The Europe Alginate Casings Market would witness market growth of 10.3% CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe Alginate Casings Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $76.9 Million by 2030. The UK market is exhibiting a CAGR of 9.2% during (2023 - 2030). Additionally, The France market would experience CAGR of 11.1% during (2023 - 2030).
The applications of this extend far beyond traditional sausage production, showcasing their adaptability and versatility. Alginate, known for its gelling and film-forming properties, allows for the creation of casings suitable for various food products.
Moreover, beyond sausages, it has found applications in producing frankfurters, hot dogs, and other processed meat products. The ability to tailor the properties of this to meet specific product requirements has opened doors to diverse possibilities within the food industry.
With the rise in meat production, there is likely an increased demand for processed meat products, including sausages. Alginate casings, derived from seaweed, can be used as an alternative to traditional casings for these products. As per the Government of the United Kingdom, the total value of meat in 2021 increased by 5.9% to £9.1bn. The value of beef and veal production increased by 10% to £3.3bn in 2021, following an increase of 8.3% in 2020. Therefore, with the rising meat production in Europe, there will be increased demand for this in the region.
Free Valuable Insights: The Global Alginate Casings Market will Hit USD 1.1 Billion by 2030, at a CAGR of 10.4%
Based on End User, the market is segmented into the Food Industry, and Pet Food Industry. Based on Usage, the market is segmented into Halal, Kosher, and Others. Based on Application, the market is segmented into Meat, Fish, and Vegan. Based on Type, the market is segmented into Flavored, Colored, and Basic. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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