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Vegan Casing Market Trends

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

Vegan Casing Market Trends

Key trends in the vegan casing industry spotlight innovations in plant-based materials and a surging demand for clean-label, allergen-free products. Manufacturers are delving into materials like algae, cellulose, and starch, crafting casings that closely replicate the texture and durability of their traditional animal-based counterparts. Moreover, consumers are leaning towards clean-label products, favoring minimal ingredients devoid of artificial additives or allergens.
 

According to the USDA, the plant-based food market grew by 27% in 2023, reflecting the increasing popularity of plant-based meats. This growth, spurred by health, ethical, and environmental considerations, amplifies the demand for vegan casings. With major food brands rolling out vegan sausage offerings, the market is poised for expansion, buoyed by ongoing product development and diversification.

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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