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Aseptic Food and Beverage Packaging Market Outlook and in-Depth Analysis 2019-2025

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BIS RSRCH
Aseptic Food and Beverage Packaging Market Outlook and in-Depth Analysis 2019-2025

Aseptic packaging and filling is a method in which both the carton and product undergoes the sterilization process to increase the shelf-life and safely preserve it for future purposes. Food and beverage manufacturers use a specialized process to sterilize both contents and the container separately in a sterile environment to prevent contamination by microorganisms. Food and beverage products packed aseptically attain the idea of the products which can also be used without the requirement of the refrigeration process. This type of packaging helps the food and beverage manufacturers in meeting consumers' demand for products that are safe and have undergone lesser processing. Aseptic packaging depends on the automated processes rather than the packaging techniques, which in turn reduces the labor costs and increases the efficiency and output of the plant. It is also easy to transport aseptically packaged food and beverages products due to its feature to maintain the freshness of the products for longer periods at room temperature.

Aseptic packaging and processing not only focuses on creating healthier products but also allows these products to use a wider range of packaging, helping food and beverage manufacturers to create more unique designs for their branding. Recent changes in the aseptic package design have also provoked material suppliers to bring out new branding options, including wood, glass, and cardboard, among others, that allow for a wider range of liquid and semi-liquid products being filled.

The competitive landscape for the aseptic food and beverage packaging market demonstrates an inclination toward companies adopting strategies such as partnerships and collaborations along with product launches. The result of the emerging strategies and developments are already surging the market in the form of partnerships, collaborations, and joint ventures. Moreover, the growing market of aseptic food packaging is further expected to increase the involvement of companies across different segments of the value chain. The key players actively taking part in the aseptic food and beverage packaging market are Tetra Pak International S.A., WestRock Company, Amcor Plc, SIG Combibloc Group AG, Greatview aseptic Packaging Co., Ltd., and Ecolean AB, among others.

Driven by the rapid evolution of the food packaging sector, there has been swift growth in research and development activities by many important players in this market, leading to an increase in the number of partnerships, collaborations, and ventures since 2017. For instance, in January 2020, SIG Combibloc Group AG and Tofusan Company Limited, a start-up beverage company, based in Thailand, have collaborated to launch Thailand's first organic UHT soymilk in aseptic carton packs.

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The business expansion strategy has also been significantly employed for the expansion in the aseptic food and beverage packaging market. With the increasing growth in the global market, companies operating in this industry are compelled to come up with collaborative strategies in order to sustain in the intensely competitive market. Key players are also engaging in business expansions in regions where there is a strong demand for aseptically packaged products. Industry leaders in this market are actively opting for this strategy to improve their market position. For instance, in July 2019, Tetra Pak started its aseptic packaging material factory in Vietnam. It is the eighth Tetra Pak plant in the Asia-Pacific region.

Various government bodies and companies, along with an increase in the exposure to foreign competitors and key players, are expected to augment the global aseptic food and beverage packaging market. The increase in the adoption of aseptically packaged products is necessary to bridge the demand and supply gap, along with solving the problem of processed foods.

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