Market Size of Americas Modified Atmospheric Packaging (MAP) Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.29 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Americas Modified Atmospheric Packaging (MAP) Market Analysis
The Americas Modified Atmospheric Packaging (MAP) Market was valued at USD 6.06 billion in 2020 and is expected to reach USD 7.79 billion by 2026 witnessing a CAGR of 4.29% over the forecast period (2021 - 2026). Considering, fresh fruits and vegetables, the air of packaging is replaced with atmospheric gases different in proportion. Usually, oxygen, carbon dioxide, and nitrogen are majorly used. Also, the choice and ratio of gases are dependent upon the material that is being packed. For instance, coffee beans release Carbon Dioxide when they are roasted, and without the use of MAP, the beans need to cool down before being packaged, else, the packaging would burst open.
- With people working from home, preference for products/food packaging that requires little preparation such as ready meals and instant noodles along with easy storage is seeing rising demand. As of March 2020, Wegmans, a supermarket chain based in Rochester, N.Y., stated that shoppers are buying shelf-stable foods increasingly.
- Other macroeconomic factors like increasing food wastage are propelling the demand for MAP to rise. For instance, the industry trade group, Produce Marketing Association estimates that approximately USD 5 billion worth fresh fruits and vegetables succumbed to waste in the United States.
- Developments on the material front have been aiding reduced biochemical reactions in meat packaging. American experts have made plastic packaging materials with CO2. Also, the usage of bio-based polymers offers the feasibility of MAP development for new applications such as Cooled meat modified atmosphere packaging or cooked meat packaging.
- The modified atmosphere packaging process involves comparatively high requirements. This is primarily attributed to cost associated with possible failures such as incorrect gas composition, leaks due to faulty temperature, pressure distribution, contaminated or worn tools, seal contamination, or defective material thereby hindering the market growth.
