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, 2022 – 2032.
Industry: Advanced MaterialsThe 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.
Modified Atmosphere Packaging (Modified Atmosphere Packaging), a method of food packaging, modifies the environment inside the package to extend the shelf life of perishable goods. By regulating the quantities of oxygen, carbon dioxide, and other gases in the packing environment, Modified Atmosphere Packaging aims to slow down the deterioration of food goods. Modified Atmosphere Packaging is a flexible packaging technique that can be used for a variety of items, including processed meals and fresh vegetables. Due to rising customer demand for food goods with longer shelf life and greater freshness and convenience, the Modified Atmosphere Packaging market has been steadily expanding. Busy lifestyles, the desire for healthier options, and a rising awareness of food waste are some of the causes that have fueled this demand. The Modified Atmosphere Packaging market has been primarily driven by the food industry. Some of the major product categories that have implemented Modified Atmosphere Packaging for preservation and quality retention include fresh produce, meat and poultry, dairy goods, seafood, bakery items, and ready-to-eat meals. Retailers and supermarkets frequently package and display fresh foods using Modified Atmosphere Packaging technology. They can cut waste and provide more prepared meals and fresh products to customers.
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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.
Impact of COVID 19 On Global Modified Atmosphere Packaging Market
As people stocked up on necessities in the early stages of the COVID-19 epidemic, there was a spike in demand for packaged and shelf-stable items. To increase the shelf life of these products, Modified Atmosphere Packaging packaging may have become more necessary as a result. Global supply chains were interrupted by the pandemic, which had an effect on the supply of Modified Atmosphere Packaging-related equipment, gases, and packaging materials. Maintaining a consistent supply may have been difficult for manufacturers and suppliers. Due to lockdowns and other social isolation measures, more people may have turned to online grocery and food shopping, which may have raised the demand for Modified Atmosphere Packaging packaging to maintain the quality and freshness of goods while in transit. The pandemic had an impact on the availability and price of packaging supplies, which might have altered packaging choices, particularly the use of Modified Atmosphere Packaging materials.
Global Modified Atmosphere Packaging Market Report Coverage
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 14.4 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 5.1% |
2032 Value Projection: | USD 19.3 Billion |
Historical Data for: | 2017-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Application and COVID-19 Impact. |
Companies covered:: | 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, and other key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth & Analysis. |
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Market Dynamics
Modified Atmosphere Packaging Market Dynamics
Increasing preference of convenient and easy to handle packaging
Customers are increasingly looking for packaging options that are practical and simplify their lives. Simple to handle packaging makes it easier to open, reseal, and store products. This is crucial for goods like ready-to-eat meals or snacks that are consumed over several meals. Many consumers have active, busy lives. To preserve the product's freshness for longer periods of time, they require packaging that is not only simple to open but also resealable. Products with convenient packaging include zip-lock bags and resealable pouches. The popularity of e-commerce and online grocery shopping has raised the need for packaging that is lightweight, robust, and able to shield goods from damage while in transit. Additionally, the packaging must be simple for customers to open after their products are received.
Demand for food packaging to propel market growth
The capacity of Modified Atmosphere Packaging to increase the shelf life of perishable food items is one of the main drivers of demand. This is essential for lowering food waste and making sure that customers can obtain fresh, secure goods for extended periods of time. The demand for packaging that can safeguard food during travel has been fuelled by the growth of e-commerce and home delivery services for groceries and prepared meals. Modified Atmosphere Packaging is appropriate for these distribution routes since it can maintain product quality while being shipped. Consumption of fresh and minimally processed meals has increased as a result of the increased focus on health and wellness. Modified Atmosphere Packaging keeps these goods' nutritional value and freshness intact.
Restraints & Challenges
Lack of skilled professionals to hamper the market growth
Technical knowledge of packing materials, equipment, and gas composition is necessary for Modified Atmosphere Packaging implementation. Small and medium-sized firms could have trouble getting access to the required information and materials. Due to worries about the use of gases and chemicals in food packaging, some customers could be leery of Modified Atmosphere Packaging. It is crucial to be open and educate people about how safe Modified Atmosphere Packaging is. A larger amount of shelf space and particular storage conditions may be needed for Modified Atmosphere Packaging packaging because it can be bulkier than conventional packing. Distributors and retailers must allot space appropriately.
