Global Modified Atmospheric Packaging Market was valued at USD 10.26 billion. While in 2016, the size of global modified atmospheric packaging market surpassed USD XX billion. The global modified atmospheric packaging market is projected to grow with a CAGR between 4.0% – 4.5% over the forecast period of 2016 – 2022 and surpass USD 15.0 billion by 2022.
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Global modified atmospheric packaging market trend analysis and forecast to 2022
1. Global modified atmospheric packaging Market: Trend Analysis and Forecast to 2022
In 2015, the size of Global Modified Atmospheric Packaging
Market was valued at USD 10.26 billion. While in 2016, the
size of global modified atmospheric packaging market sur-
passed USD XX billion. The global modified atmospheric pack-
aging market is projected to grow with a CAGR between 4.0%
– 4.5% over the forecast period of 2016 – 2022 and surpass
USD 15.0 billion by 2022. Modified atmospheric packaging is a
technology of food packaging that primarily helps extend the
storage time of packaged food. Food manufactures and pro-
ducers are consistently adopting innovative ways to improve
shelf life of packaged food. This technology helps to maintain
taste, color, freshness, nutritious content and appearance of
packaged food and improves the shelf life of perishable prod-
uct i.e. food. Modified atmospheric packaging alters the gase-
ous composition of air present in the packaged food; this in
turn restrains the growth of microorganism which majorly keeps
the food unchanged. Material used in the modified atmospheric
packaging such as polyethylene, polypropylene, polyvinyl chlo-
ride and polyethylene terephthalate among others offer addi-
tional properties to the packaging material.
Modified atmospheric packaging market is majorly driven by
rapidly rising demand for packaged food such as bread, fruits
and vegetable, processed meat, fish, seafood and dairy prod-
ucts. Furthermore, increasing consumer awareness about
healthy food products and improvements in lifestyle are likely
to stimulate market growth and expected to bring more oppor-
tunities to this market over the forecast period. Apart from the
rapid growth factors, the market growth is restrained by me-
chanical damage during transportation and high capital ex-
penditure required for the machinery and material used in mod-
ified atmospheric packaging. This can limit market growth over
forecast period as well.
The report segments the global modified atmospheric packag-
ing market by application, by material, by machinery, by atmos-
phere and by region. Market segmentation based on applica-
tion includes dairy products, bakery & confectionary, poultry,
seafood & meat products; convenience food, fruits & vegeta-
bles and others. On the basis of material market segmented
into ethylene vinyl alcohol, poly ethylene, oriented polyeth-
ylene terephthalate, polyamide and others. Similarly, on the
basis of machinery market segmented into tray-sealer ma-
chine, horizontal & vertical flow packaging machine, deep-
drawing machine, vacuum chamber machine, bag-sealing ma-
chine, bag-in-box and others. On the basis of atmosphere mar-
ket further segmented into nitrogen, oxygen, carbon-dioxide
and others.
The report provides regional analysis covering geographies
such as North America, Europe, Asia Pacific and Rest of the
World (RoW). As of 2015, North America is the largest market
for modified atmospheric packaging and accounted more than
31% of market share globally. The dominance of North Ameri-
ca is projected to continue over the forecast period due to ris-
ing awareness about food safety and implementation of food
safety modernization act by the government in this region. Fol-
lowing North America, Asia pacific considered as prominent
market for modified atmospheric packaging and anticipated to
grow at fastest CAGR of 6.X% over the forecast period. Moreo-
ver, rising income level, changing lifestyle and growing demand
for convenience and ready-to-eat foods in the emerging econo-
mies such as India and China are likely to drive the market
growth at rapid pace across the region.
Global Modified Atmospheric Packaging growth trains
Global Modified Atmospheric Packaging market: Regional
Highlights
Global modified atmospheric packaging application segments % share
Merger &
Acquisitions
Joint ventures
New Product
Development
Others
X.X%
X.X%
X.X%
X.X%
Global Modified Atmospheric Packaging market: industry developments of key participants
x.x
%
x.x
%
x.x
% x.x
%
North America
Latin America
Asia
Europe
2016 2022
XX.X million
XX.X million
Global Modified Atmospheric Packaging Market
Dairy product
50% 100%100%
x.x%
Bakery & confectionary
50% 100%100%
x.x%
Poultry
50% 100%100%
x.x%
Seafood & meat products
50% 100%100%
x.x%
fruits & vegetables
50% 100%100%
x.x%
convenience food
50% 100%100%
x.x%
Others
50% 100%100%
x.x%
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