Selbyville, Delaware,, June 06, 2023 (GLOBE NEWSWIRE) --
The collagen casings market valuation is poised to cross USD 2.4 billion by 2032, as reported in a research study by Global Market Insights Inc.
Rising consumer inclination towards healthy food products will largely contribute to the industry growth. Collagen casings are widely employed as alternatives to natural casings across the food industry for several meat items, such as sausages due to their convenience and cost-effectiveness. These casings offer ease of use, uniformity, and a longer shelf life. Potential benefits in digestion along with the assistance for enhancing skin, joint and bone health are other factors influencing the consumption of collagen casings.
Large caliber collagen casings market is set to gain significant traction through 2032 due to their growing adoption in industrial-scale production and home sausage-making. Large caliber collagen casings come with larger diameters and are suitable for filling with sizeable quantities of meat and producing larger sausages. Increasing intake of smoked and specialty sausages, salamis, pepperonis and bratwurst will further drive the preference for large caliber collagen casings.
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Based on end-use, the collagen casings market share from the butcheries and meat segment will surpass a significant value by 2032. Collagen casings are made from collagen-rich tissues of animals that are typically derived from the hides as well as connective tissues of pigs, cattle, and sheep. These casings can be accessed in various sizes and shapes, letting butchers create diverse types of sausages, such as frankfurters and hot dogs among others. Rising usage in butcheries and meat processing facilities to meet the growing consumer demands for meat products will contribute to the segment growth.
Europe will amass a sizeable revenue share for the collagen casings market by 2032 due to the increasing sausage production mainly in Germany and Czech Republic. As per the OEC, Germany exported $848M worth sausages in 2021, and emerged as the first largest exporter of sausages worldwide. The robust presence of several companies specializing in the manufacturing of casings for the food industry will also add to the regional market growth.
Viscofan, S.A., Fibran S.A., Devro PLC, Nippi Inc, LEM Products Inc, DeWied International, Shenguan Holdings Limited, Belkozin LLC, PS Seasoning, and Fabios S.A. are some of the well-known collagen casings market contenders. These firms are engaging in various strategies, including mergers and acquisitions among others for enhancing their global presence. For instance, in February 2023, Devro received a revised £562m offer from Saria to meet the growing production requirements.
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Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Collagen Casing industry 3600 synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Caliber trends
2.1.4 Application trends
2.1.5 End use trends
2.1.6 Regional trends
Chapter 3 Global Collagen Casings Industry Insights
3.1 Industry segmentation
3.2 Industry Ecosystem
3.2.1 Manufacturers
3.2.2 Vendor matrix
3.2.3 Profit margin analysis
3.2.4 Value addition at each stage
3.2.5 COVID-19 impact on industry value chain
3.3 Technology landscape
3.3.1 Patent Analysis
3.4 Regulatory landscape
3.4.1 U.S.
3.4.2 Europe
3.4.3 China
3.5 Pricing analysis, by region,2018-2032
3.5.1 North America
3.5.2 Europe
3.5.3 APAC
3.5.4 LATAM
3.5.5 MEA
3.5.6 Cost structure analysis, 2022
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing demand for meat products
3.6.1.2 Health benefits of collagen
3.6.2 Pitfall and Challenges
3.6.2.1 Fluctuating cost of raw materials
3.7 Innovation and sustainability
3.8 Growth potential analysis, 2022
3.9 Porter’s analysis
3.10 PESTEL analysis
3.11 Impact of the COVID-19 on collagen casings market
3.12 Impact of Russia-Ukraine war on collagen casing business
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
