PUBLISHER: Verified Market Research | PRODUCT CODE: 1621991
PUBLISHER: Verified Market Research | PRODUCT CODE: 1621991
Aseptic Processing Systems Market size was valued at USD 73.8 Billion in 2023 and is projected to reach USD 130.6 Billion by 2030, growing at a CAGR of 7.90 % during the forecast period 2024-2030. Increasing demand for eco-friendly packaging and increasing government regulations on food safety rules is the factor driving the market growth of the Aseptic Processing Systems Market. The Global Aseptic Processing Systems Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Aseptic Processing Systems Market Definition
The aseptic product is placed in a sterile package and sealed under sterile conditions in the aseptic process. It began in 1914 with the development of pure filters in the wine industry. However, due to the unreliability of the machine, it was not commercially successful until William McKinley Martin helped develop the Martin system in 1948. In this system, liquid food was sterilized in the steps of holding and cooling after rapid heating in a tubular heat exchanger. The cans and lids were sterilized with superheated steam, and the sterilized containers were filled with a sterile liquid formulation. The lid was then sealed in a hot steam atmosphere. In the 1980s, hydrogen peroxide was used throughout Europe and the United States to sterilize the surface of polyethylene.
In sterility processing, heat treatment is based on achieving commercial sterility of more than one non-sterile pack for every 10,000 collections processed. The aseptic process uses a high-temperature short-time process that heats the food to a high temperature for a short time. Time and temperature conditions depend on several factors, including Food size, shape, and type. The HTST method enhances the retention of quality attributes such as vitamins, aromas, tastes, and textures while achieving the same level of sterility as traditional canning processes that heat foods at low temperatures for extended periods.
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Global Aseptic Processing Systems Market Overview
The primary factor driving the market growth is the increasing demand for eco-friendly packaging and increasing government regulations on food safety rules. In addition, it benefits the global Aseptic Processing Systems Market by maintaining the quality of the packaged contents and eliminating the need for preservatives. Governments in all regions of the world are increasing spending on the health sector. Reusing and recycling packaging materials has also received significant attention in recent years. Plastics play an essential role in the processing industry for functional and economic reasons.
As the concern for the environment grows, the Aseptic Processing Systems Market is expected to undergo positive market changes. Aseptic packaging is believed to use 60% less plastic than traditional packaging methods. Manufacturing, filling, shipping, and storage use less energy than most other packaging methods. The government enforces strict rules and regulations that prioritize product hygiene and safety. The need for aseptic production and packaging also contributes to the growth of this market.
The Food and Drug Administration has established new guidelines to meet the Food and Drug Administration's recent Good Manufacturing Practices. This has forced pharmaceutical companies to adopt sterile and sterile drug treatment methods. However, the fluctuating prices of raw materials used by packaging companies such as polymers, corrugated boards, paper, glass, aluminum, and steel are constraining the Aseptic Processing Systems Market. Also, the construction, manufacturing, oil, and gas industries were severely affected during the outbreak of COVID-19. Construction activities have also been suspended or restricted to a large extent. Manufacturing and transportation activities and their supply chains also hampered the globe's market growth.
The Global Aseptic Processing Systems Market is segmented on the basis of Product, Application, and Geography.
Based on Product, the market is segmented into Processing and Packaging. The packaging segment holds a large number of shares in the market because of the increasing demand for packaging machines and integrated filling machines, increasing consumer awareness, and increasing use as convenience food, which is the factor that boosts the market growth of the Aseptic Processing Systems Market.
Based on Application, the market is segmented into Food, Beverages, Pharmaceuticals, and Others. The beverage segment holds a large number of shares in the market because the extensive use of cartons and bottles in the milk and juice production industries is the factor that boosts the market growth of the Aseptic Processing Systems Market.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.