Global Modified Atmospheric Packaging Market – Overview
The Modified Atmospheric Packaging market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of such packaging is influenced by increased demand from food & beverage industry and stringent government policies regarding food safety.
Food & Beverage industry has adopted Modified Atmospheric Packaging extensively across the world due to the some additional functionalities such as retention of textural, visual, and nutritional appeal, along with increased shelf life. There is seen an increased demand for Modified Atmospheric Packaging from the growing food & beverage industry, which has driven the market for global Modified Atmospheric Packaging. According to Institutional Repository of the Pan American Health Organization, global volume sales of processed food & beverages increased from 328,005 K Tons in 2010 to 471476 K Tons in 2013.
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The stringent regulation, makes innovation and quality paramount to the pharmaceutical industry. Legislative changes, new drugs and advances in technology have required appropriate changes in packaging. Such regulations ensure the companies increase sustainability and use environmentally friendly materials, while responding to the multiplying opportunities presented by globalisation, making packaging more crucial than ever. Furthermore the increasing investment by the companies in the technological advancement has further opened doors for the market growth.
There is seen an expanding role of government and other agencies to ensure food safety on a global platform. Government agencies are responsible for setting food safety standards, conducting inspections, ensuring that standards are met, and maintaining a strong enforcement program to deal with those who do not comply with standards. The Food Safety Modernization Act (FSMA), enables the Food and Drug Administration (FDA) to better protect public health by strengthening the food safety system. The government policies have become stringent in the emerging economies due to increased awareness about food safety. This acts as a driver for the growth of Modified Atmospheric Packaging market.
- Linde AG (Germany)
- CVP Systems Inc. (U.S.)
- Total Packaging Solutions LLC (U.S.)
- Berry Plastics Corporation (U.S.)
- Hayssen Flexible Systems (U.S.)
- Dansensor A/S (Demark)
- Praxair Inc. (U.S)
- Ilapak Packaging Machinery (Switzerland)
- Sealed Air Corporation (U.S.)
- Bemis Company Inc. (U.S)
These are some of the prominent players at the forefront of competition in the global Modified Atmospheric Packaging market and are profiled in MRFR Analysis.
Global Modified Atmospheric Packaging Market – Competitive Analysis
Modified Atmospheric Packaging industry has seen significant growth in last few years due to its application across industries, and supportive government policies on food safety. The companies such as Paksense Inc., American Thermal Instruments, Stora Enso, Huhtamaki and Smartrac N.V. have adopted the strategy of product development and partnership across the supply.
Such key strategies adopted by the major players in the global Modified Atmospheric Packaging market has been adopted to cater to the technological requirements of the Modified Atmospheric Packaging market for both active and intelligent packaging segment. The market is highly technology driven across all applications and thus demands regular product innovation and increased investment in R&D. Furthermore the partnerships with other players across the supply chain ensures the expanding client base as well as the market share for the companies.
Linde LLC introduces a fast and more reliable process to detect leaks in Modified Atmosphere Packaging (MAP). The high-speed, inline MAPAX LD leak-detection system will be introduced to the North American market. The patented MAPAX LD system is ideal for packaged meat, poultry, seafood and prepared foods packaged with tray sealers or thermoforming machines. It tests packages inline and can achieve 100 percent sampling at speeds up to 120 packages per minute.
The Middleby Corp. acquires CVP Systems. CVP Systems manufactures high‐speed packaging systems for the meat processing industry. The addition of CVP further deepens the capabilities of the company’s food processing group with a highly complementary technology to their product portfolio.
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Global Modified Atmospheric Packaging Market – Segments
Global Modified Atmospheric Packaging Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Material : Comprises – Polyvinyl Chloride (PVC), Ethylene Vinyl Alcohol, Polyethylene Terephthalate (PET), Polyproylene (PP) and Polyethylene (PE)
Segmentation By Gases : Comprises – Nitrogen, Oxygen, Carbon-Dioxide, and others
Segmentation By Application : Comprises – Dairy Products, Bakery & Confectionery, Convenience Food, Fruits & Vegetables, & Others
Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World
Global Modified Atmospheric Packaging Market – Regional Analysis
Global Modified Atmospheric Packaging market is projected to grow at a faster pace due to the increasing demand across food & beverage packaging industries. The MAP solution in these sector is demanded across the supply chain and is thus driving the market globally for such technology.
North America accounts for the largest share in the global Modified Atmospheric Packaging market. The region has witnessed increased investment in the R&D and product innovation as far as packaging is concerned. Furthermore, the stringent food safety policies in the countries of the U.S. and Canada drives the demand of Modified Atmospheric Packaging in the food & beverage sector.
APAC is expected to experience the fastest growth during the forecasted period due to the economic growth of China and India. The region offers flourishing market for such technological advanced packaging solutions. The FDI in retail has further widened the scope of Modified Atmospheric Packaging and attracts the foreign players to enter the market with new packaging solutions. This is backed by the increasing demand of packaged food and beverages in countries of Asia Pacific.
Table Of Contents :
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/value Chain Analysis
3.4 Porter’s Five Forces Analysis
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