Aseptic Packaging Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Aseptic Packaging Market is Segmented By Packaging Type (Bottles & Cans, Bags & Pouches, Cartons, Others), By Material (Paperboard, Metallized Film, Low-Density Polyethylene, Linear Low-Density Polyethylene, Nylon, Polyvinylidene Chloride, Ethylene Vinyl Alcohol, Others), By Application (Food, Beverage, Pharmaceutical, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Aseptic Packaging Market Overview

The global aseptic packaging market is expected to reach at a high CAGR during the forecast period (2023-2030).

Aseptic packaging can be described as filling, under aseptic conditions, a commercially sterile product into a sterile container and sealing the containers hermetically to prevent reinfection. This results in a product that, under atmospheric conditions, is shelf-stable. The aseptic packaging method is used for milk, yogurt, juices, cream, salad, liquid egg, deserts, and dressings. It is typically divided into three stages: thermal sterilization of the product, packaging material sterilization, and sterilizing atmosphere maintenance during packing. Aseptic packaging preserves the food's sanitation, protection, and nutrient content and helps preserve its freshness. In general, aseptic packaging is seen as a potent alternative for canning and preservatives to improve shelf life. Although there is a requirement for high initial investment specific to this process for material and packaging equipment, the ROI achieved due to the reduced costs of logistics and distribution of the cold chain and preservatives has allowed manufacturers to reap benefits within three to five years.

Aseptic Packaging Market Scope

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Aseptic Packaging Market Dynamics

The global aseptic packaging market is majorly driven by the increasing demand for ready-to-eat food products, a majorly young population due to a hectic lifestyle. Growing awareness among the consumer regarding the potential side-effects of food added preservatives and increasing demand for food products without added preservatives, and adopting natural food ingredients are creating immense opportunities for aseptic packaging in recent times.

Increasing demand of ready-to-eat food products majorly young population due to hectic lifestyle

Young consumers spend much of their money on ready-to-eat food items that are convenient. Most of the population in Europe is in the 18-35 age group, which is a strong indication of the increased demand for convenient food items. The easiest targets for ready-to-eat food processing giants are young customers. Food items that are ready to eat are considered the closest alternative to traditional foods that can be eaten at any time (such as during breakfast, lunch, or dinner). Regulatory authorities have taken various measures, such as ongoing promotional activities undertaken by the Singapore Health Promotional Board to raise awareness of frozen foods and fish products. Grofers, one of India's online grocery stores, announced a 170% sales rise in the ready-to-eat segment, 31% in the ready-made meals and mixes category, and 41% in the frozen food category, suggesting a sudden change from home-cooked food to ready-to-eat items for customers. These growing numbers are directly responsible for accelerating the demand for aseptic packaging and are expected to grow at the fastest growth rate in the coming tenure.

Growing awareness among the consumer regarding the potential side-effects of food added preservatives and increasing demand for food products without added preservatives, and adopting natural food ingredients are creating immense opportunities for aseptic packaging in recent times.

Food pollution levels have hit an all-new stage. And fresh fruits and vegetables are filled with chemicals and preservatives to maintain the flavor, freshness, and color of the foods. Considering the increased use of chemicals and preservatives, avoiding preservative food becomes of utmost importance in recent times. The government is taking the initiative to promote the side effects of excessive consumption of preserved food and started various campaigns to limit the positive impacts of consuming natural food ingredients, thereby improving the growth of aseptic packaging. There is an increasing necessity to substitute artificial preservatives with natural food ingredients with antimicrobial activity, according to a paper published by The Royal Society of Chemistry in 2011, titled 'Food & Functions.' However, natural ingredients are comparatively pricey, and aseptic packaging is favored for expensive product packaging because they offer extended shelf life. Natural ingredients are often complemented by aseptic packaging, which enables a producer to create a fully natural product and make it increasingly stable on the shelf.

For instance, in August 2019, Barentz strengthened its presence in Southern Africa by entering a joint venture (J.V.) with SK Chemtrade Services, a functional ingredients and product development supplier to F&B manufacturers in South Africa and neighboring countries.

The growing requirement of greater technology in packaging and variation in the environment across the globe is challenging the key players to build a bigger market for aseptic packaging in recent times.

 Advanced technological expertise is required to set up a plant for packaging products aseptically is another restraint for its growth. To establish an aseptic packaging plant, comprehensive knowledge related to this form of packaging and the end-use sector to which it is addressed is needed, as this requires careful handling at every stage. Therefore, manufacturers are not encouraged to enter the business of aseptic packaging. This element of aseptic packaging impedes business expansion. Technological advances are helping to simplify operating processes without human intervention in this market; this will be possible at very high costs. Furthermore, environmental mandates differ across countries for the packaging industry; this makes it very difficult for businesses to adhere to the packaging materials used in compliance with the legislation applicable in that particular country/region. The environmental mandates impact the vendors and the consumers, government, and commercial bodies, thereby hampering the growth of the market.

