Sep 3, 2020   SOURCE: BusinessWire

Global Food Processing Seals Market to 2026 - by Material, Application, Region, Industry Analysis and Forecast - ResearchAndMarkets.com

The "Global Food Processing Seals Market By Material (Elastomers, Face Materials and Metal), By Application (Bakery & Confectionery, Beverages; Meat, Poultry & Seafood; Dairy Products, and other Applications), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Food Processing Seals Market size is expected to reach $3.8 billion by 2026, rising at a market growth of 5.5% CAGR during the forecast period.

Food processing seals are used in the food industry to avoid leakage, food waste, and much more. Food processing seals are used in different food and beverage products. These seals ensure safety by avoiding the microbial growth of food items and preventing the transfer of any external substances. It also means that the contents within the bottle will not spill outside. Food processing seals are capable of withstanding extreme temperatures and pressures and helping to maintain the product preserved in the right condition.

Busy lifestyles and time pressures, particularly for working women, have increased customer reliance on processed food. In most countries, the intake of processed food has increased. The shift in milk used in middle-income countries has also influenced the demand for food processing seals. Some of the challenges to seal degradation involve process media, clean-in-place (CIP) or on-site sterilization (SIP) processes, and installation failures.

Growing demand for processed and convenience food is projected to be the leading force driving the market for food processing seals. In addition, increasing demand for poultry, dairy, bakery, and confectionery products is also anticipated to have a major effect on the food processing seals industry. In addition, increasing investment in the development of new food & beverage processing seals in the food and beverage industry is expected to have a significant effect on the food processing seals market. The growth in the presence of stringent food health standards and regulations by the Government is projected to generate untapped opportunities for market participants.

With the emergence of a global pandemic, millions have experienced pay reductions and work losses. COVID-19 has been a threat to the world economy and has had a negative impact on all sorts of industries, including the demand for food processing seals. With less disposable income and broken supply chains, market growth is expected to slow down. Other factors that hinder market growth are the price volatility of raw materials and the increasing popularity of organic food.

Based on Material, the market is segmented into Elastomers, Face Materials and Metal. Based on Application, the market is segmented into Bakery & Confectionery, Beverages; Meat, Poultry & Seafood; Dairy Products, and other Applications. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

Companies Profiled

  • Smiths Group PLC
  • Parker-Hannifin Corporation
  • Trelleborg AB
  • IDEX Corporation (Phantom Controls, Inc.)
  • Flowserve Corporation
  • Freudenberg Group
  • James Walker Ltd.
  • EnPro Industries, Inc.
  • A.W. Chesterton Company, Inc.
  • AESSEAL PLC (AES Engineering Ltd.)

Key Topics Covered:

Chapter 1. Market Scope & Methodology

1.1 Market Definition

1.2 Objectives

1.3 Market Scope

1.4 Segmentation

1.4.1 Global Food Processing Seals Market, by Material

1.4.2 Global Food Processing Seals Market, by Application

1.4.3 Global Food Processing Seals Market, by Geography

1.5 Methodology for the research

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Global Food Processing Seals Market by Material

3.1 Global Elastomers Market by Region

3.2 Global Face Materials Market by Region

3.3 Global Metal Market by Region

Chapter 4. Global Food Processing Seals Market by Application

4.1 Global Bakery & Confectionery Market by Region

4.2 Global Beverages Market by Region

4.3 Global Meat, Poultry & Seafood Market by Region

4.4 Global Dairy Products Market by Region

4.5 Global Other Applications Market by Region

Chapter 5. Global Food Processing Seals Market by Region

5.1 North America Food Processing Seals Market

5.2 Europe Food Processing Seals Market

5.3 Asia Pacific Food Processing Seals Market

5.4 LAMEA Food Processing Seals Market

Chapter 6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/ukicgy