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A new research by Future Market Insights on the lithium and lithium ion battery electrolytes market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2029.

Future Market Insights (FMI) has forecasted the Automotive Bioplastics Market to grow with a year on year growth of 10.3% in 2022 reaching a value of about US$ 687.5 Mn by 2022 end.

The research study covers the latest trends, market influencing factors, key success factors, forecasting factors, macroeconomics factors, key information, and past market scenario. The report examines the automotive bioplastic market and delivers critical insights for the forecast period of 2022-2029.

The global automotive bioplastic market is estimated to be valued at ~US$ 521 Mn in 2022 and is expected to increase at a CAGR of ~11% during the forecast period. As per the comprehensive analysis provided in the report, the global automotive bioplastic market is anticipated to witness considerable growth in the coming years owing to the steady increase in the adoption of bioplastic materials for various car components.

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Application wise, the interior segment is expected to hold prominent value share of the global automotive bioplastic market. This segment includes seats, dashboard, air-duct, HVAC, and other related interior components.

Automotive bioplastic materials tend to reduce dependency on fossil resources, according to FMI’s analysis. Automotive bioplastic materials are not as affected by oil price instability the way petroleum-based materials are. Automotive bioplastics help reduce the dependency on limited fossil resources, which is a key growth driver for market, with fuel prices projected to surge significantly over the coming years.

Rising Demand for Electric Vehicles to Create High Growth Opportunities

Increasing environmental awareness and inconsistent fuel prices have influenced consumers, particularly in developed countries of North America and Europe, to opt for electric car models, such as plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).

Growing urban population, incentives for use of electric vehicles, reducing battery prices, strengthening transportation infrastructure in developed and emerging countries, and inter-governmental steps for electric vehicles are further driving the adoption of electric cars. This, in turn, is anticipated to contribute to the demand for automotive bioplastic materials during the forecast period.

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Governments have put immense pressure on automotive manufactures to reduce vehicle weight to achieve fuel economy. Nowadays, weights of vehicle modules in newer vehicles are much lighter than conventional ones, which had metal bodywork. It has been observed that these were nearly twenty percent heavier than today’s modules.

Companies are heavily investing in research & development and manufacturing strategies to reduce the weight of several body components. OEMs prefer bioplastic-based materials over conventional raw materials (steel) for specific applications as these help reduce the weight of the vehicle significantly and have other technological advancements over other materials.

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive bioplastic market. Few examples of key players in the automotive bioplastic market are Mitsubishi Chemical Corporation, Total Cobion PLA, NatureWorks LLC, Solvay Group, Eastman Chemical, Arkema Group, Braskem, Evonik Industries AG, BASF SE, and Dow Chemical Company, among others.

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The Carbon Mold Market to exhibit an year on year growth of 8.6% in 2022 reaching a value of about US$ 279.9 Mn by 2022 end. Carbon Mold can be manufactured using many materials Carbon fiber and graphite are the examplese of most common materials used in carbon mold. Carbon Molds are used for molding of carbon composite parts used in variety of applications.

A recent market study revealed by Future Market Insights on the carbon mold market incorporates global industry analysis for 2014-2018 and market opportunity assessment for the forecast period of 2019-2029. The market study reveals crucial insights and provides an in-depth market analysis for the historical as well as forecast period. As per the market assessment in the report, the global carbon mold market is estimated to witness noteworthy growth due to growing demand from aircraft and automotive manufacturing sectors.

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Increasing government regulations are pressurizing OEMs to manufacture lightweight vehicles and aircrafts, leading to incorporation of lightweight materials such as carbon composites. According to FMI’s analysis, increasing demand for carbon composites from the automotive and aerospace industries along with rising adoption of carbon fiber parts and components in electric vehicles are expected to positively influence the carbon mold market.

