Modified Atmosphere Packaging Market 2022 SWOT Analysis and Key Business Strategies by Leading Players – Amcor PLC, Linde AG, Sealed Air Corporation

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)

Latest research on Modified Atmosphere Packaging Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Modified Atmosphere Packaging market. This report included a special section on the Impact of COVID19. Also, Modified Atmosphere Packaging Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Modified Atmosphere Packaging industry.

 (Special Offer: Get flat 15% discount on this report)
Download Free PDF Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/05202905282/modified-atmosphere-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=VIIIXX

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

Industry News And Developments:

- 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.

Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Modified Atmosphere Packaging market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Modified Atmosphere Packaging Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

The longer shelf life of products gives a larger sales window for retailers to trade the product. This helps them to decrease the wastage of products and increase profits. Additionally, MAP is a technology that enables increased shelf life of products and can be transported to distant locations without adding chemicals.

- 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.

Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/05202905282/modified-atmosphere-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=VIIIXX

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.

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.

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. 

Purchase This Report
https://www.marketinsightsreports.com/report/purchase/05202905282?mode=su?Mode=VIIIXX

We Offer Customization On Report Based On Specific Client Requirement:

Free country Level analysis for any 5 countries of your choice.
Free Competitive analysis of any 5 key market players.
Free 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.