South America Modified Atmosphere Packaging Market – Size, Trends and Forecast (2024 – 2032)

Modified atmosphere packaging is a finely adjusted and carefully controlled gas blend is developed to meet the specific respiration needs for each packaged food product and also defined as an optimal blend of pure oxygen, carbon dioxide and nitrogen within a high barrier or permeable package and also defined as a way of extending the shelf life of fresh food products. The technology substitutes the atmospheric air inside a package with a protective gas mix. The gas in the package helps to ensure that the product will stay fresh for as long as possible. The proportion of gases, such as oxygen, carbon dioxide, and nitrogen, in the mixture for packaging, depends upon the respiration needs of packaged food. The MAP is beneficial for prolonging the initial fresh state of food without changing the surrounding temperature or exposing to chemical treatments, such as freezing, dehydration, and others. MAP lowers the speed of product ageing process, protects a product from deterioration, and extends the shelf life. Increasing demand for fresh and quality packaged food, hygienic packaging of food, manufacturers demand a long shelf-life, On-The-Go Lifestyle to impel the growth of the food packaging technology & equipment market and shift towards easy-to-handle and convenient packaging are the key factors that are boosting the growth of the market.

      South America Modified Atmosphere Packaging Market Segments Size & Growth:

      South America Modified Atmosphere Packaging Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the South America Modified Atmosphere Packaging Market are increasing demand for fresh and quality packaged food, hygienic packaging of food, manufacturers demand a long shelf-life, On-The-Go Lifestyle to impel the growth of the food packaging technology & equipment market and shift towards easy-to-handle and convenient packaging are the key factors that are driving the market growth. However, the high cost of development and strict government legislation are the factors that are hindering the growth of the market. On the other hand, high growth potential markets in emerging economies, consumer gaining confidence in food safety and packaging as a tool for product differentiation are the opportunities that drive the market during the forecast period.

South America Modified Atmosphere Packaging Market Segments Share:

South America Modified Atmosphere Packaging Market is segmented by material which consists of polyethene, ethylene vinyl alcohol, polyamide, oriented polyethene-terephthalate, ethylene vinyl alcohol and others. By technology, the market is further classified into horizontal & vertical flow packaging machine, deep-drawing machine, vacuum chamber machine, bag sealing machine, tray sealing machine and others. By gases, the market is segmented into oxygen, carbon dioxide, nitrogen, and others. By application, the market is classified into poultry, seafood & meat products, dairy products, fruits & vegetables, convenience foods, bakery & confectionery and others. By Geography, the market is segmented into various regions namely Brazil and Argentina.

South America Modified Atmosphere Packaging Market Trends:

• On 6 February 2018, Amcor Limited has proven its game-changing LiquiForm technology with the commercialisation of the first consumer package. In addition to reducing supply chain costs, LiquiForm technology has the potential to improve packaging consistency and lower the carbon footprint associated with filling and packaging.
• Air Products and Chemicals, Inc. disclosed a definitive agreement to purchase ACP Europe SA (ACP), the largest independent carbon dioxide (CO₂) business in Continental Europe. The transaction will complement Air Products’ European CO₂capabilities in core geographies where the company already provides industrial gases.

South America Modified Atmosphere Packaging Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players in the South America Modified Atmosphere Packaging Market are:

• Amcor Limited
• Air Products and Chemicals, Inc.
• Berry Plastics Corporation
• Bemis Company, Inc.
• Linde AG

Along with these companies, there were many other companies considered/cited in the report while analysing the bulk container packaging market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.