Modified Atmosphere Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023
"The Report Modified
Atmosphere Packaging Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2023 provides information on
pricing, market analysis, shares, forecast, and company profiles for
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About Modified Atmosphere Packaging Market
Modified atmosphere packaging is a
technology that extends the storage time of packaged food. The
technology helps maintain freshness, nutrition value, color, and
appearance of packaged food for a longer period. Modified atmosphere
packaging alters the gaseous composition of the air present in a food
package. This inhibits the growth of microorganism as well as keeps
the color of the food unchanged. Materials with specified level of
gas and water vapor permeability are used for modified atmosphere
packaging. Usage of modified atmosphere in packaging is beneficial
for the food industry. Along with prolonged shelf-life, it improves
the visibility and presentation of the packaged food product.
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Modified atmosphere packaging
ensures maintenance of an optimal balance of gaseous components such
as oxygen, nitrogen, and carbon dioxide in the package. Higher
concentration of oxygen in a food package promotes the growth of
aerobic microorganisms. This leads to oxidative deterioration of
food. Therefore, the oxygen level is lowered in modified atmosphere
packaging. Ratio of nitrogen and carbon dioxide is increased in
modified atmosphere packaging to reduce the pH level, which exhibits
bacteriostatic and fungistatic activities in preserved food. Nitrogen
and carbon dioxide also helps retain the color of meat by preventing
the oxidation of red and pink pigments present in meat. Myoglobin is
the protein present in tissues of meat. It is responsible for the
color of meat. Different composition of gaseous constituents,
materials, and technologies are used in modified atmosphere packaging
depending on the type of fresh and processed food (such as fresh
fruits, vegetables, poultry and meat products, and dairy products).
Demand for packaged food has
increased significantly in the last few years due to higher consumer
awareness about healthy food products and improvement in lifestyle.
Subsequently, the modified atmosphere packaging market experienced
rapid growth in developed countries in the recent past. North America
dominated the global modified atmosphere packaging market in 2014.
The region is anticipated to account for large market share in the
next few years. Europe and Asia Pacific also held significant market
share 2014. This trend is estimated to continue in these regions in
the near future. Asia Pacific is likely to be emerging market in the
near future owing to rapid urbanization and increased per capita
income in the region. The modified atmosphere packaging market in the
developing countries of Asia Pacific is projected to expand at the
fastest rate during the forecast period. The modified atmosphere
packaging market in Latin America and Middle East & Africa us
also likely to expand at a significant rate in the near future.
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The modified atmosphere packaging
market is largely driven by rising demand for packaged food products
such as bread, fruits and vegetables, processed meat, fish, seafood,
and dairy products. Furthermore, modified atmosphere packaging is
highly favored by food retailers, as the technology lowers the cost
of production and storage. The technology also helps eliminate the
need for chemical preservatives. Increasing awareness of consumers
propels the demand for food that is packaged with the modified
atmosphere technology. However, capital expenditure required for the
machinery and materials used in modified atmosphere packaging is
high. This can hamper market growth during the forecast period.
Some of the key players operating
in the modified atmosphere packaging market include Air Products and
Chemicals, Inc., Amcor Limited, Bemis Company, Inc., Berry Plastics
Corporation, CVP Systems, Inc., Dansensor A/S, Gulf Cryo, Multisorb
Technologies, Praxair Technology, Inc., Sealed Air Corporation, The
Linde Group, Total Packaging Solutions, and ULMA Packaging, S.Coop.
This research report analyzes this
market on the basis of its market segments, major geographies, and
current market trends. Geographies analyzed under this research
report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides comprehensive
analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for
upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It
includes analysis of recent developments in technology, Porter’s
five force model analysis and detailed profiles of top industry
players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with
detailed value chain analysis.
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It provides a forward looking
perspective on different factors driving or restraining market growth
It provides a six-year
forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the
key product segments and their future
It provides pin point analysis
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Note: Although care has been taken
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market/vendor-specific changes may take time to reflect in the
analysis.
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