2016 Active and modified atmospheric packaging market sizeembed
active and modified atmosphere packaging market in meat, poultry & seafood is projected to register 1.5X growth in revenue between 2016 and 2026 and is forecast to dominate the market throughout the forecast period.
Active and Modified Atmospheric Packaging Market 2016 - 2024 R e s e a r c h About Us Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multidisciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. M a r k e t Our offerings include pre-built reports that address every major sale, customized solutions to cater to client-specific needs, and consulting services to offer more value addition. Our nextgeneration research approach for exploring emerging technologies has allowed us to solve the most complex problems of clients. 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Active and Modified Atmosphere Packaging Market, 2016 - 2024 Page | 2 R e s e a r c h Revenue generated from Sales of Active and Modified Atmosphere Packaging is Forecast to Surpass US$ 26.0 Bn by 2024 According to the latest market report published by Persistence Market Research titled ‘Active M a r k e t and Modified Atmosphere Packaging Market: Global Industry Analysis and Forecast 2016-2024’, globally the revenue generated from sales of active and modified atmosphere packaging has been estimated to be valued over 17.0 Bn in 2016 end and is projected to increase at a CAGR of over 5% during the forecast period (2016-2024). Using active and modified atmosphere packaging for fresh food packaging is relatively a new solution for food packaging, which elongates the shelf life food products. Developments such as self- venting microwave packs, respiring trays and other segments related to food packaging are aiding to the growth of the industry. Owing to its properties, active and modified atmospheric packaging is largely preferred by meat producers and retailers, who benefit from this packaging P e r s i s t e n c e technology and also differentiate their product offering from competitors. Materials used in active and modified atmospheric packaging such as polyethylene, polypropylene, polyvinyl chloride and polyethylene terephthalate etc., also offer additional properties to the packaging material. Compostability and biodegradability are common properties achieved with the use of active and modified packaging option, however, temperature resistance, specific gas barrier, glossy aesthetic are some of the additional properties offered by active and modified packaging, due to which the preference of this packaging has increased over past few years. Active and modified atmosphere packaging market is expected to remain lucrative during the forecast period since it is most suitable packaging option for fresh food products that have substantial demand in the consumer market. Companies engaged in dairy product manufacturing, meat & poultry product processing, fruits & vegetables as well as frozen food processors prefer active and modified atmospheric packaging. Though processed food products are estimated to account for 15% of the total active and modified atmosphere packaging market Active and Modified Atmosphere Packaging Market, 2016 - 2024 Page | 3 R e s e a r c h share, impressive food industry growth coupled with consumers spending outside homes is anticipated to substantiate the total demand for active and modified atmosphere packaging in the near future. The active and modified atmosphere packaging market in meat, poultry & seafood is projected to register 1.5X growth in revenue between 2016 and 2026 and is forecast to dominate the market throughout the forecast period. Amcor Limited, Sealed air corporation, Berry Plastic Group Inc., Bemis company Inc., are among the leading players in the global active and modified atmosphere packaging market. Other market player includes Linpac Packaging, Coveris Holdings S.A, Winpak Limited Company, M a r k e t ULMA Packaging, S. Coop and Ilapac International S.A. In terms of region, Asia-Pacific accounted for the leading value share in the global active and modified atmosphere packaging market in 2015. The APAC market is projected to increase at CAGR of over 6% till 2026, translating into 1.6X growth between 2016 and 2024. Asia Pacific is closely followed by Latin America, which is projected to register a CAGR of slightly less than 6% during the forecast period. To get more detailed information (desk of content material), Figures and Tables of the report @ http://www.persistencemarketresearch.com/market-research/active-and-modifiedatmospheric-packaging-market/toc P e r s i s t e n c e The global active and modified atmosphere packaging market are segmented as follows By Application Type Meat, Poultry & Seafood Dairy Products Fruits & Vegetables Bakery and Confectionary Processed Food Products Others By Material Type Polyethylene Polyvinyl Chloride Polypropylene Polyamide Active and Modified Atmosphere Packaging Market, 2016 - 2024 Page | 4 R e s e a r c h Polyethylene Terephthalate Ethylene Vinyl Alcohol (EVOH) Ethylene Vinyl Acetate(EVA) Others By Region North America Europe Asia Pacific The Middle East & Africa Latin America M a r k e t PMR not only conduct forecasts in terms of value but also evaluate the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market. To understand key segments in terms of their growth and performance in the active and modified atmosphere packaging market, Persistence Market Research has developed a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global active and modified atmosphere packaging market. In the final section of the report, active and modified atmosphere packaging market competitive landscape is included to provide a dashboard view of companies that manufacture and supply active and modified atmosphere packaging. The report contains company profiles of some of the P e r s i s t e n c e key players in the global active and modified atmosphere packaging market. Key market players featured in this report are: Amcor Limited Berry Plastics Inc. Sealed Air Corporation Coveris Holdings S.A Linpac Packaging Limited Bemis Company Inc. Winpak Limited Company ULMA Packaging, S. Coop Ilapak International, S.A. . Active and Modified Atmosphere Packaging Market, 2016 - 2024 Page | 5 R e s e a r c h Browse through the full Global Electronic Cylinder Lock Credentials Market Report at http://www.persistencemarketresearch.com/market-research/active-and-modified- atmospheric-packaging-market.asp For information regarding permissions, contact: Persistence Market Research 90 Sate Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 Website: http://www.persistencemarketresearch.com/ [email protected] P e r s i s t e n c e M a r k e t Email: [email protected] Active and Modified Atmosphere Packaging Market, 2016 - 2024 Page | 6