Market Overview:
Aseptic processing helps in packaging products like dairy, juices, liquid food and beverages. It uses thermalkilling method to sterilize the product and packaging materials to extend shelf life without any refrigeration. The packaged product remains free from spoilage and pathogenic microorganisms for a longer period of time.
Market key trends:
One of the key trends in the aseptic processing market is the growing demand for fluid food products especially milk, juices and other dairy beverages. Fluid foods need special packaging solutions to prevent spoilage and microbiological contamination as they have high moisture content. The adoption of aseptic processing and packaging techniques allow fluid foods to remain fresh without refrigeration for extended duration. It is widely used to package fruit juices and milk-based products that require longer shelf-life. The adoption of aseptic processing for fluid foods has increased significantly over the years thereby contributing notably to the market growth.
Segment Analysis
The global aseptic processing market is segmented into machinery, packaging, and consumables. The packaging segment dominated the market in 2022 and is expected to continue its dominance during the forecast period. The segment includes carton packaging, bottles & cans, flexible packaging, and pouches. Carton packaging dominates the packaging segment as it provides maximum protection, is lightweight, and is recyclable.
The global Aseptic Processing Market Share is estimated to be valued at US$ 92.82 Bn in 2023 and is expected to exhibit a CAGR of 9.2 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Key Takeaways
The global aseptic processing market is expected to witness high growth, exhibiting CAGR of 9.2% over the forecast period, due to increasing focus on antibiotic-free and longer shelf-life foods. The market size for 2023 is US$ 92.82 Bn.
Regional analysis- North America holds the major share in the global aseptic processing market and is expected to retain its domination during the forecast period. This is attributed to the presence of major players and rapid adoption of advanced packaging technologies in the region. Asia Pacific exhibits the fastest growth rate owing to rising demand for packaged food and beverages with longer shelf life in developing countries such as India and China.
Key players - Key players operating in the aseptic processing market include Amcor Limited, Becton, Dickinson And Company, Robert Bosch Gmbh, Aran Packaging (Aran Group), Dizaynpak Baski Ve Ambalaj Teknolojileri A.Ş., Ipi S.R.L., Sealed Air Corporation, And Schott Ag. Amcor Limited and Tetra Pak dominate the global market owing to their novel product offerings and wide geographical presence across major countries.
