Aseptic Packaging Market Study Offering Insights on Latest Advancements, Trends and Analysis from 2021 to 2026

The Aseptic Packaging Market report is an inclusive study where the report’s goal is to give in-depth information on the industry, including a market overview, major trends, and business strategies for the projected period of the Aseptic Packaging market. The research provides information on company profiles, product pictures and specifications, capacity, production, price, cost, revenue, and contact information for the worldwide main leading industry players in the Aseptic Packaging market.

The Aseptic Packaging Market is anticipated to register a CAGR of 6.65% over the forecast period 2021 – 2026.

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The Major Players of Aseptic Packaging Market are: Amcor Limited, Sealed Air Corporation, SIG Combibloc Group, Bemis Company Inc., Schott AG, Coveris Holdings SA, DS Smith PLC, Elopak AS, Mondi PLC, Becton, Dickinson & Co

This study is often used to determine which market segments, regions, or nations to focus their efforts and resources on in the next years to maximize growth and profitability. This research takes into account the impact of the COVID-related economic slump, as well as a competitive market landscape and a continuous in-depth assessment of the sector's leading vendors/key players.

Key Market Trends

Milk and Other Dairy Beverages in Beverage to Drive the Market Growth

- The dairy sector has witnessed a strong growth, mainly driven by the consumer preference for protein-heavy diets compared to carbohydrates. Milk is the most consumed dairy product in the world. The milk available in a bottle, packed with the current processing technology, has a shelf-life between 10 and 21 days when stored at 4-8C. With the advent of processes like UP and UHT, the shelf life of packaged milk was extended up to a year without refrigeration. This has been a significant driver for aseptic packaging across the milk production sector.
- Also, Yogurts have witnessed increased usage, especially in Asian countries. For instance, according to a combined study by PMMI, Australian Packaging and Processing Machinery Association, Italian Manufacturers of Automatic Packing and Packaging Machinery, and the Processing Packaging Machinery Trade Association, the sales of plain yogurt in China are anticipated to witness a CAGR of 26% through 2020, followed by India, registering a CAGR of 16%. While PET bottles allow brands to differentiate themselves from competitors on store shelves, there is a significant focus on food safety due to contamination.

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Asia-Pacific Region Expected to Witness the Fastest Growth

- Asia-Pacific is one of the fastest-growing aseptic packaging markets, owing to the massive adoption of the technology, coupled with increasing concerns regarding product safety and shelf-life. China is also emerging as one of the dominating countries, even at the global level.
- The sale of aseptic packages proliferated in China, registering a sales volume of about 80 billion units over the period 2013-2016. According to the USDA, China's demand for imported dairy products is expected to increase. However, China's retaliatory tariffs on US dairy products are expected to make it difficult for US dairy companies to take advantage of this situation, thus, opening up an opportunity for local vendors.
- China has invested more in the development of aseptic packaging technology and equipment. 

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Highlights of Aseptic Packaging Market report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market

Customization:

The Global Aseptic Packaging Market research may be customized to match your exclusive company requirements. We offer free 25 percent customization for any of our MID reports to all of our clients since we understand what they want.

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This release was published on openPR.