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Collagen Casings Market Size

  • Report ID: GMI5605
  • Published Date: May 2023
  • Report Format: PDF

Collagen Casings Market Size

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.

 

Collagen Casings Market Size, By Product, 2021 - 2032 (USD Billion)

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of collagen casings crossed USD 1.47 billion in 2023 and will grow at more than 5.7% CAGR from 2024 to 2032.

The industrial food processing end-use segment will depict over 5% CAGR between 2023 and 2032 driven by the increasing global meat consumption.

The U.S. collagen casings market size exceeded USD 540 million in 2022 owing to supportive government efforts to expand the meat processing sector.

Viscofan, S.A., Devro PLC, Nippi Inc, Fibran S.A., DeWied International, Belkozin LLC, PS Seasoning, and Fabios S.A. are some of the key companies in the collagen casings industry.

Collagen Casings Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 348
  • Countries covered: 20
  • Pages: 300
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