Aseptic Packaging Market Size and Share | Growth 2023-28
IMARC Group, a leading market research company, has recently releases report titled “Aseptic Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global aseptic packaging market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the aseptic packaging market?
The global aseptic packaging market size reached US$ 54.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 96.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.97% during 2023-2028.
What is retail aseptic packaging?
Aseptic packaging is the process of disinfecting and then sealing food and beverages under sterilized atmospheric conditions to prevent contamination by viruses and bacteria. In this process, both the packaging and the product are sterilized separately before filling. This lowers the presence of germs and makes the food healthier and safer for consumption. Nowadays, aseptic packaging is gaining popularity as a substitute for canning,owing toits ability to maintain the flavor, texture and nutritional content of the processed products. As a result, it finds application across the food and beverage and pharmaceutical industry to retain the overall quality and sterility of products without the need for refrigeration.
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What are the growth prospects and trends in the aseptic packaging industry?
The global aseptic packaging market is primarily driven by the increasing demand for ready-to-eat food products. Rapid urbanization and changing lifestyles of individuals have increased the consumption of convenience food products,which enable easy storage and have a long shelf life. Besides this, aseptic packaging complements the use of natural ingredients, allowing the manufacturer to use ingredients that consumers prefer. It also helps maintain the quality of the content packed inside without the need for preservatives. In addition to this, governments of various nations are extensively investinginimproving the healthcare sector, which has increased the demand for aseptic packaging. Ithas the ability to deliver uniform and high-qualityproductswith improved nutrient retention. Furthermore, the introduction of eco-friendly and renewable aseptic materials that minimize the environmental impactof the packaging is fueling the market growth. Looking forward, the market value is expected to grow at a CAGR of 10.07% during the forecast period (2022-2027).
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Cartons
- Bags and Pouches
- Bottles and Cans
- Prefilled Syringes
- Vials and Ampoules
- Others
Breakup by Material:
- Plastic
- Paper and Paperboard
- Metal
- Glass
- Others
Breakup by Application:
- Food
- Beverage
- Pharmaceuticals
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Amcor Limited
- Becton
- Dickinson and Company (BD)
- DuPont de Nemours Inc.
- GreatviewAseptic Packaging Co. Ltd.
- IndustriaMacchineAutomatiche S.p.A. (SO.FI.M.A.)
- Reynolds Group Holdings Limited (Packaging Finance Limited)
- Robert Bosch GmbH
- Schott AG (CarlZeiss AG)
- SIG Combibloc Group AG
- Tetra Laval International SA.
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IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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