European Artificial Casing Market: Overview
With the significant technological advancements and enhanced production systems, the artificial casing market is experiencing remarkable growth in the European region. The preference of artificial casing over natural casing owes to the higher cost, availability of raw materials, and challenges involved in sourcing the animal intestines for the production of the natural casing. Furthermore challenges like the cleansing of the animal intestine, the immense necessity of cold storage, and higher labor cost is yet other factors that are promoting the growth of European artificial casing market.
In a report, Transparency Market Research explains various facets of European artificial casing market. The report offers an in-depth analysis of factors like notable developments, key drivers in the region, major players, and specific areas where the businesses in European artificial casing market could leverage the potential growth.
European Artificial Casing Market: Notable Developments and Competitive Landscape
- Viscofan, a Spanish company acquired Globus Companies infrastructure in Australia and New Zealand in 2018. The acquisition was part of the expansion strategy in order to increase its production of artificial casings.
- In 2017, Kalle GmbH and Tub-Ex joined hands to establish a new firm Pro-Ex. The new organization shall be taken care of by the Tub-Ex ensuring a one-stop platform for the customers of Kalle GmbH and Tub-Ex.
- Nitta Casing uses a brand new automated process to produce artificial casing known as Co-extrusion using collagen gel.
Presently, the majority of organizations are coming up with new techniques to produce artificial casings. One of them is using collagen gel. The technique lowers the production cost of the artificial casing which as a result is influencing the growth of European artificial casing market.
European Artificial Casing Market: Key Drivers
As a result of increasing population and the resulting increase in meat consumption is the prime factor that is driving the growth of European artificial casing market. Secondly, increasing the focus of manufacturers towards productivity and cost reduction is yet another reason that shall drive European artificial casing market’s growth in the forecast period. However, the availability of raw materials for the natural casing is either unconventional or highly expensive and require high maintenance so that they can keep the meat fresh are some other parameters that are helping the European artificial casing market. Although the majority of users still prefers natural casing over artificial casings can hamper the growth of European artificial casing market. However, the rising concerns of personal hygiene and know about your food shall help European artificial casing market to grow substantially.
European Artificial Casing Market: Regional Analysis
The European region is the leader when it comes to artificial casing market throughout the globe. However, in the European region itself countries like Germany, Italy, France, and Spain show a huge potential for businesses in an artificial casing market. Germany specifically dominates the entire European region. This commitment is attributed to the growing production and consumption of processed meat products in the country. Also, the development of new and advanced technology in the country to manufacture artificial casing to processed meat products is again favoring the growth of European artificial casing market. However, Germany is followed by countries like France and Italy in allowing opportunities for businesses in the European artificial casing market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.