The aseptic processing market was valued at $73.4 billion in 2020, and is expected to reach $133.1 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030. Aseptic processing is a process in which a pharmaceuticals, cosmetics, beverages and food product, such as ultra-high temperature (UHT) milk, complex liquid drug and its package both are sterilized or disinfected discretely and then fused and sealed under sterilized atmospheric conditions.
Aseptic processing involves utilization of plastic, glass, paperboard, or metal for packaging. These materials are extensively used to form cans, containers, cartons, and other aseptic packages. Plastic is among one of the highly used materials for aseptic processing due to its innovative visual appeal and various usage. Aseptic processing offers unique benefits, which include increased shelf life, eco-friendliness, maintains quality of contents, and no preservatives, which acts as a boon for the global aseptic processing market.
The market is majorly driven by the increased growth in the pharmaceutical industry majorly in emerging markets such as China and India. In addition, the pandemic has created an enormous demand for serialized packaging all around the world. Therefore, the production of the COVID-19-vaccine at a massive scale in numerous nations across the globe has considerably impacted the market scenario. In addition, key players in the major countries such as Serum Institute of India, Pfizer are among other several pharmaceutical & biotechnology manufacturing companies which are consistently undertaking R&D and are developing vaccines with greater efficiency against the novel corona coronavirus, which is therefore leading to high rise in demand for aseptic processing in the countries.
Furthermore, the government of various countries has aimed to vaccinate majority of their residents by the end of 2021. Therefore, the rapidly growing pharmaceutical industry around the globe is leading to rise in demand for aseptic processing. Moreover, the rise in intricacy of drugs and the surge in number of patients suffering with diseases such as diabetes, leads to rise in demand for vials and ampoules. According to the World Health Organization (WHO), approximately more than 422 million of patients are suffering from diabetes globally. Therefore, rise in health issues majorly in the highly populated countries leads to rise in demand for hygienic processing, which drives the market growth in the process.
Surge in global consumption of food & beverages fuels demand for aseptic processing, which propels the aseptic processing market. Moreover, developing packaging recycling rates worldwide fuels the aseptic processing market growth. In addition, aseptic processing is widely used in the beverages industry due to its cost-effectiveness, eco-friendliness, and recyclability nature. However, one of the significant restraints for the global aseptic processing market is uncertain prices of raw materials such as metals and plastics. On the contrary, rise in e-commerce sales offers lucrative growth opportunities for the global aseptic processing market. The global aseptic processing market is segmented on the basis of material, packaging type, end-user, and region. By material, the market is categorized into glass, metal, plastic, and paper & paperboard.
The plastic segment is anticipated to hold majority of the market share in 2020. According to the packaging type, the market is categorized into carton, bags & pouches, and bottles & cans, vials & ampoules, pre-filled syringes and others. The vials & ampoules segment is projected to dominate the global aseptic processing market throughout the forecast period.
On the basis of end-user, the global aseptic processing market is divided into food, beverages, pharmaceuticals and cosmetics. The food segment is projected to exhibit the highest growth rate during the forecast period. Region wise, the global aseptic processing market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the forecast period and is expected to grow at the fastest rate.
Aseptic processing involves utilization of plastic, glass, paperboard, or metal for packaging. These materials are extensively used to form cans, containers, cartons, and other aseptic packages. Plastic is among one of the highly used materials for aseptic processing due to its innovative visual appeal and various usage. Aseptic processing offers unique benefits, which include increased shelf life, eco-friendliness, maintains quality of contents, and no preservatives, which acts as a boon for the global aseptic processing market.
The market is majorly driven by the increased growth in the pharmaceutical industry majorly in emerging markets such as China and India. In addition, the pandemic has created an enormous demand for serialized packaging all around the world. Therefore, the production of the COVID-19-vaccine at a massive scale in numerous nations across the globe has considerably impacted the market scenario. In addition, key players in the major countries such as Serum Institute of India, Pfizer are among other several pharmaceutical & biotechnology manufacturing companies which are consistently undertaking R&D and are developing vaccines with greater efficiency against the novel corona coronavirus, which is therefore leading to high rise in demand for aseptic processing in the countries.
Furthermore, the government of various countries has aimed to vaccinate majority of their residents by the end of 2021. Therefore, the rapidly growing pharmaceutical industry around the globe is leading to rise in demand for aseptic processing. Moreover, the rise in intricacy of drugs and the surge in number of patients suffering with diseases such as diabetes, leads to rise in demand for vials and ampoules. According to the World Health Organization (WHO), approximately more than 422 million of patients are suffering from diabetes globally. Therefore, rise in health issues majorly in the highly populated countries leads to rise in demand for hygienic processing, which drives the market growth in the process.
Surge in global consumption of food & beverages fuels demand for aseptic processing, which propels the aseptic processing market. Moreover, developing packaging recycling rates worldwide fuels the aseptic processing market growth. In addition, aseptic processing is widely used in the beverages industry due to its cost-effectiveness, eco-friendliness, and recyclability nature. However, one of the significant restraints for the global aseptic processing market is uncertain prices of raw materials such as metals and plastics. On the contrary, rise in e-commerce sales offers lucrative growth opportunities for the global aseptic processing market. The global aseptic processing market is segmented on the basis of material, packaging type, end-user, and region. By material, the market is categorized into glass, metal, plastic, and paper & paperboard.
The plastic segment is anticipated to hold majority of the market share in 2020. According to the packaging type, the market is categorized into carton, bags & pouches, and bottles & cans, vials & ampoules, pre-filled syringes and others. The vials & ampoules segment is projected to dominate the global aseptic processing market throughout the forecast period.
