According to the MarkNtel Advisors’ research report, “Global Aseptic Packaging for Food & Beverage Market Analysis, 2021,” the market is likely to grow at a CAGR of 9.9% during 2021-26. The food & beverage manufacturing companies use aseptic packaging to wrap different products & beverages and reduce their overall distribution cost. The expanding investments toward packaged food and its rapidly surging number of consumers coupled with multiple technological advancements are prime factors driving the market growth.
Key questions answered in the study
Beverage Segment to Witness the Fastest Growth
Based on the application, the Beverage segment held a considerable market share of 35.17% in the previous few years and is likely to continue its dominance in the forecast years due to the rapidly growing demand for dairy products. The dairy beverage market and the increasing demand for convenience & quality food products are among other crucial factors likely to fuel the market growth.
“Global Aseptic Packaging for Food & Beverage Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Aseptic Packaging for Food & Beverage providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which would help companies formulate 'Go to Market' strategies and identifying the blue ocean for their offerings.
Asia-Pacific to Witness the Fastest Growth
The Asia-Pacific market is likely to witness the fastest growth in the Global Aseptic Packaging for Food & Beverage Market during 2021-26 due to the flooding population in countries like China & India and the surge to fulfill the many demands of people. Many reputed firms are making a gradual shift in the Asia-Pacific region due to the burgeoning market statistics. Furthermore, the changing lifestyle of people entwined with massive investments by leading market players is also propelling the overall regional growth. Therefore, based on these factors, Asia-Pacific shall actively contribute to the Global Aseptic Packaging for Food & Beverage Market growth in the forecast period, reveals MarkNtel Advisors in their research report, “Global Aseptic Packaging for Food & Beverage Market Analysis, 2021.”
According to MarkNtel Advisors, the major leading players in the Global Aseptic Packaging for Food & Beverage Market are Tetra Pak International SA, Amcor Limited, Sealed Air Corporation, SIG Combibloc Group, Bemis Company Inc., Schott AG, Coveris Holdings SA, DS Smith PLC, Elopak AS, Mondi PLC, Becton, Dickinson & Co., Ecolean AB, IPI S.r.l, Krones AG, Syntegon Technology GmbH, UFlex Limited, WestRock Company