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Biggest Advancement in Active and Modified Atmosphere Packaging Market to Access Global Industry Players Like Amcor Limited, LINPAC Packaging Limited, Bemis Company Inc., Berry Plastics Corporation

Summary

The Global Active and Modified Atmosphere Packaging Market Study contains data that has been precisely analyzed in depth on the different models and factors influencing the industrial expansion of the Active and Modified Atmosphere Packaging market. Active and modified atmosphere packaging is a […]

The Global Active and Modified Atmosphere Packaging Market Study contains data that has been precisely analyzed in depth on the different models and factors influencing the industrial expansion of the Active and Modified Atmosphere Packaging market. Active and modified atmosphere packaging is a smart and intelligent packaging technology that is used to enhance the shelf-life of the food products. It has the ability to sense or measure an attribute of the product, such as the status of the inner the atmosphere of the package or the shipping environment. This packaging solution ensures the extended shelf-life of the product without requiring any preservative chemical or stabilizers. They find application across meat, poultry and seafood, dairy products, fruits and vegetables, bakery and confectionery, processed food products, and others.The global active and modified atmosphere packaging market accounted for about US$ 19 Billion in 2018 and is anticipated to reach US$ 29 Billion by the end 2027, with a CAGR of 4.5% during the forecast period (2019 to 2027).

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Revenue and cost profit analysis of major player dominating the Active and Modified Atmosphere Packaging market Amcor Limited, LINPAC Packaging Limited, Bemis Company Inc., Berry Plastics Corporation, Coveris Holdings S.A, Winpak Limited Company, Sealed Air Corporation, ULMA Packaging S. Coop, and Ilapak International, S.A

Detailed Segmentation:

    • Global Active and Modified atmosphere packaging, By Application :
      • Meat, Poultry, And Seafood
      • Dairy Products
      • Fruits And Vegetables
      • Bakery And Confectionery
      • Processed Food Products
      • Others

Increasing spending by the government on the food sector in the U.S region is expected to propel the market growth over the forecast period. According to the United States Department of Agriculture Economic Research Service In 2018, U.S. consumers, businesses, and government entities spent $1.71 trillion on food and beverages in grocery stores and other retailers and on away-from-home meals and snacks. Moreover, in 2018, Americans spent an average of 9.7 percent of their disposable personal incomes on food—divided between food at home (5.0 percent) and food away from home (4.7 percent).The rising number of partnerships among manufacturers of the active and modified atmosphere packaging is expected to fuel the market growth. For instance, in August 2018, Israel-based packaging firm StePac has partnered with Tadbik to produce a modified atmosphere re-sealable lidding film in order to extend the shelf life of fresh produce in aesthetic and functional retail packaging, as well as reduce waste. This collaboration is part of the company’s aim to implement a comprehensive supply chain solution for the delivery of fresh cherries.

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Key questions answered in the report:

  • What will the market growth rate of Active and Modified Atmosphere Packaging market in 2027?
  • What are the key factors driving the global Active and Modified Atmosphere Packaging market?
  • Who are the key manufacturers in this market space?
  • What are the market opportunities, market risk and market overview of the market?
  • What are sales, revenue, and price analysis by types and applications of market?
  • What are sales, revenue, and price analysis by regions of industries?

You can also request for the customizations in Active and Modified Atmosphere Packaging research report according to your requirements.

The report also covers a chronicled data of progressions and remedies inside the methodology examination of the Global Active and Modified Atmosphere Packaging Market with a particular ultimate objective to tell the use of frontline inspiration for Sustainable Development.

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