The Middle East & Africa aseptic packaging for food and beverages market is expected to grow from US$ 1,111.36 million in 2021 to US$ 1,655.46 million by 2028; it is estimated to grow at a CAGR of 5.9% from 2021 to 2028.
The increased use of plastic packaging in the food & beverage industry has harmful environmental impacts. As a result, the focus on developing sustainable and environmental-friendly packaging has increased. The brands are increasingly focusing on being transparent about their efforts and helping educate consumers on the disposal of packaging after use to create a genuine, long-term impact on the sustainability agenda.
As per a survey conducted by McKinsey and Company, 75% of millennial respondents consider sustainability during their purchases. The new generation of aseptic production and packaging solutions focuses on providing sustainable and eco-friendly solutions that will include minimal resource consumption and lower levels of product loss. For instance, Tetra Pak, a food processing and packaging solutions company, developed the world’s first aseptic carton package certified for using materials from renewable sources. This recyclable aseptic package is made from renewable resources and includes the use of Forest Stewardship Council (FSC)-certified paperboard. This solution with plant-based caps and layers helps reduce carbon dioxide (CO2) emissions by 23% compared to a standard package. Similarly, SIG, a system and solutions provider for aseptic packaging, has developed SIGNATURE EVO, the world’s first aluminum-free complete barrier packaging materials for aseptic carton packs, which will help in reducing the carbon footprints. Thus, due to the increased focus on the environment, it is expected that there will be an increased focus on creating sustainable and eco-friendly aseptic packaging for food and beverages in the coming years.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa aseptic packaging for food and beverages market growth at a notable CAGR during the forecast period.
Middle East & Africa Aseptic Packaging For Food and Beverages Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Aseptic Packaging For Food and Beverages Market Segmentation
The market for Middle East & Africa aseptic packaging for food and beverages market is segmented into type, application, and country. Based on type, the Middle East & Africa aseptic packaging for food and beverages market is segmented into cartons, bottles and cans, sachets and pouches, and others. Based on application, the Middle East & Africa aseptic packaging for food and beverages market is bifurcated into food and beverage. Based on country, the Middle East & Africa aseptic packaging for food and beverages market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa.
Middle East & Africa Aseptic Packaging for Food and Beverages Market—Companies Mentioned
Tetra Pak International SA ; Sealed Air ; Great view Aseptic Packaging Company ; ECOLEAN AB ; Krones AG ; Syntegon Technology GmbH (Bosch Packaging Technology) ; Amcor plc. ; and SIG Combibloc Group AG are among the leading companies operating in the Middle East & Africa aseptic packaging for food and beverages market.
Middle East and Africa Aseptic Packaging for Food and Beverages Market Strategic Insights
Get more information on this report
Middle East and Africa Aseptic Packaging for Food and Beverages Market Segmentation Analysis
Middle East and Africa Aseptic Packaging for Food and Beverages Market Report Highlights
Middle East and Africa Aseptic Packaging for Food and Beverages Report Scope
How big is the Middle East and Africa Aseptic Packaging for Food and Beverages Market?
The Middle East and Africa Aseptic Packaging for Food and Beverages Market is valued at US$ 1,111.36 Million in 2021, it is projected to reach US$ 1,655.46 Million by 2028.
What is the CAGR for Middle East and Africa Aseptic Packaging for Food and Beverages Market by (2021 - 2028)?
As per our report Middle East and Africa Aseptic Packaging for Food and Beverages Market, the market size is valued at US$ 1,111.36 Million in 2021, projecting it to reach US$ 1,655.46 Million by 2028. This translates to a CAGR of approximately 5.9% during the forecast period.
What segments are covered in this report?
The Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa Aseptic Packaging for Food and Beverages Market?
The Middle East and Africa 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 Middle East and Africa 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.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East and Africa Aseptic Packaging for Food and Beverages Market value chain can benefit from the information contained in a comprehensive market report.
Get Free Sample For Middle East and Africa Aseptic Packaging for Food and Beverages Market
