Aseptic Packaging Market to grow by 9.9% CAGR up to 2024. Aseptic Packaging Market size will likely surpass USD 70 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing demand for packaged food due to consumers’ willingness to put in minimum effort on food preparation will propel market growth. Greater participation of women in workforce and growing dual person household incomes are propelling the demand for packaged food products, which in turn boosting the aseptic packaging market. In 2016, Asia Pacific is one of the leading regions favoring ready-to-eat food products, dairy products, frozen meals, cake mixes, and snacks, which will significantly affect the market towards growth in this region. Increasing consumption of packaged food products by consumers in the emerging countries, owing to rapidly changing lifestyles will positively influence the aseptic packaging market over the coming years.
Among all the products, carton packaging segment is currently growing in dairy applications, as it provides secure packaging, and further helps in extending shelf life of food products, by protecting it from oxidation.
Aseptic packaging products require less packaging materials, light weight, and easy to recycle. These features are making them most favorable packaging materials. Moreover, the sustainable properties such as product sterility, and longer shelf life offered by them would result in a significant growth of this market all over the world.
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