Press release
Aseptic Packaging Market - Global Industry Analysis, Segments, Top Key Players, Drivers and Trends to 2024
Apart from the growing demand for adequately packaged food products from the Asian emerging economies, developed countries in the western parts of the world are also expected to sustain a consistent demand in the aseptic packaging market in the near future, which can be attributed to higher awareness levels regarding the benefits. Advent of eco-friendly aseptic packaging, decreasing cost, and ease in handling are some of the other drivers of this market.
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Additionally, the pharmaceutical industry is also foreseen to emerge as an end-use segment that will increment the demand in the aseptic packaging market over the forecast period of this report, i.e. 2017 to 2024. On the other hand, complexity of the manufacturing process is anticipated to be a mild restraint over the progress of the aseptic packaging market going forward. This report also highlights and analyzes market opportunities such as rising awareness regarding the side-effects caused by alternate packaging methods that use preservatives.
Pharmaceutical and Dairy Industries Key End-users
Assessing the potential of demand coming from the end use industries of pharmaceutical, food, beverages, dairy, and others such as personal care - this report has identified pharmaceutical and dairy product manufacturers as the primary end users of the aseptic packaging market. By the end of 2024, the pharmaceutical aseptic packaging market is estimated to be worth US$28,110.3 million whereas dairy producers are projected to generate a demand of value US$24,616.6 million. Dairy products such as yogurt, milk, and cheese are highly prone to environmental-contamination and generally have low shelf-life. On the other hand, pharmaceuticals segment is expanding on the back of increasing demand for medical consumables in all regions.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR has experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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