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Meticulous Research® – leading global market research company published a research report titled “Natural Sausage Casings Market by Source (Hog, Beef, and Sheep), Application (Fresh Sausages, Pre-cooked Sausages, Smoked Sausages, and Cured Sausages), and Distribution Channel (Offline and Online)—Global Forecast to 2027.”
According to this latest publication from Meticulous Research®, in terms of value, the natural sausage casings market is expected to record a CAGR of 2.1% from 2020 to 2027 to reach $2.75 billion by 2027. In terms of volume, the natural sausage casings market is expected to record a CAGR of 1.4% from 2020 to 2027 to reach 35,584.6 million meters by 2027. The growth of this market is mainly attributed to increasing urbanization, meat production, & meat consumption; consumer preference for natural casings over artificial casings; and the rising number of fast-food restaurant chains. Moreover, the growing demand from emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa is expected to create lucrative opportunities for players operating in this market. However, the growing consumer preference for vegan products is expected to hinder the growth of this market to some extent.
The natural sausage casings market study presents historical market data in terms of value and volume (2018 and 2019), estimated current data (2020), and forecasts for 2027. The market is segmented based on source, application, distribution channel, and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on source, the natural sausage casings market is segmented into hog, beef, sheep, and other sources. The hog segment is estimated to account for the largest share of the natural sausage casings market in 2020. The various benefits offered by hog casings, such as the wider caliber, high resistance compared to other natural sausage-casing sources, and the ability to be molded into a wide variety of shapes, are the factors driving the growth of this segment. Hog casings are preferred for fresh and smoked sausages because of their durability and size. However, the sheep segment is expected to record the highest CAGR during the forecast period.
Based on application, the natural sausage casings market is segmented into fresh, pre-cooked, smoked, and cured sausages. The fresh sausages segment is estimated to account for the largest share of the overall natural sausage casings market in 2020. The dominance of this segment is mainly attributed to increased consumer preference for minimally processed and fresh food. Fresh processed sausages are widely accepted as ideal fast-food products and are also widespread among the working class worldwide. However, the smoked sausage casings segment is expected to record the highest CAGR during the forecast period due to the increasing demand for ready-to-go premium meat products, wide availability of various smoked products in modern grocery stores, and craft food producers’ increasing preference for smoking technology.
Based on distribution channel, the natural sausage casings market is mainly segmented into offline and online. The offline segment is estimated to account for the largest share of the natural sausage casings market in 2020. The large share of this segment is mainly attributed to the growing number of supermarkets and hypermarkets, improvements in the physical infrastructure of brick-and-mortar grocers to facilitate easy access and availability, and the demand for higher-quality meat products. However, the online segment is expected to record the higher CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the accessibility and cost-effectiveness offered by online distribution channels.
Geographically, Europe is estimated to account for the largest share of the natural sausage casings market in 2020 due to the presence of a large number of sausage manufacturers, changing food consumption patterns favoring convenience foods, and the surging consumption of meat and sausages. However, Asia-Pacific is expected to hold high growth potential for the natural casings market during the forecast period, mainly attributed to the rising number of fast-food restaurant chains, growing expenditure on sausages, premiumization of meat products, growing westernization, and rising population and urbanization.
The key players operating in the natural sausage casings market are Amjadi GmbH (Germany), World Casing Corporation (U.S.), Peter Gelhard Naturdärme KG (Germany), Combinatie Teijsen V.D. Hengel (Part of Darling Ingredients) (Netherlands), Almol Casing Pty Ltd (Australia), Natural Casing Company, Inc. (U.S.), A Holdijk GmbH (Germany), Agrimares Group (Spain), Carl Lipmann & Co. KG (GmbH & Co.) (Germany), Fortis Srl (Italy), Irish Casing Company (Ireland), Elshazly Casings Company (Egypt), MCJ Casings (U.K.), Oversea Casing Company LLC.(U.S.), DAT-Schaub Group (Denmark), Saria SE & Co. KG (Germany), Rugao Qingfeng Casing CO., LTD (China), Baoding Dongfang Group (China), CDS Hackner GmbH (Germany), Saarland Metzgereibedarf Strobel GmbH & Co. KG (Germany), and De Wied International Inc. (U.S.).
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Key Questions Answered in the Report-
- What is the current value of revenue generated by the natural sausage casings market across the globe?
- At what rate is the demand for natural sausage casings projected to grow for the next 5–7 years?
- What is the historical market size and growth rate of the natural sausage casings market across the globe?
- What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing market players and new entrants in the market?
- What impact does the current COVID-19 pandemic have on the natural sausage casings market at various levels in the value chain?
- Which segments in terms of the source are creating major traction for the vendors in this market?
- What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the global sheep sausage casings market?
- Who are the major players in the global natural sausage casings market? What are their specific product offerings in the meat sausages industry?
- What recent developments have taken place in the global natural sausage casings market, and how are these strategic developments creating a global impact in this market?
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