North America Natural Sausage Casings Market (2018-2025)
The North America Natural Sausage Casings Market is expected to reach $1,016.63 million by 2025, at a CAGR of 3.0% during the forecast period of 2018 to 2025.
- Published
- Jan 2019
- Pages
- 71
- Format
- PDF + Excel
- Report ID
- MRFB - 10463
- Base year
- 2017
- 2025 · FORECAST
- $1.02B
- 2025
- $1.02B
- CAGR 2018–2025
- 3.0%
2017 baseline · 2018–2025 forecast at 3.0% CAGR · hover a bar for the value
Report summary
| Particulars | Details |
|---|---|
| Base Year | 2017 |
| Estimated Year | 2018 |
| Forecast Period | 2018–2025 |
| Market Size (2025) | USD 1.02 billion |
| CAGR (2018–2025) | 3.0% |
| Format | PDF, Excel & Cloud Portal · 71 pages |
| Segments Covered | By Source: Hog, Beef, Sheep, Other |
| Countries Covered | North America (Canada, Mexico) |
Report overview
Segments covered: source. Regions: North America.
Increasing population, urbanization, meat production, and meat consumption across the North America; consumer preference to natural casings over artificial casings; and rising number of fast food restaurant chains are the key factors driving the growth of the North America natural sausage casings market.
According to the World Bank, the population of North America has increased from 337.4 million in 2008 to 362.4 million in 2017. 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. 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 across the North America.
According to 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.; Also, according to the U.S. Department of Agriculture (USDA), in the U.S., the total red meat and poultry production was up by 2.6% in 2015, and up by 3.1% in 2016, and up another 2.9% in 2017. Therefore, increasing population, urbanization, meat consumption, and production across the North America have direct impact on the increased demand of natural sausage casings from sausage manufacturers and meat producers around the North America.
Report infographic
Table of contents
9 chapters · 52 sections · 71 pages · click to expandGeographic analysis
North America
Fastest growthOver recent decades, Mexico have seen fast and significant changes in food consumption levels and patterns. According to the World Bank, in 2017, urban population of Mexico has increased from 77.42% in 2008 to 79.9% in 2017, growing at an average annual rate of 0.68%. Due to urbanization, 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, boosting the growth of natural casings market. This research report analyzes major geographies and provides comprehensive analysis of North America (U.S, Canada, and Mexico). The U.S. commanded the largest share of the North America natural sausage casings market mainly attributed to the rising fast food restaurants, increasing meat expenditure and meat consumption, increasing demand for convenience food products, rising demand of high protein foods, and growing population. It is also the fastest growing country of the North America natural sausage casings market. The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years. The key players profiled in the North America natural sausage casings market report are Amjadi GmbH (Germany), Peter Gelhard Naturdärme KG (Germany), World Casing Corporation (U.S.), Natural Casing Company Co. (U.S.), Oversea Casing Company LLC (U.S.), DeWied International, Inc. (U.S.), DAT-Schaub Group (Denmark), Combinatie Teijsen V.D. Hengel (Netherlands), Almol (Australia) Casing Pty Ltd. (Australia), Agrimares Group (Spain), Carl Lipmann & Co. Kg (GmbH & Co.) (Germany), Fortis SRL (Italy), Saria SE and Co. KG (Germany), Rugao Qingfeng Casing Co., Ltd (China), CDS Hackner GmbH (Germany), Saarland Metzgereibedarf Strobel GmbH & Co. KG (Germany), and Denison Casing Corporation (U.S.). Mexico Provides Growth Opportunities Through 2025 U.S.: The Largest and Fastest Growing Market North America Natural Sausage Casings Market Key Players The North America natural sausage casings market favors both larger and local manufacturers that compete in multiple segments
Cite this report
Meticulous Research. (2019). North America Natural Sausage Casings Market - Opportunity Analysis and Industry Forecast (2018-2025) (Report No. MRFB - 10463). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/north-america-natural-sausage-casings-market-4880