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Collagen Casings Market size surpassed at USD 1.47 billion in 2023 and is anticipated to expand at over 5.7% CAGR from 2024 to 2032 on account of the growing awareness regarding the health benefits of collagen to complement the business expansion.
Rising consumption of meat and meat products will increase the demand for collagen. As per the OECD-FAO Agricultural Outlook, by 2030, protein available from pork, sheep, beef, and poultry meat is estimated to grow by 13.1%, 15.7%, 5.9%, and 17.8% respectively. High dependence on meat and animal-derived protein to make up for nutritional needs will propel the global trade of meat products, positively affecting collagen casings. According to USDA projections, poultry imports will reach 17.5 million metric tons by 2031, whereas pork and beef imports are set to rise to 14.8 million metric tons, and 14.3 million metric tons.
Report Attribute | Details |
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Base Year: | 2023 |
Collagen Casings Market Size in 2023: | USD 1.47 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5.7% |
2032 Value Projection: | USD 2.44 billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 348 |
Segments covered: | Product type, Caliber, Application, End Use |
Growth Drivers: |
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Fluctuating prices of raw materials will impede the demand for collagen casings. Sausages and other meat products manufactured in regenerated collagen casings provide superior taste and sensory properties. However, increasing consumption of meat products will fuel product uptake in the food processing industry, further driving industry growth.
The industrial food processing end-use segment of collagen casings market will grow at around 5% CAGR between 2023 and 2032. Increasing meat consumption across developed and developing nations is pushing food manufacturing giants to ramp up the production of sausages and other meat products. The growing population worldwide has increased the pressure on food processing companies to address the massive global food demand. Furthermore, the advent of industrial automation, innovation & modernization of food menus, and the need for maximizing production will benefit the business outlook.
Small caliber collagen casings market size surpassed USD 1 billion in 2022. Small caliber collagen casings help food processing companies store fresh sausages and other meat products. Advanced edible collagen casings or smoked & cooked casings are made of natural, and high-quality animal-derived collagen. They are extensively used to process sausages and an array of other meat products.
The U.S. collagen casings market revenue is predicted to reach USD 540 million in 2022. Rising consumption of meat and meat products in the U.S. and the presence of a massive food sector are some of the key factors boosting the collagen casings business expansion in the U.S. Moreover, favorable government incentives and initiatives supporting local meat producers will positively influence the market expansion.
Some of the leading companies include :
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