European Artificial Casings Market By Type (Collagen Casing, Cellulose Casing, Plastic Casing, Fibrous Casing, Value Added Casing, Textile Casing, Net Casing)- Opportunity Analysis And Industry Forecast To 2023
European Artificial Casing Market by Type (Collagen Casing, Cellulose Casing, Plastic Casing, Fibrous Casing, Value Added Casing, Textile Casing, Net Casing)- Opportunity Analysis and Industry Forecast to 2023
European artificial casing market is slated to exhibit a lucrative growth rate. This market is expected to reach USD 1,159.7 million by 2023, at a CAGR of 4.8% in the forecast period from 2018 to 2023.
Following a comprehensive research on artificial casings market and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, challenges, and opportunities in the market dynamics segment. The increase in the population and subsequent rise in the meat consumption and production, increasing sausage manufacturers’ focus on productivity and costs reduction, increasing preference to artificial casings by sausage manufacturers, and casings manufacturers’ shift from natural casings to artificial casings due to operational challenges are the key market drivers covered in the report which will support the industry growth in the forecast period. However, consumer preference to natural casings over artificial casings is restraining growth of this market to some extent.
An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the major geographies (Germany, Italy, France, Spain, U.K., Poland, The Netherlands, Russia, and Rest of Europe). The geographic analysis provides detailed insights on the key trends of the industry in the listed countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identified that Germany dominated the European artificial casings market in 2017. The large share of this country is mainly attributed to the growing production and consumption of processed meat products, presence of large number of artificial casings manufacturers, and growing population in the country.
The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2015-2018). The study has also incorporated the market share analysis of leading players and detailed profiles of 17 top market players across the value chain of the industry, including detailed financial performance, product offerings, and strategic growth initiatives of each player.
The key players operating in the European artificial casings 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.), Biostar Group (Russia), and De Wied International Inc. (U.S.) among others.
Scope of the Report:
Market by Product Type:
Value Added Casing
Market by Geography:
Rest of Europe