Aseptic Packaging Market to gain significant revenue by 2024

Aseptic packaging has been one of the most preferred options for most packaging solution manufacturers, right since the twentieth century until now. In fact, just recently, the Thailand based Tofusan Company Limited in unison with SIG, a leading systems and solutions provider, rolled out the country's first organic UHT soymilk in aseptic carton packs. This move is indicative of how aseptic packaging solutions have made their presence felt in the dairy sphere. Driven by its widespread end-use spectrum, this groundbreaking packaging technology is expected to command substantial traction in the years ahead, claim experts.

The worldwide aseptic packaging market is anticipated to be remarkably influenced by the rising demand for dairy products with minimum or negligible contamination risks along with the longer shelf life. Most aseptic packaging solution providers are known to consistently introduce or innovate advanced products. However, the ultra-high treatment processing method still remains one of the most widely used aseptic processing concepts across the globe.

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Speaking on UHT food sterilization and aseptic packaging brings up a prominent name - Tetra Pak. The company, headquartered in Switzerland since 1960s, is one of most proactive leaders in UHT processing and aseptic packaging market. Tetra Pak believes that the environment in which the food is being handled and sealed must be potentially free from bacteria, i.e., be highly sterilized.

Considering the environmental impacts of plastics and other packaging materials, Tetra Pak in its initial years launched Tetra Brik Aseptic 1000 Ultra Edge which was made to attract the customer's attention. This product was made from the renewable materials being 100 per cent ideal for the ambient beverages. Moreover, the company made an addition to its aseptic 1000 Edge product with Biobased LightCap 30. Apparently, this design became the first ever aseptic carton package worldwide to have received the highest class of certification from the TUV.

The rising demand for aseptic packaging market can be aptly credited to the expanding product application portfolio. The technique finds deployment across pharmaceuticals, food, dairy, beverages, and various other sectors for the convenience it offers. More and more innovations are being brainstormed by industry players pertaining to cartons, ampoules, bags, pouches, bottles, vials, and more, in order to cater to the ever-increasing demand from these sectors.

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Not to mention, the aforementioned industry verticals are also depicting an ascending growth graph, while simultaneously demanding environmentally viable solutions in order to be aligned with the legislative norms pertaining to environmental safety. This has perhaps driven aseptic packaging market conglomerates to devise advanced and novel solutions that are also environmentally sustainable.

In spite of the significant expenses related with setting up manufacturing units and R&D programs, the global aseptic packaging market is set to traverse alongside a lucrative growth path in the upcoming years. Subject to its capability of transforming traditional packing models, aseptic packaging solutions have been gaining mass momentum. A research report by Global Market Insights, Inc., claims that aseptic packaging market size is envisaged to be pegged at USD 70 billion by the end of 2024.

Leading Key Players are

Amcor Limited, E.I Du Pont De Numerous and Company, Tetra Laval International S.A, Krones AG, Scholle IPN, Lamican International Oy, Ecolean AB, Sealed Air Corporation, Goglio S.P.A, Agropur Cooperative, IPI SRL, Printpack Inc.

Read More: https://www.gminsights.com/industry-analysis/aseptic-packaging-market

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