Calcium carbonate is one of the most abundantly occurring minerals on earth and composes nearly four percent of earth’s crust. It exists naturally in the form of limestone, marbles and chalk formed by sedimentation over a period of time. It is one of the most versatile compounds and finds a variety of applications across a diverse set of industries including construction, steel, and agrochemicals among others.  Two of the prominent types of calcium carbonate that have found significant commercial applications are fine ground calcium carbonate and precipitated calcium carbonate. Derived from calcium carbonate, these compounds find application primarily as mineral fillers for plastics, paints & coatings, rubbers & elastomers among others. Besides, fine ground calcium carbonate and precipitated calcium carbonate are also used as pigments, processing aids, extenders, and impact modifiers across industries. Although the two product types serve similar range of applications, there do exist several distinctions among the two that drive the preference for one type over the other for certain specific application areas. Precipitated calcium carbonate is composed of relatively smaller sized particles, is relatively brighter and also has relatively higher calcium carbonate content as compared to fine ground calcium carbonate. The two calcium carbonate types are produced either by processing naturally occurring minerals or by synthetic route wherein chemical process is adopted to produce the desired product type.

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Global Ground and Precipitated Calcium Carbonate Market Dynamics

In terms of market volume, global ground and precipitated calcium carbonate market is expected to witness a steady growth, registering a moderate single digit growth compounded annual rate during the forecast period. This forecast growth in consumption of ground and precipitated calcium carbonate is expected to primarily be attributed to steady growth in demand from end use industries based in Asia Pacific region. Thus, steady growth of construction sector coupled with forecast steady growth of global automotive production is expected to positively impact the consumption of ground and precipitated calcium carbonate across end use industries. Moreover, steady growth in demand from plastics and rubber industries is expected to propel the global ground and precipitated calcium carbonate market over the forecast period. However, relatively sluggish to slow growth of paper industry, major ground and precipitated calcium carbonate consuming industry, across key markets such as Europe and North America is likely to act as an impediment to growth of global ground and precipitated calcium carbonate market during the forecast period. Also, relatively slower economic growth is expected to restrain the growth of the market in the initial phase of the forecast period.

Global Ground and Precipitated Calcium Carbonate Market: Regional Outlook

Moreover, on the basis of key geographical regions, global ground and precipitated calcium carbonate market has been segmented in to North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Japan, and Asia Pacific excluding Japan (APEJ). Among the aforementioned regional markets, consumption of precipitated and ground calcium carbonate is expected to be dominated by APEJ region, spearheaded by China. A steady growth is expected to be registered by ground and precipitated calcium carbonate market in the region during forecast period

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Global Ground and Precipitated Calcium Carbonate Market Players

A major share of overall global production capacity for the two compounds is concentrated in Asia Pacific region followed by Europe and relatively lower shares distributed across other parts of the globe. Some of the key players operating in global ground and precipitated calcium carbonate market include among others,

• Solvay S.A.
• Minerals Technologies Inc.
• Imerys
• Huber Engineered Materials
• SCHAEFER KALK GmbH & Co KG
• Longcliffe Quarries Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, product types and end use industries.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Ground and Precipitated Calcium Carbonate Market Segmentation

Depending on type of product, global ground and precipitated calcium carbonate market has been segmented in to following key segments:

• Ground calcium carbonate
• Precipitated calcium carbonate

On the basis of end use industries, global ground and precipitated calcium carbonate market has been segmented in to following key segments:

• Plastics
• Rubber
• Paper
• Adhesives & Sealants
• Paint & Coatings
• Others

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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Phosphatidylserine market sales are likely to exceed 311 thousand metric tons by end of 2019, as per the latest report by FMI. A combination of multi-pronged factors, including high demand for cognitive well-being and consumer adherence to healthy diets, will continue to propel demand for phosphatidylserine in 2019 and beyond.

According to the FMI’s analysis, phosphatidylserine supplements have been proven useful in fighting age-related cognitive decline, such as dementia and Alzheimer’s. Moreover, efficacy of phosphatidylserine in treating neurological disorders, such as Attention deficit hyperactivity disorder (ADHD), is also fostering its adoption as a safe and reliable remedy in the global healthcare arena.

“Since a large portion of the global population is affected by cognitive impairment, clamor for natural products that can aid in enhancing cognitive functionalities is gaining momentum. Compared to other available products, phosphatidylserine has been witnessing high demand as an ideal solution for brain health, driven by clinically-proven long term benefits” says FMI report.

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As per the FMI analysis, end-users will continue to indulge in phosphatidylserine-rich foods and beverages, boosting the adoption of phosphatidylserine in food grade over the forecast period. This can be attributed to the increasing consumer proclivity to pay for foods with multifarious health benefits.

