DUBLIN--(BUSINESS WIRE)--The "Global
Modified Atmosphere Packaging Market - Segmented by Type of Packaging
Gas, End-user Application, and Region - Growth, Trends, and Forecast
(2018 - 2023)" report has been added to ResearchAndMarkets.com's
The global modified atmosphere packaging market was valued at USD 11.18 billion in 2017 and is forecasted to reach USD 13.23 billion by the end of 2023 with a CAGR of 4.33% during the forecast period, 2018-2023.
Transforming lifestyles of the global population has resulted in changes in consumer preferences. Food packaging industry has grown drastically in the last decade. Globally, consumers have realized the advantages of food packaging and are increasingly adopting these products. Customers look for products that have long shelf lives so that food remains fresh for consumption.
The processed food & vegetable market in Asia-Pacific was estimated to be USD 137,507 million in 2017 and is expected to reach USD 193,308 million in 2021, growing at a CAGR of 8.9%.Canned fruits & vegetables are the primary drivers of this segment, owing to their high demand in the market. If packed usually, these products may last only a few days, as chopped fruits and vegetables turn brown. Modified atmosphere packaging can have a dramatic effect on the browning of cut fruits and vegetables, which is a result of oxidation reaction brought by the release of enzymes.
- Air Products and Chemicals Inc.
- Coveris Holdings S.A.
- Praxair Inc.
- Sealed Air Corporation
- Bemis Company Inc.
- Berry Plastics Corporation
- LINPAC Packaging Limited
- Multisorb Technologies Inc.
- Robert Reiser & Co. Inc.
Key Topics Covered:
2. Research Approach And Methodology
3. Market Insights
4. Market Dynamics
5. Technology Snapshot
6. Global Modified Atmosphere Packaging Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future Outlook of Modified Atmosphere Packaging Market
For more information about this report visit https://www.researchandmarkets.com/research/87qswd/global_modified?w=4