Driving Precision and Innovation: Pharmaceutical and Food & Beverage Sectors Propel Blow Fill Seal Technology Market Expansion

Blow Fill Seal (BFS) technology market is experiencing rapid growth due to its numerous advantages in pharmaceutical packaging. This innovative method involves forming, filling, and sealing containers in one continuous, automated process, ensuring superior product integrity and reducing contamination risks. BFS technology provides exceptional aseptic packaging for various liquid pharmaceuticals, such as eye drops, injectables, and oral solutions.

The market is witnessing significant demand from the pharmaceutical industry, driven by its cost-effectiveness, efficiency, and minimal human intervention, resulting in reduced chances of errors. Additionally, increasing focus on patient safety, shelf life extension, and streamlined manufacturing processes further fuel the market's expansion.

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Between 2022 and 2031, the global blow-fill-seal technology market is expected to develop at a 9 percent compound annual growth rate (CAGR). By 2031, it is predicted to have grown to US$ 6.2 billion. The global blow-fill-seal technology market is bound to grow on a vigorous note between 2022 and 2031 at a CAGR of 9%. It is expected to reach US$ 6.2 Bn by the year 2031.

Blow Fill Seal (BFS) Technology is revolutionizing the pharmaceutical and healthcare industry by providing a cost-effective, efficient, and reliable method of packaging liquid and semi-solid drugs. The BFS process involves the use of a single machine to blow a plastic container, fill it with a liquid or semi-solid product, and then seal it, all in one continuous operation. This technology offers several benefits over traditional packaging methods, including increased efficiency, reduced risk of contamination, and improved product stability.

The global Blow Fill Seal Technology market is expected to grow at a significant rate during the forecast period, due to the increasing demand for safe, efficient, and cost-effective packaging solutions in the pharmaceutical and healthcare industry. The rising adoption of BFS technology in the food and beverage industry is also driving the market growth. The increasing demand for ready-to-drink products, such as juices, sports drinks, and functional beverages, is propelling the growth of the BFS technology market in this sector.

The BFS technology market is segmented based on product type, application, and region. By product type, the market is segmented into linear BFS machines and rotary BFS machines. Linear BFS machines are expected to hold the largest share of the market due to their high efficiency and ease of use. By application, the market is segmented into pharmaceuticals, food and beverages, and others. The pharmaceutical segment is expected to dominate the market due to the increasing adoption of BFS technology in the pharmaceutical industry.

Geographically, the Blow Fill Seal Technology market is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to hold the largest share of the market due to the presence of a large number of pharmaceutical and healthcare companies in the region. The Asia Pacific market is expected to grow at the highest rate during the forecast period due to the increasing demand for BFS technology in the food and beverage industry in the region.

In conclusion, the global Blow Fill Seal Technology market is expected to grow at a significant rate during the forecast period due to the increasing demand for safe, efficient, and cost-effective packaging solutions in the pharmaceutical and healthcare industry. The increasing adoption of BFS technology in the food and beverage industry is also driving market growth. The rising demand for ready-to-drink products such as juices, sports drinks, and functional beverages is propelling the growth of the BFS technology market in this sector. The market is highly competitive and is expected to witness strong competition among existing and new market players in the coming years.

Blow fill seal (BFS) technology is highly sought-after as a preferred packaging solution in pharmaceutical manufacturing. It utilizes a single integrated machine to produce formulated drugs aseptically without any human intervention. According to Future Market Insights (FMI), the BFS technology market is set to reach US$ 2.6 Bn by the end of 2021. The overall growth forecast remains positive for the market, especially as demand for effective packaging technology continues to rise across various industries.

By using BFS technology, the plastic is blown, filled with the formulated product and sealed inside the machine continuously without any kind of external contamination. It is a fast, precise, and safe method for pharmaceutical filling and it uses lesser energy. The material used is often recyclable and more durable than glass. The machine is capable of producing different shapes according to the end user's requirements. As BFS technology increases processing speed and supports contamination-free packaging, this technology becomes a first choice of many end users.

Key Takeaways of Blow Fill Seal Technology Market Study

The BFS technology market is to exhibit 5.4% Y-o-Y growth in 2021
The U.S. will emerge as a highly lucrative destination, accounting for over 84% of the North American market
The U.K. is set to exhibit 8% Y-o-Y growth in 2021
France and Germany will emerge as highly lucrative markets for BFS technology in Europe
Japan and South Korea will continue exhibiting high demand

"Blow fill seal technology has been witnessing high demand from pharmaceutical companies in Latin America and the Asia Pacific. Unit dosage packaging, such as prefilled syringes are in high demand, which in turn is spurring the demand for blow fill seal technology in these regions" says an FMI analyst.

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Blow Fill Seal Technology Aids in Curbing Medical Non-Adherence Issues

Over the past two decades, medical adherence has created a very critical situation for the healthcare & pharmaceutical industry.

For instance: in USA, according to FMI study, it has been noticed that ~40%-50% of prescribed medications are not taken by the patients appropriately. Along with this, according to a study conducted by the Intercontinental Medical Statistics (IMS) health, it has been noticed that the matter of not taking medicine appropriately at right time is costing patients more than $200 Bn.

To contain the issue, the pharmaceutical industry is continually making efforts for improving medication packaging. The industry is focusing on appropriate and easy packaging for ensuring the matter of "right dose at right time".

Against this backdrop, the demand for technologies that can instruct the patients to take accurate dose in a timely manner is rising. Companies, especially in North America are adopting blow fill seal technology to help to ensure better drug intake in a single dose.

Blow Fill Seal Technology Market Landscape -Unither Pharmaceuticals SAS, Catalent, Inc., Curida AS, Unipharma LLC, Weiler Engineering Inc, GlaxoSmithKline plc, Takeda Pharmaceuticals International AG, Nephron Pharmaceuticals Corporation, Horizon Pharmaceutical Inc, Brevetti Angela S.R.L, Recipharm AB, Laboratorios SALVAT, S.A, The Ritedose Corporation, Unicep Packaging, LLC, Pharmapack Co. Ltd, Amanta Healthcare Ltd., Automatic Liquid Packaging Solutions LLC, Asept Pak, Inc and SIFI Spa are some of the keyplayers in the blow fill seal technology market. The blow fill seal technology market is fragmented and the Tier 1 players in the market hold 40-45% share in the global blow fill seal technology market.

Blow Fill Seal Technology Market by Category

-By Product Type:

Bottles
         0.2-100 ml
         100-500 ml
         Above 500 ml
         0.1-10 ml
         10-100 ml
         0.1-10 ml
         10-50 ml
Ampules
Vials
Others(prefilled syringes & Injectables)

-By Material Type:

PE
         LDPE
         HDPE
PP
Others

-By End Use:

Pharmaceuticals
         Ophthalmic
         Injectables
         Biologics
         Wound Care
         Respiratory
Food & Beverage
Cosmetics & Personal Care
Others

-By Region:

North America
Latin America
Asia Pacific Excluding Japan
Eastern Europe
Western Europe
Japan
Middle East and Africa (MEA)

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

This release was published on openPR.