Global Sausage Or Hotdog Casings Market - Forecast (2022 - 2027)
Global Sausage Or Hotdog Casings Market size is estimated to reach $2.6 billion by 2027, growing at a CAGR of 3.9% during the forecast period 2022-2027. Sausage or hotdog casings are also demarcated as sausage skin which is taken into account to circumscribe the sausage fillings comprised of grains, spices, and finely ground and seasoned meat. Casings are generally of two types natural and artificial. However, in order to overcome the shortcomings of natural casings, artificial alternatives such as collagen casings, cellulose casing, and fibrous casings came into existence in the early 20th century. Sausages are deemed to be a sound source of iron and vitamin B-12 which are of utmost significance when it comes to ensuring the health of red blood cells. Nevertheless, vitamin-rich sausages help in the production of metalloprotein accountable for oxygen transportation in vertebrates. The global sausage or hotdog casings market outlook is fairly enchanting as demand for ready-to-eat functional food is expanding day after day. On another hand, proliferating fast-food outlets chains, disposable income, and heavy consumption of meat as many life-threatening maladies including cancer have come to the foreground on an unprecedented scale factor set to drive the growth of the Global Sausage Or Hotdog Casings Market for the period 2022-2027.
Global Sausage Or Hotdog Casings Report Coverage
Key Takeaways
- Augmenting demand for protein-rich and ready-to-eat foods is said to be the preeminent driver driving the growth of the Global Sausage Or Hotdog Casings Market. A vulnerable supply chain and closed fast food outlets due to the COVID-19 rigorous restrictions are said to reduce the market growth.
- Geographically, the Europe Global Sausage Or Hotdog Casings Market accounted for the highest revenue in 2021. However, Asia-Pacific is poised to dominate the market over the period 2022-2027.
- Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Sausage Or Hotdog Casings Market report.
Global Sausage Or Hotdog Casings Industry Outlook
- Devro
- Kalle
- A Holdijk
- Amjadi
- Viscofan
- DAT-Schaub Group
- International Casings Group
- Oversea Casing Company
- DeWied International
- Natural Casing Company
- March 29, 2021, Nevada, United States-based company "Oversea Casing Company" which deals in meat sausage and casings changed the name of Mexico-based sales and distribution facility from "Dewied International de Mexico" to "Oversea casings de S." The move comes into the picture after 2 years of a successful merger between Oversea and Dewied.
- January 17, 2020, Switzerland-based well-known food and beverage company "Nestle" announced the launch of the new casings "Garden Gourmet and Sweet Earth." which are purely plant-based. The plant-based sausage is developed from legume crop soy and pea. Moreover, the company claimed that the product is likely to be a hit as the vegan population augmenting worldwide.
- In December 2019, Spain-based casings manufacturer company “Viscofan” announced that it has successfully acquired the casings business from Japan-based company “Nitta Gelatin.” In order to bring the transaction to a close Viscofan made a payment worth $13.5 million. The transaction strengthens Viscofan’s casings production portfolio in North America.
