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Collagen Casings Utilization Scenario Market size was valued at $1.57 Billion by 2019, and is anticipated to grow at a CAGR of 6.3% during the forecast period 2020-2025. The Collagen Casings Utilization Scenario Market growth rate is attributed to factor like the increasing advancement and technical development in collagen which has driven the growth of the collagen casing market. When making all kinds of sausages, collagen casings are used. There was a time when only animal intestines for the production of casings were commercially available. However, a substantial rise in the use of collagen casings has been noted over the past 30 years, as these help food service providers minimize costs and automate production. They are well-matched with the standards for current traceability and food hygiene, and technical specifications can be determined in advance as well. Collagen casings are fabricated from collagen, which is derived from the corium layer of animal hide, including cattle hide. Collagen-rich tissue is standardized under high pressure, ring-thrusted, and eventually hardened, which results in a mechanically robust collagen casing.
There have been a number of changes in collagen casings, some as a result of technological advancements and others as a result of updated production unit systems. Continuous investments by key manufacturers over many years have made it possible to provide new, special, durable, and reliable collagen casings that operate more effectively at much higher speeds on sausage production lines and deliver quality sausage products that are widely embraced by consumers around the world. Over the last decade, a solid rise in the volume of collagen casings used in sausage production has been witnessed. Lower cost prospects for sausage providers, combined with consumer acceptance, continue to drive the demand for edible collagen casings. Development in the accessibility of processed meat products and different types of sausages gives rise to increased average meat consumption across both, emerging and developed markets, which, in turn, is flourishing the collagen casings market. However, the easy availability of plastic casing and cellulose casing in the market is poised hamper the growth of the collagen casings market. Increasing meat production is generating economies and is anticipated to further create new opportunities for the market to grow.
Collagen Casings Utilization Scenario Market Segment Analysis – By Product Type
On the basis of product type, edible casing segment held the major share of the market in terms of revenue and is poised to grow with a CAGR of 6.23%. The reason is being attributed to going vegan is currently one of the greatest food trends. Consumers around the world demand vegan food items and have forced edible casing manufacturers to concentrate on edible casing that is natural. In addition, this segment is anticipated to gain revenue share during the forecast period as a result of the rising customer changes from starch-based diets to protein-based diets have also further strengthened the worldwide demand for protein-based edible casings. Apart from this, there is a steady increase in the demand for edible collagen casing over past few years, especially from the Asia Pacific region. China continues to be one of the prominent leaders in the edible casing market in Asia Pacific market. This growth is coupled with improvement in the availability of sausage and processed meat products over the globe thus leading to rising meat consumption in both developed and emerging markets. This has further strengthened the global edible casing market currently. Furthermore, rapid growth of edible collagen in the Latin American countries attributable to improved economic condition and increasing meat consumption has strongly contributed towards the market growth of edible casing.
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Collagen Casings Utilization Scenario Market Segment Analysis – By Geography
Europe dominated the Collagen Casings Utilization Scenario Market with a share of 34% in 2019. The application of Collagen Casings Utilization Scenario has grown rapidly over the last few years owing to the evolving food preferences of the target audience are accompanied by a rising demand across European countries for ready-to – eat food items. In addition, increasing population rates and rising food purchasing would further complement the growing consumer demand. In several European countries, especially in Germany, the working population is looking for a fast-food choice that saves their cooking time and provides sufficient nutrition.
During the forecast period 2020-2025, APAC is poised to give market vendors many growth opportunities. Factors such as growing urbanization rates, growing GDP growth, and increasing meat consumption would significantly drive the growth of the demand for sausage casings in this area over the forecast period 2020-2025.
Collagen Casings Utilization Scenario Market Drivers
Shift in the demand towards chicken and fish based organic sausages
In recent years, the market for sausages has seen steady growth and has seen marked changes in the content and ingredients from which sausages are manufactured. Today, consumers have become more conscious of and worried about the ingredients used in food products. The health risks of red meat, especially pork and beef, have led to a move towards healthier sausages made from chicken and fish. A rich source of proteins and carbohydrates is fish and chicken sausages. In addition, compared to conventional pork and beef-based sausages, these sausages cost less, are simpler to produce, and are healthier sausages. Thus, this aspect is anticipated in the coming years to cause the growth of the demand for collagen casings.
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Collagen Casings Utilization Scenario Market Challenges
Rapid rise of veganism with easy availability of plastic casing and cellulose casing
Visibly rapid growth of the trend of veganism sabotaging the meat industry, thus impeding the growth of the demand for collagen casings. Veganism is being adopted with incredible speed. Big food chains such as Pizza Hut, Zizzi, and more are introducing vegan ranges for three key factors – environmental concerns, animal concerns, and personal health. Also, numerous manufacturers are providing alternatives for meat such as meat substitutes and more. All these factors are sabotaging the meat industry, which could result in hampering the growth of the collagen casings market. Moreover, the easy availability of plastic casing and cellulose casing in the market is poised to hamper the growth of the collagen casings market.
Collagen Casings Utilization Scenario Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Collagen Casings Utilization Scenario Market. In 2019, Collagen Casings Utilization Scenario Market share is fragmented by the top ten players present in the market. Collagen Casings Utilization Scenario Market top 10 companies are VISKOTEEPAK, Devro plc., Viscofan, FABIOS S.A., EDIBLE CASING, S.L, Ascona Foods Group Canada, Shenguan Holdings (Group) Limited, Nitta Casings Inc., FIBRAN, S.A., Nassau Foods, Inc., and others.
In February 2018, Viscofan Group, which is a Spanish based company signed an agreement to acquire Transform Pack Inc., a Canadian based manufacturer of innovative products with value-added technology for packaging material that applies countless formulations to a wide range of packaging material and casings.
In 2017, Devro plc introduced its Fine Ultra casings to the customers present in Asia and Europe. This strategic initiative is further expected to provide significant opportunity for volume growth in the coming years.
Europe dominated the Collagen Casings Utilization Scenario Market with a share of 34% in the year 2019.
The factors such as increasing advancement and technical development in collagen and continuous investments by key manufacturers over many years are amongst the major factor projected to impel growth of Collagen Casings Utilization Scenario Market.
Development in the accessibility of processed meat products and different types of sausages gives rise to increased average meat consumption across both, emerging and developed markets are the key factors owing to the growth in the segment during forecast period 2020-2025.
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