Aseptic Packaging for Food and Beverages Market is Growing Due to Surging Demand for Dairy Products

According to The Insight Partners latest market study, titled " Aseptic Packaging for Food and Beverages Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type and Application" the aseptic packaging for food and beverages market is projected to reach US$ 24,782.33 million in 2028 by growing from US$ 17,097.86 million in 2021; it is expected to grow at a CAGR of 5.4% from 2021 to 2028.

The aseptic packaging market is observed high growth, owing to the rise in demand for ready-to-eat and drink food products. Increased growth and urbanization of the aseptic packaging industry have led to an increase in demand for aseptic packaging. There are various benefits associated with aseptic packaging for food and beverage. Aseptic packaging helps to increase loner shelf life of the food and beverage product by mostly six to 12 months without refrigeration. The use of unique and different materials in aseptic packaging has led to keeping selected food and beverage products at circling temperatures.

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The aseptic packaging is lightweight compared to other traditional packaging types, which is allowing the manufacturers to reduce shipping costs by cutting shipping weight. The high technology aseptic packaging for the food and beverage process helps to preserve and maintain the quality of food and beverage products. There has been an increasing demand for convenience food products with long shelf life, which are free from delayed bacterial contamination.

Impact of COVID-19 Pandemic on Aseptic Packaging for Food and Beverages Market

The aseptic packaging for food and beverages market witnessed mixed impacts of the COVID-19 pandemic. The health and wellness trends emerged significantly due to the COVID-19 outbreak, and people became more health-conscious. This factor positively impacted the aseptic packaging for food and beverages market growth. However, due to the severe disruption of supply chains, there was a shortage of raw materials, which negatively impacted the profitability of small-scale and large-scale aseptic packaging companies. A shortfall in product supply created a demand and supply gap, which affected the growth of the aseptic packaging for food and beverages market. However, the aseptic packaging for food and beverages market is moving towards stability as the restrictions imposed by the governments of different nations are relaxed. Manufacturers are recovering from the losses as they are operating with full capacity supply chains. All these factors are boosting the aseptic packaging for food and beverages market growth significantly. Thus, the COVID-19 pandemic negatively impacted the aseptic packaging for food and beverages market in the short term, but later, it opened lucrative growth opportunities for the market.

The leading players 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 companies provide a wide range of product portfolio for the aseptic packaging for food and beverages market. These companies have a widespread global presence, which provides a strong potential to the market players to serve a large set of customers and increase the market share.

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Benefits Associated with Aseptic Packaging are Expected to Boost Market Growth

Aseptic packaging is a process in which a food or beverage product is packed under ultra-high temperature (UHT) and its package is disinfected or sterilized and then fused and sealed under disinfected atmospheric conditions to avoid contamination with bacteria and viruses. Containers, cartons, cans and other aseptic packages are produced using materials such as glass, plastic, or metal. Aseptic packaging increases the shelf life of packaged products. In addition, it is eco-friendly.

Table of Content:

1. Introduction
1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

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