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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:
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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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