ASEPTIC PROCESSING MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

The global aseptic processing market size was valued at US$ 85 billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 9.2% from 2023 to 2030. The global aseptic processing market is mainly growing on the account of increasing importance of shelf-life extension, growing tendency of manufacturers toward aseptic processing and the introduction of advanced technologies. Moreover, gradual rise in e-commerce sales globally, improved equipment and technologies in the packaging industry, and increasing preference for sustainable packaging are further anticipated to drive the global aseptic processing market.

Global Aseptic Processing Market: Regional Insights

Based on geography, the global aseptic processing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific region is expected to dominate the global aseptic processing market over the forecast period owing to the growing demand for packaged food and drinks items in countries like China, India, and Japan.

North America is expected to witness fastest growth in the near future due to the rapid growth in food & drink and drug industry coupled with a changing lifestyle of consumers in the region. Moreover, strong presence of pharmaceutical industry in the region is again expected to fuel regional market growth.

Figure 1. Global Aseptic Processing Market, By Region (2023)

Global Aseptic Processing Market Drivers:

Increasing demand for pharmaceutical supplies to foster market growth

The rapidly growing pharmaceutical industry around the world and rising prevalence of chronic diseases coupled with growing base of geriatric population are driving the demand for sterilized medicines. According to the Government of India Ministry of Chemicals & Fertilizers Department of Pharmaceuticals, The Indian pharmaceutical industry is the world’s 3rd largest by volume and 14th largest in terms of value. Total Annual Turnover of Pharmaceuticals was Rs. 2, 89,998 crore for the year 2019-2020. Total pharmaceutical exports and import were to the tune of Rs. 1, 46,260 crore and Rs. 42,943 crore respectively in the year 2019-20.

Growing demand for convenience and quality food products to foster market growth

Growing demand for convenience and quality food products is one of the key factors expected to fuel global aseptic processing market growth over the forecast period. According to the Government of Canada, in 2021, retail sales of packaged food in South Korea totaled US$35.3 billion. Top packaged food categories for sales value included rice, pasta and noodles, dairy, and processed meat, seafood and alternatives to meat. Premium ready meals and convenient, easy to cook foods have become a growing demand within packaged food categories in South Korea during the pandemic.

Global Aseptic Processing Market Opportunities:

Growing popularity of eco-friendly packaging is expected to provide significant market growth opportunities. According to the New York Society of Cosmetic Chemists (NYSCC), environmentally friendly packaging easily decomposes in the environment and are produced from naturally derived materials. In May 2022, Elopak has announce the market launch of the Pure-Pak® eSense carton: a more environmentally friendly aseptic carton made without an aluminium layer.

Rise in the usage of self-administered drugs around the globe is one of the key factors that is expected to serve growth opportunities to the global aseptic processing market over the forecast period. A growth in the number of large – molecule, biopharmaceutical drugs in development pipelines, has led to a rise in the need for administration systems and injectable packaging.

Global Aseptic Processing Market Trends:

Ongoing advancement in technology

Ongoing advancement in technology is expected to serve additional market opportunities for key players over the forecast period. For instance, in April 2022, SPX FLOW Inc., a provider of process solutions for the nutrition, health and industrial markets, announced a new APV Aseptic Rapid Recovery System that features steam barriers and pressurization. It is the first with this design for high-value and sensitive products.

Growth of consumption of beverages

Increasing consumption of beverages around the globe is another trend observed in the market. For instance, according to the technocrats, consumption of non- alcoholic beverages is expected to reach 790.4 billion liters by 2020, increasing from 668.0 billion liters in 2015.

Global Aseptic Processing Market Restraints:

High initial investment involved is expected to restrict market growth

As per the OBRC analysis, the initial cost require ranges between $700 -$900 per square foot. In some cases, different large production facilities are also required to develop final bulk sterile active ingredient due to large-scale. Hence high initial capital investment factor is expected to hamper the market growth.

Varying environmental mandates across regions is expected to hinder the market growth

Varying environmental regulations and mandates across regions is one of the major challenges for global aseptic processing market growth. Environment monitoring is very important due to high vulnerability of exposed product to contamination. According to the International Organization for Standardization (ISO), the ISO 14000 family of standards offers practical tools for different organizations and companies that manage environmental responsibilities.

Figure 2. Global Aseptic Processing Market, By Packaging Type (2023)

Global Aseptic Processing Market Segmentation:

The global aseptic processing market report is segmented into packaging type, type, application, material type, and region

Based on packaging type, the market is segmented into cartons, bottles and cans, bags and pouches, vials and ampoules, equipment type, processing equipment, and processing equipment. Out of which, Cartons are expected to dominate the global market over the forecast period and this is attributed to the growing demand of cartons from dairy industries, food and beverage industries and pharmaceutical industries.

Bottles and Cans segment is also expected to witness significant growth in the near future and this is owing to the growing demand from beverage industries. Also, increasing consumption of carbonated drinks is also fuelling segment growth.

Based on application, the market is segmented into Food, Beverages, Pharmaceutical, and Other. Out of which, Beverages is expected to dominate the global market over the forecast period and this is attributed to the increasing adoption of aseptic processing materials and equipment in the beverages application.

Pharmaceutical segment is also expected to witness significant growth in the near future and this is owing to the growing need for proper sterilization & utilization and also patient’s safety.

Based on material type, the market is segmented into Paper and paperboard, Plastic, Metal, and Glass and wood. Out of which, Paper and paperboard is expected to dominate the global market over the forecast period and this is attributed to the high usage of paper & paperboard packaging for packing the food products, healthcare products, agricultural products, etc.

Plastic segment is also expected to witness significant growth in the near future and this is owing to the growing usage of plastic as a packaging materials in personal care, pharmaceutical, dairy products, and food and beverages industries.

Global Aseptic Processing Market: Key Developments

In March 2022, Aesculap, Inc. has launched its AESCULAP Aicon™ Sterile Container System. The new container has features that help streamline processes and reduce the possibility of wet sets.

In April 2021, ILC Dover LP, specializing in the innovative design and production of single-use flexible solutions for global pharmaceutical and biopharmaceutical processing, introduced the soloPURE™ flexible aseptic isolator, a cost-effective, closed-barrier system for sterile manufacturing.

Global Aseptic Processing Market: Key Companies Insights

The global aseptic processing market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global aseptic processing market are AMCOR LIMITED, BECTON, DICKINSON AND COMPANY, ROBERT BOSCH GMBH, ARAN PACKAGING (ARAN GROUP), DIZAYNPAK BASKI VE AMBALAJ TEKNOLOJILERI A.Åž., IPI S.R.L., SEALED AIR CORPORATION, and SCHOTT AG

*Definition: The manufacturing of sterile bulk drugs and their subsequent filling and sealing into individual packaging containers is called aseptic processing. The process can range from early clinical phase hand filling to high volume semi-automated or fully automated production over multiple day production batches.