Global Food Processing Seals Market: Overview
The global food processing seals market size was estimated at US$ 2,881.5 Million in 2020 and is projected to grow at a CAGR of 3.7% over the upcoming years. The key growth factors behind the growth of food processing seals market include the growing demand for processed and convenience food along with the increased demand for packaged food & beverages worldwide. Furthermore, the emergence of new technologies along with the growing urbanization across the globe are some other key factors for the growth of the food processing seals market in the upcoming years.
Global Food Processing Seals Market: COVID-19 Impact
The COVID-19 pandemic had a huge impact across all the industries including logistics & supply chain, oil & gas, manufacturing, electronics, and others. The partial or full lockdown in the year 2020 and 2021 across numerous countries such as India, the U.S., the U.K., Germany, and others had further impacted the supply of raw materials and finished products across the globe. The demand for the product has decreased during the COVID-19 period due to halt in the manufacturing industry as the demand for raw materials and finished good has been halted during the COVID-19 period. Therefore, the global food processing seals market is severely impacted by COVID-19.
Global Food Processing Seals Market: Application Analysis
On the basis of application, the global food processing seals market has been segmented into bakery & confectionery, meat, poultry & seafood, dairy products, beverages, and others. The bakery & confectionery category had a major share in the global food processing seals market in 2020 and had more than 30% of the market revenue share in the same year. This is majorly due to rising demand for bakery products across the globe. On the other side, the dairy products category is estimated to witness substantial growth during the forecast period.
Global Food Processing Seals Market: Regional Analysis
Based on the regions, the global food processing seals market is segmented into North America, Europe, Asia Pacific, Latin America (LATAM), and Middle East & Africa (MEA). Asia Pacific is estimated to witness fastest growth in the global food processing seals market during the forecast period. This is ascribed to the growing packaged food & beverages industry in the region along with the rising urban population in the region. Besides, North America and Europe is estimated to witness substantial growth during the forecast period.
Global Food Processing Seals Market: Segment Analysis
The Global Market Research can be segmented in the following way:
ATTRIBUTE | DETAILS |
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Study Period | 2017-2028 |
Base Year | 2020 |
Forecast Period | 2021-2028 |
Historical Period | 2017-2019 |
Unit | Value (US$ Million) |
Segmentation | Global Food Processing Seals Market: By material
Global Food Processing Seals Market: By Application
Global Food Processing Seals Market: By Regional Analysis
|
Key Companies |
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Key Report Deliverable |
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Table of Content
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Scope of the Study
1.3.1. Market Segmentation
1.3.1.1. Food Processing Seals Market, By Material
1.3.1.2. Food Processing Seals Market, By Application
1.3.1.3. Food Processing Seals Market, By Geography
1.4. Currency Used
1.5. Years Considered for the Study
1.5.1. Historical Years
1.5.2. Base Year
1.5.3. Forecast Years
1.6. Limitations
1.7. Stakeholders
2. Executive Summary
2.1. Market Snapshot: Global Food Processing Seals Market
2.1.1. Inter connectivity and Related Markets
2.2. Key Insights
2.3. DROC (Drivers, Restraints, Opportunities, and Challenges) Analysis
2.4. Demand Side Trends
2.5. Supply Side Trends
2.6. Strategic Overview for Global Food Processing Seals Market
2.7. Voice of Industry Experts/Key Opinion Leaders (KOLs)
2.8. Recommendations and Conclusions
3. Research Methodology
3.1. Research Data
3.2. Market Breakdown and Data Triangulation
3.2.1. Secondary Research
3.2.2. Primary Research
3.2.3. Internal Repository Knowledge
