Natural Sausage Casings Market To Reach USD 3,090.1 Million By 2022
The Global Natural Sausage CasingsMarket is expected to grow at a CAGR of 3.4% from 2017 to 2022 to reach
$3,090.1 million by 2022 from $2,614.7 million in 2017.The growth of this
market is mainly attributed to the increasing urbanization, growing meat
production, consumer preference to natural casings over artificial casings, and
rising number of fast food restaurant chains. However, increasing preference to artificial casing by sausage
manufactures, casings manufactures’ shift from natural casings to artificial
casings due to operational challenges, and health concerns over meat
consumption & animal diseases hinders the growth of the market to some
extent.
INCREASING URBANIZATION, MEAT production,
AND MEAT consumption ACROSS THE GLOBE
Global meat consumption has increased rapidly
in recent decades. This demand is associated with higher incomes and increased
urbanization. According to World Health Organization, the urban population in
2014 accounted for around 54% of the total global population, up from 34% in
1960, and continues to grow further. The global urban population is expected to
grow approximately 1.84% per year between 2015 and 2020, 1.63% per year between
2020 and 2025, and 1.44% per year between 2025 and 2030. As a result, consumers
are being exposed to a much wider choice and better availability of sausage
within the urban environment, compared to those who are living in rural areas.
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This urbanization trend contributes
significantly towards improved living standards and rising incomes which in
turn influence the affordability of sausage and processed meat products to a
greater extent, thus leading to the significant increase in the meat and
sausages consumption and production worldwide. Moreover, the IAASTD
(International Assessment of Agricultural Knowledge, Science and Technology for
Development) predicts that, the growing urban middle classes in China and other
emerging economies will adapt to the western diet of people in North America
and Europe with sausages and hot dogs, thereby, leading to the increased use of
natural casing by sausage manufactures in those regions.
Moreover, according to data from the Organization
for Economic Co-operation and Development (OECD), in 2015, the average American
adult consumed 90 kilograms (198.5 pounds) of meat, while the global average
during that same year was 34 kilograms (75 pounds). By 2024, these numbers are
projected to increase to 94.1 kilograms (207.5 pounds) per person in the U.S.
and 35.5 kilograms (78.3 pounds) globally.
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Geographically, Europe is the
major market in the global natural sausage casings market and is expected to
dominate this market during the forecast period, followed by North America, and
Asia-Pacific region. However, the Asian-Pacific region, especially China, is
expected to witness a boost in demand for natural casings and are poised to
register maximum growth over the next five years, as a result of their economic
development, rising meat production & consumption, growing westernization,
increasing population & urbanization, and growing focus of the global
natural casings players in this country.
The key players operating in the
global natural sausage casings market are Amjadi GmbH, Combinatie Teijsen V.D.
Hengel(CTH), Almol (Australia) Casing Pty Ltd, World Casings Corporation,
Natural Casings Company Inc., DAT-Schaub Group, Saria Se And Co. Kg, De Wied
International Inc., PeterGelhard Naturdärme KG, Oversea Casing Company LLC., A
Holdijk GmbH, Agrimares Group, Carl Lipmann & Co. KG, Fortis Srl, Irish
Casing Company, MCJ Casings, CDS Hackner GmbH, Saarland Metzgereibedarf Strobel
GmbH & Co. KG., Rugao Qingfeng Casing Co., Ltd, Baoding Huilin Group,
and Elshazly Casings Company.
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