Global Sausages Casings Market Projected to Reach $8,153.7 Million by 2025
According to this latest publication from Data N Analysis, the global sausages casings market size was $5,809.1 million in 2018, and is projected to reach $8,153.7 million by 2025, growing at a CAGR of 5.1% from 2019 to 2025. Increasing meat production and meat consumption, increasing number of fast food restaurants chains, increasing consumer demand for artificial casings, and increasing investments from leading players have fueled the growth of the global sausages casings market. Conversely, operational challenges in natural sausages casings manufacturing has hindered the growth of this market to some extent.
The global sausages casings market study presents historical market data in terms of values (2017 and 2018), projected current data (2019), and forecasts for 2025- by type (natural sausages casings and artificial sausages casings (collagen casing, cellulose casing, plastic casing, fibrous casing, value added casing, and others). The study also evaluates industry competitors and analyzes the market at regional and country level.
On the basis of type, artificial sausages casings segment accounted for the major share of the global sausages casings market in 2018. The large share of this segment mainly attributed to the wide availability in variety of shape, sizes, and appearances; cost benefits to manufacturers; and their appropriateness for automated production. These casing are relatively new to the field, mainly borne of market demand during the technological advances of the early 20th century. Artificial casings further divided into collagen casing, cellulose casing, plastic casing, fibrous casing, and value added casing.
On the basis of geography, the sausages casings market analysis is conducted across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America held the major share in global sausages casings market in 2018, and is expected to remain dominant throughout the forecast period. The huge share of this market is attributed to established meat processing industry, huge consumption of sausage and processed meat products, increasing expenditure on processed food products, and increasing number of fast food restaurant chains. However, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. The fastest growth of this region primarily attributed to rapidly increasing population along with urbanization, growing popularity for western-style sausages, and growing meat processing industry.
Key players include in sausages casings market Viscofan SA, Viskase Companies, Inc., Devro PLC, Shenguan Holdings (Group) Limited, Kalle GmbH, DAT-Schaub Group, ViskoTeepak, FIBRAN, S.A., Colpak, Nippi, Inc., FABIOS S.A., Nitta Casings Inc., Oversea Casing Company LLC., De Wied International Inc., Natural Casings Company Inc., Fortis Natural Casings, Amjadi GmbH, Combinatie Teijsen V.D. Hengel(CTH), Almol (Australia) Casing Pty Ltd, World Casings Corporation, PeterGelhard Naturdärme KG, A Holdijk GmbH, and De Wied International Inc.,
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