Home > Food & Beverages > Processed Food > Convenience Foods > Collagen Casings Market
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 |
---|---|
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: |
|
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.