Aseptic packaging is the process of filling sterile products into the sterile containers, within the aseptic chambers and environment. A significant number of advantages offered by this process has led to an increased usage of aseptic packaging products across food, beverage, and pharmaceutical industries. The expanding food and beverage industry coupled with a shifting trend towards food and beverages without preservatives is expected to be the prime driver for the growth of the market during the forecast period.
Shifting Trends Towards Foods and Beverages Without Preservatives Is Driving the Growth of the Market During the Forecast Period
Today, preservatives have been widely used to extend the shelf life of various products. However, many of the preservatives, which are approved by many authorities around the globe are capable of causing multiple health hazards. This has led to people avoiding the adoption of products that use them. There are also alternative thermal sterilization techniques such as Ultra High Temperature (UHT) processing which eliminate the use of preservatives, but it also requires pre-sterilized packaging solutions in the form of aseptic packaging, which is expected to drive the growth of the aseptic packaging market. Furthermore, multiple food preservatives, such as Sodium Nitrate and Sodium Nitrite, have also been linked to cancer, but are allowed in smaller quantities in many countries. This has further increased the demand for the avoidance of any forms of preservatives in foods and beverages and is snowballing the demand for other forms of treatment and aseptic packaging solutions for their packaging.
Packaging Material Insight
By packaging material, the global aseptic packaging market is segmented based on paper, plastic, glass, and metal. Paper is expected to hold a significant share in the market and is also projected to grow at the exponential rate owing to the heavy regulations regarding the promotion of renewable and sustainable packaging in various parts of the world. Also, developed economies around the world have recently committed to creating 100% renewable, compostable, and recyclable packaging by 2025, positively impacting the demand for paper-based aseptic packaging. In addition to this, the paper is also preferred as the outer layer as it makes it easier to be printed on and increase the aesthetic appeal of the product. Multiple key players are also focusing on producing aseptic packaging solutions catering to this need for multiple foods and beverage manufacturers. Additionally, both plastic and glass segments are also expected to hold a substantial share in the market due to their growing applications in various industry verticals such as food and beverage, pharmaceuticals and healthcare, cosmetics among many more. Besides, plastic packaging is also heavily used in other food and beverage packaging juices, and multiple other beverages are commonly packed in bottles made out of PET (Polyethylene Terephthalate). The changing lifestyle and preferences of convenient and easy to carry packaging solutions have resulted in a rise in the consumption of such beverages, resulting in a further rise in usage of plastic for aseptic packaging in overall packaging industry. However, metal is projected to hold a nominal share in the market and is also seen to grow at the marginal rate in the coming years.
By Application, Aseptic Packaging for Food and Beverage Segment Is Holding a Significant Share
Food packaging and beverage packaging held a significant market share owing to the high adoption of processed foods and the trend towards the adoption of aseptic packaging solutions due to the numerous advantages it offers. Aseptic packaging is used by the beverage manufacturers for a variety of purposes including improving the shelf life, cost- efficiency, and the quality of the product at room temperatures. In addition, a rising number of supermarkets in the region and convenience offered by aseptic packaging to consumers boost the demand for this packaging technique.
Source: Organisation for Economic Co-operation and Development
The trend towards the adoption of aseptic packaging solutions due to its faster-processing speed and cost-efficiency due to its ability to relatively lower the logistics and storage cost is one of the major factors driving the demand for this packaging technology for beverage technology. The manufacturers and food processors are increasingly investing in aseptic packaging to gain a competitive advantage. For instance, in March 2018, Nestle has launched its largest ready-to-drink aseptic products factory in the world in Anderson, Ind., with production dedicated to meet growing the United States consumer demand for Nestle Nesquik ready-to-drink and coffee-mate liquid products through various distribution channels. In addition, new players entering the market by providing beverages without the addition of any preservatives will add to the demand for aseptic packaging. Furthermore, increasing healthcare expenditure and growing health concerns are some of the major factors driving the demand for aseptic healthcare packaging. Furthermore, the aging population in countries like Japan, Italy, and Canada will add to the growing demand for pharmaceutical products, thereby augmenting the demand for aseptic packaging in the coming years.
Product Segment Insight
Cartons and boxes hold a substantial share in the market owing to rising demand for convenience and quality products coupled with growing disposable income in developing countries like China, India, and Brazil. Bottles are widely used in the beverage industry and the established dairy industry in developing countries like India, China, and Indonesia will further favour the aseptic packaging market trend during the forecast period.
Furthermore, aseptic pouches are widely used in the food industry particularly to store semi-liquid products. With the shift in consumer preference against the use of food preservatives, there is an increase in the adoption rate of aseptic pouches by the manufacturers in the country and thereby augmenting the demand for aseptic pouches packaging in the coming years.
February 2019, Sealed Air Corporation announced the acquisition of MGM, a specialist in printing and laminating in addition to providing flexible food packaging materials for consumer-packaged goods market in South East Asia. Following the acquisition, the company aims for the expansion of food packaging operations in Asia.
October 2018, SIG expands global partnership with Nestlé to Brazil. SIG has started supplying filling machines for 500, 750, and 1000ml combiblocMidi carton packs to Nestlé Brazil’s Molico and Ninho UHT milk.
October 2018, Tetra Pak acquired Big Drum Engineering GmbH, a leading supplier of filling machines for the ice cream industry to strengthen its product offerings for ice cream manufacturers. This deal further extends the company’s portfolio to provide end to end solutions for food and beverage companies around the world.
ABOUT THE AUTHOR:
Rajat Sudan is a Market Research Analyst at Knowledge Sourcing Intelligence, working on estimates and global/regional specific reports on multiple industries ranging from healthcare to automotive, with a special knack for packaging. With the addition of his formal education in Economics, Commerce, and Finance, he is able to provide more light on the macro aspects of the story. To read more articles by him, and for more information regarding multiple global markets,visit www.knowledge-sourcing.com.