UNITED KINGDOM ASEPTIC PACKAGING MARKET FORECAST 2021-2025

December 2020
105 pages
ID: 5996776
Format: PDF
Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The United Kingdom aseptic packaging market is projected to register a CAGR of 7.76%, over the forecast period. The country’s market growth is reinforced by drivers, such as, the well-established food and beverage manufacturing industry, the prevalence of the ‘clean-eating’ trend, growing opportunities for ingredient exports, and the robust packaged food market. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2025.

MARKET INSIGHTS
The United Kingdom is a key market across the European Union, for intermediate agricultural or lightly processed products, such as, dried fruit, cereals, beans, nuts, legumes, and seeds.Although some products are used for direct consumption as snacks, the majority of the consumables are set to be utilized as ingredients for manufacturing the United Kingdom’s finished goods.

Moreover, as the most extensive manufacturing sector in the country, the United Kingdom’s food and drinks market is dominated by major grocery store chains.
On the other hand, the United Kingdom harbors several opportunities for imports, across all sectors, since the country does not manufacture all the ingredients needed to meet consumer demands.With health and well-being as the key trends prevalent in the market, trends such as plant-based diet and clean-eating, play an essential role in new product development.

Therefore, such factors are expected to contribute significantly to the United Kingdom aseptic packaging market growth, over the forecast period.

COMPETITIVE INSIGHTS
Distinguished companies operating in the market include, Mondi PLC, DS Smith PLC, Amcor PLC, etc.

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Companies mentioned
1. AMCOR PLC
2. DS SMI
3. TH PLC
4. MONDI PLC

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