The global market for Modified Atmosphere Packaging was estimated at US$16.0 Billion in 2023 and is projected to reach US$20.4 Billion by 2030, growing at a CAGR of 3.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Modified Atmosphere Packaging Market - Key Trends & Drivers Summarized
What Is Modified Atmosphere Packaging and Why Is It Revolutionizing Food Preservation?
Modified Atmosphere Packaging (MAP) is an innovative packaging technology that alters the atmospheric composition inside the packaging to prolong the shelf life and maintain the quality of perishable goods. Typically used for fresh and minimally processed foods, MAP involves lowering the levels of oxygen, while increasing levels of nitrogen and carbon dioxide, which slows down the product degradation process caused by microbial growth and oxidation. This technique is crucial for products such as meats, dairy, fruits, and vegetables, where freshness and safety are paramount. The growth of global food distribution channels and the increasing consumer demand for fresh, ready-to-eat, and convenient food options have made MAP a vital technology in the food industry, ensuring products remain fresh during transit and on shelves.How Does MAP Technology Adapt to Current Market Needs?
The evolution of MAP technology reflects a response to the increasingly stringent demands for food safety, quality, and sustainability. Innovations in MAP include the development of smarter packaging solutions that can actively respond to the changes in the environment inside the package, such as oxygen scavengers or ethylene absorbers. These advancements help in maintaining optimal conditions for each type of product, enhancing freshness and extending shelf life even further. Additionally, the industry has seen a shift towards using more sustainable materials in MAP applications, reducing environmental impact while meeting regulatory requirements. The technology's adaptability not only caters to consumer demands for quality and convenience but also aligns with global sustainability goals by minimizing food waste through improved preservation methods.What Are the Key Industries Driving the Adoption of MAP?
The adoption of Modified Atmosphere Packaging is most prominent in the food and beverage sector, where maintaining product integrity and extending shelf life are crucial. Within this sector, the fresh produce industry represents a significant user of MAP due to its ability to significantly extend the marketability of fruits and vegetables beyond what conventional packaging can offer. Similarly, the meat and poultry industry relies heavily on MAP for preserving the color, texture, and flavor of products, factors that are essential for consumer satisfaction and market competitiveness. Beyond food, the pharmaceutical industry has also begun utilizing MAP to enhance the shelf life and stability of certain medications, showcasing the versatility and broad applicability of MAP technologies across various markets.What Drives the Growth in the Modified Atmosphere Packaging Market?
The growth in the Modified Atmosphere Packaging market is driven by several factors, including advancements in packaging technologies, increasing consumer demands for high-quality and long-lasting food products, and stringent food safety regulations across the globe. The rising popularity of convenience foods among consumers who are increasingly looking for ready-to-eat and easy-to-prepare options has significantly contributed to the expansion of the MAP market. Additionally, the global increase in health awareness has spurred demand for fresh and organic products, which benefit greatly from enhanced preservation methods like MAP. Environmental concerns also play a role, as MAP can reduce food wastage by extending the edible life of produce and other perishables. Furthermore, emerging markets with growing middle-class populations are adopting modern food preservation practices, including MAP, to meet their expanding food safety and quality expectations.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Ethylene Vinyl Alcohol Material segment, which is expected to reach US$8.0 Billion by 2030 with a CAGR of a 4.4%. The Polyethylene Material segment is also set to grow at 3.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $4.2 Billion in 2023, and China, forecasted to grow at an impressive 3.4% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Modified Atmosphere Packaging Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Modified Atmosphere Packaging Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Modified Atmosphere Packaging Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Air Products and Chemicals, Inc., Amcor Ltd., Bemis Co., Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 41 Featured):
- Air Products and Chemicals, Inc.
- Amcor Ltd.
- Bemis Co., Inc.
- Berry Plastics Corporation
- Coveris Holdings SA
- CVP Systems, LLC
- Ilapak International SA
- Linde AG
- LINPAC Packaging
- Orics Industries, Inc.
- Praxair, Inc.
- Robert Reiser & Co., Inc.
- Sealed Air Corporation
- ULMA Packaging, S.Coop.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Air Products and Chemicals, Inc.
- Amcor Ltd.
- Bemis Co., Inc.
- Berry Plastics Corporation
- Coveris Holdings SA
- CVP Systems, LLC
- Ilapak International SA
- Linde AG
- LINPAC Packaging
- Orics Industries, Inc.
- Praxair, Inc.
- Robert Reiser & Co., Inc.
- Sealed Air Corporation
- ULMA Packaging, S.Coop.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 273 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 16 Billion |
Forecasted Market Value ( USD | $ 20.4 Billion |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |
No. of Companies Mentioned | 14 |