From Protecting Food and Beverages to Pharmaceutical Products, Eliminating Need for Preservatives: Find out with FMI Why Bulk Aseptic Packaging is Growing in Importance across North America!
According to Future Market Insights (FMI), the North American bulk aseptic packaging market is estimated to reach a valuation of US$ 305.2 million in 2023. Over the next ten years, demand for bulk aseptic packaging in North America is projected to increase at 3.7% CAGR. By 2032, the total market value is likely to reach US$ 424.3 million.
The escalating demand for aseptic packaging solutions from the food and pharmaceutical sectors is acting as a catalyst triggering growth in the bulk aseptic packaging market.
Aseptic packaging refers to the process of sterilizing the packaging material and the contents separately and then filling the sterilized contents into the sterile package under aseptic conditions. This process helps in increasing the shelf life of the product and maintaining its nutritional value, taste, and quality.
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The demand for aseptic packaging solutions has been increasing rapidly in recent years due to the rising applications in packaged food and beverages, such as dairy products, juices, etc.
Growing concerns about food safety and the need to reduce food waste will also drive demand for aseptic packaging solutions.
Materials used in aseptic packaging are lightweight compared to most traditional packaging types. Not only does this help businesses in transit, it eases handling for the user as well.
Aseptic packaging uses lightweight and protective materials to reduce the shipping weight and eliminate the need to refrigerate products that require a cooler temperature during distribution.
Adoption of lightweight materials allows companies to cut down shipping costs by reducing shipping weight and eliminating the need to refrigerate products that generally need cooler environments during distribution.
Key Takeaways from North America Bulk Aseptic Packaging Market
“The expansion of the food industry in North America is expected to amplify the overall sales of bulk aseptic packaging. This is due to the ability of this lightweight and eco-friendly packaging to extend shelf life of products and eliminate need for preservatives. Packaging companies that will offer bulk aseptic packaging solutions are likely to emerge as winners over the projection period.”– says a lead analyst at Future Market Insights (FMI)
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Ensuring Absolute Quality of Sterilization in the Pharmaceutical Industry
Aseptic packaging’s importance to the pharmaceutical market is perhaps even greater than within the food industry. This is because it ensures optimum sterility of medicines and medical devices.
Aseptic packaging allows companies to meet the stringennt requirement for devices and drugs to remain free of contamination. It offers players in healthcare the ability to ensure sterility in a range of growing areas, as well as protect medicines that may be sensitive to other forms of sterilization.
Pharmaceuticals sector presents a key growth opportunity for aseptic packaging manufacturers, which is likely to continue. Increasing use of biotechnology-based drugs and growing popularity of self-administered injectable medicine are key factors to influence adoption of aseptic packaging in healthcare sector.
Increasing Opportunities from Dairy Sector to Boost the Bulk Aseptic Packaging Industry
Aseptic packaging is increasingly being used to package milk and dairy products to increase their shelf life. These products have a low acid content, so they are vulnerable to microorganisms.
Techniques like ultra-high temperature processing of milk and dairy products are gaining popularity and driving the growth of the bulk aseptic packaging industry. The aseptic packaging process is carried out for 15-20 seconds, and the products are subsequently filled in sterilized containers.
Increased consumption of milk and dairy products has led to a rise in the adoption of aseptic packaging techniques. This trend is expected to continue during the forecast period, ensuring that the aseptic packaging process gains popularity.
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North America Bulk Aseptic Packaging Market by Category
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About FMI Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jul 05, 2023
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