The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Aseptic Processing Global Market Report 2023, The global aseptic processing market is expected to grow from $72.82 billion in 2022 to $77.2 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The aseptic processing market size is expected to grow to $94.57 billion in 2027 at a CAGR of 5.2%.

Asia-Pacific held the largest aseptic processing market share and was the fastest-growing region in 2022.

Aseptic Processing Market Driver

Growing demand for pharmaceutical supplies is expected to propel the growth of the aseptic processing market going forward. Aseptic packaging and processing equipment are vital components in the pharmaceutical industry, as they clean and sterilize products, containers, closures, and machine components prior to manufacturing, to maintain bacteria-free packaging and production process. The rapid growth in demand for pharmaceutical supplies due to a rise in awareness about various diseases, and an increase in self-medication practices, contributed to growth in pharmaceutical production activities and equally contributed to utilizing aseptic processing in production and packaging activities. For instance, according to The European Federation of Pharmaceutical Industries and Associations, a Belgium-based trade association and lobbying organization, in 2020 North America accounted for 49% of world pharmaceutical sales compared with 23.9% for Europe. Therefore, the growing demand for pharmaceutical supplies is driving the aseptic processing market.

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Key Aseptic Processing Market Segments

The global aseptic processing market is segmented –

1) By Equipment Type: Processing Equipment, Packaging Equipment

2) By Material: Paper & Paperboard, Metal, Glass, Plastic

3) By Application: Beverages, Food, Pharmaceuticals, Other Applications

Aseptic Processing Market Prominent Players

Major players in the aseptic processing market are Robert Bosch, EI Du Pont De Nemours and Company, Tetra Laval International, SPX Flow, IMA SpA, Becton Dickinson and Co, Amcor Limited, GEA Group, Greatview Aseptic Packaging Co, JBT Corporation, Sealed Air Corporation, SIG Combibloc Group, Schott AG, Shibuya Corporation, Powder Systems Limited, DS Smith PLC, Kwang Dah Enterprises, Mondi, and Elopak AS.

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Prominent Aseptic Processing Market Trend

The development of low-carbon footprint packaging is a key trend gaining popularity in the aseptic processing market. Low carbon footprint packaging also called sustainable packaging uses chemical-free, natural, and bio-based materials for aseptic packaging to reduce wastage and environmental impact. Rising pollution due to increasing carbon footprints has led to the increase in the development of low-carbon footprint materials for the packaging of products. Key players are focusing on sustainable aseptic packaging to attract customers and maximize revenue. For instance, in February 2022, EMD Serono, a Germany-based healthcare business of Merck KGaA launched slim pack fertility medication packaging. Slim Pack lowers the size of its fertility medication packaging by 40%. 100% recyclable packaging lowers this fertility medication’s global carbon footprint by 33%.

The Aseptic Processing Global Market Report 2023  provides comprehensive insights on the aseptic processing market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the aseptic processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Aseptic Packaging Global Market Report 2023

Wood Processing Global Market Report 2023

Ultra High Temperature (UHT) Processing Global Market Report 2023

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