by The collagen casings market has seen significant growth in recent years owing to the advantages collagen casings provide over traditional natural casings. Collagen casings are made from collagen extracted from animal bones and connective tissues and offer attributes like uniform diameter and consistent texture. They help manufacturers achieve cost savings over natural casings and reduce dependence on fluctuating supply sources. Collagen casings also facilitate high production speeds and portions control of emulsified meat products like sausages, frankfurters, salamis, etc.
The Global Collagen Casings Market is estimated to be valued at US$ 1.76 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period from 2024 to 2031.
Key Takeaways
Key players: Key players operating in the collagen casings market are Nippi Collagen, Viscofan, Selo B.V., Oversea Casings Company, ViscoTeepak Holding, Fibran S.A., Crown national, Zxchem Group, DAT-Schaub Company, Weschenfelder Direct Ltd, ViskoTeepak, and Viscofan. Nippi Collagen and Viscofan are recognized as major manufacturers of collagen casings globally.
Growing demand: The demand for processed meat products is increasing significantly owing to changing dietary preferences and fast-paced lifestyles. This is fueling the need for collagen casings that help manufacturers achieve higher production efficiency and portions control.
Global expansion: Leading Collagen Casings Market Demand producers are investing in expanding their production facilities across major meat consuming regions to ensure steady supply and gain more geographic footprint. This will strengthen their positions in local and international collagen casing markets.
Market key trends
One of the key trends witnessed in the collagen casings market is the increasing adoption of resistant or barrier collagen casings that prevent fat and moisture loss during freezing and shelf-life of products like sausages and hams. These barrier casings help manufacturers maintain the quality and weight of processed meats through distribution and retailing. With further innovations, collagen casing technologies are expected to focus on enhancing juiciness retention, texture and sensory experience of finished products. Sustainable sourcing of raw materials for collagen extraction and biodegradability of collagen casings will also influence future market trends.
Porter’s Analysis
Threat of new entrants: Collagen casings market requires high capital investment for manufacturing facilities and equipment. Established players have implemented regulations and standards which makes entry difficult for new players.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of close substitutes. However, established usage and standards related to collagen casing increases switching costs.
Bargaining power of suppliers: Suppliers have moderate to high bargaining power due to input availability being specialized. However, established Players have strategies to source from multiple suppliers to avoid dependence.
Threat of new substitutes: Close substitutes available are cellulose and plastic casings. However, collagen casings have established brand image and regulations supporting usage. New substitutes find it difficult to disrupt existing market.
Competitive rivalry: Market landscape has many global and localized players. However, few leading players dominate the market with their large production capacity and global presence. Intense competition on pricing and new product development.
Geographical Regions
In terms of value, Europe currently holds the largest share of collagen casings market owing to high meat consumption and processing in countries like Germany, Spain, UK and Italy. North America also captures significant share due to demand from US and Canada. Asia Pacific region is expected to witness fastest growth during forecast period with increasing meat processing in China, India and Southeast Asian countries.
The fastest growing region for collagen casings market is expected to be Asia Pacific. Factors such as rising disposable incomes, changing dietary habits and growing meat processing industry is fueling the demand. China and India specifically are witnessing tremendous growth in meat production which is increasing the usage of collagen casings in these countries. Emerging economies present ample opportunities for players to tap into high potential market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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