The global modified atmosphere packaging market is projected to grow at a CAGR of around 5% during the forecast period. Modified atmosphere packaging belongs to the flexible packaging methods which are generated by altering the initial gaseous environment near the products, whereby no further control during the storage period is performed. The atmosphere dissimilarity from that of air is generated in modified atmosphere packaging, which aids in delaying the degradation of the food item by increasing shelf life. In modified atmosphere packaging, the oxygen content is decreased, so that the shelf life of the product is enhanced. To achieve the extended shelf life of the product, the modified atmosphere packaging is required, which in turn, is one of the primary factors that drive the market growth over the forecast period. The extended shelf life gives a larger window for product sales which decreases the wastage of the product as well as enhances profits. It also enables the transfer of the products to distant locations without adding chemicals in the food item.
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Other key factors that drive the growth of the market include increased demands for the packaged food items including canned fruits, bread, processed food items, and other dairy products. The novel technology of food packaging also lowers the chemical preservative requirements, and cost of production and storage. Thus, this in turn drives the growth of the global modified atmosphere packaging market during the forecast period. However, the technology is costly as compared with other technologies of preserving the food items, which is one of the major challenges for the growth of the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Modified Atmosphere Packaging Market by Packaging Material
- Polyvinylchloride (PVC)
- Low-density Polyethylene (LDPE)
- Polypropylene (PP)
- Other Packaging Materials (Ethylene Vinyl Alcohol)
Global Modified Atmosphere Packaging Market by Application
- Fruits &Vegetables
- Dairy Products
- Poultry, Seafood, &Meat Products
- Bakery &Confectionery Products
- Other
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Air Products and Chemicals, Inc.
- Amcor Plc
- Barry-Wehmiller Co.
- Berry Global Inc.
- CV-Tek Inc.
- Dansensor A/S
- Gulf Cryo
- Ilapak International, S.A.
- Linde Plc
- Mondi Group
- Multisorb(Filtration Group Corp.)
- Praxair, Inc.
- Robert Reiser & Co., Inc.
- Sealed Air Corp.
- StePacLA Ltd.
- Total Packaging Solutions, LLC
- ULMAGroup
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global modified atmosphere packaging market. Based on the availability of data, information related to products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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