Delta, BC -- (SBWire) -- 05/25/2021 --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 due to various technological advancements and the rising investments in packaged food owing to its demand from consumers. Nowadays, manufacturing companies safely wrap their products like eggs, sauces, and meal replacement beverages using aseptic packaging, which helps them reduce their distribution costs.
Key questions answered in the study
1. What are the current and future trends in the Global Aseptic Packaging in Food & Beverages?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Aseptic Packaging in Food & Beverages?
5. What is the customer orientation, purchase behavior, and expectations from the Global Aseptic Packaging in Food & Beverages service providers across various regions?
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Cartons Exhibits Largest Market Share
Based on the type, Cartons are likely to hold more than 35% of the market share in the forecast years due to the efficient handling they offer, damage-free approach, attractive design, and recyclability. They get manufactured with the help of paperboard, sheer layers of aluminum, and plastic. Furthermore, the growth of the dairy sector further leads the beverage industry to aspects like the rapidly escalating population and their changing dietary habits. Hence, Cartons shall actively exhibit a positive impact on the overall market growth during the forecast period.
Pharmaceutical Segment Exhibits Fastest Growth
Based on the application, the pharmaceutical segment of the Global Aseptic Packaging for Food and Beverage market shall witness the fastest growth in the coming years. The pharma industry uses plastic or glass to produce & sustain the sterility of pharmaceutical merchandise. Further, aseptic packaging also offers excellent safety against degradation, contaminants, and microorganisms.
"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 identify the blue ocean for their offerings.
According to MarkNtel Advisors, the major leading players in the Global Aseptic Packaging for Food & Beverage Market are Robert Bosch GmbH, E.I. du Pont de Nemours & Company, Tetra Laval International S.A., Amcor Limited, Reynolds Group Holdings Limited, Becton, Bemis Company, Inc., Dickinson & Company, Greatview Aseptic Packaging Co., Ltd.
Market Segmentation:
1. By Raw Material (Glass, Plastic, Aluminum, Paper)
2. By Product ( Carton, Bottles and Cans, Sachets and Pouches, Others)
3. By Application (By Pharmaceuticals (Pre-Fillable Syringes, Bottles, Vials and Ampoules, IV Bags) By Food (Dairy Foods, Meat, and Seafood, Processed Foods, Fruits and Vegetables, Soups and Broths, Baby Food, Other Food Products), By Beverages (Milk and Other Dairy Beverages, Ready-to-drink Beverages))
4. By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa)
5. By Country (U.S, Canada, Brazil, Argentina, Mexico, Germany, France, The U.K, The Netherlands, Spain, Italy, China, India, Japan, Australia, Saudi Arabia, South Africa)
6. By Competitors (Robert Bosch GmbH, E.I. du Pont de Nemours & Company, Tetra Laval International S.A., Amcor Limited, Reynolds Group Holdings Limited, Becton, Bemis Company, Inc., Dickinson & Company, Greatview Aseptic Packaging Co., Ltd.)
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.
We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.
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Global Aseptic Packaging for Food & Beverage Market Shall Attain 9.9% CAGR During 2021-2026
Global Aseptic Packaging for Food & Beverage Market Analysis 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.