Market Size of Modified Atmosphere Packaging (MAP) Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 17.44 Billion |
| Market Size (2029) | USD 26.74 Billion |
| CAGR (2024 - 2029) | 8.92 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Modified Atmosphere Packaging (MAP) Market Analysis
The Modified Atmosphere Packaging Market size is estimated at USD 17.44 billion in 2024, and is expected to reach USD 26.74 billion by 2029, growing at a CAGR of 8.92% during the forecast period (2024-2029).
In the wake of COVID-19 the market faced supply chian disruptions as the entire world went under lockdown but as the demand for packaged food grew immediately the demand for modified atmosphere packaging market grew simultaneoulsy.
- Following an initial surge in panic-buying and stockpiling, consumers settled into a pattern of a lower number of frequent but larger shopping visits, which resulted in demand for food that lasts longer. For instance, according to the survey by LendingTree October 2020, about four in 10 US consumers mentioned they are going to the grocery store less often than they did pre-pandemic; however, the study also found that the average weekly grocery spending increased by 17% from USD 163 to USD 190.
- This has resulted in pressure on food manufacturers to increase the shelf life of their products as consumers are looking to store those products for longer periods of time for later consumption. This is where MAP is becoming a crucial part of food packaging.
- Moreover, according to the Food and Agriculture Organization of the United Nations (FAO), around 1.3 billion metric ton or nearly one-third of all food produced for humans is wasted worldwide each year, world's food waste could be as high as 44% of the dry mass of agricultural crops since 795 million or around 11% of the world's population suffer from hunger, there is already a great deal of stress on food availability and thus the urgency to diminish food waste, highlighting the need to focus on packaging solutions.
- The MAP also plays an important role in enhancing the quality and decreasing the waste of products in the retail sector. For instance, the waste reduction from 5% to 1% in winter and 15% to 2% in summer was reported due to the use of retail MAP packaging for bananas.
- However, the application of MAP has stretched to maturity in certain categories, such as snacks, coffee, and processed meats. It is increasingly utilized in refrigerated, prepared convenience foods that meet consumer requirements for convenience, quality, variety, and health.
