Meticulous Research®—a leading global market research company, published a research report titled, ‘Europe Sausage Casings Market by Type (Artificial Casings, Natural Casings), Application (Animal Meat Sausages, Vegan Sausages), Distribution Channel (Offline, Online), End User (Food Processors, Retailers), and Country - Forecast to 2030.’
In the latest publication by Meticulous Research®, it's forecasted that the Europe sausage casings market will attain a value of $2.72 billion by 2030, with a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. This growth is attributed to several factors including the increasing preference for artificial casings among sausage manufacturers, the rise in meat production and consumption across Europe, and the growing popularity of ready-to-eat and ready-to-cook food items. However, the market faces challenges due to complexities associated with natural sausage casings. Nevertheless, the emergence of vegetarian sausage casings presents new growth opportunities, though concerns regarding animal diseases and health remain a significant hurdle.
Key players in the Europe sausage casings market include Viscofan, S.A., Devro Plc, Selo B.V., DAT-Schaub Group, and others.
The report provides historical market data for 2021 and 2022, estimates for 2023, and forecasts up to 2030. The market is segmented based on type, application, distribution channel, end user, and geography.
Artificial sausage casings are expected to dominate the market in 2023, driven by factors such as increased consumption of processed meat and the growing demand for vegan sausages. Similarly, the animal-based sausages segment is projected to lead in 2023, while the plant-based sausages segment is anticipated to exhibit the highest growth rate.
In terms of distribution channels, offline sales are expected to hold the majority share in 2023, owing to the increasing availability of high-quality food products in modern grocery stores. However, online sales are expected to witness the highest growth during the forecast period.
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The report also delves into end user segments, with food-processing companies projected to hold the largest share in 2023 due to the growing demand for processed sausages. Geographically, Germany is expected to dominate the market in 2023, while the Netherlands is forecasted to experience the highest growth rate.
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