Collagen Casings Market
Collagen Casings Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Edible, Non-Edible
- By Caliber Small, Large
- By Application Fresh Sausages, Processed Sausages
- By End User Food Service Providers, Food Retail
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1.06 Billion |
Revenue 2030: | USD 1.67 Billion |
Revenue CAGR (2023 - 2030): | 5.90% |
Fastest Growing Region (2023 - 2030) | North America |
Largest Region (2022): | Asia Pacific |
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Market Synopsis:
Global Collagen Casings Market is valued at USD 1.06 Billion in 2022 and is projected to attain a value of USD 1.67 Billion by 2030 at a Compound Annual Growth Rate (CAGR) of 5.90% during the forecast period 2022–2028.
Collagen Casing is a type of casing made from edible animal proteins that is used to encase sausages, hot dogs, and other meat products. The casing is made from the skin, tendons, ligaments, or cartilage of animals such as cows, pigs, or sheep. It is often used as an alternative to artificial casings such as cellulose or plastic.
Collagen Casings Market Size, 2022 To 2030 (USD Billion)
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Collagen Casing is Healthier and Inexpensive Alternative to Artificial Casing
There are several reasons why Collagen Casings are becoming increasingly popular. First, they are considered to be a healthier alternative to artificial casings. They are also easier to use and less expensive than other types of casings. In addition, Collagen Casings have a more natural flavor and texture than artificial casings, which some consumers prefer.
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The demand for Collagen Casings is growing rapidly, and the industry is expected to continue to grow in the years ahead. This is good news for consumers, who can expect to see an increasing number of products made with Collagen Casings in the coming years.
Market Segmentation:
Based on Product Type, Edible Collagen Casings to Witness Highest Demand
Edible Collagen Casings is a product that is made from animal skin. This product is used to make sausages, frankfurters and other meat products. Firstly, Collagen Casing is considered to be a healthier alternative to other types of casing available in the market. It does not contain any artificial flavors or preservatives. Moreover, it is also easier to digest than other types of casing. Secondly, Collagen Casing has a very long shelf life. It can be stored for up to two years without any deterioration in quality. This makes it a more economical option for manufacturers.
North America to Continue Dominating Collagen Casings Market
Collagen Casings are widely used in the meat industry as a casing for sausages and other meat products. North America is the largest market for Collagen Casings, accounting for more than 50% of the global market. There are several reasons for this. Such as, North America has a large population and a thriving meat industry.
The demand for sausage and other meat products is high, and there is a need for Collagen Casings to package these products. Another reason is that Collagen Casings are very versatile. They can be used to make both small and large sausages, and they can be stuffed with a variety of different meats. This makes them a popular choice for North American manufacturers.
Key Players:
Some of the major players in Collagen Casings Market are Devro PLC, Viscofan, S.A. (Spain), DAT-Schaub Group (Part of Danish Crown Amba), Shenguan Holdings (Group) Limited, Fibran, S.A. (Spain), ViskoTeepak Holding Ab Ltd. (Finland), FABIOS S.A. (Poland), Nippi, Inc. (Japan), LEM Products, Oversea Casing Company (U.S.), and Selo B.V. (The Netherlands)..
Collagen Casings Market is Segmented as Follows:
Parameter
Details
Segments Covered
By Type
By Caliber
By Application
By End User
By Region
Regions & Countries Covered
Companies Covered
Report Coverage
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
impact analysis
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Collagen Casings Market is Tabulated as Follows:
FAQ
Frequently Asked Question
What is the global demand for Collagen Casings in terms of revenue?
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The global Collagen Casings valued at USD 1.06 Billion in 2022 and is expected to reach USD 1.67 Billion in 2030 growing at a CAGR of 5.90%.
Which are the prominent players in the market?
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The prominent players in the market are Devro PLC, Viscofan, S.A. (Spain), DAT-Schaub Group (Part of Danish Crown Amba), Shenguan Holdings (Group) Limited, Fibran, S.A. (Spain), ViskoTeepak Holding Ab Ltd. (Finland), FABIOS S.A. (Poland), Nippi, Inc. (Japan), LEM Products, Oversea Casing Company (U.S.), and Selo B.V. (The Netherlands)..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Collagen Casings include
- Rise in the Meat Consumption and Production
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Collagen Casings in 2022.