This report provides an in-depth analysis of natural sausage casings market in five major geographies and emphasizes on the current market trends, market size, recent developments, and forecast till 2028. The natural sausage casings market is expected to grow at a CAGR of 2.0% from 2021 to 2028 to reach $2.79 billion by 2028. In terms of volume, the natural sausage casings market is expected to grow at a CAGR of 1.4% from 2021 to 2028 to reach 36,213.3 million meters by 2028.
This market's growth is mainly attributed to increasing urbanization, meat production, & meat consumption; consumer preference for natural casings over artificial casings; and the rising number of fast-food restaurant chains. Moreover, growing demand from emerging economies, such as Asia-Pacific, Latin America, and the Middle East & Africa, are expected to create lucrative opportunities for players operating in this market. However, manufacturers shift from natural to artificial casings due to operational challenges and increasing consumer interest in vegan products are expected to hinder the growth of this market to some extent.
The study offers a comprehensive analysis of the natural sausage casings market based on source and geography. The natural sausage casings market is mainly segmented by source (hog, beef, sheep, and other sources), application (fresh sausages, pre-cooked sausages, smoked sausages, and cured sausages), distribution channel (offline and online), and geography. The study also evaluates industry competitors and analyses the market at a country level.
Key questions answered in the report
What is the current value of revenue generated by the natural sausage casings across the globe?
At what rate the demand for natural sausage casings is projected to grow for the next 5-7 years?
What is the historical market size and growth rate for natural sausage casings across the globe?
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 impact does the current COVID-19 pandemic have on the natural sausage casings market at various levels in the value chain?
Which segments in terms of the source are creating major traction for the vendors in this market?
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 natural sausage casings market?
Who are the major players in the natural sausage casings market? And also, what are their specific product offering in the sausage-making industry?
What recent developments have taken place in the natural sausage casings market, and how these strategic developments impact this market?
Market Dynamics
Drivers
Increasing Urbanization, Meat Production, and Meat Consumption across the Globe
Consumer Preference for Natural Casings over Artificial Casings
Rising Number of Fast-Food Restaurant Chains
Restraints
Increasing Preference for Artificial Casings by Sausage Manufactures
Increasing Consumers' Interest in Vegan Products
Opportunity
Emerging Economies
Challenges
Health Concerns and Animal Diseases
Company Profiles
Amjadi GmbH
World Casing Corporation
Peter Gelhard Naturdarme KG
Combinatie Teijsen V.D. Hengel (Part of Darling Ingredients)
In response to the unprecedented challenges that Latin America has faced during various health crises such as AH1N1, Zika, COVID-19, and Dengue, a prominent group of former health ministers and public health academics from the region has published in...
Simply Better Brands Corp. ("SBBC" or the "Company") announces that, further to the Company's news release dated January 25, 2023, and in connection with the Branding Earnout Agreement dated January 25, 2023, the Company has issued 89,966 common...
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Chegg, Inc. .
Chegg is a publicly traded educational technology...
Today, the Biden-Harris Administration released a final rule under Section 1557, the core nondiscrimination provision of the Affordable Care Act. This groundbreaking rule marks a critical step in protecting access to health care and coverage for...
Farmmi, Inc. ("Farmmi" or the "Company") , an agriculture products supplier in China, today announced that on April 22, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in...
AMC Entertainment Holdings, Inc. (the "Company," or "AMC"), today released preliminary results for the first quarter ended March 31, 2024. The preliminary results are unaudited, subject to completion of the Company's financial reporting processes,...