The vegan casing market share is valued at USD 2.2 Billion in 2022 and is projected to grow at a CAGR of 7.3% during the forecast period, to reach a value of USD 4.4 Billion by 2032. Newly released data from Future Market Insights market analysis shows that global vegan casing demand is projected to grow year-on-year (Y-o-Y) growth of 6.6% in 2022.
| Attributes | Details |
|---|---|
| Vegan Casing Market Size 2022 | USD 2.2 Billion |
| Vegan Casing Market Forecast 2032 | USD 4.4 Billion |
| Vegan Casing Market CAGR (2022 to 2032) | 7.3% CAGR |
| Vegan Casing Market Forecast Period | 2022 to 2032 |
| Collective Value Share: Top 3 Countries (2021A) | 46.2% |
Demand for the vegan casing is likely to rise as the number of people who consume plant-based goods has expanded significantly, and brands are creating exceptional edible veggie casing to fulfill this current need.
The vegan casing is a fantastic plant-based casing created specifically for vegetarian and vegan recipes, which is anticipated to increase the vegan casing market size during the forecast period from 2022 to 2032.
It has special properties, such as gluten-free, GMO-free, and allergen-free, and addresses many health issues. As it is 100% vegetable, it is a better option for sausages with religious, legal, or labeling constraints. This leads to enlarging the adoption of vegan casing in the marketplace.
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Vegan casing demand grew at 8.9% CAGR between 2017 and 2021. The vegan casing can be used for both raw and cooked applications. This is a ready-to-use case, offered in a stick format that is easy to pack and manage. Due to this factor, the sales of vegan casing are likely to rise in the market.
It works with meat filling and processing equipment. There is no need to peel the casing because it is edible, and it improves sensory qualities while also providing a structure to the final product & it is estimated to grow the vegan casing market trends & forecast in the coming year as per the vegan casing market report.
Recent research has revolutionized the industry over the period and is further projected to grow at a CAGR worth 7.7% in the forecast year of 2022 to 2032. The vegan casing market, along with fresh vegan casing, 20-26mm Caliber, edible casings as end use, and B2C sales channel segments, are projected to reflect a favorable growth outlook in terms of revenue, according to the vegan casing market analysis conducted by Future Market Insights.
Halal and Kosher-compliant vegan casings are in demand in the USA, which are also suitable for vegetarians. The products come with no artificial coloring and are used as an alternative to collagen films, which have excellent machine-ability to be filled up with sausages. The products are also free from all known allergens and have non-GMO and GRAS status.
The demand for vegan casing in Spain is appropriate for both raw and cooked applications, with excellent frying characteristics and a super-tender bite. The ready-to-use case from Viscofan Group is delivered on a stick style that is easy to stuff and handle, just like the other edible casings in the market, which is likely to increase the adoption of vegan casing in the country.
The product does not concern with animal-based illness or contributes to cross-species contamination and comes with no artificial coloring, which is likely to increase the sales of vegan casing in the market.
Brands like Weschenfelder Direct Ltd drive the United Kingdom vegan casing market size with an edible vegan casing made from polysaccharides, a water-soluble component, and a unique alternative to collagen, cellulose, and natural sausage casing.
The product ingredient is abundantly available and renewable as well. Products available from the company come in a wide range of diameters, including 17mm to 32mm, along with 20mm, 23mm, and 24mm in between. The wide range of product categories is anticipated to boost the sales of vegan casing in the coming year.
Demand for the vegan casing is increasing as it is likely suitable with fresh, smoked & cooked, and dry-cured sausage products. The vegan casing is composed of entirely non-animal-based polymers with unique textures and appearances, which do not affect the nutritional profile of the main product.
As this remarkable plant-based casing is 100% vegetable, it is not just for consumers who eat a 100% vegetable-based diet but also for non-vegetarian people who value these types of products even more, which increases the production of vegan casing market growth in the coming year.
Though the product was created with vegetarian and vegan dishes in mind, it can also be used in meat items because of its all-rounding characteristics, which raise the production of vegan casing products and increase the vegan casing statistics during the forecast period from 2022 to 2032.
Key vegan casing manufacturers that are looking to capture the market in the adoption of the vegan casing with joint ventures, partnerships, mergers, and acquisitions while keeping up with research for innovative product lines supported by governments.
Due to all these tactics & methodologies, the industries are going to achieve the goal of rising in the vegan casing market trends during the forecast period.
These are the top Vegan Casing brands that are focusing on upgraded and modified products with rising demand for new formulations from the food and beverage industry, which has increased over time with vegan casing consumption among all populations. These factors are growing vegan casing market key trends & opportunities in the coming forecast period from 2022 to 2032.
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| Attributes | Details |
|---|---|
| Market Size Value in 2022 | USD 2.2 Billion |
| Market Forecast Value in 2032 | USD 4.4 Billion |
| Global Growth Rate | 7.3% CAGR |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | MT for Volume and USD Billion for Value |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; and Middle East and Africa |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Argentina, Chile, Peru, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others |
| Key Market Segments Covered | Product Type, Product Caliber, End Use, Sales Channel, and Regions |
| Key Companies Profiled | Euroduna Food Ingredients GmbH; Weschenfelder Direct Ltd; Dunninghams Ltd; Viscofan Group; The Sausage Maker Inc.; Kalle GmbH; Ruitenberg Ingredients B.V.; PROMAR Sp. z o. o; Nutra Produkte AG; Ennio International; Sonjal Casing® (SOREAL); Smoked and Cured; Ascona Foods Group; High Caliber Products; Suzy Spoon's; Others |
| Pricing | Available upon Request |
The vegan casing market is estimated to reach sales of nearly USD 2.2 Billion by 2022.
Vegan casing market revenue is expected to increase at a CAGR of around 7.3% during the period 2022 to 2032.
Vegan casing sales increased a CAGR of around 6.4% over the past half-decade.
The global vegan casing market value will be around USD 4.4 Billion in 2032.
Euroduna Food Ingredients GmbH, Weschenfelder Direct Ltd, Dunninghams Ltd, Viscofan Group, and The Sausage Maker Inc. are a few of the top players driving the market growth.
High product demand from the food service industry, soaring production of raw materials, and tasty and convenient product forms are the factors driving the growth of the vegan casing market.
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Vegan Casing Market
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