Modified Atmosphere Packaging Of Meat Market Synopsis
In the near future, the global Modified Atmosphere Packaging Of Meat Market, according to the report offered by Market Research Future (MRFR), is expected to witness a remarkable growth pace. The market is presumed to expand at 5.3% CAGR over the assessment period 2019 to 2023.
Modified atmospheric packaging is a new innovation in the packaging industry that elongates the shelf life of perishable goods. The food & beverage industry extensively uses the solution for preserving the quality of the products.
The rising demand for convenience food is one of the major influencers of the growth of the global Modified Atmosphere Packaging Of Meat Market. In addition, the increasing consumption of dairy products and confectionary items are anticipated to provide a major boost to the expansion of the modified atmospheric packaging in the foreseeable future. Rapid urbanization has influenced the changes in the buying pattern in the food & beverage industry. These changes have impacted the modified atmospheric packaging (MAP) market positively. This trend is assessed to continue in the near future.
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Linde AG (Germany)
Total Packaging Solutions, LLC (U.S.)
CVP Systems Inc. (U.S.)
Berry Plastics Corporation (U.S.)
Winpak Ltd. (Canada)
Dansensor A/S (Demark)
Hayssen Flexible Systems (U.S.)
Praxair Inc. (U.S)
Sealed Air Corporation (U.S.)
Ilapak Packaging Machinery (Switzerland)
Bemis Company Inc. (U.S)
Linpac Packaging Limited (U.K.)
Coveris Holdings S.A. (Luxembourg)
Amcor Limited (Australia)
Robert Reiser & Co., Inc. (U.S)
are some of the major players of the global Modified Atmosphere Packaging Of Meat Market. These players are enhancing their product lines to capture more market share in the coming years. It ensures that a robust competition will be existing in the market during the forecast period.
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Modified Atmospheric Packaging (MAP) Market Segmentation
The segmental analysis of the Modified Atmosphere Packaging (MAP) Of Meat Market, based on material, covers – Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polypropylene (PP), Ethylene Vinyl Alcohol, and Polyethylene (PE). Among these, the ethylene vinyl alcohol segment is expected to hold the most significant share of the global market. The product offers excellent gas barrier properties which is anticipated to influence the expansion of the segment positively.
Based on gases, the segmentation of the Modified Atmosphere Packaging Of Meat Market includes nitrogen, oxygen, carbon dioxide, and others. The carbon dioxide segment resonates strong growth potential. Higher degrees of carbon dioxide assure a longer lifespan for perishable goods. This, in turn, is poised to boost the growth rate of the segment in the coming years.
The application-based segments of the Modified Atmosphere Packaging (MAP) Of Meat Market are dairy products, convenience food, fruits & vegetables, bakery & confectionery, and others. Among these, the bakery & confectionery segment is prognosticated to exhibit a high growth rate over the assessment period. The expansion of the segment is driven by the rising use of carbon dioxide for elongating the life span of the bread-based products.
The geographical assessment of the global Modified Atmosphere Packaging Of Meat Market has been covered in the report for the following regions – Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW). The regional segments are then assessed on the basis of key country-level markets. North America is leading the market place. The factor driving the growth of the regional market is the high rate of consumption of convenience food. The changing dynamics of the food & beverage industry in the region has boosted demand generation for modified atmospheric packaging. It is projected to continue generating profits for the regional market players in the years to come.
Europe is placed in the second spot and Asia Pacific is expected to register the highest CAGR over the forecast period. Increasing population and rapid urbanization are the major drivers of the Modified Atmosphere Packaging Of Meat Market in APAC.
Table Of Content
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
4 Global Modified Atmospheric Packaging of Meat Industry, By Materials
4.1 Polyvinyl Chloride (PVC)
4.2 Polyethylene Terephthalate (PET)
4.3 Polyproylene (PP)
4.4 Polyethylene (PE)
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LIST OF TABLES
Table 1 Global Market, By Materials
Table 2 Global Market, By Gases
Table 3 Global Market, By Application
Table 4 Global Market, By Regions
Table 5 North America Modified Atmospheric Packaging Market, By Country
Table 6 North America MAP Market, By Materials
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