Food processing seals market, globally, is projected to grow from $ 2.7 billion in 2018 to $ 3.6 billion by 2024, exhibiting a CAGR of 3.6% during the forecast period. Seals used in the food processing industry to prevent leakage are known as food processing seals. Moreover, seals used in food processing prevent food contamination by inhibiting the microbial growth. The sealing materials utilized in the food processing industry ought to be corrosion-resistant and comply with increasing number of regulations, including the US FDA, 3-A and NSF standards. Growing demand for poultry, dairy, bakery and confectionery products as well as increasing demand for processed and convenience food are the major factors expected to drive global food processing seals market during the forecast period.
The market has been segmented into material type, application and region. Based on material type, the market has been segmented into metals, face materials, elastomers and others. Of these categories,
Regionally, t
Some of the key players operating in global food processing seals market are Freudenberg Group, AESSEAL, Smiths Group Plc (John Crane), Flowserve Corporation, A. W. Chesterton Company Inc., AB SKF, Parker Hannifin Corporation, Trelleborg AB, IDEX Corporation and Enpro Industries (Garlock).
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020-2024
Objective of the Study
- To analyze and forecast global food processing seals market size.
- To forecast global food processing seals market based on material type, application and regional distribution.
- To identify drivers and challenges for global food processing seals market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global food processing seals market.
- To conduct pricing analysis for food processing seals market.
- To identify and analyze the profile of leading players involved in the manufacturing of food processing seals.
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Some of the leading players in global food processing seals market are Freudenberg Group, AESSEAL, Smiths Group Plc (John Crane), Flowserve Corporation, A. W. Chesterton Company Inc., AB SKF, Parker Hannifin Corporation, Trelleborg AB, IDEX Corporation and Enpro Industries (Garlock).
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of leading manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the product offerings, distribution channels and presence of all major players operating in global
Market insights research calculated global
Key Target Audience
- Food processing seal manufacturers, suppliers and end users
- Government and other regulatory bodies
- Organizations, forums and alliances related to food processing seals
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
