DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Aseptic Processing Market - Global Forecast to 2022" report to their offering.
The aseptic processing market is classified into two parts, namely, packaging market and equipment market. The equipment market has grown rapidly in the last few years and is projected to reach USD 12.24 billion by 2022, growing at a CAGR of 3.8% from 2017, in terms of value, and the packaging market is projected to reach USD 77.25 billion by 2022, growing at a CAGR of 10.6% from 2017, in terms of value.
Increase in preferences for eco-friendly packages, improved equipment and technologies in the packaging industry, growth in demand for pharmaceutical supplies, rise in demand for convenience & quality food products, and growth of the dairy beverage market are the factors driving the demand for aseptic processing market. However, higher initial capital investment involved in equipment and need for higher technological understanding than other packaging forms restrain the growth of the market.
Emerging economies such as China, India, Brazil, Argentina, and Russia are expected to account considerably to the global growth for aseptic processing (packaging and equipment) market in the upcoming years. Growth in these countries is mainly driven by the favorable demographics, rise in household incomes, and busy lifestyles of consumers, inclining them toward ready meals, particularly processed foods.
Equipment manufacturers and suppliers are attempting to offer innovation in their equipment categories with integrating processing equipment in the filling or packaging equipment. Packaging manufacturers and suppliers are pursuing growth strategies in emerging economies by diversifying their product offerings and strengthening their distribution base. These companies can increase their presence by serving their customers in untapped regions such as Asia, Latin America, the Middle East, and Africa. Growth in these developing regions over the next few years will result in opportunities for business expansion.
- AMCOR Limited
- Becton, Dickinson and Company
- E.I. Du Pont De Nemours and Co.
- GEA Group
- Greatview Aseptic Packaging Co., Ltd.
- Industria Macchine Automatiche S.P.A.
- JBT Corporation
- Robert Bosch GmbH
- SPX Flow, Inc.
Tetra Laval International S.A.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Packaging Market, By Type
7 Packaging Market, By Application
8 Packaging Market, By Material
9 Packaging Market, By Region
10 Equipment Market, By Type
11 Equipment Market, By Application
12 Equipment Market, By Region
13 Competitive Landscape
14 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/pcg457/aseptic