Modified Atmosphere Packaging (MAP) Equipment Forecast and CAGR
Fact.MR conducted a thorough analysis of the global Modified Atmosphere Packaging (MAP) Equipment market with the assistance of specified team in packaging domain. It is been stated that the global Modified Atmosphere Packaging (MAP) Equipment market is presumed to witness a flourish growth rate of nearly 6.5% CAGR over the assessment period (2021-2031).
Modified Atmosphere Packaging (MAP) Equipment market has been evolved over the decades and find prominence across the vertical like, the entire packaging market of Food & Beverages sectors, which includes Bakery & Confectionary, Fruits & Vegetables, Poultry, Seafood & Raw Meat processing industries, Dairy Products, Convenience Food products and other includes Pharmaceutical & cosmetics processing industries which leads to the growth trajectory over a long span.
What is driving demand for Modified Atmosphere Packaging (MAP) Equipment?
Global drives for healthier diet, change the people’s lifestyle & the advancements of retail marketing. On the other hand, the demand for fresh, healthy & convenience food products impetus demand for Modified Atmosphere Packaging Equipment Industry.
Fruits & vegetables are associated with high nutritional quality & free from synthetic additives which are used to preserve & enhance the flavor & processed color etc.
In Raw meat & seafood processing industries, a lower level of Oxygen Pressure & Vacuum packaging is needed to sustain the oxidised stability of the meat products such as precooked chill-stored, refrigerator stores etc. Key modified atmospheres in this market like Nitrogen & Oxygen is also very effective to use in each & every process industry.
People are more concerned about food safety measures, therefore the purpose of applying Modified Atmosphere Packaging is to maintain the desired atmosphere within a specific temperature range. Modified Atmosphere Packaging Equipment has been developing in a way which helps to incorporate low levels of Carbon Monoxide (CO) (0.4-1%) together with Nitrogen & Oxygen.
Companies present in this market are focused on strengthening their foothold through strategic alliances & investment in product innovation and R&D.
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The analysis of “Modified Atmosphere Packaging Equipment Market” highlights six prominent regions including North America, Latin America, Europe, East-Asia, South-Asia and Middle East & Africa to represent the global market scenario.
The preliminary reasons driving behind the rapid growth in the US market because of the continuous rising demand for fresh & quality packaging food, hygienic packaging of food, that manufacturers demand to extend shelf life & day-day lifestyle.
Europe & Asia Pacific have also witnessed a drastic change in the “Modified Atmosphere Packaging Equipment Market”. The advancement of food packaging technology equipment towards providing quality & Hygiene, easy to use & convenient packaging is also the factors that lead the growth in this areas.
In Global Seafood, Poultry & Meat processing industries demanding countries like US, Europe, UK, Canada, China, and Japan will lead growth of nearly 4.3% CAGR based on the assessment period.
Though the market in Asia Pacific is segmented into two key regions including East Asia and South Asia & Oceania in order to sharply analyze demand trends and customer preferences. China will remain among the fastest-growing cluster in this regional market. Led by the countries like Australia, India, South Korea in the region of Asia-specific market will reach a growth of approximately US$19.5 Billion.
Who are the Key players of Modified Atmosphere Packaging Equipment Market?
- Pro PAC
- Edinburg Instrument Limited
- LINDE AG
- Dansensor AS
- Berry Global Group Inc.
- Linpac Packaging Limited
- Hayssen Flexible System
- Mutisorb & Curdwood
- Krones Group
- Barry-Webmiller Companies
- Coesia Group
- Syntegon(Bosch Packaging Technology)
- Marchesini Group
- Marchesini Group
- Adelphi Group of Companies
- Fuji Machinery
are some of the prominent player operating at global scale and accounting for a notable chunk of market share.
Key player in market are having collaboration and acquisitions with regional players in the view to diversify their business.
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Healthcare Packaging EXPO and PACK EXPO Las Vegas is set to be organized on Sept 27-29, 2021 at Las Vegas Convention Centre. The prime aim of this program is to reunite the packaging equipment manufacturing and processing community. Across the world, there were 1400 exhibitors are presenting. This event in 2021 will leads the path to growth in this sector.
Berry Global Group has invested over US$ 70 million in its regional wet wipes subtract production fields. The investment has set a new benchmark in gathering additional capacity to serve its global customers.
Ametek Mocon had launch Dan sensor 3 EC Headspace Gas Analyser in Jan 2021. The main feature of this equipment is to measure & maintain the O2 or O2/CO2 level in the Modified Atmosphere Packaging system. This upgrade comes with a drastic change in this market.
Modified Atmosphere Packaging Equipment Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
An Adaptive Approach to Modern-day Research Needs
The “Modified Atmosphere Packaging Equipment” market is classified into three segments: By Type, By Usage Material, By Atmosphere, By End-user and Region.
- Tray Packaging Equipment
- Horizontal and Vertical Fill & Seal Equipment
- Fin Seal Flow Wrap Equipment
- Band Sealing Equipment
- Vacuum Chamber
- Bag Sealing
By Usage Material
- Ethylene Vinyl Alcohol
- Poly Ethylene
- Oriented Polyethylene- Terephthalate
- Bakery & Confectionary
- Poultry, Sea-food & Meat processing industry
- Fruits & Vegetables
- Dairy Products
- Convenience food
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.
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