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Hot Dogs And Sausages Market

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Hot dogs and sausages market report segments global market by product type (Frozen Hot Dogs & Sausages, Cocktail Sausages, and Others), by meat type
Hot Dogs And Sausages Market – Global
Industry Insights, Trends, 2018 - 2026
Hot dogs and sausages are highly preferred across the globe due to its taste, flavors,
and convenient packaging. The availability of hot dogs and sausages in different flavors
such as honey, brown sugar, barbeque, Sajun, spicy, and teriyaki along with others is a
major factor driving the market growth. According to the National Hot Dog and
Sausages Council, on an average, people in the U.S. ate 20 billion hot dogs and spent
over US$ 2.4 billion on hot dogs in the U.S. supermarkets in 2016. The sausages
industry is segmented into both non-vegan and vegan categories. Companies such as
Linda McCartney Foods provide vegetarian sausages, which are branded as Linda
McCartney’s. The vegetarian sausages are much healthier, as they are filled with 60 to
65% of high amount of soy protein along with other ingredients such as soy protein
concentrates, sulfites, raising agents, and stabilizers. The casing provided in the
vegetarian sausages are also edible, as they are made from collagen and other organic
materials. Other factors such as rise in food truck business has fueled growth of
hotdogs and sausages market, as they are easy to cook and can provide different
varieties to the consumers. For instance, Mastiff Food Truck, a startup company in the
U.S. provides their own variety of sausages such as protein-based sausages, fat-based
sausages, and others with a variety of tastes. Owing to these factors, the hotdogs and
sausages market is expected to grow at a high rate over the forecast period.
Key Segment Trends
According to the National Consumer Survey (NCS), in 2017, sausages were breakfast
meal for 247.93 million people in the U.S. Cocktail sausages accounted for highest
revenue share in global hot dogs and sausages market, owing to its easy accessibility.
Across the world, consumers are shifting from consumption of red meat to chicken due
to its high cholesterol content as compared to chicken.
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On the basis of meat type, beef segment is expected to fuel growth of hot dogs and
sausages market over the forecast period. According to the National Hot dogs and
Sausages Council, in 2016, around 1 billion pounds of hot dogs were sold at retail
stores in North America, out of which around 61% of hot dogs had beef content, 12%
had pork, and 17% had turkey in it. Beef hot dogs are highly preferred, as they have
natural casing and they are skinless, which provides a better taste, texture, and
appearance.
Market Restraints
According to the U.S. Department of Agriculture, large amount of sodium nitrate used in
processed meat products such as hot dogs and sausages increases the risk of colon
cancer. Other factors such as large amount of saturated fat with less amino acid
molecules in sausages can cause type 2 diabetes and heart disease. Furthermore, long
term consumption of sausages made from red meat are considered to be harmful, as it
contains a red pigment known as haems that can cause cancer. Furthermore, the World
Health Organization (WHO) has classified processed meat as carcinogenic to humans.
According to the International Agency for Research on Cancer (IARC), daily
consumption of 50 gram of processed meat increases the risk of colorectal cancer by 18
percent.
Key Market Trends
North America region held a dominant position in the hot dogs and sausages market in
2016. According to the National Hot dogs and Sausages Council, in 2016, around 19.4
million hot dogs were sold in this region. Furthermore, increasing consumption of hot
dogs for breakfast is a major factor driving growth of hot dogs and sausages market in
this region. According to NHDSC, around 89% of the people in the U.S. consume
hotdogs for breakfast.
Hot dogs and sausages market in Asia Pacific region is fueled by the rising preference
for fast food among the younger generation in China and India, followed by Japan,
Malaysia, Korea, Philippines, Thailand, and Australia. The demand for on-the-go
breakfast products such as milk products, hot dogs, donuts and various others is
increasing in this region, as economies in this region have large number of women
going for work. According to Coherent Market Insights, the overall on-the-go breakfast
market in Asia Pacific region is expected to reach US$ 372.3 Mn by 2025.
Key Players in Hot Dogs and Sausages Market
The major players in hot dogs and sausages market include Bar-S Foods Co., ConAgra
Foods, Inc., Bob Evans Farms, Inc., Johnsonville Sausage, LLC, Sara Lee Food &
Beverage, Family Dollar Stores, Inc., Boklunder, Atria Plc., Animex, Campofrio Food
Group, Elpozo, Sigma Alimentos, JBS Argentina and Tyson Foods Inc., Fleury Michon
SA, Nestlé S.A, and Hormel Foods Corporation among others. Shineway Group,
Venky's, and Goodman Fielder Ltd are some of the major players in the hot dogs and
sausages market in Asia Pacific.
For More Information :
https://www.coherentmarketinsights.com/ongoing-insight/hot-dogs-and-sausages-market-1471
About Coherent Market Insights:
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and competitive analysis through various recommendations related to emerging market
trends, technologies, and potential absolute dollar opportunity.
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