Collagen Casings Market to Grow at Highest Pace owing to Growing Demand from Meat Processing Industry
Collagen Casings Market to Grow at Highest Pace owing to Growing Demand from Meat Processing Industry
The collagen casings market has witnessed significant growth over the past few years owing to the extensive applications of collagen casings in the meat processing industry. Collagen casings

The collagen casings market has witnessed significant growth over the past few years owing to the extensive applications of collagen casings in the meat processing industry. Collagen casings offer various advantages over the conventional animal casings such as uniform diameter, controlled peeling properties, and easy stuffing which makes them ideal for usage in processed meat products. The rising demand for processed and packaged meat products due to changing lifestyles and busy schedules has been a major factor driving the collagen casings market.

The global collagen casings market is estimated to be valued at US$ 1.76 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period of 2024 to 2031.

Key Takeaways

Key players operating in the collagen casings 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, ViskoTeepak, Viscofan, Walton's, Foodchem International Corporation, Crown Soya Protein Group Company, DK New Material, High Caliber Products, Qingdao Artificial Casing Co., Ltd., Shenguan Holdings (Group) Limited, and Shandong Haiaos Biotechnology Co., Ltd.

The growing demand for meat products from developing economies owing to the rising disposable income levels and changing dietary patterns has been fueling the sales of Collagen Casings Market Growth  . Rapid urbanization and busy lifestyles have further boosted the demand for packaged and processed meat products. The collagen casings market players are focusing on developing new product varieties catering to specific applications to capitalize on the lucrative growth opportunities.

Moreover, technological advancements aimed at improving the functionality and production efficiency of collagen casings are further expected to drive the market growth. Advancements such as development of smaller diameter collagen casings and introduction of easy-peel and stuffed collagens casings have augmented their utility across various meat products.

Market Trends

Growing popularity of halal and kosher meat products - The rising Muslim and Jewish populations globally have been increasing the demand for halal and kosher certified meat products. This has prompted collagen casings manufacturers to develop halal and kosher certified casings.

Increasing demand for skinless sausages - Skinless sausages packaged using collagen casings are gaining immense popularity due to their appearance and texture. This is expected to propel the demand for collagen casings in the coming years.

Market Opportunities

Emerging markets in Asia Pacific and Middle East & Africa - Rapid urbanization, changing dietary patterns, and rising incomes in developing Asian countries and African nations are expected to offer lucrative growth opportunities.

Development of bio-based collagen casings - Growing environmental concerns have shifted the focus towards developing bio-based and eco-friendly packaging solutions. This provides opportunities for developing bio-based collagen casings from sources such as fish collagen.

Impact of COVID-19 on Collagen Casings Market

The COVID-19 pandemic has impacted the growth of the collagen casings market. During the initial phases of the pandemic, various containment measures like lockdowns and supply chain disruptions affected the production and supply of collagen casings. This led to a decline in market growth in 2020. As processing facilities faced shortage of labor and raw materials, their operations were slowed down. The demand from meat processing industries also reduced due to closure of HoReCa sectors and restrictions on social gatherings.

However, as restrictions eased in late 2020 and vaccines became available, the market has started recovering. There was a renewed focus on health, nutrition and immunity boosting products during the pandemic. This encouraged consumers to opt for protein-rich meat products packed using collagen casings. Also, rising at-home meat consumption amid ongoing social distancing compensated for some of the losses from food service channels. Market players adapted to new safety protocols and streamlined their supply chains. Ongoing vaccination drives and resumption of economic activities are further fueling the post-pandemic growth. Looking ahead, the collagen casings market is expected to grow steadily, supported by rising meat consumption, product innovations and expansion into emerging countries.

Geographical regions with high concentration of Collagen Casings Market

North America holds the largest share of the global collagen casings market in terms of value. This can be attributed to the strong presence of meat processing industry in the region. Countries like the US and Canada have well-established beef, pork and poultry production sectors. Moreover, high health awareness and growing demand for clean label and non-GMO casings drive market growth. Another major market is Europe, where countries such as Germany, UK, Italy and Poland are major contributors. Easy availability of raw materials and technological advancements by regional players have further consolidated Europe's position. On the other hand, Asia Pacific is projected to witness the fastest growth during the forecast period. This can be credited to rising incomes, expanding middle class, changing dietary patterns and growing Western influence in countries like China, India and Southeast Asian nations.

Geographical regions with highest growth rate in Collagen Casings Market

Asia Pacific region holds immense growth opportunities for collagen casings market. The region is witnessing rapid urbanization, robust economic development and rising living standards. This has spurred a nutrition transition towards protein-rich diets in many Asian countries. Along with increasing domestic meat consumption, rising exports from Asia's meat processing industry will continue driving casings demand. Furthermore, presence of key producing and processing nations such as China and India provide a big customer base. Collagen casings manufacturers are focusing on expanding into Asia to leverage low-cost manufacturing and cater to growing local needs. Awareness about benefits of collagen over artificial varieties is also increasing consumer preference. With projected CAGR of over 7% during the forecast period, Asia Pacific collagen casings market will outpace other regions to emerge as the fastest growing market globally.

 

Get more insights on Collagen Casings Market

 

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

 

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)

disclaimer

What's your reaction?

Comments

https://timessquarereporter.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!

Facebook Conversations