The global collagen casings market, is poised for remarkable growth, projected to surge from US$ 1,506 million in 2023 to US$ 2,672.6 million by 2033, with a 5.9% yearly growth rate. The introduction of synthetic casings, particularly in the American, European, and international markets, is revolutionizing the banger production industry by offering better technology, cost-effectiveness, and adherence to food safety regulations.
Growth Path and Increasing Demand: Breaking Through the Global Collagen Casings Market Synthetic casings are revolutionising the global banger production industry, following food safety regulations, showcasing technological advancements, and concentrating on the European, American, and international markets. Projected to soar from US$ 1,506 million US dollars in 2023 to an astonishing US dollars 2,672.6 million by 2033, driven by a 5.9% annual growth.
The global market for collagen casings, presently estimated at US$ 1,506 million, is predicted to grow at a compound yearly growth rate of 5.9% to reach $2.67 billion by 2033. In this market, synthetic casings are anticipated to spearhead the transformation, with significant increase anticipated between 2023 and 2033. By the conclusion of the anticipated year, it is anticipated to amount to US$ 2,672.6 million. The growing usage of synthetic collagen casings has led to an expansion of the banger business. These lower cost, higher quality, and food safety compliance casings replace traditional animal intestinal casings.
The need for collagen casings is expected to grow rapidly in Europe, the US, and globally, with a projected global value of $2.67 billion by 2033 :
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The global collagen casings market is estimated to be worth around US$ 1,506 million in the present year. As per the market trends, the net valuation could register an annual growth rate of 5.9% between 2023 and 2033. Furthermore, FMI predicts the market is expected to reach US$ 2,672.6 million by the end of the forecast period.
All varieties of sausages are made, preserved, and sold using collagen meat casing. The only material utilised for casings that had been on sale before was animal intestine. The use of synthetic collagen casings has increased significantly over the last 30 years as a result of industrial automation and cost savings. They adhere to the most modern regulations on food safety and traceability and have dependable technological features.
Over the past ten years, there has been a considerable growth in demand for the various types of collagen casings used in the production of sausages. Since they can be utilised on high-speed machines, are easier to use, and are uniformly sized, synthetic collagen casings are replacing natural collagen casings in this industry.
The evolution of collagen casings from natural casings in recent years is astounding. Because they speed up and improve productivity on sausage production lines, consumers all over the world appreciate the new style of smoked collagen casings.
Key Takeaways from the Collagen Casings Market Study Report
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- Due to the higher consumption of sausages in the United States, the sales of collagen casings are most lucrative in this country. The United States collagen casings market is projected to register a CAGR of 5.1% through 2033 and reach a valuation of US$ 548.53 million.
- European countries are the traditional main hub for the demand for all types of sausage casings and Germany is the leading manufacturer and supplier. Further, the demand for collagen casings in the German market is projected to follow an annual growth rate of 5.8% through 2033.
- On the other hand, the demand for collagen casings in many countries is somewhat saturated as per the market survey report. For instance, the year-on-year growth rate through 2033 of markets in the United Kingdom and Spain could be 1.9% and 4.6% respectively.
Competitive Landscape for the Collagen Casings Market Players
Viscofan, S.A., Devro PLC, Nippi, Inc., Shenguan Holdings (Group) Limited, Fibran, S.A., Fabryka Oslonek Bialkowych FABIOS S.A., LEM Products Inc., DeWied International (Oversea Casing Company, LLC), Nitta Casings, Inc., Weschenfelder Direct Limited, and Belkozin LLC among others are some key players in the global collagen casings market.
There have been plenty of advancements by the beef collagen casing market participants, as well, over the past few years. A few of the advancements are a result of technological developments and others as a result of upgraded manufacturing unit systems.
Utilize the Data in Our Comprehensive Collagen Casings Industry Report to Stay Alive and Thrive in the Competition:
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Recent Developments by the Collagen Casings Industries
The LEM Products firm primarily sells collagen casings for smoked sausages, fresh sausages, and hot dogs. In the United States and Canada, the corporation sells around 800 different items through its recently expanded 3,500 retail locations.
Oversea Casing Corporation manufactures and sells natural and artificial casings for fresh and processed sausage, frankfurters and wieners, and deli products. To expand its market reach, the firm obtained partners in Europe, Australia, the United States, South America, and China last decade.
Global Collagen Casings Market: Segmentation
By Product Type:
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- Edible Collagen Casings
- Non-edible Collagen Casings
By Caliber:
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- Small Caliber Collagen Casings
- Large Caliber Collagen Casings
By Application:
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- Fresh Sausages
- Cooked Sausages
- Dry-Cured Sausages
- Meat-based Snacks
- Others Applications (Pork Loin, etc.)
By End Use:
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- Industrial Food Processing
- Foodservice
- Private Label
- Butcheries and Meat Processors
- Other End-users
By Sales Channel:
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- Business to Business Sales Channel
- Food Processing
- Foodservice
- Private Label Brands
- Butcheries and Meat Processors
- Other B2B channels
- Business to Customer Sales Channel
- Grocery Retailers
- Hypermarket or Supermarkets
- Convenience Stores
- Wholesalers
- Food & Drink Specialty Stores
- Independent Small Groceries
- Online Retail
- Other Retail Channels
- Business to Business Sales Channel
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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