COVID-19 Impact Analysis

The aseptic packaging market is experiencing tremendous growth due to the spread of COVID-19. Customers turned to online shopping and panic stocking due to the lockdown, leading to a rise in demand for imported food products such as milk, baby food, and vegetables. In addition, food safety issues due to Covid-19 are increasing the need for aseptic packaging.  In the coming years, the customers would prefer disposable packaging to prevent themselves from more diseases, compel the vendors to think about sustainable aseptic packaging lines.

Aseptic Packaging Market Segment Analysis

The global aseptic packaging market is segmented based on packaging type, material, application and region.

Increasing demand from the food and beverage packaging industries is driving the usage of bottles & cans in the aseptic packaging market.

In terms of packaging type, the global aseptic packaging market is segmented into bottles & cans, bags & pouches, cartons and others. The bottles & cans segment is expected to hold the topmost position in the aseptic packaging market. The increasing demand from the food and beverage packaging industries drives the usage of bottles & cans in the aseptic packaging market. This market's growth is attributed to the increasing demand for beverages, especially from the dairy and juice packaging market. Glass bottles, such as for baby food, can be aseptically filled with food containing tiny particles. Jars may be filled with larger particles - 12mm cube size or larger -if one dimension is smaller. In a recent development, returnable bottles are aseptically full, used only for UHT-treated milk so far.

Aseptic Packaging Market Geographical Share

With the massive adoption of the technology, combined with rising food protection and shelf-life issues, Asia-Pacific becomes the fastest-growing region of the aseptic packaging market

Due to the massive adoption of the technology, Asia-Pacific is one of the fastest-growing aseptic packaging markets, combined with rising food protection and shelf-life issues. China, on the global stage, is also emerging as one of the dominating countries. China's demand for imported dairy products is anticipated to increase, according to the USDA. Nevertheless, it is expected that China's retaliatory tariffs on U.S. dairy products would make it difficult for U.S. dairy companies to take advantage of this situation, thus opening up an opportunity for local suppliers. Furthermore, over the forecast period, India is expected to be a key market with prime demand for the food and beverage industry. Over the forecast era, the growing demand for natural products without additives such as liquor, juices, and flavored milk in the area is expected to positively affect the industry's growth.

Aseptic Packaging Market Companies and Competitive Landscape

The aseptic packaging market is highly competitive with the presence of various global companies. Some of the key players contributing to the market's growth include Amcor plc, SIG combibloc group ltd, Greatview Aseptic Packaging Company, Bemis Company, Inc., Printpack, Molopak Llc, Ecolean AB, Lamican International Oy, Industria Macchine Automatiche S.P.A, Sealed Air and among others.

The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to the global aseptic packaging market. The key players favor acquisition and product launch as the growth strategy to build revenue for their business.

• For instance, in 2019, Amcor announced the successful acquisition of Bemis Company Inc. the acquisition aims to become the global leader in consumer packaging.

Sealed Air

Overview: For more than 30 years, Sealed Air has manufactured packaging solutions for the health care industry and is well-positioned to support packaging solutions for health care across the entire cold chain and logistics period, including the last mile of distribution. The company is located in Singapore, and its headquarters in Charlotte, North Carolina, these International Safe Transit Association (ISTA) Standard 20 certified labs can support customers globally. There are more than a dozen ISTA-certified laboratories and thermal transport laboratories across the company's global footprint, as well as 42 test sites worldwide that design, test, and certify packaging.

Product Portfolio: The company has a product portfolio of aseptic packaging that includes:

• Flavour Mark: The product contributes to improving product quality, taste and nutritional value due to the aseptic process exposing products to extreme heat for a short time. The package also promotes improved quality and shelf life by preventing oxidation.  The technology also improved efficiencies, reduced packaging waste and improved safety standards.

Key Development:

• On 16th February 2019, Sealed Air Corporation announced the acquisition news of MGM's flexible packaging business. The company is based in Manila, the Philippines, specializing in printing and laminating and providing flexible food packaging materials for consumer-packaged goods markets in Southeast Asia. To extend its printing and lamination capabilities and better serve customers throughout the Asia-Pacific region, Sealed Air plans to leverage MGM's expertise.

Why Purchase the Report?

• Visualize the aseptic packaging market segmentation by packaging type, material, application and highlight key commercial assets and players.
• Identify commercial opportunities in the aseptic packaging market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of aseptic packaging market-level 4/5 segmentation.
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• Product mapping in excel for the key product of all major market players

The global aseptic packaging market report would provide access to an approx: 61 market data tables, 65 figures and 180 pages.

Target Audience 2023

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