Global Modified Atmosphere Packaging Market Size to Worth USD 19.3 Billion by 2032 | CAGR of 5.1%

Global Modified Atmosphere Packaging Market worth USD 19.3 Billion by 2032

According to a research report published by Spherical Insights & Consulting, the Global Modified Atmosphere Packaging Market Size to Grow from USD 14.4 Billion in 2022 to USD 19.3 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period.

Browse key industry insights spread across 200 pages with 110 market data tables and figures & charts from the report on The "Global Modified Atmosphere Packaging Market Size By Product (Polyethylene, Ethylene Vinyl alcohol, Nylon), By Application (Dairy Products, Bakery & Confectionery, Poultry), By Geographic Scope And Forecast, 2023 – 2032." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/modified-atmosphere-packaging-market

In order to increase the shelf life of perishable items, Modified Atmosphere Packaging (MAP) alters the climate inside the box. Modified Atmosphere Packaging works to reduce the rate at which food products deteriorate by controlling the levels of oxygen, carbon dioxide, and other gases in the packing environment. Modified Atmosphere Packaging is a versatile method of packaging that may be applied to a range of products, such as processed foods and fresh produce. The market for Modified Atmosphere Packaging has been continuously growing as a result of growing consumer demand for food products with longer shelf lives, higher freshness, and greater convenience. A few factors that have spurred this demand are busy lifestyles, the desire for healthier options, and a growing awareness of food waste. Fresh produce, meat and poultry, dairy products, seafood, bakery items, and ready-to-eat meals are just a few of the key product categories that have used Modified Atmosphere Packaging for preservation and quality retention. Fresh food is routinely packaged and displayed by retailers and supermarkets utilising Modified Atmosphere Packaging technology. They can reduce waste while giving clients more prepared meals and fresh goods.

COVID 19 Impact

In the early stages of the COVID-19 outbreak, there was a surge in demand for packaged and shelf-stable goods as individuals stored up on necessities. Modified Atmosphere Packaging packaging may have become more essential as a result to extend the shelf life of these goods. The pandemic disrupted global supply chains, which had an impact on the availability of gases, equipment, and packaging materials for Modified Atmosphere Packaging. It might have been challenging for suppliers and manufacturers to maintain a steady supply. More people may have resorted to online grocery and food shopping as a result of lockdowns and other social isolation measures, which may have increased demand for Modified Atmosphere Packaging packaging to preserve the quality and freshness of commodities while in transit.

Customers are increasingly seeking packing options that make their lives easier and more practical. It is simpler to open, reseal, and store things when the packaging is easy to handle. For products like ready-to-eat meals or snacks that are consumed over numerous meals, this is essential. Numerous consumers lead active, hectic lives. They need packaging that is not only easy to open, but also resealable, in order to maintain the product's freshness for longer periods of time. Zip-lock bags and resealable pouches are examples of products with practical packaging. The rise of online grocery shopping and e-commerce has increased the demand for packaging that is compact, strong, and capable of protecting goods from damage while in transit. The package must also be easy for buyers to open after they receive their products.

Modified Atmosphere Packaging application requires technical expertise in packing supplies, machinery, and gas composition. It could be difficult for small and medium-sized businesses to access the necessary data and supplies. Some customers may be wary of Modified Atmosphere Packaging because they are concerned about the use of gases and chemicals in food packaging. Being transparent and informing the public about the safety of Modified Atmosphere Packaging are essential. Modified Atmosphere Packaging can be thicker than standard packing, therefore additional shelf space and certain storage conditions may be required. Retailers and distributors must allocate space properly.

Insights by Product

The Ethylene Vinyl alcohol segment accounted for the largest market share over the forecast period 2023 to 2032. Consumer demand for fresh, minimally processed meals with a long shelf life is a key factor driving EVOH's expansion. Meats, dairy, various fruits and vegetables, as well as other products, can retain their freshness longer because to the barrier properties of EVOH. EVOH films and coatings are used for a variety of different things than food packaging. They are used in industrial packaging, pharmaceutical packaging, and cosmetic packaging due to their strong gas and smell barriers. Outside of North America and Europe, regions where EVOH in Modified Atmosphere Packaging was expanding included Asia-Pacific and Latin America. The expanding markets and rising consumer incomes in these regions have opened up new possibilities for EVOH packaging.

Insights by Application

The Bakery & Confectionery segment accounted for the largest market share over the forecast period 2023 to 2032. Modified Atmosphere Packaging is frequently used in the bakery and confectionery sectors to extend product shelf life. This is especially important for baked goods and confections, which are prone to staling and rotting. Manufacturers have a variety of options for Modified Atmosphere Packaging, including trays, bags, and pouches. These options allow you to personalise a variety of bakery and confectionery items, including cookies, cakes, chocolates, and pastries. Due to the expansion of e-commerce and online meal delivery services, this sector has adopted Modified Atmosphere Packaging. Packaging that preserves product quality throughout transit is crucial for online sales.

Insights by Region

North America is anticipated to dominate the Modified Atmosphere Packaging market from 2023 to 2032. The food industry, which includes segments such as meat and poultry, dairy, baked goods, and fresh vegetables, was a big contributor to Modified Atmosphere Packaging in North America. Modified Atmosphere Packaging was adopted by the manufacturers and retailers in these sectors to reduce food waste and enhance product appeal. Food safety and labelling rules were among the laws that governed the Modified Atmosphere Packaging industry in North America. These laws had to be followed by businesses that competed in this market. There were several companies offering Modified Atmosphere Packaging solutions in the competitive North American market, including suppliers of packaging materials, equipment, and gas.

Asia Pacific is witnessing the fastest market growth between 2023 to 2032. This expansion was facilitated by urbanisation, evolving consumer preferences, a rising middle class, and increased demand for perishable goods with longer shelf life. The food and beverage industry had a big impact on Modified Atmosphere Packaging in the Asia-Pacific area. Modified Atmosphere Packaging helped to maintain the quality and freshness of goods like fresh fruit, meat, seafood, dairy and processed meals during transportation and storage.

Major players in the market

• Air Products And Chemicals
• Amcor
• Bemis
• Berry Plastics
• Hayssen Flexible Systems
• Coveris Holdings
• Linde
• Orics Industries
• Praxair
• Sealed Air
• Cvp Systems
• Dansensor
• Ilapak International
• Linpac Packaging
• Multisorb Technologies
• Robert Reiser
• Ulma Packaging

Market Segmentation

This study forecasts revenue at global, regional, and country levels from 2023 to 2032.

Modified Atmosphere Packaging Market, Product Analysis

• Polyethylene
• Ethylene Vinyl Alcohol
• Nylon
• Oriented Polyterephthalic Acid
• Others

Modified Atmosphere Packaging Market, Application Analysis

• Dairy Products
• Bakery & Confectionery
• Poultry, Seafood
• Meat Products
• Convenience Food

Modified Atmosphere Packaging Market, Regional Analysis

• North America

• US

• Canada

• Mexico

• Europe

• Germany

• Uk

• France

• Italy

• Spain

• Russia

• Rest of Europe

• Asia Pacific

• China

• Japan

• India

• South Korea

• Australia

• South America

• Brazil

• Argentina

• Colombia

• Middle East & Africa

• UAE

• Saudi Arabia

• South Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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