
North America Aseptic Packaging for Food and Beverages Market
No. of Pages: 123 | Report Code: BMIRE00025339 | Category: Chemicals and Materials
No. of Pages: 123 | Report Code: BMIRE00025339 | Category: Chemicals and Materials
Demand for dairy products globally has been observed in recent years. According to a Dairy Outlook Report by the International Farm Comparison Network (IFCN), in 2018, 876 million tons of milk were being produced regionally. As per the US Department of Agriculture (USDA), dairy products are highly demanded in this country. Furthermore, dairy exports recorded in August 2021 were 13% higher than in August 2020, marking the seventh consecutive month of growth. A year ago, exports of nonfat dry milk-skim milk powder, dry whey products, and cheese were 15.4%, 9.2%, and 18.1% higher, respectively. Thus, the growing demand for dairy products has led to an increased focus on developing safe and hygienic packaging for such products.
Aseptic packaging is widely used for dairy products owing to its various benefits, such as extended shelf-life, lower energy costs, and the elimination of needed refrigeration during storage and distribution. It is also used as a packaging solution for ultra-high temperature (UHT) milk. Furthermore, the aseptically packaged UHT milk helps in providing complete protection against light and atmospheric oxygen. Aseptic packaging for milk helps preserve milk quality for a year without refrigeration. Moreover, aseptic carton bricks are being used as a packaging solution for cheese where the product is packed in liquid state; it is solidified during the process. Thus, the growing demand for dairy products is driving the aseptic packaging for food and beverages market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America aseptic packaging for food and beverages market growth at a notable CAGR during the forecast period
Strategic insights for the North America Aseptic Packaging for Food and Beverages provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 4,103.49 Million |
Market Size by 2028 | US$ 5,531.42 Million |
Global CAGR (2021 - 2028) | 4.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Aseptic Packaging for Food and Beverages refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North America Aseptic Packaging For Food and Beverages Market Segmentation
The market for North America aseptic packaging for food and beverages market is segmented into type, application, and country. Based on type, the North America aseptic packaging for food and beverages market is segmented into cartons, bottles and cans, sachets and pouches, and others. Based on application, the North America aseptic packaging for food and beverages market is bifurcated into food and beverage. Based on country, the North America aseptic packaging for food and beverages market is segmented into the US, Mexico, and Canada.
North America Aseptic Packaging for Food and Beverages Market—Companies Mentioned
Tetra Pak International SA ; Sealed Air ; Great view Aseptic Packaging Company; SIDEL GROUP ; ECOLEAN AB ; Krones AG ; Syntegon Technology GmbH (Bosch Packaging Technology) ; Amcor plc. ; SIG Combibloc Group AG; and IPI SRL are a few major companies operating in the North America aseptic packaging for food and beverages market.
The North America Aseptic Packaging for Food and Beverages Market is valued at US$ 4,103.49 Million in 2021, it is projected to reach US$ 5,531.42 Million by 2028.
As per our report North America Aseptic Packaging for Food and Beverages Market, the market size is valued at US$ 4,103.49 Million in 2021, projecting it to reach US$ 5,531.42 Million by 2028. This translates to a CAGR of approximately 4.4% during the forecast period.
The North America Aseptic Packaging for Food and Beverages Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Aseptic Packaging for Food and Beverages Market report:
The North America Aseptic Packaging for Food and Beverages Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Aseptic Packaging for Food and Beverages Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Aseptic Packaging for Food and Beverages Market value chain can benefit from the information contained in a comprehensive market report.