The report covers the current scenario and the growth prospects of the Global Hot Dogs and Sausages market for 2019-2024. To calculate the market size, the report considers Hot Dogs and Sausages sales volume and revenue.
According to this study, over the next five years, the Hot Dogs and Sausage market will register a 2.0% CAGR in terms of revenue, reaching a global market size of US $ 69070 million in 2019 to US $ 74650 million by 2024.
Among these regions, North America held a significant market share in the global hot dog and sausage market in 2018, due to the growing trend of foods. According to the National Hot Dog and Sausage Council (NHDSC), the top hot dog consuming cities in 2018 include Los Angeles, New York City, Philadelphia, Boston, Chicago, Phoenix, Atlanta, Detroit, Washington DC, and Tampa. Data released in 2018 by the NHDSC stated that Los Angeles residents ate about £ 31 million worth of hot dogs, more than in other cities such as New York City and Philadelphia.
Among the types of meat, the hot dog and sausage are likely to hold a significant share in the market, due to the increased awareness of health concerns caused by other dog types in the chicken segment. Pork and beef are considered red meat, a type of mammalian meat muscle. According to the World Health Organization (WHO), red meat contains heterocyclic aromatic amines and polycyclic aromatic hydrocarbons, which are considered carcinogens (cancer-causing agents). In addition, the World Cancer Research Fund (WCRF) International (an authority on cancer prevention research) recommended limiting the consumption of red and processed meat and considering meat such as poultry as a possible alternative to red meat. Therefore, chicken is a relatively more safe option for consumption and, therefore, is projected to increase over the forecast period.
In addition, prolonged intake of sausages made from red meat is considered harmful, as they contain a chemical called ham that can cause cancer. Red meat includes beef, lamb and pork. For example, according to the Cancer Council New South Wales, Australia, eating 700 grams (red weight) of meat a week increases the risk of bowel cancer. Therefore, health concerns related to the consumption of red meat are expected to curb the growth of the hot dogs and sausage market.
The estimates displayed in the report have been obtained using proven research methods and assumptions. By doing so, the research report serves as a repository of analysis and information for every aspect of the market, including: but not limited to regional markets and applications.
Key players cited in the report:
WH Group (Smithfield Foods), Vienna Beef, Tyson Foods (Hillshire Brands), Hormel, Oscar Mayer, Johnsonville Sausage, Bar-S Foods, Kunzler & Co, Pilgrim’s Pride, Carolina Packers.
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Competitive Landscape:
Key players of the global Hot Dogs and Sausages market are profiled on the basis of various factors, which include recent developments, business strategies, financial strength, weaknesses and main business. The Hot Dogs and Sausages report offers a special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership.
Product Segments of the Hot Dogs and Sausages Market on the basis of Types are:
Pork Hot Dogs and Sausages
Chicken Hot Dogs and Sausages
Beef Hot Dogs and Sausages
Others
Application Segments of the Hot Dogs and Sausages Market on the basis of Application are:
Hotel & Restaurant
Barbecue
Personal
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Regional Segments Analysis:
The Middle East and Africa (GCC Countries and Egypt.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia.)
Full Browse the report description and TOC:
Highlights of TOC:
Market Overview: It starts with product overview and scope of the global Hot Dogs and Sausages market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and Hot Dogs and Sausages market size analysis for the review period 2019-2025.
Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price; Hot Dogs and Sausages market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.
Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.
Market Dynamics: Readers are provided with a comprehensive analysis of Hot Dogs and Sausages market challenges, influence factors, drivers, opportunities, and trends.
Market Forecast: Here, the Hot Dogs and Sausages report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.
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