Global Modified Atmospheric Packaging Market to Observe Strong Development by 2023

Our latest research report entitled Modified Atmospheric Packaging Market (by application (dairy products, poultry, seafood & meat products, convenience food, fruits & vegetables) materials (ethylene vinyl alcohol, poly ethylene, polyamide) machinery (tray-sealer machine, vacuum chamber machine, bag-in-box), atmosphere (nitrogen, oxygen, carbon-dioxide)) provides complete and deep insights into the market dynamics and growth of Modified Atmospheric Packaging. Latest information on market risks, industry chain structure Modified Atmospheric Packaging cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Modified Atmospheric Packaging growth factors.

The forecast Modified Atmospheric Packaging Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Modified Atmospheric Packaging on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global modified atmospheric packaging market is projected to reach USD 14.72 billion by 2023, growing with a CAGR of 4.7% from 2017 to 2023. The global modified atmospheric packaging market was worth USD 10.26 billion in 2015, it reached to USD 10.68 billion growing at an 4.1% over 2015 and 2016.

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The growth in the global market is driven by factors growing demand for increased shelf life of the food and beverage products, increasing demand for hygienic packaging in food and beverages industry and innovative packaging solutions in the world market. However, maintaining atmospheric equilibrium and environmental concerns with plastics are among the restraining factors affecting the growth in this market.

Among the geographies North America region is projected to remain as the largest market for modified atmospheric packaging with X.X% global share in 2016. The U.S. is the largest consumer and producer of modified atmospheric packaging in North America. Rapid growth for packaged food and beverages in Asia-Pacific region is expected to boost the market size of modified atmospheric packaging in the region. China and India are projected to escalate the market size of Asia-Pacific region over the forecast period.

Market Segmentation by application, by material, by machinery, by atmosphere and by region

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.

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Competitive Landscape

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.

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