Conventional phosphatidylserine will remain highly preferred, with global sales estimated to exceed 279 thousand metric tons in 2019. Affordable prices as compared to that of the organic variants remain one among the chief aspects enhancing the visibility of conventional phosphatidylserine. However, preference for organic phosphatidylserine is likely to intensify over the forecast period, as organic claims will have deep-rooted influences on consumer decision-making.

Multipronged health benefits associated with phosphatidylserine makes it a viable proposition across multiple end-use industries. As per the FMI analysis, dietary supplements & nutraceuticals rich in phosphatidylserine will continue to gain consumer favor, on account of gravitation toward foods facilitating optimal brain function.

According to the FMI research study, plant-based phosphatidylserine supplements will be in high demand, with global demand estimated to surpass 209 thousand metric tons in 2019. Health concerns associated with animal-derived phosphatidylserine supplements continue to dent consumer confidence, inducing a massive shift to plant-based variants.

Sensing the importance of consumer acceptance for long-term market sustenance, manufacturers are curating products that cater to the evolving end-user needs. The report opines an in-depth understanding of end-user requirements to be the key to successful product positioning.

The GRAS status granted by the U.S. Food and Drug Administration is likely to expand the adoption of phosphatidylserine across other sectors, thereby driving the global sales. This grant is stimulating researchers and end-users to explore potential uses of phosphatidylserine in multiple varieties of functional foods, such as processed fruit juices, breakfast cereals, nutritional bars, and many other categories. Adoption of phosphatidylserine remains dormant in the cosmetic industry but is likely to tread on a promising growth path in the future, driven by its potential to moisturize and slowdown skin aging.

As per the FMI report, manufacturers of phosphatidylserine are making headway with strategic partnerships and collaborations, in a bid to diversify their product lines via combined expertise. Moreover, these partnerships enable both the involved parties to have enhanced access to a wide range of resources, which in turn facilitates their organic growth in the global market space.

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Global Phosphatidylserine Market: Segmentation

By Form:

• Powder
• Liquid

By End Use:

• Functional Foods
• Dietary Supplements & Nutraceuticals
• Cosmetics & Personal Care

By Grade:

• Food Grade
• Pharmaceutical Grade

By Nature:

• Organic
• Conventional

By Source:

• Plant Source
  • Soybean
  • Sunflower
  • Others (Cabbage etc.)
• Animal-derived

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Middle East & Africa
• Oceania

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

 

According to a recent study of Future Market Insights (FMI), global sales of calcium sulphate surpassed 285 thousand tons in 2018, and will record a 3.5% Y-o-Y growth in 2019. The study estimates construction industry to account for over 75% of overall calcium sulphate sales in 2019. While calcium sulphate has traditionally witnessed substantial adoption in the construction sector, there has been a significant increase in demand for calcium sulphate in paints & coatings, and industrial wastewater treatment applications in the recent past.

Steady growth prospects have been estimated for hydrated calcium sulphate sales in 2019, in contrary to anhydrous calcium sulphate. . This can be attributed to robust adoption of hydrated calcium sulphate in various construction applications, including coloring pigments and quick drying PoP. Sales of hydrated calcium sulphate will be 4X more than their anhydrous counterparts in 2019, according to FMI study. Continued adoption as a supplement in the food & beverage industry, as fillers and coating agents in paper industry, continue to remain other leading demand determinants of hydrated calcium sulphate.

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Growth Confined by Rising Availability of Economic & More Effective Alternatives

Growing availability of effective and economically feasible alternatives, such as aluminum sulphate and calcium chloride, continue to remain key concerns for players operating in the calcium sulphate market. Leading players in the market have already shifted their preference toward calcium sulphate substitutes, in light of their greater efficacy and convenience in manufacturing.

Regulatory standards imposed on calcium sulphate by the Environmental Protection Agency (EPA), and National Institute for Occupational Safety and Health’s (NIOSH), have significantly driven adoption of calcium sulphate alternatives. Additionally, better functionalities and performance outcomes apropos of using calcium chloride in construction applications, and aluminium sulphate in pharmaceutical and personal care product formulations, continues to pose a negative influence on sales of calcium sulphate worldwide.

Application of calcium sulphate in topsoil layer for improved crop yield has traditionally been a common practice among farmers worldwide. However, regulatory hurdles regarding use of gypsum, composed of calcium sulphate, have been arresting adoption of calcium sulphate in the agricultural industry. Additionally, reuse and recycling of calcium sulphate by-products has emerged as a popular trend in recent years, which in turn will impede demand for calcium sulphate in the near future. .

