The Artificial Casings Market 5
he 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, consumersu2019 preference
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The Artificial Casings Market is projected to reach $5.14 billion by 2029, growing at a CAGR of 6.6% from 2022 to 2029. In terms of volume, the market is expected to reach 51.93 billion meters by 2029, at a CAGR of 3.8% from 2022 to 2029. Key growth drivers include the rise in global meat consumption and production, the increasing preference for artificial casings among sausage manufacturers, operational challenges associated with natural casings, and the expansion of foodservice chains. Download free sample report here: https://www.meticulousresearch.com/download- sample-report/cp_id=5035 Increase in Global Population and Meat Consumption Drives Market Growth Global population growth, particularly urbanization, drives the demand for artificial casings. According to the UN DESA, the world population reached 7.9 billion in 2021 and is projected to reach 8.5 billion by 2030, 9.7 billion by 2050, and 11.2 billion by 2100. The urban population accounted for 56.2% of the total global population in 2021, continuing to grow at a steady pace. The rise in global population has led to increased meat and sausage consumption and production. OECD data shows that in 2020, the average American consumed 97.5 kilograms of meat, while the global average was 34.44 kilograms. By 2030, these numbers are expected to rise to 99.5 kilograms in the U.S. and 37.3 kilograms globally. Annual meat production is projected to grow from 218 million tonnes in 1997-1999 to 376 million tonnes by 2030. This growth directly impacts the demand for artificial casings, driving market expansion. Key Findings in the Artificial Casings Market Study:Collagen Casings Segment to Dominate in 2022 Based on type, the market is segmented into collagen casings, cellulose casings, plastic casings, fibrous casings, textile casings, net casings, and vegetarian casings. In 2022, collagen casings are expected to hold the largest market share, attributed to their lower production cost, higher production speeds, and lower labor requirements. Their beneficial properties, such as edibility, standard diameter, uniformity, and strength, also contribute to their demand. Browse in depth: https://www.meticulousresearch.com/product/artificial-casings- market-5035 The vegetarian casings segment is projected to register the highest CAGR during the forecast period, driven by advancements in food technology, increasing animal protein intolerance, rising investments in plant-based companies, and growing vegetarian and vegan populations. Offline Segment to Capture Largest Share in 2022
Based on distribution channel, the market is segmented into offline and online. In 2022, the offline segment is expected to hold the largest share, driven by the growing number of modern groceries, the availability of a wider range of food products, and enhanced shopping experiences. The online segment is projected to register the higher CAGR, driven by faster accessibility, cost-effectiveness, increasing internet and smartphone penetration, and rising disposable incomes. Food Processing Companies Segment to Dominate in 2022 Based on end user, the market is segmented into food processing companies, food service providers, food retailers, and other end users. In 2022, food processing companies are expected to hold the largest share, driven by high demand for sausages and increased sausage production, preference for innovative food options, and rising automation in sausage production. The food service providers segment is projected to register the highest CAGR, driven by increased fast food demand due to busy lifestyles and the proliferation of food distribution channels. Key Players The artificial casings market is highly fragmented, with many small private vendors. Key players include Viscofan, S.A. (Spain), Devro plc (U.K.), Selo B.V. (Netherlands), Shenguan Holdings (Group) Limited (China), DAT-Schaub Group (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). Quick buy: https://www.meticulousresearch.com/Checkout/10427298 Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
