Oct 26, 2017   SOURCE: BusinessWire

Modified Atmosphere Packaging Market – New Procurement Report Now Available From SpendEdge

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Modified Atmosphere Packaging Market Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the packaging and labeling industry. This report breaks down the data and analysis behind the procurement of modified atmosphere packaging and acts as an all-inclusive guide for making smart purchasing decisions.

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Global Modified Atmosphere Packaging Procurement Market Intelligence Report (Graphic: Business Wire)

Global Modified Atmosphere Packaging Procurement Market Intelligence Report (Graphic: Business Wire)

“The growth of the global MAP market can be attributed to the changing lifestyle of people which is promoting the use of products that require convenient packaging, such as resealing and products that can be easily carried and disposed of,” says SpendEdge procurement research analyst Tridib Bora. “The growing awareness about the benefits of organic food and food safety is also driving the growth of this market,” added Tridib.

Key Report Features

 
Supply Market Insights   Negotiation Strategies
Procurement Best Practices   Category Risk Analysis
Cost Saving Opportunities   Key Supplier Analysis
Pricing Models   Supplier Capability Matrix
 

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Report Insights

  • The growing demand for modified atmosphere packaging (MAP) market is mainly driven by end-user industries like the pharmaceutical and food and beverages industries. In the food and beverages industry, fresh-cut fruits and vegetables and frozen meat segments have seen significant demand for the MAP as consumers have become more conscious about the food quality and nutritional value. It also helps to improve shelf life and retain the quality of the product.
  • Buyers in the MAP market need to ensure that the suppliers make use of verified and safe packaging materials as per the US FDA norms. Also, the packaging material should meet the requirements to extend products' shelf life. Buyers should decide on the compatibility of the packaging material with the product before procurement. The packaging material should also be verified based on certain characteristics such as machinability, strength, clarity, durability, and permeability.
  • One of the key procurement challenges for buyers is to identify suppliers that can provide consistent MAP solutions in terms of ensuring the optimal amount of gas/gases required for the product. Therefore buyers need to collaborate with suppliers who carry out frequent quality checks and those who make use of high-quality gas mixing machines.

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MAP Market Pricing Trends

The cost-plus pricing model is the most widely adopted pricing model in the MAP industry though volume-based, unit-based and competitive pricing models find comparable adoption. The cost-plus pricing model offers high transparency in terms of pricing as the fee is based on total manufacturing costs. This is advantageous as buyers can increase the order of MAP products when the cost of raw materials is relatively low whereas buyers possess a higher negotiating power in the case of volume-based pricing.

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