Modified Atmosphere Packaging Market Demand Analysis, Growth Strategies and Business Opportunities 2021-2027 | Key Players includes Amcor PLC, Linde AG, Sealed Air Corporation, Praxair Inc., Berry Global Inc.

Modified Atmosphere Packaging Market - Growth, Trends, And Forecast (2020 - 2025)

The report presents an in-depth assessment of the Modified Atmosphere Packaging including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Modified Atmosphere Packaging investments from 2020 till 2025.

The modified atmosphere packaging market was valued at USD 12.97 billion in 2020, and it is expected to reach USD 18.28 billion by 2026, at a CAGR of 5% over the forecast period (2021 - 2026).

The Modified Atmosphere Packaging market is highly competitive and consists of a number of major players. Top Companies like Amcor PLC, Linde AG, Sealed Air Corporation, Praxair Inc., Berry Global Inc., Multisorb Technologies Inc., Robert Reiser & Co. Inc., Air Products and Chemicals Inc., StePac Inc., Mondi Group

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Industry News:

- Feb 2019 - Praxair Inc. authorized the construction of a world-scale hydrogen plant in Louisiana to supply products under a long-term contract with a major refinery in the area. The new plant will be integrated with Praxair's already extensive Louisiana production network via its Mississippi River Corridor hydrogen pipeline system.
- May 2019 - Sealed Air announced the signing of a definitive agreement to acquire Automated Packaging Systems for USD 510 million. This acquisition stands in line with the company's goal of reinventing SEE by doubling its innovation rate over the next five years. The acquisition will provide additive capabilities to the company, including expertise in engineering, automation technology, and sustainability, which will strengthen the company's protective packaging solutions.

Scope of the Report

 In the MAP process, the product is packaged in an atmosphere dissimilar from that of air. MAP helps in delaying the process of product degradation, typically by decreasing the oxygen content available to the product during its shelf life. Shelf life is also one of the most significant factors that drive the profitability of retailers and distributors. The MAP also plays an important role in enhancing the quality and decreasing the waste of products in the retail sector. For instance, the waste reduction from 5% to 1% in winter and 15% to 2% in summer was reported due to the use of retail MAP packaging for bananas.

Key Market Trends

Poultry, Seafood, and Meat Products are Expected to Hold a Major Position in the Market

- Meat and sausage products, especially raw meat, are most likely to spoil due to microbial growth, on account of their increased moisture and nutrient content. No matter whether, pork or poultry, decay initiates from the moment of slaughter and especially after slaughtering. Besides the extraordinary hygiene standards and permanent cooling, modified atmospheres can considerably extend the shelf life of meat and sausage products. CO2 is the most significant or essential among the protective gases.
- At concentrations above 20%, CO2 can considerably decrease microbial growth. In the case of red meat, there is the possibility of oxidation of the red color pigments. The meat loses its red color, getting grey and unappetizing in appearance. This oxidation is particularly prominent with beef. Increased oxygen content in protective gas packaging can prevent oxidation. A decreased carbon monoxide content (approx. 0.5 %) can also hold and retain the red meat's red color.
- Poultry is principally sensitive to rapid spoilage and is, therefore, subject to higher requirements for permanent cooling. Here, MAP with CO2 content will prolong the shelf life. High oxygen content is used for poultry without skin to keep the color of the meat. The foods can partially absorb the CO2. Nitrogen is used as a supporting gas to avoid the packaging from collapsing.
- Moreover, fish and seafood are some of the most delicate foods. They are at risk of quickly lessening in quality and spoiling even shortly after the catch. Modified atmospheres Packaging with a minimum of 20 % CO2 can delay and slow down bacteria growth.

North America is Expected to Witness Significant Growth

- The US modified atmosphere packaging industry is undergoing a push toward e-commerce platforms. Meals and snack bars are still relatively minor as a sales segment when online purchases are taken into consideration, although it is a growing segment. With subscription boxes and grocery pickups existing and available from online shopping, their augmented access may result in the growth of the market.
- The primary reasons driving the growth of the North American market are the increasing demand for fresh and quality packaged food, hygienic packaging of food, manufacturers' demand for extended shelf life, and on-the-go lifestyle. The advancements in food packaging technology and equipment, coupled with the swing towards easy-to-handle and convenient packaging, are also factors that drive the market growth.
- However, the increased cost of development and stringent government legislation are the factors that are hindering the growth of the market. On the other hand, to gain consumers' confidence in food safety, advanced packaging technology may act as a tool for product differentiation and can present multiple opportunities for the vendors in the market.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Modified Atmosphere Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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