PUBLISHER: KBV Research | PRODUCT CODE: 1661757
PUBLISHER: KBV Research | PRODUCT CODE: 1661757
Asia Pacific Vegetarian Casing Market Size, Share & Trends Analysis Report By Application, By Source (Natural, and Synthetic), By Type (Plant-Based, Algae-Based, and Cellulose-Based), By Form, By Country and Growth Forecast, 2024 - 2031
The Asia Pacific Vegetarian Casing Market would witness market growth of 6.6% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Vegetarian Casing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $221.3 million by 2031. The Japan market is exhibiting a CAGR of 6% during (2024 - 2031). Additionally, The India market would experience a CAGR of 7.4% during (2024 - 2031).
Vegetarian casings are used in various food products, primarily in producing plant-based sausages, hot dogs, and other meat analogs. The food industry has witnessed a surge in demand for plant-based alternatives due to the rising number of vegetarian, vegan, and flexitarian consumers. These casings, typically made from cellulose, seaweed, or other plant-based materials, are designed to mimic the texture and appearance of animal-derived casings, allowing for the creation of visually and texturally appealing plant-based sausages.
Vegetarian casings are predominantly used to produce plant-based sausages, a popular substitute for traditional meat sausages. These casings are a wrapper for the sausage mixture, providing the necessary structure and texture. They allow plant-based sausages to have a similar appearance and texture to their meat counterparts, making them more appealing to consumers transitioning to plant-based diets.
With its fast-growing vegan food sector, India is poised to be a major player in the market. According to the India Brand Equity Foundation, the vegan food industry will account for 7.7% of the global protein sector by 2030, valued at approximately US$ 162 billion. This shift is driven by the rising popularity of plant-based proteins and an increased focus on sustainability and health. As more Indian consumers embrace vegetarian and vegan diets, the demand for plant-based alternatives in the food sector, including vegetarian casings, is expected to rise significantly. Furthermore, with the global demand for animal and dairy protein projected to reach US$ 1.2 trillion by 2030, India's growing vegan market presents vast opportunities for the expansion of vegetarian casing products as food processors increasingly incorporate plant-based ingredients into their product offerings. Hence, China and India are experiencing transformative growth in their food industries, creating a strong demand for plant-based products and alternatives.
Based on Application, the market is segmented into Edible Casing, and Non-Edible Casing. Based on Source, the market is segmented into Natural, and Synthetic. Based on Type, the market is segmented into Plant-Based, Algae-Based, and Cellulose-Based. Based on Form, the market is segmented into Pre-Cut Casing, and Roll/Sheets. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Ennio International
- Ruitenberg Ingredients B.V.
- The Sausage Maker, Inc.
- SOREAL ILOU
- Viscofan, S.A.
- Kalle GmbH
- Weschenfelder Direct Ltd.
- The Michlitch Company
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Vegetarian Casing Market, by Application
- 1.4.2 Asia Pacific Vegetarian Casing Market, by Source
- 1.4.3 Asia Pacific Vegetarian Casing Market, by Type
- 1.4.4 Asia Pacific Vegetarian Casing Market, by Form
- 1.4.5 Asia Pacific Vegetarian Casing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Vegetarian Casing Market by Application
Chapter 5. Asia Pacific Vegetarian Casing Market by Source
Chapter 6. Asia Pacific Vegetarian Casing Market by Type
Chapter 7. Asia Pacific Vegetarian Casing Market by Form
Chapter 8. Asia Pacific Vegetarian Casing Market by Country
Chapter 9. Company Profiles
LIST OF TABLES
- TABLE 1 Asia Pacific Vegetarian Casing Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Vegetarian Casing Market, 2024 - 2031, USD Million
- TABLE 3 Asia Pacific Vegetarian Casing Market by Application, 2020 - 2023, USD Million
- TABLE 4 Asia Pacific Vegetarian Casing Market by Application, 2024 - 2031, USD Million
- TABLE 5 Asia Pacific Edible Casing Market by Country, 2020 - 2023, USD Million
- TABLE 6 Asia Pacific Edible Casing Market by Country, 2024 - 2031, USD Million
- TABLE 7 Asia Pacific Non-Edible Casing Market by Country, 2020 - 2023, USD Million
- TABLE 8 Asia Pacific Non-Edible Casing Market by Country, 2024 - 2031, USD Million
- TABLE 9 Asia Pacific Vegetarian Casing Market by Source, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific Vegetarian Casing Market by Source, 2024 - 2031, USD Million
- TABLE 11 Asia Pacific Natural Market by Country, 2020 - 2023, USD Million
- TABLE 12 Asia Pacific Natural Market by Country, 2024 - 2031, USD Million
- TABLE 13 Asia Pacific Synthetic Market by Country, 2020 - 2023, USD Million
LIST OF FIGURES
