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Meticulous Research® – leading global market research company published a research report titled “Artificial Casings Market by Type (Collagen Casing, Cellulose Casing, Plastic Casing, Fibrous Casing, Value Added Casing, Textile Casing, and Net Casing) and Geography –Global Forecast to 2025”
According to this latest publication from Meticulous Research®, the global artificial casings market is expected to grow at a CAGR of 6.4% from 2019 to reach $4.8 billion by 2025. The global artificial casings market is majorly driven by the factors such as increase in the global population and subsequent rise in the meat consumption and production, increasing sausage manufacturer’s focus on productivity and costs reduction, accelerating investments from leading players, increasing preference to artificial casings by sausage manufacturers, casings manufacturers’ shift from natural casings to artificial casings due to operational challenges, and rising number of food restaurant chains. In addition, emerging economies such as Southeast Asia, Latin America, and Africa provide significant opportunities to the artificial casing manufacturers. However, consumer preference for natural casings over artificial casings is restraining the growth of this market to some extent.
The global artificial casings market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025- by type (collagen casings, cellulose casings, plastic casings, fibrous casings, value added casings, textile casings, and net casings). The study also evaluates industry competitors and analyses the market at the country level.
Based on type, the global artificial casings market is segmented into collagen casings, cellulose casings, plastic casings, fibrous casings, value-added casings, textile casings, and net casings. The collagen casing market is further segmented into two types- edible casing and non-edible casing. Collagen casing is estimated to hold the largest share of the global artificial casings market in 2019, as the cost to produce sausages in collagen is significantly lower than making sausages in the gut because of higher production speeds and lower labor requirements. In addition, beneficial properties of these casings such as edible nature, standard diameter, uniformity, and strength are also contributing to its large adoption. However, the value-added casing segment is expected to witness a significant growth during the forecast period. Value-added casing reduces costs by eliminating multiple production steps by transferring smoke colour, flavour, and spices directly from the casing onto the product surface. Also, apart from cost savings, a major benefit of value-added casings for many sausage manufacturers is standardization, the ability to ensure that every product meets the same high standards with regards to both flavour and colour.
This research report analyzes major geographies and provides a comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America region is estimated to command the largest share of the global artificial casings market in 2019. The major share of North Americais mainly attributed to its well-established food and beverage industry, huge consumption of sausage and processed meat products, presence of large number of sausages manufacturers, and increasing number of fast-food restaurant chains.
The key players operating in the global artificial casings market are Viscofan, S.A. (Spain), Devro plc (U.K.), Selo B.V. (the Netherlands), Shenguan Holdings (Group) Limited (China), DAT-Schaub Group (Denmark), ViskoTeepak Holding Ab Ltd. (Finland), Fibran, S.A. (Spain), Viskase Companies, Inc. (U.S.), Innovia Films Limited (U.K.), Colpak (South Africa), Nippi, Inc. (Japan), FABIOS S.A. (Poland), Nitta Casings Inc. (U.S.), Kalle GmbH (Germany), and Oversea DeWied International LLC (U.S.).
Browse in-depth Report on: https://www.meticulousresearch.com/product/artificial-casings-market-5035
Key questions answered in the report-
- Which are the high growth market segments in terms of type and countries?
- What is the historical market for artificial casings across the globe?
- What are the market forecasts and estimates from the period 2019-2025?
- What are the major drivers, restraints, opportunities, and challenges in the global artificial casings market?
- Who are the major players in the global artificial casings market and what share of the market do they hold?
- Who are the major players in various countries and what share of the market do they hold?
- How is the competitive landscape?
- What are the recent developments in the global artificial casings market?
- What are the different strategies adopted by the major players in the global artificial casings market?
- What are the geographic trends and high growth countries?
- Who are the local emerging players in the global artificial casings market and howdo they compete with the other players?
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