LONDON, Feb. 19, 2018 (GLOBE NEWSWIRE) -- The global artificial casings market will grow at a CAGR of 5.7% from 2017 to 2022 to reach USD 3,955.7 million by 2022, mainly driven by “increase in the global population and subsequent rise in the meat consumption and production, accelerating 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. However, consumer preference to natural casings over artificial casings may restrict the growth of this market to some extent,” Meticulous Research noted in a press release today.
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The report also notes that, the collagen casings commanded the largest share in this market in 2016. “The cost to produce sausages by using collagen casings is significantly lower than making sausages in gut because of higher production speeds and lower labor requirements. This is the key reason behind the largest share of this segment in the global artificial casings market.”
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.
The key players in this market are Viscofan SA (Spain), Devro PLC (U.K.), Selo (The Netherlands), Shenguan Holdings (Group) Limited (China), DAT-Schaub Group (Denmark), ViskoTeepak (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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Report Scope:
Product Type
- Collagen Casings
- Edible
- Non-Edible
- Cellulose Casings
- Plastic Casings
- Fibrous Casings
- Value Added Casings
- Textile Casings
- Net Casings
Geographic Scope
- North America
- U.S.
- Canada
- Europe
- Germany
- Italy
- France
- Spain
- U.K.
- Poland
- The Netherlands
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Rest of World
- Latin America
- Brazil
- Mexico
- Chile
- Argentina
- Colombia
- RoLATAM
- Middle East and Africa
- Latin America
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Contact Info:
Viren Shrivastava
Email: viren@meticulousresearch.com
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