the basis of application, the global modified atmospheric packaging market is segmented into fruits & vegetables, convenience food, dairy products, bakery & confectionery, and others. Bakery & confectionery accounted for the largest share of the global modified atmospheric packaging market. Bakery products contain a large number of bread-based products. To increase the shelf life, bread-based products required a high proportion of carbon dioxide in packaging solutions. Hence, this will increase the adoption of this technology during the estimated period. Recently, Stewart Systems launched a bulk packaging system for buns with MAP for fast-food service restaurants. The air in the packaging is removed with a vacuum and the bag is filled with nitrogen gas for extending the life of buns by 21 days.

On the basis of the gases, the market has been segmented into carbon dioxide, nitrogen, oxygen, and others. Carbon dioxide is the most important gas in food packaging under modified atmospheric packaging.

Regional Analysis

On the basis of the regions, the global modified atmospheric packaging market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). North America leads the global modified atmospheric packaging market. Increasing demand for wrapped food in this region is propelling the growth of the market. The U.S. holds the largest market share in the North American region. Increasing concerns about hygienic packaging also increased the demand for modified atmosphere packaging as it reduces contamination during handling.

Europe is accounted for the second largest share of the global MAP market and is expected to contribute significantly to the market growth during the forecast period. Germany is one of the top meat producers in EU. It also leads the European market in the production and export of pork and taken the second spot for beef production with a share of 15%. This has increased the need for proper packaging of meat, which can drive the growth of the modified atmospheric packaging market.

APAC is anticipated to grow at the highest CAGR during the forecast period due to the rapid growth in the packaging business. Expansion of the urban population and high disposable income levels can increase the demand for packaged food and beverages. Australia, China, India, Japan, and Indonesia are major contributors to the APAC market. China accounted for the largest share of the regional market due to rapid growth in urbanization and industrial development.

Global Modified Atmospheric Packaging Market– Competitive Landscape

Highly competitive, the MAP market appears to be fragmented due to the presence of several large and small-scale players. Acquisition, partnership, technology launch, and expansion are some strategies that these players adopt to gain an edge over their competitors.

Major Players

Players leading the global MAP market include CVP Systems Inc. (US), Linde AG (Germany), Total Packaging Solutions, LLC (US), Hayssen Flexible Systems (US), Berry Plastics Corporation (US), Dansensor A/S (Demark), Praxair Inc. (US), Ilapak Packaging Machinery (Switzerland), Sealed Air Corporation (US), Coveris Holdings SA (Luxembourg), Bemis Company Inc. (US), Linpac Packaging Limited (UK), Winpak Ltd. (Canada), Amcor Limited (Australia), and Robert Reiser & Co., Inc. (US).

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Industry/Innovation/Related News:

August 06, 2020 --- Air Products and Chemicals, Inc. (the US), an international chemical company, conducted research that has shown that the amount of carbon dioxide (CO2) used in Modified Atmosphere Packaging (MAP) can be reduced to as low as 20% while still maintaining the ability to extend the shelf life of food products.

The research clarified the relationship between shelf life and the reduction of CO2 in the MAP mix. It evaluated several gas mixtures with different CO2 concentrations to determine the lowest CO2 content to prolong food shelf life.

Read more related insights:

https://www.marketwatch.com/press-release/modified-atmospheric-packaging-market-trends-analysis-2021-by-prominent-players-size-growth-projection-share-productive-input-industrial-policies-end-users-and-forecast-2027-2021-08-18
https://latestmarketresearchreportsmrf.wordpress.com/2021/01/19/modified-atmospheric-packaging-market-size-share-industry-growth-by-type-by-application-forecast-2023/
https://in.avalanches.com/pune_modified_atmospheric_packaging_market_research_report_forecast_to_20698215_14_08_2020
https://marketresearchglobal.wordpress.com/2019/08/19/modified-atmospheric-packaging-market-map-is-estimated-to-grow-at-a-cagr-of-5-3-during-forecast-2023/
https://marketersmedia.com/modified-atmospheric-packaging-market-is-expected-to-grow-at-cagr-of-5-by-2022-foresight-research/190580
https://www.scribd.com/document/513086392/Modified-Atmosphere-Packaging-Assignment

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