Global MAP Market
Global Modified Atmosphere Packaging (MAP) Market Size Expands at CAGR of 7.54% to Surpass USD 26.7 Billion by 2030
Published | 16 January 2024
Global Modified Atmosphere Packaging (MAP) Market is propelled by an increasing demand for extended shelf life for food products and a growing focus on reducing food waste, improving product quality, and enhancing preservation of freshness food and beverages.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Modified Atmosphere Packaging (MAP) Market size at USD 16.07 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Global Modified Atmosphere Packaging (MAP) Market size to grow at a CAGR of 7.54% reaching a value of USD 26.73 billion by 2030. The Global Modified Atmosphere Packaging (MAP) Market is propelled by increasing consumer demand for extended shelf life and freshness of packaged food products. Growing awareness about reducing food waste, advancements in packaging technologies, and stringent regulations promoting food safety contribute to market growth. Additionally, the expanding food and beverages industry, particularly in emerging economies, boosts the adoption of MAP solutions. The focus on sustainable packaging and the rising popularity of convenience foods further drive the market.
Opportunity – Growing demand for MAP in developing countries
As emerging economies witness rapid industrialization and urbanization, there is an increasing need for extended shelf life and enhanced food preservation techniques. MAP meets the demand by maintaining optimal gas composition within packages, thereby reducing spoilage and extending the freshness of perishable goods. The trend is expected to propel the expansion of MAP Market, particularly in developing regions, fostering a more sustainable and efficient food supply chain.
Impact of Escalating Geopolitical Tensions on Global Modified Atmosphere Packaging (MAP) Market
Escalating geopolitical tensions, exemplified by the Russia-Ukraine war, have significantly impacted the Global Modified Atmosphere Packaging (MAP) Market. The conflict has disrupted supply chains, leading to increased costs for packaging materials and transportation. Therefore, MAP manufacturers are grappling with heightened operational challenges and uncertainty, affecting production timelines and product availability. Geopolitical instability has also triggered fluctuations in currency exchange rates, further impacting market dynamics. Businesses in the MAP sector face heightened risks and complexities, with geopolitical events influencing consumer confidence and investment decisions. Navigating these challenges requires adaptability and strategic planning to mitigate the impact of ongoing geopolitical tensions on the Global MAP Market.
Global Modified Atmosphere Packaging (MAP) Market
Global Modified Atmosphere Packaging (MAP) Market – By Packaging Material
Based on packaging material, Global Modified Atmosphere Packaging (MAP) Market is divided into Polyvinylchloride, Polyethylene, Polypropylene, and Ethylene Vinyl Alcohol segments. The polyethylene segment stands out as the largest segment, reflecting its widespread use in packaging applications. Polyethylene's versatility, durability, and cost-effectiveness contribute to its dominant position in the MAP market, catering to various industries seeking efficient modified atmosphere packaging solutions for extending the shelf life of perishable goods.
Global Modified Atmosphere Packaging (MAP) Market – By End Use
By end-use, Global Modified Atmosphere Packaging (MAP) Market is divided into Fruits & Vegetables, Bakery & Confectionary, Dairy Products, Seafood & Meat, and Products segments. The fruits & vegetables segment is the largest contributor to the growth of Global Modified Atmosphere Packaging (MAP) Market. The increasing demand for extended shelf life and preservation of freshness in perishable items drives the adoption of MAP in the fruits & vegetables sector. The segment's growth is attributed to the technology's effectiveness in maintaining product quality, reducing spoilage, and meeting consumer preferences for fresh produce. The market's growth trajectory is further shaped by innovations in packaging solutions tailored to the unique requirements of fruits and vegetables.
Global Modified Atmosphere Packaging (MAP) Market is fiercely competitive. Major companies in the market include Amcor PLC, Berry Global Inc., CV-TEK, Cima-Pak, Ilapak International S.A., Linde AG, Multisorb Technologies Inc., Praxair Inc., Sealed Air Corporation, and Dajiang Machinery Equipment Co., Ltd. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Global Modified Atmosphere Packaging (MAP) Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Modified Atmosphere Packaging (MAP) Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in Global Modified Atmosphere Packaging (MAP) Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BlueWeave has built its reputation by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.
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- Modified Atmosphere Packaging (MAP) Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2030, Segmented By Packaging Gas (Oxygen, Nitrogen, Carbon Dioxide); By Packaging Material (Polyvinylchloride, Polyethylene, Polypropylene, Ethylene Vinyl Alcohol); By End Use (Fruits & Vegetables, Bakery & Confectionary, Dairy Products, Seafood & Meat, Products, Others); By Region (North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA))
Publish Date: January 2024
An increasing demand for extended shelf life, improved food safety, and reduced food waste in the supply chain are key driving factors for the growth of the Global Modified Atmosphere Packaging (MAP) Market during the forecast period between 2024 and 2030.
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