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Global Collagen Casing Market Expected to Grow at a CAGR of 4.8% During 2021-2026, Driven by Rising Number of Consumers

According to a new report by EMR titled, 'Global Collagen Casing Market Report and Forecast 2021-2026', the global market for collagen casing is expected to grow at a CAGR of 4.8% in the forecast period of 2021-2026.

The market growth for collagen casing is supported by the growing inclination of American consumers to purchase collagen casings products due to the rising consumption levels and as fast food that saves cooking time. Further, the collagen casings are now being replaced by natural casings due to their convenience of use, continuous sizing, and as these can be used on high-speed tools and are easier than natural casings. Thereby aiding the market growth.

Collagen casing is trending in Europe as the region has the highest number of consumers, consequently creating a huge demand for the collagen casing industry. The market is further enhanced by the rising number of consumers who are seeking virtually no pre-production preparation. Collagen is ideal for such consumers, and it can be used to prepare anything from fresh sausage to dried products.

The market for collagen casing is being driven by the market expansion by the industry key players like Viscofan Group (US: OTC: VSCFF) and Nippi Collagen NA Inc. In December 2020, Viscofan Group acquired the casing collagen division from the Japanese Group Nitta Casings for USD 13.5 million. The latter is the listed public company in the Tokyo Stock Market, which specialises in the production and distribution of collagen products for various sectors like food, pharmaceutical, and industrial sectors.

Market Analysis by Product Type, Calibre, Application, End Use, and Region:

  • The collagen casing industry, on the basis of product type, is divided into edible and non-edible.
  • By calibre, the industry is bifurcated into large and small. 
  • Based on applications, the industry is segmented into fresh sausages, meat-based snacks, dry-cured sausages, and cooked sausages, among others.
  • On the basis of end uses, the industry is segregated into foodservice, butcheries and meat processors, private label, and industrial food processing, among others. 
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for collagen casing is being driven by the inflating disposable income of the rising population, which is supporting the growth of the expenditure power on food and dynamic food habits.
  • The market is further aided by the thriving food and beverages industry across the globe.
  • The rising popularity of collagen casings as the easiest way to prepare food is aiding the market growth.
  • The ongoing research and development have resulted in the generation of artificial casings in the developed regions and countries, consequently invigorating the market growth of collagen casing.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for collagen casing for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the product types, calibre, applications, end uses, and major regions of collagen casing. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

Viscofan Group, Nippi Collagen NA Inc., Shenguan Holdings (Group) Limited, Selo BV, DAT-Schaub Group, and Viskase Companies, Inc., among others, are the key players in the global collagen casing market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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