Collagen Casings Market Growth | High birth rate, and rising incidences of neonatal disorders


Posted May 22, 2023 by shitalt

The key factors supporting the growth in this market include the increase in the global population and subsequent rise in meat consumption and production
 
According to this latest publication from Meticulous Research®, the Collagen Casings Market is expected to grow at a CAGR of 5.9% from 2021 to 2028 to reach $2.04 billion by 2028. In terms of volume, the collagen casings market is expected to grow at a CAGR of 2.1% from 2021 to 2028 to reach 18.99 billion meters by 2028.

The growth of this market is mainly attributed to an increase in the global population and subsequent rise in meat consumption and production; increasing preference to collagen casings by sausage manufactures; casings manufacturers’ shift from natural casings to collagen casings due to operational challenges; and rising number of fast-food restaurant chains.

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Moreover, growing demand from emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa is expected to create lucrative opportunities for players operating in this market. However, consumer preference for natural casings over collagen casings is expected to hinder the growth of this market to some extent.

The global collagen casings market study presents historical market data in terms of value (2019 and 2020), estimated current data (2021), and forecasts for 2028. The market is segmented based on type, caliber, application, end user, distribution channel, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Geographic Review

Geographically, North America accounted for the largest share of the overall collagen casings market in 2021. The leading position of North America is primarily attributed to the well-established meat processing industry, huge availability of sausage and processed premium meat products, high consumer demand for ready-to-eat and ready-to-cook meat products, increasing number of fast-food restaurant chains, and presence of a large number of sausages manufacturers.

However, the Asia-Pacific region possesses lucrative growth potential for the collagen casings market during the forecast period. This is mainly attributed to the increasing outside food consumption, rising expenditure on meat and healthy products, growing westernization culture, and growing population & urbanization.

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Key Players

The collagen casings market is highly fragmented, with the presence of many small private vendors in the market. Some of the key players operating in the global collagen casings market are Viscofan, S.A. (Spain), Devro plc, Shenguan Holdings (Group) Limited, DAT-Schaub Group (Part of Danish Crown Amba), ViskoTeepak Holding Ab Ltd. (Finland), Fibran, S.A. (Spain), Nippi, Inc. (Japan), FABIOS S.A. (Poland), Oversea Casing Company (U.S.), LEM Products, and Selo B.V. (The Netherlands).

Scope of the report

Collagen Casings Market, by Type

Edible Collagen Casings
Non-edible Collagen Casings
Collagen Casings Market, by Caliber

Large Calibers
Small Calibers
Collagen Casings Market, by Application

Fresh Sausages
Processed Sausages
Pre-cooked Sausages
Smoked Sausages
Cured Sausages
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The small calibers segment accounted for the largest share of the overall collagen casing market in 2021

Based on caliber, the collagen casing market is segmented into large and small calibers. The small calibers segment accounted for the largest share of the global collagen casings market in 2021. The leading position of this segment is mainly attributed to its low cost, edile nature, and increased demand for poultry products, particularly in regions where beef and pork are not eaten for cultural or religious reasons.

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Issued By Shital Thakare
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Categories Blogging
Tags collagen casings market
Last Updated May 22, 2023