Press release
Fibrous Casing Market Growth Navigating a 5% CAGR to a US$ 6 Billion Landscape by 2034
The global fibrous casing market is expected to witness significant growth in the coming years. Fibrous casings are widely used in the food industry for the production of sausages, salami, and other processed meat products. These casings are made from a combination of cellulose and other natural fibers, which provide strength, flexibility, and excellent barrier properties.According to a new Fact.MR research study, the global fibrous casing market is expected to grow to US$ 3.7 billion by 2024. The global market for fibrous casings is expected to grow at a compound annual growth rate (CAGR) of 5% between 2024 and 2034, with a projected valuation of US$ 6 billion.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ : https://www.factmr.com/connectus/sample?flag=S&rep_id=1719
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ
One of the key factors driving the growth of the fibrous casing market is the increasing demand for processed meat products. With the rising population and changing consumer preferences, the demand for convenience foods has been on the rise.
Processed meat products, such as sausages and salami, are easy to cook and consume, making them a popular choice among consumers. Fibrous casings are widely used in the production of these products as they provide an attractive appearance, excellent moisture retention, and good smoke penetration.
Another factor contributing to the growth of the fibrous casing market is the increasing awareness about food safety and hygiene. Fibrous casings are known for their excellent barrier properties, which help in preventing the growth of bacteria and other microorganisms.
This ensures the safety and quality of the processed meat products, thereby increasing their shelf life. Moreover, fibrous casings are easy to handle and can be easily peeled off, making them a preferred choice among manufacturers.
The fibrous casing market is also driven by the growing trend of natural and organic food products. Consumers are becoming more conscious about their health and are opting for products that are free from artificial additives and preservatives.
Fibrous casings are made from natural fibers, making them a suitable choice for manufacturers who want to cater to this growing demand for natural and organic products.
๐๐๐๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก @ https://www.factmr.com/report/1719/fibrous-casings-market
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- Kalle
- Viskase
- Selo
- ViskoTeepak
- Global Casing
- Walsroder
- Ahlstrom-Munksjo
- Viscofan
- Futamura Chemical
In addition, the fibrous casing market is witnessing growth due to the increasing demand for customized casings. Manufacturers are offering a wide range of fibrous casings in different sizes, colors, and patterns to meet the specific requirements of their customers. This customization helps in enhancing the visual appeal of the processed meat products and makes them stand out in the market.
However, there are certain challenges that may hinder the growth of the fibrous casing market. One of the major challenges is the availability of alternative casing materials, such as collagen and plastic casings. These casings offer similar properties and are often preferred by manufacturers due to their cost-effectiveness. Moreover, the increasing concerns about the environmental impact of fibrous casings may also pose a challenge to the market growth.
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According to the Fact.MR research study, North America is expected to hold a 24.3% share of the global market revenue by the end of 2034. Fibrous casing market share chances are expected to be aided by the region's well-established food and beverage industry as well as the growing number of fast-food serving chains.
By the end of 2034, the United States is expected to hold a 45.6% share of the North American market. Sales of fibrous casings are expected to rise in the US due to the growing demand for frozen food items in supermarkets and hypermarkets. Furthermore, it is anticipated that investments in innovative packaging will positively impact the growth of the fibrous casing market in the US.
By 2034, China is predicted to hold a 47.5% market share in East Asia. China's food business is upgrading and modernizing right now. Because of this, producers are using cutting-edge packaging materials and technologies to enhance the quality, appearance, and shelf life of their products. Fibrous casings offer effective, contemporary packaging options that complement these emerging trends.
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