The Aseptic packaging in the food market is expected to reach USD XXX by 2028 from USD XXX in 2023, registering a CAGR of XXX from 2023 to 2028.
Aseptic Packaging is a preservation technique that prevents microorganism entry into a package during and after packaging. In aseptic processing, a commercially sterile food product is placed into a sterilized package inside a sterile environment. Common sterilization methods used for aseptic packaging are chemical, thermal, and radiation methods. The most typical aseptic procedure is sterilization with hydrogen peroxide followed by hot air moment. The selection of aseptic packaging material depends on food products, and normally foil, metal cans, different metal containers, and plastic are used in industries. Usually, the packaging is composed of paper (70%), polyethylene (LDPE)(24%), aluminum (6%), and an inside tight layer of polyethylene. Aseptic packaging is used for various foods, including milk, soup, pudding, and many more. Its application is also seen in the pharmaceutical industry to prevent drug contamination.
The aseptic process is where food is packed in a sterilized environment. This decreases the probability of microbes in the food and makes it safer and healthier. Further consumer awareness about preservative-free packaging is driving the aseptic packaging in the food market. The rise in consumption of ready-to-eat foods and convenience foods, along with their benefits, such as extended shelf life and improved product quality, is propelling the adoption of aseptic packaging techniques. Moreover, a surge in demand for packaging techniques in the pharmaceutical industry to avoid contamination by microbes and several more factors, such as rapid urbanization, government regulations for preservatives, and changing lifestyles, are nurturing the aseptic packaging in the food market.
The aseptic packaging requires a skilled workforce for operations. The sterility of equipment is essential for aseptic packaging. Any improper maintenance can hinder the procedure and affect the market. The chemical sterilant used for cleaning the equipment can be carcinogenic and raise health concerns, and environmental mandates in the packaging industry are different in every other country. Further, the cost of packaging material may impede the growth of aseptic packaging in the food market.
Consumer awareness about sustainable packaging and longer shelf life is creating opportunities for aseptic packaging in the food market. Most manufacturers are shifting towards aseptic packaging due to its numerous benefits and eco-friendly nature. Further, the increased preference for convenience foods globally is anticipated to present opportunities for market expansion. Moreover, growth in electronic logistical systems provides a lucrative opportunity for aseptic packaging in the food market. The aseptic packages are e-tracking friendly. This helps in tracking packages in e-commerce platforms and provides speed delivery.
The global pandemic has spread to almost 200 countries and disrupted a number of businesses around the world. A death toll of 6 billion is registered globally, which made containment of viruses and vaccination the top priorities of every country. Many countries like the U.K., Sri Lanka, Brazil, and Italy have faced economic crises. Further supply and demand mismatches have negatively impacted interconnected economies globally. Many businesses have stalled and scrapped their projects due to government restrictions and supply chain disruption. This outbreak has an economic impact and implications for global markets. During COVID-19, the aseptic packaging in the food market grew significantly. During the pandemic, the panic stocking of essential foods among consumers has increased the market share. Customer awareness about using sterilized food products and the rise in packaging technology in the pharmaceutical industry propelled the growth of aseptic packaging in the food market.
In 2022, SIG is investing in a new packaging plant in India. This move will enhance SIG’s operations in one of the fastest-growing markets in the country. With the new investment, it plans to accelerate its growth trajectory in India.
The Bottles & cans segment is expected to record a healthy CAGR of 7.1% during the forecast period. Usually, bottles are of two types- glass and plastic. The selection of the type of bottle depends on the product. Usually, plastic is used for multipurpose packaging, and glass for pickles, sauces, etc. Significant demand from the beverage industry, especially dairy and juice packaging, propelled aseptic packaging in the food market. The cans package type has witnessed demand, particularly for storage purposes in the seafood & minced meat industry, ready-to-eat products, and pickles. Following carton segment CAGR growth of 6.8 % growth during the forecast period owing to preserving the taste and quality of food products.
Food
Beverage
Pharmaceutical
Others
The beverage segment is expected to hold a market share of 37% during the forecast period. The growing demand for packaged beverages like juices, carbonated drinks, and alcoholic drinks is driving the growth. The aseptic package provides long shelf life without the need for refrigeration and provides resistance over oxygen, moisture & light. These benefits are bolstering the growth of aseptic packaging in the food market. Further, demand for aseptic packaging is increasing in the dairy segment owing to the perishable nature of milk. The following food segment is also expected to grow at a faster rate during the forecast period. The rise in consumer demand for fresh and quality food is contributing to market progress.
Aseptic Packaging in Food Market-By Region
During the forecast period, the Asia-Pacific region has dominated the global aseptic packaging in the food market. Asian countries such as India and China are the largest consumers of aseptic packaging owing to the rise in the food and beverage industry in the region. China, with a growing inclination towards convenient product packaging, contributes to the market growth, whereas India is registering a surge in milk production and introducing different variants in the dairy category, expanding the market in the Asia Pacific region. Further European region registers healthy CAGR growth of 6.7%, owing to a surge in packaged food and beverage industry in the region during the period.
Tetra Pak
SIG
Elopak
Genpak
Amcor
Coesia IPI
Greatview
Pulisheng
Likang
Skylong
Bihai
Jielong Yongfa
Frequently Asked Questions
The Aseptic Packaging in food market is expected to reach USD XXX by 2028.
The Asia-Pacific region has the largest share of aseptic packaging in the food market.
Tetra Pak, SIG, Elopak, Genpak, Amcor, Coesia IPI, and Greatview are the key player in the market.
The market is expected to register at a CAGR of XX during the forecast period 2023-2028.
Consumer awareness, preservative-less packaging, long shelf life, and safe & quality food are driving factors for market growth.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1800
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region