Active and Modified Atmospheric Packaging Market Predicted to Reach US$ 47.1 Billion by 2034, Growing at 5.8% CAGR

According to estimates, the global active and modified atmospheric packaging market will be valued US$ 26.8 billion in 2024 and grow at a compound annual growth rate of 5.8% to reach US$ 47.1 billion by the end of 2034. The use of active and modified atmospheric packaging, or AMAP, is revolutionizing the preservation and transportation of perishable commodities.

Active packaging, in contrast to traditional packaging methods, uses materials such as moisture absorbers, oxygen absorbers, and antibacterial compounds to interact dynamically with the air inside the box. This method improves product integrity, preserves taste, and lessens spoiling. In the food and beverage business, active packaging is used for a variety of purposes, such as extending the freshness of baked goods and preventing meat and fish from oxidizing.

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In this day and age, when quality and freshness are crucial, the food business is always looking for creative ways to package food to prolong its shelf life. AMAP, or active and modified atmospheric packaging, has become a ground-breaking technology that provides a special method for maintaining food freshness and improving product safety. This article explores the ever-changing market for active and modified atmospheric packaging, highlighting major trends, development, and adoption drivers.

Competitive Landscape:

Important participants in the modified atmospheric and active packaging market are working to expand their global footprint. It is difficult for AMAP producers to hold onto their place in the industry because of the constant developments and technical breakthroughs that are bringing in a lot of new competitors. This difficulty is further compounded by the advent of additional packaging product types.

• Amcor won two accolades in July 2022 in recognition of its contributions to the environmentally friendly packaging industry. In 2022, Amcor was named a 2022 Sustainability Leader in the Australian Financial Review's (AFR) annual list. The company also received a silver award from the Australasian Packaging Innovation and Design Awards (PIDA).

• Berry Global Group, Inc. invested US$70 million in February 2021 to expand the capacity of its wiping substrate in the US. This investment includes a new line that boosts capacity, improves the company's ability to serve its global clientele, and helps with its further commercial expansion.

The Development of Atmospheric Packaging, Both Active and Modified:

A major development in food packaging technology, Active and Modified Atmospheric Packaging is changing the way perishable commodities are transported, stored, and consumed. In contrast to conventional packaging techniques, which only use physical barriers to safeguard food, AMAP uses active ingredients like moisture absorbers, carbon dioxide emitters, and oxygen scavengers to produce the ideal atmosphere inside the box. AMAP maintains freshness, extends shelf life, and lowers the danger of spoiling by altering the atmospheric conditions surrounding the product. This guarantees that consumers obtain high-quality goods with longer expiration dates.

Key Companies Profiled:

• Berry Plastic Inc.
• Praxair Inc.
• Coveris Holdings S.A
• Linde AG
• Orics Industries Inc.
• ULMA Packaging, S. Coop
• Air Products & Chemicals Inc.
• Amcor Limited
• Barry-Wehmiller Companies
• Winpak Limited Company
• Linpac Packaging Limited
• The Middleby Corporation
• Sealed Air Corporation
• Ilapak Industries, S.A.

Growth catalysts and market dynamics:

The market for active and modified atmospheric packaging is expanding quickly due to a number of variables. The adoption of AMAP solutions by food manufacturers, merchants, and consumers alike has been driven by the growing need for fresh produce, convenience foods, and ready-to-eat meals. The global food supply chain has also grown more intricate and linked, with goods now traveling farther and being exposed to more environmental elements while in transit. These issues are addressed by AMAP technology, which offers a dependable and affordable way to increase product shelf life and decrease food waste.

Important Market Trends:

The market for active and modified atmospheric packaging is changing due to several dynamics. Customizing AMAP systems to fit the unique needs of various food products and supply chain environments is one noteworthy development. Fresh fruit, seafood, bakery goods, and dairy products are just a few of the products for which AMAP technology provides customized packaging options that maximize freshness and quality. Furthermore, real-time product condition monitoring throughout the supply chain is made possible by the integration of smart packaging elements like RFID tags, humidity indicators, and temperature sensors. This ensures that safety and quality standards are being met.

Opportunities and Difficulties in the Market:

The market for active and modified atmospheric packaging has many advantages, but it also has drawbacks, including issues with customer acceptance of novel packaging technologies, cost concerns, and regulatory compliance. But these difficulties also offer chances for uniqueness in the market and creativity. Stakeholders in the AMAP ecosystem can overcome challenges and seize new opportunities by working with regulatory bodies to create uniform guidelines for AMAP applications, funding R&D to improve packaging materials and procedures, and informing consumers about the advantages of AMAP technology in preserving freshness and lowering food waste.

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Prospects for the Future:

The market for active and modified atmospheric packaging seems to have a bright future. The need for creative packaging solutions like AMAP is anticipated to grow as the pressure on the global food sector to improve sustainability, minimize waste, and guarantee food safety mounts. AMAP technology has the potential to be a key player in advancing sustainable practices and bolstering a more robust and effective food supply chain as customers grow more aware of the environmental and social effects of the products they buy.

Segmentation of Active and Modified Atmospheric Packaging Market Research:

• By Material :
o Polyethylene
o Polyvinyl Chloride
o Polypropylene
o Polyamide
o Polyethylene Terephthalate
o Ethylene Vinyl Alcohol
o Ethylene Vinyl Acetate
• By Application :
o Meat
o Poultry & Seafood
o Dairy Products
o Fruits & Vegetables
o Bakery & Confectionary
o Processed Food Products
• By Region :
o North America
o Europe
o Latin America
o East Asia
o South Asia & Oceania
o Middle East & Africa

In summary, within the larger packaging business, the Active and Modified Atmospheric Packaging Market is a vibrant and cutting-edge sector. AMAP technology is changing the way perishable items are packaged and distributed to consumers by extending shelf life, preserving freshness, and minimizing food waste. Packaging sector stakeholders may drive innovation, promote sustainability, and create value across the whole food supply chain by embracing market trends, tackling issues, and utilizing the inherent benefits of AMAP technology.

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This release was published on openPR.