The Europe aseptic packaging for food and beverages market is expected to grow from US$ 3,419.57 million in 2021 to US$ 4,748.29 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.
There are numerous benefits associated with aseptic packaging for food and beverage products. Aseptic packaging helps boosts the shelf life of the food and beverage products by an estimated six to twelve months without refrigeration. The increased product longevity offers manufacturers more time to ship and sell their products before they expire or lose flavor. The use of unique materials in aseptic packaging has made storing selected food and beverage products at ambient temperatures possible. Shipping and storing various products at ambient temperatures without refrigeration leads to an increased customer base for manufacturers because these products can be catered to retailers and food-service entities that do not have enough refrigerated storage space.
Aseptic packaging is lightweight and more compact than other traditional packaging types, allowing the manufacturers to decrease shipping costs by reducing shipping weight. The high-tech aseptic packaging process helps maintain and preserve the quality of food and beverage products. Quality preservation means that the taste, smell, and nutritional value will not be compromised, and consumers can rest assured that the food and beverage product will be of high quality.
The demand for convenience food products with long shelf-life, which are either free of or can delay bacterial contamination, has increased. Food preservatives are widely used in food production to increase the shelf life and preserve the quality of the product. However, consumers have raised awareness about the harmful effects of consuming processed foods with additives. Thus, there is a growing requirement to replace artificial preservatives with natural food ingredients with antimicrobial activity. However, natural ingredients are comparatively expensive, and aseptic packaging is preferred for packaging such expensive products, as they promise extended shelf life. Aseptic packaging complements natural ingredients, allowing a manufacturer to produce a natural, shelf-stable product. Thus, several benefits of aseptic packaging are driving the growth of the aseptic packaging for the food and beverages market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the aseptic packaging for food and beverages market growth at a notable CAGR during the forecast period
Europe Aseptic Packaging For Food and Beverages Market Revenue and Forecast to 2028 (US$ Million)
Europe Aseptic Packaging For Food and Beverages Market Segmentation
The market for Europe aseptic packaging for food and beverages market is segmented into type, application, and country. Based on type, the Europe aseptic packaging for food and beverages market is segmented into cartons, bottles and cans, sachets and pouches, and others. Based on application, the Europe aseptic packaging for food and beverages market is bifurcated into food and beverage. Based on country, the Europe aseptic packaging for food and beverages market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe.
Europe Aseptic Packaging For Food and Beverages Market—Companies Mentioned
Tetra Pak International SA ; Sealed Air, Great view Aseptic Packaging Company ; SIDEL GROUP; ECOLEAN AB ; Krones AG ; Syntegon Technology GmbH (Bosch Packaging Technology) ; Amcor plc. ; SIG Combibloc Group AG ; and IPI SRL are among the leading companies operating in the Europe aseptic packaging for food and beverages market.
Europe Aseptic Packaging for Food and Beverages Market Strategic Insights
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Europe Aseptic Packaging for Food and Beverages Market Segmentation Analysis
Europe Aseptic Packaging for Food and Beverages Market Report Highlights
Europe Aseptic Packaging for Food and Beverages Report Scope
How big is the Europe Aseptic Packaging for Food and Beverages Market?
The Europe Aseptic Packaging for Food and Beverages Market is valued at US$ 3,419.57 Million in 2021, it is projected to reach US$ 4,748.29 Million by 2028.
What is the CAGR for Europe Aseptic Packaging for Food and Beverages Market by (2021 - 2028)?
As per our report Europe Aseptic Packaging for Food and Beverages Market, the market size is valued at US$ 3,419.57 Million in 2021, projecting it to reach US$ 4,748.29 Million by 2028. This translates to a CAGR of approximately 4.8% during the forecast period.
What segments are covered in this report?
The Europe Aseptic Packaging for Food and Beverages Market report typically cover these key segments-
Type (Cartons, Bottles and Cans, Sachets and Pouches)
Application (Food and Beverage)
What is the historic period, base year, and forecast period taken for Europe Aseptic Packaging for Food and Beverages Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Aseptic Packaging for Food and Beverages Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Europe Aseptic Packaging for Food and Beverages Market?
The Europe Aseptic Packaging for Food and Beverages Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Aseptic Packaging for Food and Beverages Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
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Essentially, anyone involved in or considering involvement in the Europe Aseptic Packaging for Food and Beverages Market value chain can benefit from the information contained in a comprehensive market report.
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