Regional Forecasts
North America Market Statistics
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North America is anticipated to dominate the Modified Atmosphere Packaging market from 2023 to 2032. A significant contributor to Modified Atmosphere Packaging in North America was the food industry, which includes sectors including meat and poultry, dairy, bread goods, and fresh vegetables. These industries' producers and merchants embraced Modified Atmosphere Packaging to cut down on food waste and improve product appeal. In North America, the Modified Atmosphere Packaging sector was governed by a number of laws pertaining to food safety and labelling. Companies competing in this market had to adhere to these laws. The North American Modified Atmosphere Packaging market was competitive, with a number of businesses providing Modified Atmosphere Packaging solutions, including providers of packaging materials, machinery, and gas. The result of this competition was innovation and better technologies. In North America, the Modified Atmosphere Packaging market underwent some consolidation as bigger firms bought out smaller rivals to broaden their product lines and market penetration.
Asia Pacific Market Statistics
Asia Pacific is witnessing the fastest market growth between 2023 to 2032. Urbanisation, shifting consumer preferences, a growing middle class, and greater demand for perishable products with longer shelf lives all contributed to this expansion. The Asia-Pacific region's Modified Atmosphere Packaging was significantly influenced by the food and beverage sector. Freshness and quality of products like fresh fruit, meat, seafood, dairy, and processed meals were preserved during distribution and storage thanks to Modified Atmosphere Packaging packaging. Many Asian nations saw rapid urbanisation, which raised consumer demand for prepared meals and convenience goods. This pattern encouraged the use of Modified Atmosphere Packaging for these items' packaging because it increased their shelf life and guaranteed product safety.
Segmentation Analysis
Insights by Product
The Ethylene Vinyl alcohol segment accounted for the largest market share over the forecast period 2022 to 2032. A major force behind EVOH's growth is consumer demand for fresh, minimally processed meals with a long shelf life. The barrier qualities of EVOH help preserve freshness in products including meats, dairy, and some fruits and vegetables. Beyond food packaging, EVOH films and coatings have many other uses as well. Because of their superior gas and odour barriers, they are utilised in industrial packaging, pharmaceutical packaging, and cosmetic packaging. Asia-Pacific and Latin America were among the locations outside of North America and Europe where EVOH in Modified Atmosphere Packaging was growing. New potential for EVOH packaging was created by the growing markets and rising consumer incomes in these areas.
Insights by Application
The Bakery & Confectionery segment accounted for the largest market share over the forecast period 2022 to 2032. To increase product shelf life, Modified Atmosphere Packaging is frequently used in the baking and confectionery industries. For baked foods and confectionary items, which are prone to staling and spoiling, this is especially crucial. Trays, bags, and pouches are just a few of the Modified Atmosphere Packaging packaging possibilities available to manufacturers. Various bakery and confectionery products, such as cookies, cakes, chocolates, and pastries, can be customised using these options. The adoption of Modified Atmosphere Packaging in this industry has been fueled by the growth of e-commerce and online meal delivery services. For online sales, packaging that protects product integrity during transit is essential.
Recent Market Developments
- In January 2021, The Carbon Trust's 'Reducing CO2 Packaging' Label was printed on Amcor packaging, according to a statement from Amcor Plc, to show significant carbon footprint reductions.
Competitive Landscape
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
Frequently Asked Questions (FAQ)
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1. What is the market size of the Modified Atmosphere Packaging Market?The global Modified Atmosphere Packaging Market is expected to grow from USD 14.4 Billion in 2023 to USD 19.3 Billion by 2032, at a CAGR of 5.1% during the forecast period 2022-2032.
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Who are the key market players of the Modified Atmosphere Packaging Market?Some of the key market players of market are 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.
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Which segment holds the largest market share?Food and Confectionery segment holds the largest market share are going to continue its dominance
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Which region is dominating the Modified Atmosphere Packaging Market?North America is dominating the Modified Atmosphere Packaging Market with the highest market share.
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