Coated casing market to reach $1.2 bn over next decade
Coated casing market is expected to expand at a CAGR of 4.5% over the next 10 years, according to a study released by Transparency Market Research (TMR). The use of collagen casings is increasing in sausages, owing to their ability to retain the tenderness and cooking characteristics same as that of natural casings. Moreover, rise in demand for sausages in the HoReCa (hotel, restaurants, and cafe) industry is resulting in expansion of the meat packaging industry, which, in turn, is creating revenue-generating opportunities in the global coated casing market.
In coated casings, different herbs and spices such as garlic & onion, hot paprika & chilli, lemon pepper, and curry are used. Owing to this factor, these casings offer appealing aroma and taste to meat as well as other vegetarian food products.
The market is expected to gain lucrative business prospects in Europe, owing to rise in the demand for several food products, such as sausages, in this region. Furthermore, increase in inclination among regional populace to buy products that have see-through or transparent packaging is generating growth avenues in the Europe market.
The study highlights some of the trends that are supposed to support market expansion until the end of 2031:
- With rise in demand among end users for bespoke products, players in the coated casing market are offering customized mixture of herbs and spices in casings as per the need of their customers. These initiatives are creating ample business opportunities in the coated casing industry.
- Plastic casings and woven reinforced casings are gaining traction, owing to their varied advantages, including their ability to transfer flavor, smoke, and color precisely with multilayer and monolayer structural packaging. Thus, rise in the use of these products is estimated to create substantial avenues in the global coated casing market during the forecast period.
- Adoption of coated casings is increasing among different end users, including food manufacturing companies, owing to the ability of these casings to decrease the sodium levels. Furthermore, these products are available in varied formats, including sheets, rolls, sleeves, and cut pieces.
- Manufacturers are increasing investments
According to researchers, collagen casings offer superior level of strength, flexibility, and uniformity. Besides, the popularity of collagen casings is increasing among end users, as they offer several advantages over natural casings such as uniform size or no weak spots.
Also, rise in use of see-through packaging technique in the meat industry is estimated to drive the sales of coated casings in the upcoming years. Besides that, demand for coated casings is projected to increase due to rising inclination among customers toward the consumption of frozen food products and their appetite for mobile shopping apps.
Meantime, the segment of natural casings will slow its market growth at a CAGR of 2% from 2021 to 2028 to reach $2.79 billion by 2028 from $2.44 billion in 2021. In terms of volume, the natural sausage casings market is expected to grow at a CAGR of 1.4% from 2021 to 2028 to reach 36,213.3 million meters by 2028 from 32,867.5 million meters in 2021, noted another study released by Meticulous Market Research.
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