Aseptic Packaging for Non-Carbonated Beverages Market Key Players and Growth Outlook
The global market for aseptic packaging in non-carbonated beverages was valued at approximately US$ 1.85 billion in 2023 and is expected to grow to around US$ 2.82 billion by 2033. This growth represents a compound annual growth rate (CAGR) of 4.3% from 2024 to 2033.
Download Statistical Data: https://www.towardspackaging.com/download-statistics/5290
Key players in the aseptic packaging for non-carbonated beverages market are focusing on inorganic growth strategies, such as mergers and acquisitions, to advance technology for manufacturing aseptic packaging. This is expected to drive market growth in the coming years. As consumers increasingly opt for non-carbonated beverages that can be stored without refrigeration for longer periods, the appeal of aseptic packaging continues to rise.
Major Insights into the Aseptic Packaging for Non-Carbonated Beverages Market
- North America led the market in 2023.
- Asia Pacific is expected to experience significant growth in the market during the forecast period.
- The soft packaging segment is projected to grow at a notable rate over the forecast period.
- The functional drinks segment dominated the market in 2023.
Aseptic Packaging for Non-Carbonated Beverages Market Overview
Aseptic packaging for non-carbonated beverages is a method that keeps products sterile and free from harmful microorganisms, eliminating the need for preservatives. The process typically involves sterilization, maintaining an aseptic environment, filling, and sealing. This type of packaging offers several advantages, such as extended shelf life and the preservation of nutrients and flavors. It helps retain the natural taste, color, and nutritional value of beverages. Additionally, aseptic packaging is convenient for distribution and storage, as it allows products to be shipped and stored without refrigeration until opened. The global packaging industry is expected to grow from USD 1.20 trillion in 2022 to USD 1.58 trillion by 2032, with a compound annual growth rate (CAGR) of 3.16% from 2023 to 2032.
Expansion of Retail Channels to Boost Market Growth
The rise of e-commerce and a broader range of retail channels are making products more accessible, which in turn drives the adoption of aseptic packaging to maintain product safety during distribution. As companies expand into new markets, the need for durable, shelf-stable packaging that meets various regulatory standards increases the use of aseptic solutions. Aseptic packaging offers lightweight and portable options, which are attractive to on-the-go consumers, helping to boost the ready-to-drink beverage market.
With the expansion of retail channels and e-commerce platforms, consumers have greater access to a variety of beverages. Aseptic packaging makes it possible to ship products without refrigeration, making them ideal for online sales. Its durability and lightweight nature make it easy to transport, which aligns with the growing demand for convenient purchasing options. Consumers prefer products that are easy to store and carry, and aseptic packaging caters to this need.
As more consumers shop online, the demand for shelf-stable beverages that don’t require refrigeration continues to grow. Aseptic packaging meets this demand by ensuring product safety and quality. Retailers and online platforms are more likely to stock and promote products in aseptic packaging due to their longer shelf life and consumer appeal, creating more sales opportunities.
New Advancements in Aseptic Packaging for Non-Carbonated Beverages Industry
In November 2023, Tetra Pak, a leading Swedish food packaging and processing company, and Lactogal, a Portuguese company specializing in dairy products, fruit juices, and mineral water, launched an innovative aseptic beverage carton with a paper-based barrier. This new packaging is part of a major technological validation underway in Portugal, involving around 25 million packages. Made from 80% paperboard, the carton boosts its renewable content to 90%, reduces its carbon footprint by 33%, and has received Carbon Trust’s Carbon Neutral certification.
In April 2024, at the IntraPac 2024 exhibition, Shubham Flexible Packaging Machines, based in Faridabad, showcased a live demonstration of their new aseptic liquid packaging machine, the SPM Aseptica 24000.
Key Players in the Aseptic Packaging for Non-Carbonated Beverages Market
- Tetra Pak
- Greatview
- SIG
- Elopak
- Xinjufeng Pack
- Lamipack
- Bihai
- Coesia IPI
- Likang
- Ipack
- Skylong
Buy Premium Global Insight: https://www.towardspackaging.com/price/5290
Get the latest insights on packaging industry segmentation with our Annual Membership – https://www.towardspackaging.com/get-an-annual-membership
If you have any questions, please feel free to contact us at sales@towardspackaging.com
Browse our Brand-New Journal:
https://www.towardshealthcare.com
https://www.towardsautomotive.com
For Latest Update Follow Us: https://www.linkedin.com/company/towards-packaging/
Get Our Freshly Printed Chronicle: https://www.packagingwebwire.com/