The global active and modified atmospheric packaging (AMAP) market is forecasted to reach a value of US$ 27.5 billion in 2024, with a projected Compound Annual Growth Rate (CAGR) of 5.00% in revenue from 2024 to 2034, ultimately reaching US$ 44.7 billion by 2034. The market’s growth is driven by the rising demand for simple and convenient packaging solutions, particularly for products with elevated respiration, ethylene production, rapid water loss, and bacterial sensitivity.
Market Analysis:
Extended shopping visits by consumers have led to increased demand for food products, thereby necessitating manufacturers to extend product shelf life, driving the demand for active and modified atmospheric packaging. Additionally, the preference for fresh, high-quality packaged foods, coupled with on-the-go lifestyles, has propelled the development of the AMAP industry.
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Key Drivers:
The demand for AMAP technology spans across various sectors including processed food, dairy, poultry, seafood, fruits, and vegetables. The processed food industry, alongside the growing food and beverage sector, is a significant contributor to market growth, with AMAP being a preferred solution for food packaging due to its ability to extend shelf life and maintain product freshness.
Industry Trends:
The ready-to-eat food industry, particularly favored in emerging economies and accentuated by the pandemic-induced shift towards convenience, has led to a surge in demand for active and modified atmospheric packaging. Similarly, the emergent demand for processed food, driven by changing consumer preferences and the growing vegan population, is fueling the need for AMAP solutions.
Opportunities and Challenges:
The eCommerce industry, propelled by evolving consumer preferences and regulatory measures, presents opportunities for market growth in the AMAP sector. Modified atmosphere packaging is gaining traction in the eCommerce space, particularly for meals and snack bars, with subscription boxes and grocery pickups driving market development.
Key Companies in the Market
- Sealed Air Corporation
- Amcor plc
- Berry Global Group, Inc.
- LINPAC Packaging
- Coveris Holdings S.A.
- Winpak Ltd.
- Sonoco Products Company
- DuPont de Nemours, Inc.
- Multisorb Technologies, Inc.
- Pactiv LLC
- Mitsubishi Gas Chemical Company, Inc.
- Klöckner Pentaplast Group
- ILIP Srl
- CVP Systems, Inc.
- Berry Plastics Corporation
- Hayward Industries, Inc.
- Dansensor A/S
- Orbital Foods
- Graphic Packaging Holding Company
- Bemis Company, Inc.
Key Coverage in the Active and Modified Atmospheric Packaging Market Report
- Sales Analysis of Active and Modified Atmospheric Packaging in the United States
- Comparative Analysis Between Passive Modified Atmosphere and Active Modified Atmosphere Packaging
- Emerging Trends in Modified Atmosphere Packaging of Ready-to-eat Foods
- Growth Overview of Demand for Vacuumed Packaging in the United States
- Development of the Fresh Meat Packaging Market in the United States
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Key Segments
By Material:
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
By End Use:
- Meat, Poultry and Seafood
- Pharmaceuticals
- Beverage Industries
- Cosmetic and Personal Care
- Electronic Industry
By Packaging Format:
- Containers
- Sachets and Pouches
- Wraps
- Trays
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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