Aseptic Packaging Market Industry Analysis, Size, Sales and Forecast By 2025
Tuesday, March 05, 2019
Press release from the issuing company
The aseptic packaging involves packaging the sterile or non-sterile (which saves from contamination from other micro-organism) product in a way which guarantees free from any life forms (especially microorganisms) in the package environment, packaging in sterile container in a sterile environment., and which ensures longer shelf life for food and beverages, availability of sterile product on demand for medical applications etc.
The market drivers for the aseptic packaging is the rising penetration of medical services and rising demand of packaged foods especially where there is rapid urbanization. The quality of life is improving in developing nations and also, they are under the time crunch to prepare any food in house. Thus the rising preference of RTE and RTC has given rise for aseptic packaging market.
Global aseptic packaging market report covers segmentation by its type, material and applications. Based on type segment classified into cartoons, bottles and cans, bags and pouches, vials & ampoules and other types. However, material segment is classified into paper and paperboard, plastics, metal, and glass & wood. On the basis of application, the market is classified into food &beverages, pharmaceutical and other applications of which food & beverages leads the aseptic packaging market and it is estimated to grow at the highest CAGR during the forecast period due to different dairy items that requires aseptic packaging and packaging in matured dairy items, UHT milk creams, enhanced and figured dairy items, concentrated and consolidated milk and other dairy items.
The Asia Pacific dominated the global aseptic packaging market in terms of growth. Increasing demand for packaged food, more emphasis on product safety and changes in food manufacturing industry are driving the market growth. Moreover, Rising population and changing food habits are other factors driving demand for aseptic packaging. Increasing liquid food and dairy beverage applications and increasing consumption of ready-to-eat food are creating demand for aseptic food further.
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Food and beverages remain the largest segment as these products are being regularly used in a day especially in the urban populations. Plastics based aseptic packaging is the largest segment due to its light weight property and easy to handle.
Some of the key players in the industry are Robert Bosch GMBH (Germany), Tetra Pak International S.A. (Switzerland), SPX FLOW Inc (United States), Becton, Dickinson & Co (United States) and GEA Group (Germany). These companies use various strategies such as expansion, merger & acquisitions, collaboration, partnership and product launch to hold large market share.
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