Modified Atmospheric Packaging Market Overview
Modified atmospheric packaging market (MAP) is an effective technology extending the shelf life of packaged foods without the need for added preservatives. Therefore, this type of packaging is used for packaging food & beverages and healthcare products. Especially the food products packaged using these packaging contain fewer preservatives compared to canned food products, which, as a result, increases its popularity among health-conscious consumers.
Modified atmospheric packaging market witnesses a considerable demand that leads to driving its market valuation on the global platform. Increasing consumption of processed food items and ready-to-eat food products is a key driving force behind the market’s growth. With their increasing applications in the packaging of fast-moving consumer goods, food items, and pharmaceutical products, the market is projected to garner significant traction in the years to come.
In this regard, Market Research Future (MRFR), in its recent modified atmospheric packaging market forecast, asserts that the market would grow at a phenomenal CAGR during the review period. Advancements in related packaging technologies are fostering the growth of the market. Additionally, changing consumer food preferences led by the increasing disposable income substantiate the growth of the market.
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Global Modified Atmospheric Packaging Market –Segmentations
The modified atmospheric packaging market analysis is segmented into material, gases, application, and region. The material segment is sub-segmented into Polyvinyl Chloride (PVC), Ethylene Vinyl Alcohol, Polyethylene Terephthalate (PET), Polypropylene (PP) and Polyethylene (PE).
The application segment is sub-segmented into dairy products, bakery & confectionery, convenience food, fruits & vegetables, and others. The gases segment is sub-segmented into nitrogen, oxygen, carbon dioxide, and others.
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Global MAP Market — Regional Analysis
North America dominates the global modified atmospheric packaging market due to the surging demand for wrapped food and packaged food items. Besides, increasing concern about the hygienic packaging, rising uses of MAP to reduce contamination during handling, and the Food Safety Modernization Act by the government are major modified atmospheric packaging market trends.
Europe stands second in terms of the global modified atmospheric packaging market revenue. Germany is one of the top meat producers and exporters of pork and beef in the EU, creating substantial market demand. This has increased the need for proper meat packaging, which drives the modified atmospheric packaging market growth.
The Asia Pacific regionaccounts for a prominent space in modified atmospheric packaging market statistics. The rapid growth in the packaging business due to the burgeoning food & beverages industry fosters the MAP demand. Additionally, the growing urban population and high disposable income increase the demand for packaged food and beverages.
China, Japan, Indonesia, Australia, and India are the major contributor to the MAP market in Asia Pacific. China holds the largest share in 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.
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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).
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.