Collagen Casings Market Projected to Reach $2.04 Billion by 2028

[Redding, California , 12-02-2024]: Meticulous Research®, a premier global market research firm, has released a comprehensive report titled, "Collagen Casings Market by Type (Edible, Non-Edible), Caliber (Small, Large), Application (Fresh Sausages, Processed Sausages (Pre-cooked, Smoked, Cured), End User (Food Service Providers, Food Retail), Distribution Channel - Forecast To 2028".

Published recently, this in-depth study forecasts the Collagen Casings Market to grow at a CAGR of 5.9% from 2021 to 2028, reaching a valuation of $2.04 billion by 2028. Additionally, in terms of volume, the market is expected to expand at a CAGR of 2.1%, reaching 18.99 billion meters by 2028.

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Market Dynamics

The market's growth is primarily fueled by the increasing global population and subsequent rise in meat consumption and production. Sausage manufacturers' growing preference for collagen casings, operational challenges leading to the shift from natural casings, and the proliferation of fast-food restaurant chains are further driving market expansion. Moreover, emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa present lucrative opportunities. However, consumer preference for natural casings remains a potential hindrance.

Segmentation Insights

The report offers comprehensive segmentation based on type, caliber, application, end user, distribution channel, and geography. Detailed analyses at the country level and evaluations of industry competitors are provided.

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Key Segments Overview

Type: The market is divided into edible and non-edible collagen casings, with the edible segment dominating in 2021 due to its cost benefits and increasing consumer acceptance. Edible casings are projected to witness the fastest CAGR during the forecast period.

Caliber: Small calibers hold the largest share in 2021, driven by their affordability, edible nature, and increased demand for poultry products, particularly in regions with cultural or religious restrictions on beef and pork consumption.

Application: Processed sausages, including pre-cooked, smoked, and cured variants, lead the market, fueled by the demand for ready-to-go premium meat products and innovative processing technologies.

End User: Food processing organizations are the largest segment in 2021, driven by the increasing demand for sausages and large-scale production.

Distribution Channel: Offline channels dominate, driven by the growing number of modern groceries and advancements in brick-and-mortar grocers. However, online channels are expected to witness the fastest growth due to increased accessibility and cost-effectiveness.

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Geographic Review

North America held the largest share in 2021, attributed to its well-established meat processing industry and high consumer demand for meat products. However, the Asia-Pacific region presents significant growth potential due to increasing outside food consumption and urbanization.

Key Players

Leading players include Viscofan, S.A., Devro plc, Shenguan Holdings (Group) Limited, DAT-Schaub Group, ViskoTeepak Holding Ab Ltd., Fibran, S.A., Nippi, Inc., FABIOS S.A., Oversea Casing Company, LEM Products, and Selo B.V.

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