Global hot dogs and sausages market was valued at US$ XX Mn in 2017 and expected to grow at 3.4% Compound Annual Growth
Global Hot Dogs and Sausages Market: By Product Type (Frozen Hot Dogs & Sausages, Cocktail Sausages, Refrigerated Sausages, and Refrigerated Hot Dogs), By Meat Type (Beef, Pork, Chicken, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global hot dogs and sausages market was valued at US$ XX Mn in 2017 and expected to grow at 3.4% Compound Annual Growth Rate (CAGR) over 2018 to 2024
Market Outline: Hot Dogs and Sausages Market
Hot dogs are the cooked sausages which are traditionally steamed or grilled and served in a sliced bun. They are made of various kinds of meat such as beef, chicken, pork, lamb, and mutton. They are also available in several flavors such as barbeque, brown sugar, and honey, etc.
The change in lifestyle along with a change in food habits are the key factors attributed for the growth of the hot dogs and sausages market. The growing health concerns and consumers preference towards the healthier food options is driving them to adopt the hot dogs. The vegetarian sausages are gaining popularity owing to its rich protein content. Due to its ease of preparation, the sausages are preferred by the consumers, which is likely to boost the growth of the hot dogs and sausages market. The continuous intake of the meat is considered to be carcinogenic, which is likely to hamper the growth of the market. The World Health Organization has stated that meat is carcinogenic to humans.
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Market Scope: Hot Dogs and Sausages Market
Hot dogs and sausages market are segmented based on the product type, meat type, and distribution channel
Based on the product type, the market is segmented into the following:
• Frozen Hot Dogs & Sausages
• Cocktail Sausages
• Refrigerated Sausages
• Refrigerated Hot Dogs
Based on the meat type, the market is segmented into the following:
• Beef
• Pork
• Chicken
• Others
Based on the distribution channel, the market is segmented into the following:
• Supermarket/Hypermarket
• Convenience Stores
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Regional Analysis: Hot Dogs and Sausages Market
Geographically, global hot dogs and sausages market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America hot dogs and sausages market is the dominant market when compared with that of the other regional markets. The increase in demand for the sausages is the key factor enhancing the growth of the hot dogs and sausages market in this region. The Asia Pacific region falling next to North America. Owing to increasing preference for fast food this region is expected to exhibit significant growth. Europe holds the third largest share of the global hot dogs and sausages market. The Middle East and Africa region are to witness the notable growth over the forecasted period owing to the busy lifestyle.
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Competition Assessment: Hot Dogs and Sausages Market
Some of the players in the global hot dogs and sausages market include:
• Elpozo (Spain)
• Sigma Alimentos (Mexico)
• JBS Argentina and Tyson Foods Inc. (Argentina)
• Fleury Michon SA (France)
• Nestlé S.A (Switzerland)
• Hormel Foods Corporation (U.S)
• Bar-S Foods Co. (U.S)
• ConAgra Foods, Inc. (U.S)
• Bob Evans Farms, Inc. (U.S)
• Johnsonville Sausage, LLC (U.S)
• Sara Lee Food & Beverage (U.S)
• Family Dollar Stores, Inc.(U.S)
Notable Market Developments: Hot Dogs and Sausages Market
In March 2018, Quorn has launched new vegan sausages
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