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Europe Artificial Casings Market Projected to Reach $1.65 Billion by 2030

02-28-2024 10:17 AM CET | Food & Beverage

Press release from: Meticulous Research®

Europe Artificial Casings Market Projected to Reach $1.65

Meticulous Research® Forecasts Europe Artificial Casings Market to Surpass $1.65 Billion by 2030
Leading Global Market Research Firm Releases Comprehensive Report

Meticulous Research®, a premier global market research company, has unveiled its latest research report titled 'Europe 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 2030.'

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According to the findings presented in this report, the Europe artificial casings market is poised to achieve remarkable growth, reaching a valuation of $1.65 billion by 2030, with a projected Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period spanning from 2023 to 2030. In terms of volume, the market is expected to hit 16,558.8 million meters by 2030, exhibiting a CAGR of 3.4% from 2023 to 2030.

The surge in market expansion can be attributed to various factors including the escalating population growth in Europe coupled with a subsequent rise in meat consumption and production. Additionally, the increasing acquisitions from leading players, rising preference for artificial casings among sausage manufacturers, and the ongoing shift from natural to artificial casings due to operational challenges have significantly contributed to market growth. Furthermore, the rising number of foodservice chains and the emergence of vegetarian sausage casings present lucrative growth opportunities for companies operating within this market. However, it is noteworthy that the higher preference for natural sausage casings over artificial ones among consumers poses a challenge to the market's growth trajectory in Europe.

To gain more insights into the market with a detailed table of content and figures, click here:

The Europe artificial casings market is comprehensively segmented based on type, application, distribution channel, end user, and country.

Key Segments Include:
• Type: Collagen Casings, Cellulose Casings, Plastic Casings, Fibrous Casings, Textile Casings, Net Casings, Vegetarian Casings.
• Application: Animal-based Sausages, Plant-based Sausages.
• Distribution Channel: Offline, Online.
• End User: Food Processing Companies, Food Service Providers, Food Retailers, and Others.

Regional Insights: Germany is anticipated to dominate the Europe artificial casings market in 2023, owing to the presence of numerous sausage manufacturers and the escalating demand for convenience food products in the country. Conversely, the Netherlands is forecasted to register the highest CAGR during the forecast period.

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Key Players: Prominent players operating in the Europe artificial casings market include Viscofan S.A. (Spain), Devro PLC (U.K.), Selo (Netherlands), DAT-Schaub Group (Denmark), ViskoTeepak (Finland), FIBRAN S.A. (Spain), Viskase Companies, Inc. (U.S.), Innovia Films Limited (U.K.), FABIOS S.A. (Poland), Kalle GmbH (Germany), Oversea Casing Company LLC. (U.S.), and Nutra Produkte AG (Switzerland).
Meticulous Research® is recognized for delivering comprehensive and actionable insights that empower businesses to make informed decisions.

For more information or to obtain a copy of the report, please visit [website] or contact [contact information].
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About Meticulous Research®

Meticulous Research® stands as a frontrunner in delivering unparalleled market intelligence reports, consulting services, and customized solutions. Committed to precision, Meticulous Research® empowers clients to stay ahead in the ever-evolving business landscape.

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