Collagen Casings Market - Forecast(2023 - 2028)
Collagen Casings Market size is estimated to reach $2.9 billion by 2027, growing at a CAGR of 6.5% during the forecast period 2022-2027. Collagen casings are fabricated from connective tissues or skins of animals. These sausage skins are frequently taken into account while preparing several processed and functional foods such as beef sticks, hot dogs, frankfurters, and others. Owing to the fact that they are made from naturally occurring protein they are deemed innocuous to use and eat. As compared to natural casings, collagen casings decrease waste and save a lot of money. As a result, they are a comparatively appropriate selection for manufacturers and consumers around the globe. Besides high flexibility and uniformity which makes the overall management and packaging process more relaxed, their overall appearance and taste that they confer to the sausages have drawn the eyes of millions of consumers toward themselves. In addition to that, Collagen casings are highly versatile and suitable for making varieties of sausages and have a longer shelf life of up to 1-2 years, provided if stored in an ideal storage location (cool and dry environment). Last but not least, collagen casings can be used straight away after opening the package and do not require prior soaking. The collagen casings market outlook is fairly positive owing to proliferating usage of ground & processed meat and dietary supplements. Nevertheless, various advantages over natural and fibrous casings including flexibility and mechanical strength, augmenting meat consumption, confrontable disposable incomes due to economic prosperity, strengthening the chain of modern distribution channels are the factors set to drive the growth of the Collagen Casings Market for the period 2022-2027.
Report Coverage
The report: “Collagen Casings Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Collagen Casings Market.
By Product Type: Clear collagen Casings, Fresh Collagen Casings, Processed Collagen Casings, and Ring Bologna Casings.
By Category: Edible and Non-Edible.
By Application: Foods, Snack sausages, and others.
By Distribution Channel: Offline (Supermarkets/ Hypermarkets, and others), and Online platforms.
By End User: Households, Foodservice outlets (=restaurants, hotels, cafes, and others), Food Processors, and others.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).
Key Takeaways
- Geographically, the North America Collagen Casings Market accounted for the highest revenue share in 2021. However, Asia-Pacific is poised to dominate the market over the period 2022-2027.
- Growing demand due to the versatile nature of such sausage skins and massive push on research and developmental activities is said to be a pre-eminent driver driving the growth of the Collagen Casings Market. Rising voices for welfare and ethical treatment of animals, unstable supply chain due to virus outbreaks, and easy availability of plastic casings are the factors said to reduce the market growth.
- Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Collagen Casings Market report.
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Intensifying voices for animal welfare, hampered supply, and plastic casings emergence are Anticipated to Hamper Market Growth
According to Cause IQ, currently, there are 45,836 animal organizations in the United States. Combined, these animal organizations employ 139,527 people, earn more than $12 billion in revenue each year, and have assets of $28 billion. Sausage Casings do not come into existence out of thin air, millions of animals worldwide are slaughtered for their intestines and hides. As a result, many prominent organizations like PETA and World Animal Protection voicing against animal atrocities that are being committed. Moreover, the entry of plastic and cellulose casings in the market is anticipated to be a big challenge in front of the collagen casings market. In addition to that, strangled production activities attributable to the COVID-19 outbreak have an adverse impact on the steady growth of the respective market.
Collagen Casings Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Collagen Casings Market. Key companies of this market are-
- Nippi Collagen
- Viscofan
- Selo B.V.
- Oversea Casings Company
- ViscoTeepak Holding
- Fibran S.A.
- Crown national
- Zxchem Group
- DAT-Schaub Company
- Weschenfelder Direct Ltd
Recent Developments
- February 2, 2022, China-based software company Infobird (a firm known for its customer engagement solutions which are powered with artificial intelligence) publicized that it has successfully reached a collaboration agreement with the Shanghai, China-based subsidiary of Nippi Collagen (leading player in collagen casings market). The cooperation aimed at boosting sales of the company with the help of digital marketing.
- December 19, 2019, Spain-based casings manufacturer company “Viscofan” announced that it has successfully acquired the casings business from Japan-based company “Nitta Gelatin.” In order to bring the transaction to a close Viscofan made a payment worth $13.5 million. The transaction strengthens Viscofan’s casings production portfolio in North America.
- Nippi Collagen
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