Leaders in calcium sulphate market such as Solvay S.A., Honeywell International Inc., and USG Corporation are currently focusing on investments in the development of low-cost sustainable gypsum boards, in line with the rise of green building initiatives that necessitate adoption of eco-friendly construction materials.

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Market Segmentation

By Product Form

• Anhydrous
• Hydrated

By Grade

• Technical Grade
• Food & Pharma Grade

By Function

• Coagulant
• Thickening Agent
• Excipient
• Desiccant
• Additive
• Intermediate

By End-use

• Construction
• Agrochemicals
• Food & Beverages
• Cosmetic & Personal Care
• Pharmaceuticals
• Paints & Coatings
• Paper

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• China
• Middle East & Africa

Over 3 thousand billion tons of powdered soft drinks were consumed in 2021, equaling a market value of US$ 10.6 billion. FMI’s new study reveals that consumption of powdered soft drinks is projected to grow at a subdued 2.3% y-o-y in 2022. Key factors identified in the FMI study can have a prominent influence on the overall growth of the powdered soft drinks market.

• Waning popularity of powdered soft drinks on the back of increasing demand for RTD beverages
• Overall soft drink consumption is hit by growing natural label demand and increasing health consciousness
• Continued popularity of powdered beverages in generation X and millennials supports the dwindling sales of powdered soft drinks

“Soft drinks consumption continued to dwindle in the past half a decade with evolving consumer demand trends such as nourishment, low or no-sugar, natural, clean label and sustainability. Despite their unique space in the beverage industry, popularity of powdered soft drinks declined in parallel to the meteoric rise in innovations and new flavors of other types of soft drinks. Traditional popularity combined with steady flavor innovations are likely to sustain powdered soft drinks sales with a projected 2.8% annual growth in revenues in 2019,” says FMI.

Orange Flavored Powdered Soft Drinks Top Selling

Orange remains the most popular flavor among a plethora of fruit flavors offered by beverage manufacturers. The FMI study finds that consumption of orange flavored powdered soft drinks is expected to surpass 1065 billion tons in 2022 and account for over 31% of all the powdered soft drinks market consumption.

Despite the introduction of multiple variants to stand-out in the market competition, orange followed by apple continues to capture consumer traction owing to their traditional popularity among consumers. Apple is the second most highly liked flavor in beverages and held nearly 20% of all the powdered soft drinks consumption in 2021.

With the evolving palate of consumers for different flavors, FMI study finds that collectively apple, mango and berry will grow at over 3% y-o-y in 2022 and account for over one-third share of total consumption.

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Sales in Household Application Highest

The study reveals that powdered soft drinks’ huge demand continued in the household application in the past decade. In 2022, sales in the household application will account for over 85% of all powdered soft drinks sales globally. Powdered beverages witnessed significant penetration in household application due to affordability combined with taste.

While the sales in household application continue to grow steadily, FMI shows that purchase of powdered soft drinks among institutional buyers will witness a steady rise with a 3.4% annual growth projected in 2022.

Distribution through Mass Grocery Retailers Significant

Over 38% of all the powdered soft drinks sold in 2021 were through mass grocery retailers. Owing to the affordable prices provided by these retailers, mass grocery retailers remain the prime choice of consumers for grocery purchase. Similar trend follows in powdered soft drinks market wherein consumer purchase of powdered beverages through mass grocery retailers continue to rise.

According to the study, distribution of powdered soft drinks through hypermarket/supermarket and discount stores remains second highest wherein collectively they accounted for 45% of the total powdered soft drinks consumption in 2021.

Pouches and Sachets of Powdered Soft Drinks Highly Preferred Packaging Solutions

FMI thoroughly studied consumer preference for different packaging solutions of powdered soft drinks available in the market. The study shows that pouches and sachets are highly preferred packaging solutions for powdered soft drinks among consumers. Over 86% of the powdered soft drinks sold were packaged in pouches and sachets in 2021. While the status-quo is expected to continue in the future, the FMI study finds that consumption of powdered soft drinks in bulk packaging is expected to at 3.8% annual rate in 2022.

