The aseptic packaging for food and beverages market is projected to reach US$ 24,782.33 million in 2028 from US$ 17,097.86 million in 2021; it is expected to grow at a CAGR of 5.4% from 2021 to 2028.
Aseptic packaging is a high-temperature-short-time thermal process used to commercially sterilize a product and fill the cooled, sterilized product into a pre-sterilized package under a sterilized environment. During the process, the aseptic filler is designed to sterilize the packaging material, fill the sterile product into the container under a sterilized environment, and then hermetically seal the package. Aseptic filler differs from traditional food packaging systems, as in this, the food product and the package are sterilized separately. The aseptic packaging is mainly used in the food & beverage industry. The global food & beverages industry's massive growth is due to the rising population, improving lifestyles, rising per capita income, and surging demand for convenience food and beverages, which is projected to open crucial opportunities for the aseptic packaging for food and beverages market over the forecast period.
North America held the largest share of the global aseptic packaging for food and beverages market in 2020, while Asia-Pacific is expected to grow significantly over the forecast period. The ready-to-eat or drink concept is trending in North America. Lately, the ready-to-drink beverages market has grown considerably due to the growing preference for convenience food and beverages that help save time and efforts. Aseptic packaging for food and beverages is essential to extend its shelf life. Thus, the rising trend of consuming ready-to-drink beverages is driving the growth of North America aseptic packaging for food and beverages market. Vendors are offering specialized aseptic packaging for ready-to-drink products. For instance, Graham Packaging offers recyclable plastic for aseptic packaging to provide longer shelf life for single-serve packaging. Thus, various emerging and well-established market players in the region that offer innovative aseptic packaging solutions are driving the market growth.
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Impact of COVID-19 Pandemic on Aseptic Packaging for Food and Beverages Market
During the COVID-19 pandemic, the chemicals & materials industry faced unprecedented challenges due to the shortage in raw material supply, the shutdown of factories, labor shortage, and other operational difficulties under pandemic safety protocols. The shutdown of manufacturing units, difficulty in the procurement of raw materials, and restrictions on logistics negatively impacted the global aseptic packaging for the food and beverages market. Due to the COVID-19 outbreak, the hygiene concerns of consumers increased significantly. Consumer preferences are rapidly evolving toward long shelf life and sterile packaging, which positively impacted the aseptic packaging for the food and beverages market. According to an e-commerce study in the Tetra Pak Index 2021, consumers increasingly rated aseptic cartons as the ideal packaging material for online purchases. Thus, the increased concern about food safety and hygiene due to the outbreak of COVID-19 is fueling the growth of aseptic packaging for food and beverage market. Thus, the COVID-19 pandemic had a mixed impact on the aseptic packaging for food and beverages market.
Market Insights
Benefits Associated with Aseptic Packaging is driving the Market Growth
Benefits Associated with Aseptic Packaging is driving the Market Growth
There are various benefits associated with aseptic packaging for food and beverage products. Aseptic packaging helps to increase the shelf life of the food and beverage products by an estimated six to twelve months without refrigeration. The increased longevity of the product provides manufacturers with more time to ship and sell their products before they expire or lose flavor. This also reduced the costs of transportation and logistics. Aseptic packaging is lightweight and compact compared to more traditional packaging types, allowing the manufacturers to cut shipping costs by reducing shipping weight. There has been a growing demand for convenience food products with long shelf-life, which are either free of or can delay bacterial contamination. Food preservatives are vastly used in food production to increase the shelf life and preserve the quality of the product. However, consumers prefer more natural products that are free from synthetic additives. Aseptic packaging also complements natural ingredients, allowing a manufacturer to produce a completely natural product, and make them increasingly shelf-stable. Thus, various benefits of aseptic packaging are driving the aseptic packaging for food and beverages market growth.
Type Insights
Based on type, the aseptic packaging for food and beverages market is segmented into carton, bottles & cans, sachets & pouches, and others. The sachets & pouches segment is projected to grow at the fastest CAGR in the global aseptic packaging for food and beverages market over the forecast period. The aseptic pouch packaging includes an innovative spout and cap solution to enable a safe and convenient packaging solution. This pouch is developed to provide consumers with convenience and ease of use. It can have a shelf-life of up to 12 months while providing optimal nutrient retention, flavors, and textures. Sachets are small sealed flexible bags that include three or four-layer packaging made from a reeled or flat film. The rising demand for smaller quantity food and beverage products is driving the growth of aseptic sachets and pouches segment.
