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Bharat Book Bureau Provides the Trending Market Research Report on “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” under the Food & Beverage Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
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
The 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,’ provides an in-depth analysis of the artificial casings market across five major geographies and emphasizes the current market trends, market sizes, recent developments, and forecasts till 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.
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 study offers a comprehensive analysis of the artificial casings market based on type (collagen casings [edible collagen casings and non-edible collagen casings], cellulose casings, plastic casings, fibrous casings, textile casings, net casings, and vegetarian casings), application (animal-based sausages [fresh sausages {pre-cooked sausages, smoked sausages, and cured sausages} and processed sausages] and plant-based sausages), distribution channel (offline and online), end user (food processing companies, food retailers, food service providers, and other end users), 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.
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. 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 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. 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.
Key questions answered in the report:
•What is the value of revenue generated from the sales of artificial casings worldwide?
•At what rate is the global demand for artificial casings projected to grow for the next 5–7 years?
•What is the historical market size and growth rate for artificial casings worldwide?
•What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing market players and new entrants in the market?
•What are the impacts of the COVID-19 pandemic on the artificial casings market at various levels in the value chain?
•What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the vegetarian sausage casings market?
•Who are the major players in the artificial casings market? What are their product offerings?
•What are the recent developments in the artificial casings market, and what are the impacts of these strategic developments on the market?
Browse our full report with Table of Content:
https://www.bharatbook.com/report/1371423/artificial-casings-market...
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