Industry Background:
Rising production of milk in developing countries will lead to an expansion in dairy products and, as a result, will positively influence the aseptic packaging in the food products market in the region over the next few years. Aseptic packaging is a special manufacturing method in which food or other contents and substances are sterilized discretely from the packaging. The contents and substances are then injected into the vessel in a sterile and germ-free atmosphere. The rising demand for convenience and quality food products and increasing demand for ready-to-eat and ready-to-use products are also expected to improve the market growth rate.
This growth is primarily driven by Prominent growth in the food & beverage industry and The shifting consumer preferences towards more hygienic and safe packaging methods of ready to eat food items.
Globally, a noticeable market trend is evident Increase In Urban Population
. The Paper Packaging sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as E.I. du Pont de Nemours and Company (United States), Robert Bosch GmbH (Germany), Tetra Laval International S.A. (Switzerland), Reynolds Group Holdings Limited (New Zealand), Amcor Limited (Australia), Becton, Dickinson and Company (United States), Bemis Company, Inc. (United States), Greatview Aseptic Packaging Co., Ltd. (China), IMA S.P.A (Italy) and Schott AG (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
February 2019 - Sealed Air Corporation acquired MGM’s flexible packaging business. MGM is a privately held company headquartered in Manila, the Philippines. Founded in 1982, MGM specializes in printing and laminating and provides flexible food packaging materials for consumer-packaged goods markets in Southeast Asia.
Market Drivers
- Prominent growth in the food & beverage industry
- The shifting consumer preferences towards more hygienic and safe packaging methods of ready to eat food items
Market Trend
- Increase In Urban Population
- Growth In Demand For Convenience And Quality Food Products
- Shift In Consumer Preference Against The Use of Food Preservatives
Restraints
- High Initial Capital Investment Involved
Opportunities
The emergence of New Product Developments and Increasing Demand for Longer Shelf-life of Products
Challenges
The Stringent Government Regulation Regarding Food Packaging
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Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
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Against this Challenging Backdrop, Aseptic Packaging in Food Study Sheds Light on
The Aseptic Packaging in Food Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Aseptic Packaging in Food industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aseptic Packaging in Food industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.