3.3. Market Sizing Approach
3.3.1. 3600 View
3.3.2. Bottom Up Approach
3.3.3. Top Down Approach
3.4. Data Sources
3.4.1. Secondary Sources
3.4.2. Primary Sources
3.5. Name of Sources and References
4. COVID-19 Impact
4.1. COVID-19 Prevalence Analysis*
4.2. COVID-19 Vaccine Analysis*
4.3. COVID-19 Impact on Global Food Processing Seals Market
4.4. Pre vs Post COVID Demand and Supply Analysis
4.5. COVID-19 Road to Recovery Analysis
4.5.1. Global Food Processing Seals Market V Shaped Recovery
4.5.2. Global Food Processing Seals Market U Shaped Recovery
4.5.3. Global Food Processing Seals Market L Shaped Recovery
4.5.4. Global Food Processing Seals Market W Shaped Recovery
4.6. COVID-19 impact on End-user Industry
4.7. COVID-19 Opportunity Analysis
5. Prominent Insights
5.1. Macro-Economic Factors
5.1.1. Regional GDP Outlook
5.1.2. Key Industry News
5.1.3. Global Market Trend
5.1.3.1. Positive Trends
5.1.3.2. Negative Trends
5.1.4. Lubrication Integration
5.2. Ecosystem Mapping and Opportunity Analysis
5.3. Developed Vs Developing Economies
5.4. Market Dynamics
5.4.1. Market Drivers
5.4.1.1. Driver 1
5.4.1.2. Driver 2
5.4.1.3. Driver 3
5.4.1.4. Global Food Processing Seals Market Drivers Impact Assessment in the short, medium, and long terms
5.4.1.5. Global Food Processing Seals Market Drivers Impact Assessment at Regional Level
5.4.2. Market Restraints
5.4.2.1. Restraint 1
5.4.2.2. Restraint 2
5.4.2.3. Restraint 3
5.4.2.4. Global Food Processing Seals Market Restraints Impact Assessment in the short, medium, and long terms
5.4.2.5. Global Food Processing Seals Market Restraints Impact Assessment at Regional Level
5.4.3. Market Opportunities
5.4.3.1. Opportunity 1
5.4.3.2. Opportunity 2
5.4.3.3. Opportunity 3
5.4.3.4. Global Food Processing Seals Market Opportunities Impact Assessment in the short, medium, and long terms
5.4.3.5. Global Food Processing Seals Market Opportunities Impact Assessment at Regional Level
5.4.4. Market Challenges
5.4.4.1. Challenge 1
5.4.4.2. Challenge 2
5.4.4.3. Challenge 3
5.4.4.4. Global Food Processing Seals Market Challenges Impact Assessment in the short, medium, and long terms
5.4.4.5. Global Food Processing Seals Market Challenges Impact Assessment at Regional Level
5.5. Porter’s Five Forces Analysis
5.5.1. Threat Of New Entrants
5.5.2. Threat Of Substitutes
5.5.3. Bargaining Power Of Suppliers
5.5.4. Bargaining Power Of Buyers
5.5.5. Rivalry Among Existing Competitors
5.6. Value Chain Analysis
5.7. Attractive Investment Proposition, By Geography
5.8. Investment Landscape
5.8.1. Market Major Mergers & Acquisitions
5.8.2. Market Fund Raise and Other Activities
6. Global Food Processing Seals Market Analysis and Forecast, By Material, 2017-2028 (US$ Mn)
6.1. Overview
6.1.1. Global Food Processing Seals Market, By Material, Market Share Comparison 2020 vs 2028 (%)
6.2. Metal
6.2.1. Global Food Processing Seals Market, By Metal, Analysis and Forecast, 2017-2028 (US$ Mn)
6.2.2. Global Food Processing Seals Market, By Metal, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
6.3. Face Materials
6.3.1. Global Food Processing Seals Market, By Face Materials, Analysis and Forecast, 2017-2028 (US$ Mn)
6.3.2. Global Food Processing Seals Market, By Face Materials, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
6.4. Elastomers
6.4.1. Global Food Processing Seals Market, By Elastomers, Analysis and Forecast, 2017-2028 (US$ Mn)
6.4.2. Global Food Processing Seals Market, By Elastomers, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7. Global Food Processing Seals Market Analysis and Forecast, By Application, 2017-2028 (US$ Mn)
7.1. Overview
7.1.1. Global Food Processing Seals Market, By Application, Market Share Comparison 2020 vs 2028 (%)
7.2. Bakery & Confectionary
7.2.1. Global Food Processing Seals Market, By Bakery & Confectionary, Analysis and Forecast, 2017-2028 (US$ Mn)
7.2.2. Global Food Processing Seals Market, By Bakery & Confectionary Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.3. Meat, Poultry, & Seafood
7.3.1. Global Food Processing Seals Market, By Meat, Poultry, & Seafood, Analysis and Forecast, 2017-2028 (US$ Mn)
