Press release
Revenue generated from Sales of Active and Modified Atmosphere Packaging is Forecast to Surpass US$ 26.0 Bn by 2024
Using active and modified atmosphere packaging for fresh food packaging is relatively a new solution for food packaging, which elongates the shelf life food products. Developments such as self- venting microwave packs, respiring trays and other segments related to food packaging are aiding to the growth of the industry.
To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/11470
Owing to its properties, active and modified atmospheric packaging is largely preferred by meat producers and retailers, who benefit from this packaging technology and also differentiate their product offering from competitors. Materials used in active and modified atmospheric packaging such as polyethylene, polypropylene, polyvinyl chloride and polyethylene terephthalate etc., also offer additional properties to the packaging material.
Compostability and biodegradability are common properties achieved with the use of active and modified packaging option, however, temperature resistance, specific gas barrier, glossy aesthetic are some of the additional properties offered by active and modified packaging, due to which the preference of this packaging has increased over past few years.
Active and modified atmosphere packaging market is expected to remain lucrative during the forecast period since it is most suitable packaging option for fresh food products that have substantial demand in the consumer market. Companies engaged in dairy product manufacturing, meat & poultry product processing, fruits & vegetables as well as frozen food processors prefer active and modified atmospheric packaging.
Request For Report Customization - https://www.persistencemarketresearch.com/request-customization/11470
Though processed food products are estimated to account for 15% of the total active and modified atmosphere packaging market share, impressive food industry growth coupled with consumers spending outside homes is anticipated to substantiate the total demand for active and modified atmosphere packaging in the near future.
The active and modified atmosphere packaging market in meat, poultry & seafood is projected to register 1.5X growth in revenue between 2016 and 2026 and is forecast to dominate the market throughout the forecast period.
Amcor Limited, Sealed air corporation, Berry Plastic Group Inc., Bemis company Inc., are among the leading players in the global active and modified atmosphere packaging market. Other market player includes Linpac Packaging, Coveris Holdings S.A, Winpak Limited Company, ULMA Packaging, S. Coop and Ilapac International S.A.
In terms of region, Asia-Pacific accounted for the leading value share in the global active and modified atmosphere packaging market in 2015. The APAC market is projected to increase at CAGR of over 6% till 2026, translating into 1.6X growth between 2016 and 2024. Asia Pacific is closely followed by Latin America, which is projected to register a CAGR of slightly less than 6% during the forecast period.
For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/11470
Read More Trending "PMR Exclusive Article"
U.S. Market Study on Costume Jewelry: https://www.persistencemarketresearch.com/market-research/us-costume-jewelry-market.asp
Global Market Study on Ozone Technology: https://www.persistencemarketresearch.com/market-research/ozone-technology-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About Us:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Revenue generated from Sales of Active and Modified Atmosphere Packaging is Forecast to Surpass US$ 26.0 Bn by 2024 here
News-ID: 2698464 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Active
Active Insulation Accelerating Growth with Future Active Insulation Size Strateg …
In 2023, the global active insulation market was valued at approximately USD 315.57 million. Projections indicate that the market will reach around USD 523.72 million by 2032, reflecting a compound annual growth rate (CAGR) of approximately 5.79% from 2024 to 2032. This growth is driven by increasing demand for energy-efficient building materials and advancements in insulation technologies.
Keyword Active Insulation Overview
The global active insulation market was valued at approximately…
Cathode Active Materials Market Powering the Future: Sustainable and Innovative …
Cathode Active Materials Market to reach over USD 38.62 billion by the year 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Cathode Active Materials Market Size, Share & Trends Analysis Report By Material Type (Lithium-Ion Cathode Materials, Lead-Acid Materials, And Other Materials), Battery Type (Lithium-Ion Batteries, Lead-Acid Batteries And Others)- Market Outlook And Industry Analysis 2031"
The global…
Active Hydroponic System Market | ALIEN, Active Aqua, AmHydro, Argus Control
The global active hydroponic system market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the active hydroponic system market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Active Wound Care Market - Revolutionizing Wound Management: Elevate Care with A …
Newark, New Castle, USA: The "Active Wound Care Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Active Wound Care Market: https://www.growthplusreports.com/report/active-wound-care-market/7875
This latest report researches the industry structure,…
Active Packaging Market To See Huge Growth By 2022-2028 | Amcor, Active Packagi …
According to a new examination on the Active Packaging market, a clear state of affairs of the market environment is available, spanning the modern-day and future status of the market. The scope and chance of being profitable, in addition to the producer profile, production details, and intake tendencies, have all been thoroughly researched within the forecast period. They have a look at presents facts on rising traits and market dynamics…
Active Packaging Market Development 2018-2023 With Growth Strategies of Top Comp …
The terms active packaging, intelligent packaging, and smart packaging refer to packaging systems used with foods, pharmaceuticals, and several other types of products. They help extend shelf life, monitor freshness, display information on quality, improve safety, and improve convenience.
According to this study, over the next five years the Active Packaging market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by…
