Collagen Casings Market to Reach $2.8 Billion, Globally, by 2032 at 6.1% CAGR: Allied Market Research

Key factors driving the growth of the collagen casings market include growth in demand for processed meats, consistency in product quality, and hygienic manufacturing. Furthermore, the surge in barbecue culture globally is a driving factor behind the increased market demand for collagen casings.

Wilmington, Delaware, March 14, 2024 (GLOBE NEWSWIRE) — Allied Market Research published a report, titled,Collagen Casings Market By Product Type (Non Edible and Edible), Caliber (Small Caliber Collagen Casings and Large Caliber Collagen Casings), and Distribution Channel (B2B and B2C): Global Opportunity Analysis And Industry Forecast, 2023-2032”.  According to the report, the global collagen casings market was valued at $1.5 billion in 2022 and is projected to reach $2.8 billion by 2032, registering a CAGR of 6.1% from 2023 to 2032.

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Prime determinants of growth

The growth of the collagen casings market is primarily driven by several key determinants that collectively shape its trajectory. Firstly, the increasing demand for processed meat products, driven by factors such as rise in global population, urbanization, and changes in dietary preferences, serves as a significant growth driver. Collagen casings are widely utilized in the meat processing industry for the production of sausages, hot dogs, and other processed meat products, owing to their versatility, convenience, and ability to enhance product presentation and shelf life. As consumers continue to seek convenient and ready-to-eat food options, the demand for collagen casings is expected to witness steady growth, particularly in emerging economies where urbanization and disposable incomes are on the rise.

Moreover, technological advancements in collagen extraction, processing, and manufacturing techniques are playing a pivotal role in driving market growth. Innovations in collagen processing technologies have led to improvements in product quality, texture, and performance, thereby expanding the application scope of collagen casings across various food processing industries. Additionally, advancements in packaging technologies, including modified atmosphere packaging (MAP) and vacuum packaging, have further boosted the adoption of collagen casings by offering superior preservation properties and extended shelf life for packaged meat products. As manufacturers continue to invest in research and development activities to enhance product offerings and address evolving consumer preferences, the collagen casings market is expected to witness sustained growth and innovation in the future.

Report coverage & details:

Report Coverage Details
Forecast Period 2023–2032
Base Year 2022
Market Size in 2023 $1.5 billion
Market Size in 2032 $2.8 billion
CAGR 6.1%
No. of Pages in Report 432
Segments Covered Product Type, Caliber, Distribution Channel, and Region
Drivers
  • Rise in Demand for Processed Meat Products
  • Health and Wellness Trends
  • Expansion of Food Processing Industry
Opportunities
  • Growth in Demand for Plant-based and Alternative Proteins
  • Product Innovation and Customization
Restraints
  • Competition from Alternative Casing Materials
  • Perception and Consumer Acceptance

The edible segment to maintain its leadership status during the forecast period

By product type, the edible segment held the highest market share in 2022, accounting for more than three-fifths of the global collagen casings market revenue, and is estimated to maintain its leadership status during the forecast period. However, the non edible segment is projected to manifest a significant CAGR of 6.8% from 2023 to 2032.

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The small caliber collagen casings segment to maintain its leadership status during the forecast period

By caliber, the small caliber collagen casings segment held the highest market share in 2022, accounting for nearly three-fifths of the global collagen casings market revenue, and is estimated to maintain its leadership status during the forecast period. Additionally, the large caliber collagen casings segment is projected to manifest the highest CAGR of 6.5% from 2023 to 2032.

The B2B segment to maintain its leadership status during the forecast period.

By distribution channel, the B2B segment held the highest market share in 2022, accounting for more than three-fifths of the global collagen casings market revenue, and is estimated to maintain its leadership status during the forecast period. Additionally, the B2C segment is projected to manifest the highest CAGR of 6.7% from 2023 to 2032.        

North America to maintain its dominance by 2032

By region, North America held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the global collagen casings market revenue. In addition, the Asia-Pacific region is expected to witness the fastest CAGR of 7.3% from 2023 to 2032 and is projected to dominate the market during the forecast period.

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Leading Market Players: –

  • 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
  • Nitta Casings, Inc.
  • Weschenfelder Direct Limited

The report provides a detailed analysis of these key players in the global collagen casings market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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