REDDING, Calif., Sept. 20, 2022 /PRNewswire/ -- According to a new market research report titled, 'Artificial Casings Market by Type (Collagen Casing, Cellulose Casing, Plastic Casing, Fibrous Casing, Vegetarian Casing), Application (Vegan Sausages), Distribution Channel (Online), End User (Food Processing Companies, Retailers) - Forecast to 2029,'in terms of value, the artificial casings market is expected to reach $5.14 billion by 2029, at a CAGR of 6.6% from 2022 to 2029. In terms of volume, the artificial casings market is expected to reach 51.93 billion meters by 2029, at a CAGR of 3.8% from 2022 to 2029.
Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5035
The manufacture of natural casings involves several challenges, such as difficulties in sourcing animal intestines, the volatility of raw material prices, and long production times. In addition, cleaning animal intestines, the need for cold storage facilities, and high labor costs increase overall production costs, reducing profit margins. In contrast, collagen (artificial) casings are more suitable for automated production and cheaper to manufacture than natural casings. They also meet food hygiene and traceability standards more easily and can be more readily produced to meet technical specifications ensuring consistency, reliability, and versatility. These benefits have encouraged casings manufacturers to shift their focus from natural to artificial casings, driving the growth of the artificial casings market.
The growth of this market is attributed to the increase in global meat consumption and production, the growing preference for artificial casings among sausage manufacturers, casings manufacturers' shift from natural casings to artificial casings due to operational challenges, and the rising number of foodservice chains. Furthermore, the demand from developing countries in Southeast Asia, Latin America, and Africa and the emergence of vegetarian sausage casings are expected to create lucrative opportunities for players operating in this market. However, consumers' preference for natural sausage casings over artificial casings is expected to hinder the growth of this market to a notable extent.
Key Findings in the Artificial Sausage Casings Market Study:
The artificial casings market is segmented based on type, application, distribution channel, end-user, and geography. The study also evaluates industry competitors and analyses the market at a country level.
Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5035
Based on type, the artificial sausage casings market is segmented into collagen casings, cellulose casings, plastic casings, fibrous casings, textile casings, net casings, and vegetarian casings. In 2022, the collagen casings segment is expected to account for the largest share of the artificial casings market. The large market share of this segment is mainly attributed to its lower cost of production compared to gut casings and other artificial sausage casings due to higher production speeds and lower labor requirements. In addition, the beneficial properties of collagen casings, such as edible nature, standard diameter, uniformity, and strength, contribute to their demand. However, the vegetarian casings segment is slated to register the highest CAGR during the forecast period.
Based on application, the artificial casings market is segmented into animal-based sausages and plant-based sausages. In 2022, the animal-based sausages segment is expected to account for the larger share of the artificial casings market. The large market share of this segment is attributed to increased meat consumption, rising urban population, high popularity of collagen casing, and consumers' growing preference for protein-rich diets. However, the plant-based sausages segment is slated to register the higher CAGR during the forecast period.
Based on distribution channel, the artificial casings market is segmented into offline and online. In 2022, the offline segment is estimated to account for the larger share of the artificial casings market. The large market share of this segment is mainly attributed to the growing number of modern groceries offering high-quality food products, the availability of a wider range of food products, and the enhanced shopping experience offered by modern groceries, hypermarkets, and supermarkets. However, the online segment is slated to register the higher CAGR during the forecast period.
Quick Buy -Artificial Casings Market - Global Opportunity Analysis And Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/10427298
Based on end user, the artificial casings market is segmented into food processing companies, food service providers, food retailers, and other end users. In 2022, the food processing companies segment is estimated to account for the largest share of the artificial casings market. The large market share of this segment is attributed to the high demand for sausages which has led food processing companies to increase their sausage production, subsequently driving the demand for artificial casings. Furthermore, the growing preference for innovative food options and the rising automation in sausage production, resulting in maximized production efficiencies, contribute to the large market share of this segment. However, the food service providers segment is expected to register the highest CAGR during the forecast period.
Based on geography, the artificial casings market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America is estimated to account for the largest share of the artificial casings market. North America's large market share is attributed to factors such as the well-established food & beverage industry, the wide availability of sausage & processed meat products, the high average meat consumption, and the high number of fast food restaurant chains and sausage manufacturers. However, the market in Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this regional market is driven by the increasing demand for fast food, increasing spending on processed products, and growing westernization & urbanization.
Some of the key players operating in the artificial sausage casings market are Viscofan, S.A. (Spain), Devro plc (U.K.), 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.), and Nutra Produkte AG (Switzerland).
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/artificial-casings-market-5035
Scope of the report:
Artificial Casings Market, by Type
- Collagen Casings
- Edible Collagen Casings
- Non-edible Collagen Casings
- Cellulose Casings
- Plastic Casings
- Fibrous Casings
- Textile Casings
- Net Casings
- Vegetarian Casings
Artificial Casings Market, by Application
- Animal-based Sausages
- Fresh Sausages
- Pre-cooked Sausages
- Smoked Sausages
- Cured Sausages
- Processed Sausages
- Plant-based Sausages
Artificial Casings Market, by Distribution Channel
- Offline
- Online
Artificial Casings Market, by End User
- Food Processing Companies
- Food Retailers
- Food Service Providers
- Other End Users
Artificial Casings Market, by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- U.K.
- Spain
- Poland
- Netherlands
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Chile
- Argentina
- Colombia
- Rest of Latin America
- Middle East & Africa
Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5035
Related Reports:
Natural Sausage Casings Market by Source (Hog, Beef, Sheep), Application (Fresh Sausages, Pre-cooked Sausages, Smoked Sausages, and Cured Sausages), Distribution Channel (Offline and Online) - Global Forecast to 2028
https://www.meticulousresearch.com/product/natural-sausage-casings-market-5158
Collagen Casings Market by Type (Edible, Non-Edible), Caliber (Small, Large), Application (Fresh Sausages, Processed Sausages (Pre-cooked, Smoked, Cured), End User (Food Service Providers, Food Retail), Distribution Channel - Global Forecast to 2028
https://www.meticulousresearch.com/product/collagen-casings-market-5220
North America Natural Sausage Casings Market - Opportunity Analysis and Industry Forecast (2018-2025)
https://www.meticulousresearch.com/product/north-america-natural-sausage-casings-market-4880
European Artificial Casings Market By Type (Collagen Casing, Cellulose Casing, Plastic Casing, Fibrous Casing, Value Added Casing, Textile Casing, Net Casing) - Industry Forecast to 2023
https://www.meticulousresearch.com/product/european-artificial-casings-market-4303
About Meticulous Research
Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/190/artificial-casings-market-2029
Logo: https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg
View original content:https://www.prnewswire.co.uk/news-releases/artificial-casings-market-to-reach-5-14-billion-by-2029---market-sizes-shares-forecasts-and-trends-analysis-report-with-covid-19-impact-by-meticulous-research-301628426.html