Meticulous Research®—a leading global market research company, published a research report titled ‘Artificial Casings Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication from Meticulous Research®, the artificial casings market is expected to reach $5.87 billion by 2031, at a CAGR of 6.5% from 2024 to 2031.
The rise in meat consumption and production around the world, sausage manufacturers increasingly using artificial casings, casing manufacturers switching from natural casings to artificial casings to reduce operational complexities, and an increasing number of food chain businesses are all driving the growth of the artificial casings market. However, rising customer preference for natural sausage casings over artificial sausage casings may limit market expansion to some extent.
Furthermore, expanding economies and rising demand for vegetarian sausage casings are projected to present prospects for market participants. However, animal sickness and health issues offer a big problem in the artificial casings business.
Key Players
The artificial casing market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the artificial casings market are Viscofan, S.A. (Spain), SARIA SE & Co. KG (Germany), Selo B.V. (Netherlands), Shenguan Holdings (Group) Limited (China), DAT-Schaub Group (Part of Danish Crown AmbA) (Denmark), ViskoTeepak Holding Ab Ltd (Finland), Fibran S.A. (Spain), Viskase Companies, Inc. (U.S.), Nippi. Inc. (Japan), FABIOS S.A. (Poland), Kalle GmbH (Germany), Oversea Casing Company (U.S.), Nutra Produkte AG (Switzerland), Ruitenberg Ingredients B.V. (Netherlands), and Ennio International (Australia).
The artificial casings market is segmented based on type, application, distribution channel, and end user. The report also evaluates industry competitors and analyzes the artificial casings market at the regional and country levels.
The collagen casings category is anticipated to hold the biggest proportion of the artificial casings market in 2024, accounting for 42.9% of the total, out of all the varieties examined in this analysis. Due to faster production speeds and fewer labor requirements, this segment's reduced production costs when compared to gut casings and other artificial sausage casings are the main factors driving its significant market share. Collagen casings' advantageous qualities, including their consistency, strength, standard diameter, and edible nature, are further influencing their widespread use.
The market for artificial casings is anticipated to be dominated by the animal-based sausages sector in 2024, out of all the applications examined in this study.
The growing number of modern groceries offering high-quality food products and access to a multitude of food products supports the segment’s dominant position.
The food-processing firms sector is predicted to hold the largest proportion of the artificial casings market in 2024 among the end users examined in the report. Large-scale sausage production has resulted from the growing demand for sausages, which in turn has increased demand for artificial casings. Furthermore, the segment's leading position in the market is a result of improved automation in sausage production, expanding consumer appetite for novel culinary options, and optimized production efficiencies.
Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., copyright), Europe (Germany, France, Italy, U.K., Spain, Poland, Netherlands, Russia, Austria, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Chile, Argentina, Colombia, and Rest of Latin America), and the Middle East and Africa (UAE, Saudi Arabia, South Africa, and Rest of Middle East and Africa).
Europe is estimated to dominate the artificial casings market in 2024, accounting for 30.8%, followed by Asia-Pacific and North America. Several crucial factors contribute to Europe's considerable market dominance, including the presence of major sausage manufacturers.
manufacturers and their desire to adopt artificial casings over gut casings to achieve greater product quality and food safety, the growing meat processing sector, high availability of sausage & processed meat products, and the presence of fast-food restaurant chains.
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Key Questions Answered in the Report:
·What is the total revenue of the artificial casings market?
·At what rate is the global demand for artificial casings projected to grow for the next five to seven years?
·What is the historical market size and growth rate for the artificial casings market?
·What are the major factors impacting the growth of this market at global and regional levels?
·What are the major opportunities for existing players and new entrants in the market?
·Which type, application, distribution channel, and end user segments create major traction for the manufacturers in this market?
·What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the artificial casings market?
·Who are the major players in the artificial casings market? What are their specific product offerings in this market?
·What recent developments have taken place in the artificial casings market? What impact have these strategic developments created on the market?
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