Aseptic Packaging Market research report by 2017 to 2024

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Aseptic Packaging Market outlook, regional growth
industry share by 2024 Fractovia
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• Overview

• Aseptic Packaging Market, in recent years, has
  come to thrive as a rather profitable business
  space, owing to the increasing demands for
  processed and packaged food and disposable
  healthcare instruments like vials and prefilled
  syringes. With hectic work schedules and changing
  lifestyles around the globe, packaged food is
  steadily replacing home-cooked meals, a trend
  that has given a boost to the packaged food and
  beverages industry, indirectly propelling aseptic
  packaging market share.
• It is also prudent to mention that dual income
  households have led to consumers willing to pay
  more for healthier food packages, which would
  indeed provide a positive impetus to aseptic
  packaging industry size, estimated to register a
  9.9 CAGR up to 2024.
• Aseptic Packaging Market worth is estimated to be
  over USD 70 billion by 2024, driven by the huge
  demand from the food processing and packaging
  sectors. The demand for nutrient value retention,
  less per unit product cost, and uniform product
  quality have emerged as driving forces for
  aseptic packaging industry. Furthermore, these
  products facilitate easy dispensing and disposal
  and help combat the BPA (bisphenol A)
  controversy, which would substantially drive
  aseptic packaging market share over 2017-2024.

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• The term aseptic can be translated to mean the
  exclusion of any unwanted organisms from a
  typical food or pharmaceutical product. The
  aseptic process of packaging uses flash
  pasteurization and sterile packing of the product
  ensuring its lasting freshness and shelf
  stability. Aseptic packages are treated to
  withstand 127C and 100C for high and low acid
  products respectively, making them perfect
  containers for dairy and pharmaceutical products,
  inherently impelling aseptic packaging market.
• The product landscape of aseptic packaging market
  comprises cartons, bottles, vials, ampoules and
  pre-filled syringes. Bottles and cartons among
  these, are particularly deployed in the packaged
  food industry, the biggest end-user of the
  aseptic packaging market, which is appraised to
  witness 8 CAGR over 2017-2024. Emerging
  economies as well as developed nations are likely
  to contribute toward the growth of the packaged
  food domain, given the soaring demand for
  pre-packaged and ready-to-eat food worldwide.
• In consequence, aseptic packaging industry share
  from cartons has been forecast to attain the
  biggest share by 2024, with a CAGR anticipation
  of 9 over the forthcoming seven years. This
  growth projection can primarily be attributed to
  increasingly widespread use of aseptic cartons
  for packing dairy products as well as high acid
  content beverages.

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• 360 Analysis

• It is prudent to mention that aseptic packaging
  keeps these products fresher and preserves their
  original taste without the requirement of added
  preservatives. The desirability of consuming
  something that is unadulterated by preservatives
  has a greater appeal and benefit for the
  consumers. Thus, aseptic packaging industry has
  been gaining prominence due to increasing public
  awareness regarding the consumption of aseptic
  packaged food as opposed to food packed in cheap
  plastic containers. Given that governments around
  the globe are also in favor of aseptic carton
  packs owing to their recyclable and eco-friendly
  nature, aseptic packaging market share has been
  gaining mass appeal lately.
• Asia Pacific had been leading the aseptic
  packaging market in 2016, while its shares are
  expected to surpass USD 25 billion by 2024. Owing
  to rapid urbanization, advent of supermarkets and
  increasing proportion of the female workforce in
  countries like India and China, pre-packaged and
  ready-to-cook foods have gained mass popularity
  in APAC. The demand for foreign foods in local
  markets is also contributing to the growth of the
  aseptic packaging market in the region, state
  experts. Furthermore, the changing consumer
  preferences in countries like Indonesia and
  Australia will also help augment this business
  space across APAC.

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Competitive Trends

• The notable industries in Aseptic Packaging are
  
• Amcor Limited,
• DuPont.,
• Tetra Laval International S.A,
• Krones AG,
• Scholle IPN,
• Lamican International Oy,
• Ecolean AB,
• Sealed Air,
• Goglio S.P.A

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