Aseptic Processing Market, By Packaging Type (Cartons, Bags & pouches, Vials & ampoules, Pre-filled syringes, Bottles & cans, Others), By Type (Packaging Type, Equipment Type), By Application (Food, Beverages, Pharmaceutical, Other), By Material Type (Paper and paperboard, Plastic, Metal, Glass and wood), And By Geography (North America, Europe, Asia Pacific, Latin America)-

Published In : Jul 2023

Code : CMI6076

Pages :145

Formats :

Excel and PDF

Industry : Packaging

Aseptic Processing MarketSize and Trends

The global aseptic processing market size was valued at US$ 85 billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 9.2% from 2023 to 2030. The global aseptic processing market is mainly growing on the account of increasing importance of shelf-life extension, growing tendency of manufacturers toward aseptic processing and the introduction of advanced technologies. Moreover, gradual rise in e-commerce sales globally, improved equipment and technologies in the packaging industry, and increasing preference for sustainable packaging are further anticipated to drive the global aseptic processing market.

Figure 1. Global Aseptic Processing Market, By Region (2023)

Global Aseptic Processing Market Trends:

Ongoing advancement in technology

Ongoing advancement in technology is expected to serve additional market opportunities for key players over the forecast period. For instance, in April 2022, SPX FLOW Inc., a provider of process solutions for the nutrition, health and industrial markets, announced a new APV Aseptic Rapid Recovery System that features steam barriers and pressurization. It is the first with this design for high-value and sensitive products.

Growth of consumption of beverages

Increasing consumption of beverages around the globe is another trend observed in the market. For instance, according to the technocrats, consumption of non- alcoholic beverages is expected to reach 790.4 billion liters by 2020, increasing from 668.0 billion liters in 2015.