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

Active And Modified Atmosphere Packaging MarketSize and Trends

Global active and modified atmosphere packaging market was valued at 23.0 Billion in 2022, exhibiting a CAGR of 6.23% in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 37.3 Billion by 2030.

Global Active and Modified Atmosphere Packaging Market- Trends

Investment by Manufacturer in new packaging solutions to Reduce Usage of Plastic

Manufacturers are developing novel packaging solutions in order to reduce plastic consumption, and this trend is expected to drive the market growth over the forecast period. For instance, in April 2018, RAP fusion food private limited, a manufacturer of food-to-go packaging, launched the world’s first Modified Atmosphere (MA) RapTray that provides an alternative to full plastic trays and reduces plastic usage by 85%. It is the world’s first hermetically sealed carton food tray that removes virtually all oxygen from inside the tray, and extends product shelf life and maintains food freshness.

Increasing Number of Partnerships Among Manufacturers of the Active and Modified Atmosphere Packaging

Increasing number of partnerships among manufacturers of the active and modified atmosphere packaging is expected to drive the market growth. For instance, in August 2018, StePac, an Israel-based packaging firm, partnered with Tadbik to produce a modified atmosphere re-sealable lidding film, in order to extend the shelf life of fresh produce in aesthetic and functional retail packaging, as well as to reduce waste. This collaboration is part of the company’s aim to implement a comprehensive supply chain solution for the delivery of fresh cherries.