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Dublin, April 11, 2022 (GLOBE NEWSWIRE) — The “Collagen Casings Market by Type (Edible, Non-Edible), Caliber (Small, Large), Application (Fresh Sausages, Processed Sausages (Pre-cooked, Smoked, Cured), End User (Food Service Providers, Food Retail), Distribution Channel – Global Forecast to 2028” report has been added to ResearchAndMarkets.com’s offering.
The global collagen casings market is expected to grow at a CAGR of 5.9% from 2021 to 2028 to reach $2.04 billion by 2028.
The key factors supporting the growth in this market include the increase in the global population and subsequent rise in meat consumption and production; casings manufacturers’ shift from natural casings to collagen casings to overcome operational challenges; and the rising number of fast-food restaurant chains .
Moreover, growing demand from emerging economies in Asia-Pacific, Latin America, the Middle East, and Africa is expected to create lucrative opportunities for players operating in this market. However, consumer preference for natural casings over collagen casings is expected to hinder the growth of this market to some extent.
Based on type, the collagen casings market is segmented into edible and non-edible collagen casings. The edible collagen casings segment accounted for the largest share of the overall collagen casings market in 2021. The leading position of this segment is mainly attributed to its cost benefits and increasing adoption due to its edible…
Full story available on Benzinga.com
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