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Vegan Casing Market Size

  • Report ID: GMI11395
  • Published Date: Sep 2024
  • Report Format: PDF

Vegan Casing Market Size

Vegan Casing Market size was valued at USD 3.9 billion in 2023 and is projected to expand at over 7.6% CAGR from 2024 to 2032. The market offers plant-based alternatives to traditional sausage casings, which are conventionally derived from animal intestines or collagen. These vegan casings utilize materials like cellulose, alginate, or starch, responding to the surging demand for plant-based and cruelty-free food options.

 

According to the USDA, the plant-based food market in the United States grew by 27% in 2022, reflecting a significant shift in consumer preferences. As more consumers, motivated by ethical, environmental, and health considerations, shift towards vegan and vegetarian diets, the market's scope continues to broaden. With the rising appetite for plant-based meat products, advancements in food technology, and heightened consumer awareness of sustainability, the market is poised to play a pivotal role in the broader plant-based food industry.
 

The vegan casing market is being propelled by two key growth drivers such as the surging demand for plant-based diets and heightened awareness of sustainability. With a growing number of consumers adopting vegan and vegetarian lifestyles—motivated by health, ethical, and environmental considerations—the appetite for plant-based meat alternatives, such as vegan sausages, is witnessing a notable uptick. According to the USDA, the number of Americans identifying as vegan increased by 600% between 2014 and 2020. Furthermore, as consumers increasingly prioritize sustainability, there's a pronounced shift towards cruelty-free and eco-friendly food products.
 

Vegan casings, crafted from renewable plant-based materials, not only resonate with this sustainability trend but also present a greener alternative to conventional animal-based casings, further fueling the market's expansion. The Environmental Protection Agency (EPA) reports that plant-based diets can reduce greenhouse gas emissions by up to 50%, underscoring the environmental benefits of vegan products.
 

The vegan casing market grapples with challenges such as limited product availability and higher costs than traditional casings. The specialized manufacturing processes for plant-based casings can elevate production costs and restrict scalability, rendering them less accessible to smaller food producers. Furthermore, consumer acceptance poses a hurdle; some vegan casings, differing in texture or performance from their conventional counterparts, may not appeal to all consumers. Additionally, regulatory challenges and inconsistent food safety standards across regions hinder market expansion, dampening the global adoption of vegan casings.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of vegan casing reached USD 3.9 billion in 2023 and is set to expand at over 7.6% CAGR from 2024 to 2032, as it offers plant-based alternatives to traditional sausage casings, which are conventionally derived from animal intestines or collagen.

The plant based vegan casing segment held a decent growth in 2023 and is anticipated to reach USD 3.2 billion by 2032, as consumer demand for vegan and plant-based meat alternatives grows.

North America market held a decent share in 2023 and will record a market size of about USD 2.9 billion and 7.2% CAGR during 2024 and 2032, due to a strong shift towards plant-based diets and increased consumer awareness of sustainability and ethical food choices.

Euroduna Food Ingredients GmbH, Weschenfelder Direct Ltd, Dunninghams Ltd, PROMAR Sp, High Caliber Products, Viscofan Group, The Sausage Maker Inc. among others.

Vegan Casing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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