7.3.2. Global Food Processing Seals Market, By Meat, Poultry, & Seafood, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.4. Dairy Products
7.4.1. Global Food Processing Seals Market, By Dairy Products, Analysis and Forecast, 2017-2028 (US$ Mn)
7.4.2. Global Food Processing Seals Market, By Dairy Products, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.5. Beverages
7.5.1. Global Food Processing Seals Market, By Beverages, Analysis and Forecast, 2017-2028 (US$ Mn)
7.5.2. Global Food Processing Seals Market, By Beverages, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
7.6. Others
7.6.1. Global Food Processing Seals Market, By Others, Analysis and Forecast, 2017-2028 (US$ Mn)
7.6.2. Global Food Processing Seals Market, By Others, Analysis and Forecast, By Region, 2017-2028 (US$ Mn)
8. Global Food Processing Seals Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
8.1. Overview
8.2. Global Food Processing Seals Market, By Region, Market Share Comparison 2020 vs 2028 (%)
8.3. Global Food Processing Seals Market, By Region, Analysis and Forecast, 2017-2028 (US$ Mn)
8.4. Global Food Processing Seals Market, Regional Life Cycle Analysis
8.5. COVID-19 Impact on Global Food Processing Seals Market, By Region
9. North America Food Processing Seals Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
9.1. North America Food Processing Seals Market Overview
9.2. North America Food Processing Seals Market Summary
9.2.1. Dynamics
9.2.2. Impact Analysis
9.3. North America Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
9.4. North America Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
9.5. North America Food Processing Seals Market, By Country, 2017-2028 (US$ Mn)
9.5.1. U.S.
9.5.1.1. Overview
9.5.1.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
9.5.1.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
9.5.2. Canada
9.5.2.1. Overview
9.5.2.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
9.5.2.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
10. Europe Food Processing Seals Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
10.1. Europe Food Processing Seals Market Overview
10.2. Europe Food Processing Seals Market Summary
10.2.1. Dynamics
10.2.2. Impact Analysis
10.3. Europe Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
10.4. Europe Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
10.5. Europe Food Processing Seals Market, By Country, 2017-2028 (US$ Mn)
10.5.1. Germany
10.5.1.1. Overview
10.5.1.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
10.5.1.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
10.5.2. U.K.
10.5.2.1. Overview
10.5.2.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
10.5.2.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
10.5.3. France
10.5.3.1. Overview
10.5.3.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
10.5.3.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
10.5.4. Italy
10.5.4.1. Overview
10.5.4.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
10.5.4.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
10.5.5. Spain
10.5.5.1. Overview
10.5.5.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
10.5.5.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
10.5.6. Rest of Europe
10.5.6.1. Overview
10.5.6.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
10.5.6.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
11. Asia Pacific Food Processing Seals Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
11.1. Asia Pacific Food Processing Seals Market Overview
11.2. Asia Pacific Food Processing Seals Market Summary
11.2.1. Dynamics
11.2.2. Impact Analysis
11.3. Asia Pacific Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
11.4. Asia Pacific Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
11.5. Asia Pacific Food Processing Seals Market, By Country, 2017-2028 (US$ Mn)
11.5.1. China
11.5.1.1. Overview
11.5.1.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
11.5.1.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
11.5.2. Japan
11.5.2.1. Overview
11.5.2.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
11.5.2.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
11.5.3. India
11.5.3.1. Overview
11.5.3.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
