The global modified atmosphere packaging market is forecast to grow at a CAGR of 4.82% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A particular key trend that will influence the growth of the global modified atmosphere packaging market will be the emergence of biodegradable plastics. Biodegradable plastics are readily decomposed by microorganisms, thereby reducing the toxic effect they have on the environment as compared to conventional plastics. They are not necessarily wholly made from renewable materials but are plastics with biodegradable additives made from petrochemicals.
According to the report, one of the key drivers for market growth will be the demand for hygienic packaging in food industry. As a result of the increased emphasis on food safety from consumers and food manufacturers, packaging vendors are focusing on technological advancements by introducing advanced packaging solutions to meet hygiene standards and to ensure product quality. In the food industry, the packaging is crucial to safeguard the product and maintain the food quality.
Modified atmosphere packaging helps in reducing contamination during handling. In fresh food, surface abrasions are minimized by avoiding contact between the shipping container and the produce, which reduces the spreading of decay from one item to another. Increasing demand for hygienic fresh and prepared food products will propel the demand for modified atmosphere packaging. Consumers are demanding for food products that are processed as little as possible, thereby avoiding the contamination of food with artificial additives and preservatives.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Berry Plastics
- Sealed Air
- G Mondini
- Packaging World
- Point Five Packaging
- Total Packaging Solutions
- Harpak-ULMA Packaging
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by materials
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/skn9l3/global_modified
Related Topics: Packaging
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SOURCE Research and Markets