Aseptic Packaging Market to grow by 9.9% CAGR up to 2024.

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Aseptic Packaging Market to grow by 9.9 CAGR up
to 2024.
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• Overview

• Aseptic Packaging Market size will likely surpass
  USD 70 billion by 2024 according to a new
  research report by Global Market Insights, Inc.  
• Growing demand for packaged food due to
  consumers willingness to put in minimum effort
  on food preparation will propel market growth.
• Greater participation of women in workforce and
  growing dual person household incomes are
  propelling the demand for packaged food products,
  which in turn boosting the aseptic packaging
  market.
• In 2016, Asia Pacific is one of the leading
  regions favoring ready-to-eat food products,
  dairy products, frozen meals, cake mixes, and
  snacks, which will significantly affect the
  market towards growth in this region.
• Increasing consumption of packaged food products
  by consumers in the emerging countries, owing to
  rapidly changing lifestyles will positively
  influence the aseptic packaging market over the
  coming years.

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• Aseptic packaging products require less packaging
  materials, light weight, and easy to recycle.
  These features are making them most favorable
  packaging materials.
• Moreover, the sustainable properties such as
  product sterility, and longer shelf life offered
  by them would result in a significant growth of
  this market all over the world.
• Among all the products, carton packaging segment
  is currently growing in dairy applications, as it
  provides secure packaging, and further helps in
  extending shelf life of food products, by
  protecting it from oxidation.
• Food and beverages industry holds more than half
  of market share owing increasing applications in
  several liquid foods, ready to meals and beverage
  products.
• The food and beverage industry segment will grow
  significantly, as aseptically packaged products
  have good taste, with higher nutrition value and
  also lasts longer. This segment will grow at a
  CAGR of over X over the coming years.

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• 360 Analysis

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• Asia Pacific held a significant share in 2016 and
  is set to surpass USD xx billion by the end of
  forecast period.
• Increasing demand for dairy product packaging in
  dairy industry is set to fuel the regional
  aseptic packaging market growth.
• Europe will exhibit a decent growth rate over the
  projected period due to increasing demand for
  packaged food products.
• Key players present in the aseptic packaging
  market are Amcor Limited, DuPont., Tetra Laval
  International S.A, Krones AG, Scholle IPN,
  Lamican International Oy, Ecolean AB, Sealed Air,
  Goglio S.P.A, Agropur Cooperative, IPI, Printpack
  and others.

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Competitive Trends

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

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