Tag Archives: Aseptic Packaging Market Trends

Pharmaceutical Industry to Remain Most Valuable End-use Industry for Global Aseptic Packaging Market, reports TMR

Aseptic Packaging Market

With Tetra Pak alone accounting for a share of over 65%, the competitive landscape of the global aseptic packaging market features a markedly high level of consolidation and intense entry barriers for new vendors, reports Transparency Market Research in a recent report. The highly complex manufacturing process and requisition of high initial investments have also refrained many companies from venturing into the market for aseptic packaging so far.

Global Aseptic packaging Market Headed for Growth and Global Expansion forecast 2021

The Aseptic Packaging market is projected to surpass USD 67.5 billion by the end of 2021, growing at a CAGR of above 10.1% between 2016 and 2021. Aseptic packaging market can be defined as the packing the products into the sterile packs under the aseptic conditions and instantly sealing the products to prevent contamination. Aseptic packaging is primarily used for juices, dessert, drugs, puddings, dairy products, and, chemicals among others. The air present inside the packs is removed completely using vacuum machines as air can cause oxidation reactions which can lead to the spoilage of food. The major factor driving the market growth is the growing demand for aseptic packaging from the healthcare sector, easy distribution and storage for food and beverages, as well as drug sterility requirements. The lacks of technological skill, huge initial capital investment are some of the major restraints for the aseptic packaging market.

Aseptic Packaging Market to reach US$80.49 bn by 2024 – TMR

With Tetra Pak alone accounting for a share of over 65%, the competitive landscape of the global aseptic packaging market features a markedly high level of consolidation and intense entry barriers for new vendors, reports Transparency Market Research in a recent report. The highly complex manufacturing process and requisition of high initial investments have also refrained many companies from venturing into the market for aseptic packaging so far.

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