The report identified that the Global Modified Atmospheric Packaging Market is driven by factors such as, rapidly rising demand for packaged food such as bread, fruits and vegetable, processed meat, fish, seafood and dairy products. On the other hand, the restraining factors identified in the study include mechanical damage during transportation. The report on Global Modified Atmospheric Packaging Market provides qualitative and quantitative analysis for the period of 2015 to 2023. According to the report the Global Modified Atmospheric Packaging Market is projected to reach USD XX billion by 2023, growing with a CAGR of 4.2 % to 4.7 % from 2017 to 2023. The Global Modified Atmospheric Packaging Market was worth USD 10.26 billion in 2015. Market Insights The report identified that the Global Modified Atmospheric Packaging Market is driven by factors such as, rapidly rising demand for packaged food such as bread, fruits and vegetable, processed meat, fish, seafood and dairy products. On the other hand, the restraining factors identified in the study include mechanical damage during transportation and high capital expenditure required for the machinery and material used in modified atmospheric packaging. Increasing consumer awareness about healthy food products and improvements in lifestyle are likely to stimulate market growth and provide opportunity for major players in the emerging and developing economies. Controlling the cost and maintaining the machinery for production are some of the challenges for the major players to expand further during the forecast period. Segments Covered: The report segments the global modified atmospheric packaging market by application, by material, by machinery, by atmosphere and by region. Market segmentation based on application includes dairy products, bakery & confectionary, poultry, seafood & meat products; convenience food, fruits & vegetables and others. On the basis of material market is segmented into ethylene vinyl alcohol, poly ethylene, oriented polyethylene terephthalate, polyamide and others. Similarly, on the basis of machinery market segmented into tray-sealer machine, horizontal & vertical flow packaging machine, deep-drawing machine, vacuum chamber machine, bag-sealing machine, bag-in-box and others. On the basis of atmosphere market further segmented into nitrogen, oxygen, carbon-dioxide and others. Geographic Coverage and Analysis: The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023.North America is the key consumer of Modified Atmospheric Packaging in the global market. As of 2015, this region accounted for about 31% share in the global market. The dominance of North America is projected to continue over the forecast period due to rising awareness about food safety and implementation of food safety modernization act by the government in this region. Following North America, Asia pacific considered as prominent market for modified atmospheric packaging and anticipated to grow at fastest CAGR of XX % over the forecast period. Moreover, rising income level, changing lifestyle and growing demand for convenience and ready-to-eat foods in the emerging economies such as India and China are likely to drive the market growth at rapid pace across the region. Companies Profiled: The companies covered in the report 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, ULMA Packaging, Coop.
Table of contents
1. Preface 1.1 Report Description 1.2 Research Methods 1.3 Research Approaches 2. Executive Summary 3. Global Modified Atmospheric Packaging Market Overview
