Market Trends of North America Aseptic Packaging Industry
This section covers the major market trends shaping the North America Aseptic Packaging Market according to our research experts:
Beverages Segment is Expected to Hold a Significant Market Share
- The beverage segment of the market is expected to hold a significant market share during the forecast period. This segment has an industry share of 51.16% as of 2020.
- Consumers in the market are becoming increasingly conscious of health and wellness. This has created high demand for cost-effective packaging solutions in the fruit-based beverage segment. This demand for fruit juices and beverages is expected to grow decently over the forecast period. The use of aseptic packaging for these products improves the shelf-life. The recent new packaging method provides shelf-stable fruit juices.
- Companies are adopting various types of aseptic packaging for fruit-based beverages, such as pouch packaging and bag-in-box packaging. These are being designed to keep in mind the end-user application. For instance, Scholle IPN offers Institutional Bag-in-Box for fruit beverages. This packaging safely dispenses fruit juice with closed-loop systems that minimize contamination chances while in use and extend freshness upon opening. These products are designed especially for fast-paced foodservice operations.
- With more consumers' demand for foods and beverages that they perceive as supporting their health potential, the yogurt category is witnessing demand growth in the region. As a result, increasing demand for aseptic packaging.
- Lately, ready-to-drink iced tea has grown considerably due to the increasing demand. Market vendors are offering specialized aseptic packaging for ready-to-drink tea. For instance, Graham Packaging offers recyclable plastic aseptic packaging to provide longer shelf life for single-serve packaging. The region has also witnessed growth in the sales of milk.
Food Segment is Expected to Witness Significant Growth
- In the food industry, increasing smart and active packaging initiatives that provide both shelf-stability and after-sale advantages are expected to become packaging standards in the region, especially in the US. Also, expanding applications in liquid, low particulate, and pumpable foods that often replace metal cans and glass jars are expected to boost the demand for lightweight, flexible and paper-based variants of aseptic packaging in the region.
- This increasing demand for transportation across long distances is creating a need to prolong shelf life to unprecedented levels. The growing distances between manufacturing sites and end-users require packaging to increase endurance and protective abilities. The culture of packaged and readymade foods prevalent across North America is responsible for the increasing adoption of aseptic packaging.
- Moreover, the FDA has announced that there have been no reports to suggest that COVID-19 can be transmitted by food or food packaging. This has further aided in the increased usage of the plastic packaging industry in North America.
- Cheese usage is rising because of its popularity with consumers, in terms of taste and some cases as a substitute for meat, according to the Agriculture and Horticulture Development Board. Dairy foods like cheese, butter, yogurt, and ice-creams contain fats and water in a particular proportion for their usage. It is necessary to maintain certain properties, such as moisture, being impervious to light and should be grease-proof. This need marks the requirement for aseptic packaging in cheese and butter. Aseptic packaging keeps yogurt safe and fresh from fill through final dispensing. Bag-in-box and pouches protect the quality, extend freshness, and reduce waste. With aseptic technology, yogurt products are shelf-stable and preservative-free.