Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 75.58 Billion | USD 125.09 Billion | CAGR at 5.88% | 2023 |
According to the report published by Zion Market Research, the global Aseptic Processing Market size was valued at USD 75.58 Billion in 2023 and is predicted to reach USD 125.09 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.88% during the forecast period. The report analyzes the global Aseptic Processing Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Aseptic Processing Market industry.
To maintain the sterility of the food products or the pharmaceutical items they are packed within a sterile container that helps in maintaining its sterility efficiently. The methodology through which this process is done is known as aseptic processing. A process of flash heating amid the temperature range of 195° and 295°F in which nutrients are recollected and less amount of energy is employed as compared to the traditional methods in order to maintain the sterility. In this method of aseptic food preservation, the storage of processed food is extended without using the preservatives. Aseptic packages generally use a mix of polyethylene, aluminum, and paper.
The global aseptic processing market is segmented into its type and application on the basis of the equipment.
On the basis of type, the market is segregated into packaging and processing.
Based on the application, the market is categorized into food and beverages and industrial.
Depending on the food and beverages segment, the market is further sub-segmented into dairy and beverages, convenience food, bakery and confectionery, poultry, seafood, and meat products, and fruits & vegetables. The industrial segment is sub-divided into cosmetics and pharmaceuticals.
The global aseptic processing market will experience an exponential growth over the coming years owing to the increase in the focus on the environment-friendly packaging and development in the equipment and technologies in the packaging industry. The market expects to be benefitted by the rising demand for convenience and quality food products, increasing need for supplies of pharmaceutical, and the major progress in the market of dairy beverage. In packaging segment, paper and paperboard expect to lead the aseptic processing market in the coming years.
This is owing to the benefits that paperboard can be cut and processed easily and is both lightweight and strong, hence making it a perfect material for packaging. Availability of paperboard is in diverse grades with unique qualities. The grades are selected based on the requirement of the respective packaging. However, the market will be negatively affected owing to the high initial capital investment required for purchasing the equipment and the need for advanced knowledge of the technology.
Report Attributes | Report Details |
---|---|
Report Name | Aseptic Processing Market Research Report |
Market Size in 2023 | USD 75.58 Billion |
Market Forecast in 2032 | USD 125.09 Billion |
Growth Rate | CAGR of 5.88% |
Number of Pages | 201 |
Key Companies Covered | Greatview Aseptic Packaging Co. Ltd., Amcor Limited, Dickinson and Co., Tetra Laval International S.A., Robert Bosch GmbH., JBT Corporation, GEA Group, Becton, and E.I. Du Pont De Nemours and Company. |
Segments Covered | By Type, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Geographically, the aseptic processing market is diversified into Asia-Pacific, Europe, North America, South America, and Rest of the World. The regions that are expected to contribute the major share in the global aseptic market are South America and Asia Pacific. The emerging countries in these regions such as Brazil, Argentina, India, and China are likely to contribute considerably to the revenue of the aseptic processing market in the coming years. The growth of the markets in the regions can be attributed primarily to the shift of the consumers towards processed and ready-to-eat meals, the hectic lifestyles of consumers, the increase in the household incomes, and positive demographics.
Some of the key market players that are involved in the aseptic processing market include:
By Type
By Application
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