On the basis of end-user, the global aseptic processing market is divided into food, beverages, pharmaceuticals and cosmetics. The food segment is projected to exhibit the highest growth rate during the forecast period. Region wise, the global aseptic processing market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific is expected to hold the largest market share throughout the forecast period and is expected to grow at the fastest rate.
Competition Analysis
The major players profiled in the Aseptic processing market include Robert Bosch GmbH, Du Pont De Nemours and Company, Tetra Laval International S.A, SPX FLOW, Inc., IMA S.p.A, Becton, Dickinson and Co, Amcor Limited, GEA Group, Greatview Aseptic Packaging Co., Ltd, JBT Corporation, Sealed Air Corporation, Sig, Combibloc Group AG, Schott AG. Major companies in the market have adopted strategies such as business expansion, partnership, acquisition, and product launch to offer better products and services to customers in the aseptic processing market.Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging aseptic processing market trends and dynamics
- In-depth aseptic processing market analysis is conducted by estimations for the key segments between 2021 and 2030
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework
- A comprehensive analysis of four major regions is provided to determine the prevailing opportunities
- The market forecast analysis from 2021 to 2030 is included in the report
- The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry
By Packaging Type
- Cartons
- Bottles & Cans
- Bags & Pouches
- Vials & Ampoules
- Pre-Filled Syringes
- Other
By Material
- Paper & Paperboard
- Plastics
- Metal
- Glass
By End-User Industry
- Beverages
- Food
- Pharmaceuticals
- Cosmetics
By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-pacific
- LAMEA
- Latin America
- Middle East
- Africa
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Aseptic Processing Market, by Type
Chapter 5: Aseptic Processing Market, by Material
Chapter 6: Aseptic Processing Market, by End-user
Chapter 7: Aseptic Processing Market, by Region
Chapter 8: Competition Landscape
Chapter 9: Company Profiles
List of Tables
List of Figures
Executive Summary
According to a new report titled, “Aseptic Processing Market by Packaging, Material and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global aseptic processing market size was valued at $73.4 billion in 2020, and is projected to reach $133.2 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030. The pharmaceuticals segment held more than 60% of the global aseptic processing market share in 2020, and is anticipated to witness substantial growth during the forecast period.The global aseptic processing market is expected to be driven by growth in adoption of aseptic processing in the food & beverages industry and rise in demand from health care industry. Key market players aim to discover new technologies and products to cater to growing customer demands. Business expansion and product launch are anticipated to allow them to enhance their product portfolios and enter into various regions.
Emerging countries offer remunerative opportunities to the global aseptic processing market players for development and expansion. For instance, in July 2019, Stora Enso in collaboration with EloPak developed a range of aseptic cartons and launched Pure-Pak. Pure-Pak is made from natural brown board wood fiber, which is a renewable material. Use of natural brown board wood fiber reduces carbon footprint during production and reduces weight of cartons.
One of the major factors that stimulate growth of the global aseptic processing market is surge in demand for recycled and affordable packaging products. However, uncertain prices of raw material is anticipated to hinder growth of the global aseptic processing market. On the basis of end-user, the pharmaceutical segment secured largest share in the global aseptic processing market in 2020, and the food segment is anticipated to grow at the highest CAGR during the forecast period.
In addition, outbreak of COVID-19 has led to halt in construction and manufacturing activities across the globe. Halt in logistics services has led to halt in the processing industry, which, in turn, hindered growth of the aseptic processing market for a very small period. However, industries are gradually back on track and vaccine discovery has led to recovery of the aseptic processing market by mid-2021.
Several players such as Amcor plc, DS Smith Plc, and Tetra Pak are expanding their business worldwide, owing to augmented customer base, improved effective operations, expanded geographical reach, and developed product portfolio. This is predicted to lead to development of the global aseptic processing industry.
Many major players in the global aseptic processing industry are designing their products considering convenience factors to increase their sales. For instance, Tetra Pak, a subsidiary of Tetra Laval, based in Sweden, which has designed its Tetra Gemina aseptic cartons in three different shapes, which are square, crystal, and leaf. Each shape allows 360 degrees of graphic design space and is attached with a pouring cap, named, HeliCap 27 or StreamCap 1000, which is resealable and is fixed at an angle such that it provides an optimal flow of beverages. Moreover, caps are manufactured using bio-based plastics, which makes the product 100% recyclable. All such factors provide convenience to customers during usage and to manufacturers as it is easy to recycle.
Key Findings Of The Study
- By type, the vials & ampoules segment was the highest revenue contributor in 2020
- By material, the plastic segment generated the highest revenue in 2020
- By end-user, the pharmaceutical segment generated the highest revenue in 2020
- By region, Asia-Pacific generated the highest revenue in 2020
- The report focuses on the food authenticity market growth prospects, restraints, and opportunities of the global Food Authenticity market. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the food authenticity market.Some of the major players profiled for in the aseptic processingmarket analysis include Robert Bosch GmbH, Du Pont De Nemours and Company, Tetra Laval International S.A, SPX FLOW, Inc., IMA S.p.A, Becton, Dickinson and Co, Amcor Limited, GEA Group, Greatview Aseptic Packaging Co, Ltd, JBT Corporation, Sealed Air Corporation, Sig, Combibloc Group AG, Schott AG
Companies Mentioned
- Robert Bosch GmbH
- Du Pont De Nemours and Company
- Tetra Laval International S.A
- SPX FLOW, Inc.
- IMA S.p.A
- Becton
- Dickinson and Co
- Amcor Limited
- GEA Group
- Greatview Aseptic Packaging Co., Ltd
- JBT Corporation
- Sealed Air Corporation
- Sig
- Combibloc Group AG
- Schott AG.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 290 |
| Published | February 2022 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 73.4 billion |
| Forecasted Market Value ( USD | $ 133.1 billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