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Europe Leads Consumption, APEC Consumers Grow Rapidly

As per FMI regional valuation, Europe accounted for nearly one fourth of the powdered soft drinks consumer in 2021. North America is the second largest consumer of powdered soft drinks. While the status-quo is expected to continue in 2022, the study reveals that APEC will outsell these prominent consumers beyond 2022. Developing economies in APEC and MEA are likely to witness increasing consumption of powdered soft drinks with the expanding middle class that prefers affordable products in their purchase.

The FMI report tracks the powdered soft drinks market for the period 2022-2027. According to the report, the powdered soft drinks market is projected to grow at 2.6% volume CAGR through 2027.

Global Powdered Soft Drinks Market:Segmentation

Analysis by Flavour:

• Cola
• Orange
• Lemon
• Mango
• Apple
• Berry
• Mixed Fruit
• Others

Analysis by End Use:

• Institutional
• Foodservice/HoReCa
• Household (Retail)

Analysis by Sales Channel:

• Hypermarkets/Supermarkets
• Discount Stores
• Mass Grocery Retailers
• Wholesale Club Stores
• Foodservice
• Others

Analysis by Packaging:

• Carton Boxes
• Pouches & Sachets
• Cans
• Bulk Packaging

Analysis by Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

The collagen casing market was valued at USD 1,683.5 million in 2022 and is projected to reach USD 2,827.5 million by 2032; it is expected to grow at a CAGR of 5.6% from 2022 to 2032. While Europe has traditionally reigned supreme in the collagen casings market, followed by the Americas, China has been demonstrating substantial potential to propel collagen casings sales in the recent past.

The meat and casings industry has been pounded by spiking costs, pricing pressures, and uncertain trade scenarios. Although the industry continues to be significantly influenced by raw material prices, bolstering popularity of synthetic casings such as collagen casings will uphold the revenues on a promising growth trajectory, says FMI’s report.

Europe currently accounts for over 40% share in the total consumption of collagen casings. Increasing globalization of dietary practices among Asia’s evolving consumer demographics, especially growing westernization of Chinese diet, is favoring sales of processed meat products and sausages within emerging Asian markets. In the light of China’s growing appetite for sausages, backed by the mass consumer shift from high-carb to high-protein foods, China is positioned as the potential gold mine for sausages makers and collagen casings manufacturers. As a sizable Chinese population continues to prefer low-cost alternatives for meat and meat-based products, collagen casings are slated for significant consumption in manufacturing of sausages. However, despite high strategic importance, China will remain a highly competitive, low-cost market in the long run, says the report.

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Higher applicability of collagen casings has been estimated in fresh sausages over cooked, whereas FMI forecasts meat-based snacks to emerge as the second most sought after application of collagen casings. The report projects that dry-cured and pork lion, besides cooked sausages, will create lucrative investment opportunities for manufacturers of collagen casings in coming years.

Registering over half the total consumption volume, small caliber collagen casings continue to reflect a strong consumption potential in the edible, fresh sausages segment. With increasing inclination of foodservice operators towards regenerated collagen casings over natural casings, manufacturers continue to discover maximum demand from foodservice providers. The report anticipates private labels to register a higher rate demand for collagen casings – especially in the fresh, frozen, and ready-to-cook segments.

Casings manufacturers and sausage makers accelerating their mass shift to collagen casings over animal gut owing to the former’s uniform consistency, greater strength, and convenience of mass production through production line automation. The report attributes growing consumption of collagen casings by sausages manufacturers to the marginal benefits offered by relatively stable pricing of collagen casings, in addition to the tenderness, ease of cooking, and healthful content. Foodservice operators, cited as the prime consumer of collagen casings, will adhere to the advantages of better productivity and production standardization at relatively lesser labor, creating steady growth prospects for collagen casings market in the near future.

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A growing trend of veganism has been buffeting meat consumption levels over the recent past, which is subsequently limiting sales volume of collagen casings. With a towering number of foodservice chains launching vegan product lines and processed food manufacturers seeking sustainable meat alternatives, the meat and sausages sales are most likely to witness a considerable slowdown – restricting rapid growth of collagen casings. Competition from non-food verticals such as cosmetics and personal care products industry will also remain a key factor posing challenges to raw material pricing and supply, says FMI.

The report tracks global collagen casings market for an ten-year forecast period, 2022-2032. Projecting a 5.6% volume CAGR through 2027, the report offers exclusive insights on the various other facets of collagen casings market

Global Collagen Casings Market: Segmentation

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