ASEPTIC PACKAGING MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

Aseptic Packaging Market Analysis

The aseptic packaging market is expected to grow at a CAGR of 9.1% over the forecast period. Growth in the aseptic packaging market is driven by the packaging material's ability to respond to the need for high and uniform product quality and higher nutrient retention. Aseptic packaging meets all of these requirements while increasing the shelf life of selected products by six to twelve months without refrigeration.

• Aseptic packaging is a strong substitute for canning and preservatives for increasing the shelf life of products. Though there is a requirement for high initial investment for material and packaging machinery specific to this process, the ROI achieved due to the reduced cost of cold chain logistics and distribution and preservatives has allowed manufacturers to reap benefits within three to five years.
• The demand from the pharmaceutical and healthcare industries is expected to witness substantial growth, aided by opportunities with heat-sensitive advanced injectable and infusion therapies and trends toward self-administration of injectable drugs for chronic conditions. Prefillable syringes help eliminate dosing errors and are expected to witness the fastest gains among all aseptic packaging product types.
• Furthermore, aseptic packaging has gained significant adoption with a growing need for sterile pharmaceutical drugs, medicinal products, and healthcare products to avoid the bare minimum of infection during their use or microbial degradation during their life. However, the high initial investment required for an aseptic packaging setup is expected to hamper the market's growth.
• The market is expected to be driven by emerging technologies in aseptic processing, such as advanced isolators, robotics, and packaging materials with higher barrier properties. These emerging technologies are anticipated to reduce contamination risks for sterile products and simplify packaging processes.
• The growth of the aseptic packaging market has been hampered by the COVID-19 pandemic in the initial days as production activities across the globe stopped. Since the lockdown, customers have shifted to online retail and panic stocking, which has increased demand for essential food items such as milk, baby food, and vegetables. Moreover, concerns regarding food hygiene due to COVID-19 are increasing the demand for aseptic packaging.
• However, as the world returns to normalcy, industries have resumed operations with new rules and regulations. With technological advancements in aseptic processing and rising demand in the food, beverage, and healthcare sectors, the market is expected to recover quickly. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem.

Aseptic Packaging Industry Segments

Food, pharmaceuticals, and other contents are sterilised separately from packaging via the specialised manufacturing process known as aseptic packaging. Then, the contents are put into the container in a sterile setting. The aseptic packaging market is tracked by the demand for aseptic packaging-based applications in corresponding end-user industry verticals and the revenue accrued from the sales of these aseptic packaging products offered by vendors operating in the market. The impact of COVID-19 has also been taken into consideration for current market estimation and future growth projection.​

The market is segmented by pharmaceutical type (pre-fillable syringes, bottles, vials and ampoules, and IV bags), beverage type (fruit beverages, milk and other dairy beverages, and ready-to-drink beverages), food type (dairy foods, processed foods, fruits and vegetables, soups and broths, and baby food), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa).

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

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Aseptic Packaging Market Trends

Growing Demand for Dairy Products and Beverages

• Aseptic packaging is widely used in the food and beverage industries, and its popularity has grown due to its benefits to brands. Sterile packaging of foods prevents infections and improves preservation, which is especially important for dairy products, which degrade quickly.
• Food producers have been looking for sustainable and environmentally friendly packaging for their products, as maintaining product quality and long shelf life has become essential. Thus, they are significantly adopting aseptic packaging through various strategic initiatives, such as partnerships, to ensure their products are safe and have a long shelf life. For instance, in January 2021, Daesang, one of the leading Korean health food producers, chose SIG’s Heat&Go, the world-leading microwaveable technology for aseptic carton packs, to launch its new Nucare Roasted Rice Winter Edition, which is a complete nutritional dairy supplement drink with roasted rice.
• The market for aseptic packaging is expanding in response to ongoing urbanization and consumer demand for shelf-stable and ready-to-eat products. Furthermore, as consumer interest in natural food and beverage products grows, so does the demand for aseptic packaging.
• The continuously growing demand for beverages is creating demand for aseptic packaging in the beverage industry. According to the US Census Bureau, the annual sales of retail food and beverage stores in the United States increased to USD 880.3 billion in 2021 from USD 850.2 billion in 2020.

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