Global Artificial Casings Market Will Reach USD 3,955.7 Million by 2022: Meticulous Research®
Asia Pacific region to witness a rapid growth mainly attributed to “rapidly increasing population and urbanization, growing popularity for western-style sausages, growing meat processing industry, and rising expenditure pattern,” says report.
London, United Kingdom – September 27, 2018 /MarketersMedia/ —
Global artificial casings market has shown strong growth pattern in recent years majorly due to global population and subsequent rise in the meat consumption and production, growing investments from leading players, increasing preference to artificial casings by sausage manufacturers, casings manufacturers’ shift from natural casings to artificial casings due to operational challenges, and rising number of food restaurant chains. In addition, emerging economics such as Southeast Asia, Latin America, and Africa provides significant opportunities to the manufacturers in the global Artificial Casings Market.
Meticulous Research® in its latest publication on artificial casings market states that the global artificial casings market will increase at a CAGR of 5.7% from 2017 to 2022 to reach USD 3,955.7 million by 2022. Wherein, geographically, North America holds the major share in this market followed by Europe. The growth in the North American artificial casings market is primarily attributed to its well established food and beverage industry, huge consumption of sausage and processed meat products, and increasing number of fast food restaurant chains. However, Asia Pacific region is slated to grow at a faster rate primarily due to the rapidly increasing population and urbanization, growing popularity for western-style sausages, growing meat processing industry, and rising expenditure pattern.
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The report provides meticulous analysis of global artificial casings market by segmenting it on the basis of type (collagen casings, cellulose casings, plastic casings, fibrous casings, value added casings, textile casings, and net casings). Wherein, among types, collagen casings commanded the largest share in the global artificial casings market in 2016. This is primarily attributed to lower cost of production in comparison with gut sausages. It also has the higher production speeds and lower labor requirements.
The key players analyzed in this global artificial casings market report are Viscofan SA (Spain), Devro PLC (U.K.), Selo S.V. (The Netherlands), Shenguan Holdings (Group) Limited (China), DAT-Schaub Group (Denmark), OY VISKOTEEPAK AB (Finland), FIBRAN, S.A. (Spain), Viskase Companies, Inc. (U.S.), Innovia Films Limited (U.K.), Colpak (South Africa), Nippi, Inc. (Japan), FABIOS S.A. (Poland), Nitta Casings Inc. (U.S.), Kalle GmbH (Germany), Oversea Casing Company LLC. (U.S.), and DeWied International Inc. (U.S.).
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Key Topics Covered in This Report:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Global Artificial Casings Market, By Type
6. Global Artificial Casings Market, by Geography
7. Competitive Landscape
8. Company Profiles
9. Appendix
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European Artificial Casings Market By Type (Collagen Casing, Cellulose Casing, Plastic Casing, Fibrous Casing, Value Added Casing, Textile Casing, Net Casing) – Opportunity Analysis And Industry Forecast To 2023
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Source: MarketersMedia
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