Technavio Analyses Top Four Emerging Trends Impacting the Global Aseptic Packaging Market from 2016 to 2020
By Business Wire News
By Business Wire News
Technavio’s latest report on the global aseptic packaging market 2016-2020 provides an analysis on the most important trends expected to drive the market growth through 2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
The top four emerging trends in the globalaseptic packagingmarket are as follows:
Enhanced production capacity of vendors
Top vendors in the aseptic packaging market such as Tetra Laval are increasing their production capacity, which already stands at billions per annum. Technavio’s market research analysts also expect many other major vendors in the market to post a double-digit growth rate in their production capacity. Hence, the enhanced production capacity of vendors is expected to propel the growth of the global aseptic packaging market during the forecast period.
“The demand for aseptically packaged products has increased significantly over the years, which has further encouraged the vendors to increase their production capacity,” says Technavio’s leading research analyst, Sharan Raj.
Adoption of electrical resistance heating techniques
Conventional methods of heating products to kill microorganisms affect product quality and they are therefore being superseded by high-temperature short time (HTST) processing methods. Such methods subject products to intense high temperature, which considerably reduces heating time, thus preserving the nutrient value of the products. HTST techniques are mostly applicable to liquids.
Sharan Raj, Technavio’s research analyst says, “HTST processing methods are highly energy efficient as almost 90% of the electrical energy is transformed into heat. They are also environmentally viable as there is minimal consumption of fuel.”
“Many top companies are adopting these new processes as well as microwave heating and ultra-high pressurization techniques,” adds Sharan Raj.
Growth in demand for aseptic packaging from the dairy sector
Milk and dairy products require aseptic packaging to enhance their shelf life. These products are vulnerable to microorganisms as they have low acid content. The ultra-high temperature (UHT) treatment of milk and dairy products for 15-20 seconds and their subsequent filling in sterilized containers is a technique that is gaining popularity and driving the growth of the global aseptic packaging market.
“The growth in the consumption of milk and dairy products worldwide has led to increased adoption of aseptic packaging techniques. APAC continued to dominate market in the dairy sector, accounting for more than 35% of the global dairy market share in 2014.” says Technavio’s research analyst Sharan Raj M.
Increased demand of aseptic packaging from emerging markets
Most regions across the globe are witnessing increased demand for F&B products, especially dairy products, especially in developing countries such as China and India. Since dairy products are easily prone to contamination, they require protective packaging for increased shelf life. Thus, the dairy industry is expected to witness a rapid surge in the demand for aseptic packaging by 2017.
“The Food and Agriculture Organization of the UN estimates that nearly 42% of food produced in APAC is wasted, leading to financial losses for retailers and manufacturers. Hence, to overcome this problem, packaging vendors have come up with aseptic packaging, which maintains quality and increases the shelf life of F&B products,” says Technavio’s research analyst Sharan Raj M.
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