What is the global market size of Collagen Casings Market?

Collagen Casings Market size was valued at USD 1.4 billion in 2021 and is poised to grow from USD 1.48 billion in 2022 to USD 2.35 billion by 2030, growing at a CAGR of 5.9% in the forecast period (2023-2030).

Collagen Casings Market Size, Share, Growth Analysis, By Product(edible and nonedible), By Caliber(small and large), By Application(Fresh Sausages, Cooked Sausages, Dry-Cured Sausages, Meat-based Snacks), By End use(Industrial Food Processing, Foodservice, Private Label, Butcheries and Meat Processors), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30L2132 | Region: Global | Published Date: July, 2024
Pages: 198 | Tables: 117 | Figures: 77

Collagen Casings Market News

On June 30, 2022, Devro plc ("Devro" or the "Group"), one of the world's leading manufacturers of collagen products for the food industry, announces its unaudited half year results for the six months ended.

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Collagen Casings Market size was valued at USD 1.48 billion in 2022 and is poised to grow from USD 1.57 billion in 2023 to USD 2.48 billion by 2031, growing at a CAGR of 5.90% during the forecast period (2024-2031).

The major market players are placing strong emphasis on the creation of cutting-edge, high-quality goods. Companies in the collagen casing market have begun adopting strategies like mergers and acquisitions and product launches as a result of realizing the market's enormous potential over the past few years. 'Devro plc', 'Viscofan SA', 'Nippi Collagen NA Inc.', 'Shenguan Holdings (Group) Limited', 'Fabios SA', 'FIBRAN, S.A.', 'LEM Products Inc.', 'Nitta Gelatin Inc.', 'Natural Casing Company Inc.', 'Nippi Collagen Products', 'Nippi Collagen Singapore Pte. Ltd.', 'Teepak Inc.', 'Innovative Food Processors, Inc.', 'Kalle GmbH', 'Oversea Casing Company, LLC', 'Carl Lipmann & Co. KG', 'ViskoTeepak Belgium NV', 'Selo BV', 'Saria SE & Co. KG', 'Nippi Collagen Europe GmbH'

Natural sausage casings made from animal intestines have traditionally been used to package sausages, but the casings industry has recently undergone a significant amount of innovation and product development, which has led to the availability of collagen casings on the market.

The key trend guiding the growth of the market includes the emergence of artificial collagen casing. The expansion of the food service industry all over the world is also responsible for the recent growth of artificial casing. The meat packaging market, which includes artificial casings, is expanding due to the increasing availability of meat products through a variety of distribution channels. The development of a wide range of artificial casings in a variety of sizes, shapes, and appearances is bringing in a larger number of customers.

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.

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