Global Artificial Casings Market Poised for Robust Growth, Reaching $5.14 Billion by 2029
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, Vegetarian Casing), Application (Vegan Sausages), Distribution Channel
(Online), End User (Food Processing Companies, Retailers) - Global Forecast to
2029.’
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According to this latest
publication from Meticulous Research®, 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. 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.
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 the country level. Based on type, the artificial 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. The rapid growth of this segment is
attributed to the advancements in food technology, the increasing number of
people with animal protein intolerance, the increasing venture investments in
plant-based companies, and the rising vegetarian and vegan populations.
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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. The rapid growth
of this segment is attributed to the consumer shift toward healthy, tasty,
sustainable, and environment-friendly varieties of sausages.
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. The rapid growth of this segment is attributed to faster
accessibility and cost-effectiveness offered by online shopping platforms, the
increasing internet and smartphone penetration, and the rising disposable
income among consumers.
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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. The growth of this segment is driven by
factors such as the increased demand for fast food due to the busy lifestyles
of the working population and the proliferation of food distribution channels.
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.
The key players operating in the
artificial 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).
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