Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Food Desiccants market in this environment.
In terms of revenue, this research report indicated that the global Food Desiccants market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Food Desiccants industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ??Drytech Inc. aims at producing XX Food Desiccants in 2020, with XX % production to take place in global market, ????Sorbent Systems accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Food Desiccants Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Food Desiccants Market?
Drytech Inc.
Sorbent Systems
Multisorb
WidgetCo
Desiccare, Inc.
AGM Container Controls
IMPAK Corporation
Absortech
Interra Global
Sorbead India
GeeJay Chemicals
...
Major Type of Food Desiccants Covered in XYZResearch report:
Clay Desiccants
Silica Gel
Calcium Oxide
Calcium Sulfate
Application Segments Covered in XYZResearch Market
Food Packaging
Others
Application 3
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Table of Contents
Global Food Desiccants Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Clay Desiccants -Product Introduction and Major Manufacturers
1.1.2 Silica Gel -Product Introduction and Major Manufacturers
1.1.3 Calcium Oxide -Product Introduction and Major Manufacturers
1.1.4 Calcium Sulfate -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Food Desiccants Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Food Desiccants Market
3.1.1 Top Companies leading Food Desiccants Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Food Desiccants Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Food Desiccants Market
3.2.1 Top Companies leading Food Desiccants Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Food Desiccants Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Food Desiccants Market
3.3.1 Top Companies leading Food Desiccants Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Food Desiccants Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Food Desiccants Market
3.4.1 Top Companies leading Food Desiccants Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Food Desiccants Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Food Desiccants Market
3.5.1 Top Companies leading Food Desiccants Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Food Desiccants Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Food Desiccants Market
3.6.1 Top Companies leading Food Desiccants Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Food Desiccants Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Food Desiccants Market
3.7.1 Top Companies leading Food Desiccants Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Food Desiccants Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Food Desiccants Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Food Desiccants Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Food Desiccants Sales and Growth Rate (2021-2026)
5.2 Global Food Desiccants Sales Value and Growth Rate (2021-2026)
6 Food Desiccants Competitive Analysis
6.1 Drytech Inc.
6.1.1 Drytech Inc. Company Profiles
6.1.2 Drytech Inc. Product Introduction
6.1.3 Drytech Inc. Food Desiccants Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Sorbent Systems
6.2.1 Sorbent Systems Company Profiles
6.2.2 Sorbent Systems Product Introduction
6.2.3 Sorbent Systems Food Desiccants Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Multisorb
6.3.1 Multisorb Company Profiles
6.3.2 Multisorb Product Introduction
6.3.3 Multisorb Food Desiccants Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 WidgetCo
6.4.1 WidgetCo Company Profiles
6.4.2 WidgetCo Product Introduction
6.4.3 WidgetCo Food Desiccants Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Desiccare, Inc.
6.5.1 Desiccare, Inc. Company Profiles
6.5.2 Desiccare, Inc. Product Introduction
6.5.3 Desiccare, Inc. Food Desiccants Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 AGM Container Controls
6.6.1 AGM Container Controls Company Profiles
6.6.2 AGM Container Controls Product Introduction
6.6.3 AGM Container Controls Food Desiccants Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 IMPAK Corporation
6.7.1 IMPAK Corporation Company Profiles
6.7.2 IMPAK Corporation Product Introduction
6.7.3 IMPAK Corporation Food Desiccants Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Absortech
6.8.1 Absortech Company Profiles
6.8.2 Absortech Product Introduction
6.8.3 Absortech Food Desiccants Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Interra Global
6.9.1 Interra Global Company Profiles
6.9.2 Interra Global Product Introduction
6.9.3 Interra Global Food Desiccants Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Sorbead India
6.10.1 Sorbead India Company Profiles
6.10.2 Sorbead India Product Introduction
6.10.3 Sorbead India Food Desiccants Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 GeeJay Chemicals
7 Conclusion
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