According to a recent report by Future Market Insights, a market research and competitive intelligence provider, The collagen casing market was worth USD 1,683.5 million in 2022 and is predicted to increase to USD 2,827.5 million by 2032, with a CAGR of 5.6 percent between 2022 and 2032.
Collagen Casing Market Size Value in 2022 | USD ~1,683.5 Mn |
Collagen Casing Market Forecast Value in 2032 | USD ~2,827.5 Mn |
Global Growth Rate (2022 to 2032) | ~5.6% CAGR |
Forecast Period | 2022-2032 |
Collagen casings for sausage production offer a number of cost-cutting benefits, primarily because they are easier and more consistent to work with than gut. In the recent decade, the use of collagen casings in sausage preparation has expanded dramatically. Foodservice operators are becoming increasingly interested in collagen casings.
Natural casings are being phased out in favour of collagen casings due to their ease of use, constant size, and the fact that they can be utilised on high-speed equipment and are less complicated. The transition from natural to collagen casings that has occurred in recent years is noteworthy.
The rise of the overall meat sector in various emerging and less-developed countries is one of the major factors expected to increase the collagen casings market globally. Demand from developing countries continues to drive up meat production. At least 60% of beef production today takes place in developing countries.
Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8807
Key Takeaways from Market Study
- Europe had the greatest revenue share of the market in 2021. The population’s great desire for sausages is largely responsible for Europe’s domination. Consumers’ changing lifestyles in Europe have resulted in an increase in demand for healthy and nutritional products. Meat products that are easy to store and have a longer shelf life are preferred by consumers and retailers.
- During the projected period, the Asia-Pacific region has promising growth potential for the collagen casing market. This is due to increased outside food consumption, rising meat and healthy product expenditures, growing westernization culture, and rising population and urbanization.
- The offline segment is estimated to account for the largest share of the overall global collagen casings market in 2021. The large share of this market is mainly attributed to the growing number of modern groceries, mainly due to higher-quality food products offering, broader collection, and an improved shopping experience. However, the online distribution channel segment is expected to grow at the fastest CAGR during the forecast period.
- Casings of small caliber are mainly used for fresh sausages and are deemed edible. Small caliber collagen casings account for more than half of the market and are predicted to remain strong during the projection period. Cooked sausages are made with large diameter collagen casings that are not edible.
“The current COVID-19 epidemic has had a significant impact on the collagen casings business. Due to the unexpected closing of national and international borders, the outbreak has reduced operational efficiency and disrupted value chains, resulting in revenue loss and harm. The supply of collagen casings has been harmed as a result of the value chain disruption, which has harmed the market’s growth.” says a Future Market Insights analyst.
Get a Customized Scope to Match Your Need Ask an Expert@
https://www.futuremarketinsights.com/ask-question/rep-gb-8807
Competitive Landscape
Growing demand from emerging economies in Asia-Pacific, Latin America, the Middle East, and Africa should provide profitable prospects for market players. Product launches, mergers and acquisitions, joint partnerships, and R&D efforts are all common methods utilized by collagen casings industry participants.
- For example, in 2019, Viscofan bought the casing collagen division from Nitta Gelatin Inc., a publicly-traded Japanese firm engaged in the production and sale of collagen products for the pharmaceuticals, food, and industrial sectors.
Some of the leading companies offering collagen casings are Viscofan, S.A., Devro PLC, Nippi, Inc., Shenguan Holdings (Group) Limited, Fibran, S.A., Fabryka Oslonek Bialkowych FABIOS S.A., LEM Products Inc., DeWied International (Oversea Casing Company, Llc), Nitta Casings, Inc., Weschenfelder Direct Limited, and Belkozin.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the collagen casings market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
Collagen Casings Market – By Product Type
- Edible
- Non-edible
Collagen Casings Market – By Caliber
- Small
- Large
Collagen Casings Market – By Application
- Fresh Sausages
- Cooked Sausages
- Dry-Cured Sausages
- Meat-based Snacks
- Others (Pork Loin, etc.)
Collagen Casings Market – By End Use
- Industrial Food Processing
- Foodservice
- Private Label
- Butcheries and Meat Processors
- Others
Collagen Casings Market – By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Frequently Asked Questions
- What is the growth rate of the collagen casings market?
- What is the market’s forecasted outlook for 2022-2032?
- What are the major industry drivers?
- What are the key industry strategies of the global collagen casings market?
- What are the major regional markets for collagen casings?
- Which region consumes the highest amount of collagen casings?
- What are the most common types of collagen casings in the market?
- What are the market’s major application segments?
- What are the Key companies operating in the market?
Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports