Modified Atmosphere Packaging Market set to exceed USD 39.5 billion by 2032, driven by demand for fresh foods.

From GlobeNewswire: 2024-11-27 06:00:00

The Modified Atmosphere Packaging Market is set to reach USD 39.5 billion by 2032, up from USD 19.9 billion in 2023. The industry is meeting demand for fresh, minimally processed foods, reducing food waste and focusing on sustainability. PET packaging, with excellent barrier properties, is expected to reach USD 9.6 billion by 2032, growing over 9.5% annually.

Films and liners dominate the MAP market, with over 48% market share in 2023, offering versatility and effectiveness in preserving perishable items. North America, holding over 25% market share, leads in MAP adoption due to consumer preferences for quality and convenient packaging. Companies like Amcor and Sealed Air are major players in the industry.

The MAP market report provides detailed insights and forecasts for segments like product type, packaging material, gas, application, and end-use industry. Global Market Insights Inc. offers comprehensive market research reports and consulting services to aid strategic decision-making in various industries like food & beverage, pharmaceuticals, and retail.



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