Active and Modified Atmosphere Packaging Market, By Application (Meat, Poultry& Seafood, Dairy Products, Fruits & Vegetables, Bakery and Confectionery, Processed Food Products, Others), By Material Type (Polyethylene, Polyvinyl Chloride, Polypropylene, Polyamide, Polyethylene Terephthalate, Ethylene Vinyl Alcohol (EVOH), Ethylene Vinyl Acetate (EVA), Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Apr 2023

Code : CMI3282

Pages :120

Formats :

Excel and PDF

Industry : Packaging

Market Challenges And Opportunities

Global Active and Modified Atmosphere Packaging Market - Restraints

Concerns Associated with the Physical Protection of the Thin Films

Concerns associated with the physical protection of the thin films is expected to hinder the market growth. The thin films of flexible packaging that are used in active and modified atmosphere packaging does not offer much physical protection as rigid packaging. Moreover, flexible packaging bags designed for liquid products can get easily punctured, and thus, requires handling with care over the production process. Hence, concern associated with the stability and handling of the packaging is expected to hamper the market growth over the forecast period. Moreover, the rising demand for active and modified atmospheric packaging is expected to witness significant market growth in the upcoming forecast period.

Modified Atmosphere Packaging Limits the Growth of the Bacteria in the Food Product

The modified atmosphere packaging limits the growth of the bacteria in the food product, as it does not slow down the growth of some harmful bacteria. In order to tackle this situation, modified atmosphere packaging is used along with the other preservative method such as refrigeration, and this expected to hamper the market growth. Moreover, the rising demand for active and modified atmospheric packaging in food industry is expected to witness significant oppournities among active and modified atmospheric packaging market global key players.

Global Active and Modified Atmosphere Packaging Market- Segmentation

By Material Type segment, the global active and modified atmosphere packaging market is segmented into ethylene vinyl alchol, ethylene vinyl acetate, polyethylene terapthalate, polyamide, polypropylene, polyvinyl chloride, polyethylene, and others. The polyethylene segment held the largest market share in 2022, and is further projected to exhibit the highest CAGR during the forecast period, owing to rising demand for stringent environment regulations and sustainable packaging solutions.

Global Active and Modified Atmosphere Packaging Market- Opportunities

Growing Food and Beverage Industry Coupled with Rising Number of the Consumers

Growing food and beverage industry coupled with rising number of the consumers is expected to drive the market growth. According to GlobalData Quick Service, Restaurant & Fast Food category is expected to witness an average annual growth in sales during 2017-2020, at 5.9%. Moreover, according to the same sources the U.S. was the largest food and beverage market in the Americas as well as globally, with consumer spending on eating out US$ 729 billion (PPP) in 2016.

Increasing Spending by the Government on the Food Sector

Increasing spending by the government on the food sector in the U.S region is expected to drive the market growth over the forecast period. According to the Additionally, according to the Food and Agriculture Organization of the United Nations (FAO), nearly one-third of all food produced for human consumption is wasted globally each year, amounting to about 1.3 billion metric tons. Since 795 million people, or about 11% of the world's population, go hungry, there is already a lot of pressure on the world's food supply, making it urgent to reduce food waste.