Report ID: SQMIG30L2132
Report ID:
SQMIG30L2132 |
Region:
Global |
Published Date: July, 2024
Pages:
198
|
Tables:
117 |
Figures:
77
In 2021, North America held the largest share of the collagen casings market. The well-established meat processing industry, the abundance of sausage and processed premium meat products, the high consumer demand for ready-to-eat and ready-to-cook meat products, the growing number of fast-food restaurant chains, and the presence of a large number of sausage manufacturers are the primary factors that contribute to North America's dominance of the collagen casings market.
The collagen casing market has lucrative growth potential for the Asia-Pacific region during the forecast period. This is mostly because people are eating more outside food, spending more on meat and healthy foods, becoming more westernized, and the population and urbanization are growing.
The majority of the market for collagen casings is likely to be in Europe. The enormous public demand for sausages is primarily to blame for Europe's dominance. Products that are nutritious and healthy are in high demand in Europe due to consumers' shifting lifestyles. Meat products that are simple to store and last longer are preferred by consumers and retailers.
As a result, the European collagen casings market is anticipated to be driven by food industry expansion. Among the major firms in the region are Devro PLC and VISCOFAN, S.A. To meet the needs of the market's end-use industries, these players concentrate on developing new and improved product offerings, which is expected to further accelerate market expansion.
In addition, in order to meet the growing demand for collagen casings and expand their footprints across Europe, the businesses employ strategies such as mergers and acquisitions, partnerships, and expansions.
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Report ID: SQMIG30L2132