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| Global Aseptic Processing Market Size |
Aseptic processing is a sterilization method applied to food and drink products
after they have been processed and packaged to maintain product quality and
extend shelf life without refrigeration. It involves applying heat to the
packaged products to eliminate any pathogenic microorganisms and extends shelf
life from days to months at room or refrigerated temperatures.
The global
Aseptic Processing Market is estimated to be valued at US$ 92.82 Bn in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends:
The increasing demand for extended shelf life food products is one of the major
factors fueling the growth of the aseptic processing market. Aseptic processing
allows packaged products to remain sterile indefinitely without refrigeration
until opened. This enables longer product availability with minimal wastage and
cuts down on supply chain and logistics costs related to refrigeration. With
changing lifestyles and increasing consumption of convenience food products,
aseptic packaging provides manufacturers an opportunity to widen their product
offerings with longer shelf life products while meeting consumer demands. The
ability of aseptic processing to maintain product quality and freshness for
months helps address challenges related to food waste and accessibility in
several regions worldwide.
Segment
Analysis
The global aseptic processing market is dominated by the food and beverage
sub-segment. The food and beverage sub-segment accounted for nearly 55% of the
overall market share in 2022. The high demand for dairy products like milk,
liquid food products, juices etc. especially with longer shelf life is driving
the adoption of aseptic processing in food and beverage industry.
Key Takeaways
Global
Aseptic Processing Market Size
is expected to witness high growth over the forecast period of 2023 to
2030. The market size is projected to reach US$ 92.82 Bn by 2024.
Regional analysis: The aseptic processing market in Asia Pacific region is
expected to grow at the fastest pace during the forecast period. Factors such
as increasing consumption of packaged food and beverages due to changing
lifestyles coupled with rising disposable income levels in developing economies
like China and India is driving the market growth. Additionally, growing
population, expanding middle class and greater need for food safety are also
favoring the regional market.
Key players
operating in the aseptic processing market are Amcor Limited, Becton, Dickinson
And Company, Robert Bosch Gmbh, Aran Packaging (Aran Group), Dizaynpak Baski Ve
Ambalaj Teknolojileri A.Ş., Ipi S.R.L., Sealed Air Corporation, and Schott Ag.
Amcor Limited accounted for over 20% of global market share in 2022 and remains
the largest player owing to its broad portfolio and global sales network.
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