Aseptic Packaging for Food and Beverages Market Regional Insights
Aseptic Packaging for Food and Beverages Market Regional Insights
The regional trends and factors influencing the Aseptic Packaging for Food and Beverages Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Aseptic Packaging for Food and Beverages Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Aseptic Packaging for Food and Beverages Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 17.1 Billion |
Market Size by 2028 | US$ 24.78 Billion |
Global CAGR (2021 - 2028) | 5.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Aseptic Packaging for Food and Beverages Market Players Density: Understanding Its Impact on Business Dynamics
The Aseptic Packaging for Food and Beverages Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Aseptic Packaging for Food and Beverages Market are:
- Tetra Pak International S.A
- Sealed Air
- Greatview Aseptic Packaging Company
- SIDEL GROUP
- ECOLEAN AB
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Aseptic Packaging for Food and Beverages Market top key players overview
Application Insights
Based on application, the aseptic packaging for food and beverages market is segmented into food and beverages. The food segment is further divided into dairy food; fruits & vegetables; meat, poultry & seafood; processed food; and others. The beverages segment is further segmented into dairy beverages, juices, ready-to-drink beverages, and others. The beverages segment held a larger share in the global market in 2020. Aseptic packaging is used for various beverages, including fruit-based, dairy-based, milk-based, protein shakes, ready-to-drink (RTD) tea and iced coffee, flavored waters, and cocktails. The growing demand from consumers for beverages without chemicals and preservatives is driving the growth of aseptic packaging for food and beverages market.
The key players operating in the aseptic packaging for food and beverages market include Tetra Pak International SA, Sealed Air, Greatview Aseptic Packaging Company, Sidel Group, ECOLEAN AB, Krones AG, Syntegon Technology GmbH (Bosch Packaging Technology), Amcor Group GmbH, IPI S.r.l., and SIG Combibloc Group AG. These players are engaged in developing innovative products to meet the emerging consumer trends. Moreover, they are involved in mergers & acquisitions, business expansion, and partnerships to expand their market share globally.
Report Spotlights
- Progressive industry trends in the aseptic packaging for food and beverages market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the aseptic packaging for food and beverages market from 2019 to 2028
- Estimation of global demand for aseptic packaging for food and beverages
- Porter's five forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook as well as factors driving and restraining the growth of the aseptic packaging for food and beverages market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the aseptic packaging for food and beverages market size at various nodes
- Detailed overview and segmentation of the market, as well as the aseptic packaging for food and beverages industry dynamics
- Size of the aseptic packaging for food and beverages market in various regions with promising growth opportunities
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Adoption of sustainable and environmental-friendly packaging is the key trend for the global aseptic packaging for food and beverage market. The increased use of plastic packaging in the food and beverage industry has harmful impacts on the environment. This has led to an increased focus on developing sustainable and environmental-friendly packaging.
Based on food & beverage, the food segment led the global aseptic packaging for food and beverage market in 2020. In the food segment fruits & vegetable, product is increasing as it is perishable in nature and aseptic packaging helps to increase longer shelf life. Thus this increase demand for aseptic packaging for food and beverage.
Based on the type segment, sachets & pouches was the fastest-growing segment in 2020. The aseptic sachets & pouch packaging is pre-made, sterilized spouted sachets & pouch packaging which is used to preserve the quality of the product. Aseptic sachets & pouch are shelf-stable and require no refrigeration.
In 2020, Asia Pacific accounted for the largest share of the global aseptic packaging for food and beverage market. The aseptic packaging for food and beverage market industry is anticipated to expand faster due to its benefits like longer shelf life of food and beverage.
Surging demand for dairy products and benefits associated with aseptic packaging are the drivers for global aseptic packaging for food and beverage market. The growing demand for dairy products has led to an increased focus on developing safe and hygienic packaging for dairy products. Aseptic packaging is increasingly used as a packaging solution for ultra-high temperature (UHT) milk. Aseptic packaging helps increase the shelf life of the food and beverage products.
The major players operating in the global aseptic packaging for food and beverage market are Tetra Pak International S.A.; Sealed Air Corporation; Greatview Aseptic Packaging Co., Ltd.; Sidel International; Ecolean AB; Krones AG; Syntegon Technology GmbH; IPI S.r.l.; SIG Combibloc Group AG; Amcor plc.
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The List of Companies - Aseptic Packaging for Food and Beverage Market
- Tetra Pak International S.A
- Sealed Air
- Greatview Aseptic Packaging Company
- SIDEL GROUP
- ECOLEAN AB
- Krones AG
- Syntegon Technology GmbH (Bosch Packaging Technology)
- SIG Combibloc Group AG
- IPI S.R.L.
- Amcor plc