Globally considered to be one of the most lucrative industry verticals, global aseptic packaging market size is set to surpass a valuation of US$90.53 billion by 2027. Majority of this growth can be attributed to increased adoption of aseptic bottles, cartons, pouches, and bags, in the packaging of food, beverage, dairy, and pharmaceutical products.
Aseptic packaging market has become one of the most prominently used packaging technologies within the food & beverage, dairy, and pharmaceutical sectors. It is a specialized manufacturing technology in which products are sterilized separately prior to packaging. The contents are then filled into the container in a sterile environment. The process is performed at high temperatures to ensure that the contents are free from contamination and maintain the quality and freshness of products.
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Wide use in food, beverage, and dairy applications
Aseptic packaging, one of the most preferred packaging technologies today, has gained rapid popularity among manufacturers over the past few years. A vast majority of manufacturers opt for aseptic packaging solutions due to several advantages including increased shelf life and reduced shipping and distribution costs. In addition, no preservatives are needed during or after the process and the freshness and quality of the goods are maintained.
Recent years have witnessed a major shift in eating patterns and dietary habits, mainly due to changing perceptions and increased focus towards personal health and hygiene. One of the most prominent trends has been an increased consumption of milk and dairy products across many regions.
According to the latest OCED-FAO outlook, the global consumption of fresh and processed dairy products between 2019 and 2028 is projected to rise by 2.1% and 1.5% per year respectively. The increase in dairy products consumption has been particularly high in developing economies, where consumers are willing to spend more on healthy products.
In order to address this surging demand, aseptic packaging market manufacturers are focusing on product innovations to introduce high-quality packaging solutions. Citing an instance, in January this year, Thailand based manufacturer Tofusan Company Limited in partnership with local technology firm SIG had launched the country’s first organic ultra-high temperature (UHT) soymilk in aseptic cartons.
In addition to milk and dairy products, aseptic packaging solutions are used for food & beverage products including soup, puddings, tomatoes, sauces, pastes, and countless others. A booming packaged food industry will offer lucrative opportunities to manufacturers worldwide.
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COVID-19 may impact future opportunities
With manufacturing activities temporarily paused across numerus end-use industries, global aseptic packaging industry has taken a major hit in the past several months. The recovery would be highly dependent on the course of the pandemic’s prevalence in the near future and the subsequent resuming of manufacturing and business activities.
Aseptic packaging market solutions is expected to remain a popular choice for manufacturers in the future as they require considerably less energy to manufacture. One of the biggest advantages of the technology is perhaps its ecofriendly nature. Aseptic packaging is a sustainable solution which is primarily comprised of renewable sources and uses nearly 60% less plastic than other solutions.
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