11.5.3.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
11.5.4. Rest of Asia Pacific
11.5.4.1. Overview
11.5.4.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
11.5.4.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
12. Latin America (LATAM) Food Processing Seals Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
12.1. Latin America (LATAM) Food Processing Seals Market Overview
12.2. Latin America (LATAM) Food Processing Seals Market Summary
12.2.1. Dynamics
12.2.2. Impact Analysis
12.3. Latin America Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
12.4. Latin America Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
12.5. Latin America (LATAM) Food Processing Seals Market, By Country, 2017-2028 (US$ Mn)
12.5.1. Brazil
12.5.1.1. Overview
12.5.1.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
12.5.1.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
12.5.2. Mexico
12.5.2.1. Overview
12.5.2.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
12.5.2.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
12.5.3. Rest of Latin America (LATAM)
12.5.3.1. Overview
12.5.3.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
12.5.3.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
13. Middle East & Africa (MEA) Food Processing Seals Market Analysis and Forecast, By Regional Market Analysis, 2017-2028 (US$ Mn)
13.1. Middle East & Africa (MEA)Food Processing Seals Market Overview
13.2. Middle East & Africa (MEA) Food Processing Seals Market Summary
13.2.1. Dynamics
13.2.2. Impact Analysis
13.3. Middle East and Africa Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
13.4. Middle East and Africa Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
13.5. Middle East & Africa (MEA) Food Processing Seals Market, By Country, 2017-2028 (US$ Mn)
13.5.1. United Arab Emirates (UAE)
13.5.1.1. Overview
13.5.1.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
13.5.1.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
13.5.2. Saudi Arabia
13.5.2.1. Overview
13.5.2.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
13.5.2.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
13.5.3. Rest of Middle East & Africa (MEA)
13.5.3.1. Overview
13.5.3.2. Food Processing Seals Market, By Material, 2017-2028 (US$ Mn)
13.5.3.3. Food Processing Seals Market, By Application, 2017-2028 (US$ Mn)
14. Competitive Landscape
14.1. Key Players Overview
14.2. Products/Service Comparison of Key Players
14.3. Geographic Presence Analysis of Key Players
14.4. Competitive Bench marking
14.5. Company Evaluation Matrix
14.5.1. Star
14.5.2. Emerging Leader
14.5.3. Pervasive
14.5.4. Participant
14.6. Competitive Landscape
14.6.1. Small Players
14.6.2. Medium Players
14.6.3. Large Players
14.7. Market Positioning of Key Players
14.8. Investment Scenario of Key Players
14.9. Strategies Analysis of Key Players
14.9.1. Mergers & Acquisitions
14.9.2. Joint Ventures
14.9.3. New Product Development
14.9.4. Joint Ventures
14.9.5. Partnerships
14.9.6. Others
15. Company Profiles
(Business Overview, Products/ Solutions Offered, Recent Developments, Strategic Initiatives, Financial Summary, etc.)
15.1. Freudenberg Group (Eagleburgmann)
15.1.1. Company and Business Overview
15.1.2. Products and Service Offerings
15.1.3. Business Presence, Key Personnel, Company Contact Details, and Competitors
15.1.4. Strategic Initiatives
15.1.5. Key Financial Summary*
15.1.5.1. Recent Financials (2016-2020)
15.1.5.2. Business Revenue, 2020 (in %)
15.1.5.3. Geographic Revenue, 2020 (in %)
15.2. Aesseal
15.3. Smiths Group (John Crane)
15.4. Flowserve
15.5. A.W. Chesterton
15.6. SKF
15.7. Parker Hannifin
15.8. Trelleborg
15.9. IDEX Corporation (FTL Technology and Precision Polymer Engineering)
15.10. Enpro Industries (Garlock)
15.11. James Walker
15.12. Meccanotecnica Umbra (Huhnseal AB)
15.13. Precision Associates, Inc
15.14. Klinger Group
15.15. Kismet Rubber Products
15.16. Spareage Sealing Solutions
15.17. Teknikum OY
15.18. FmiSichem SRL.
15.19. Northern Engineering (Sheffield) Ltd
15.20. Lidering Safe Industry
15.21. CDK Seals
15.22. Cinch Seal
15.23. Others
*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain