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Hot Dogs & Sausages Market analysis of effective business strategies 2019 to 2027

12-21-2020 08:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Hot Dogs & Sausages Market

Hot Dogs & Sausages Market

Sausage is a meat product seasoned with spices and herbs, which are stuffed together into a casing and served with a partially sliced bun. Demand for hot dogs & sausages is expected to increase during the forecast period, owing to rising preference towards healthy food. Moreover, growing food truck business is fueling growth of the global hot dogs and sausages market, as they are easy to cook and can provide different varieties to consumers.

Among regions, North America held significant market share in global hot dogs & sausages market in 2018, owing to increasing popularity of hot dogs among the populace in the region. For instance, according to retail sales data of National Hot Dogs and Sausages Council (NHDSC), consumers in New York country spent more money on hot dogs in retail stores accounting for around US$ 93.2 million, than any other market in the country in 2018. Moreover, residents of Los Angeles stood second with US$ 72 million spent on hot dogs in 2018.

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Furthermore, Asia Pacific is expected to witness growth in the global hot dogs & sausages market over the forecast period, owing to rising preference for fast food among the younger generation in countries such as China, India, Japan, and Australia. For instance, according to Food and Agricultural Organization (FAO) data, China ranked third in production of chicken meat globally in 2017 whereas, China, India, Japan and Indonesia were considered among the top 10 chicken producing countries globally in 2017. Moreover data also shows that production of chicken meat in China was 1,20,75,000 Mtons in 2015 which increased to 1,28,55,950 Mtons in 2017.

Detailed Segmentation:

Global Hot Dogs and Sausages Market, By Product Type:
Fresh
Frozen
Others (Cured, Smoked, etc.)

Global Hot Dogs and Sausages Market, By Meat Type:
Pork
Beef
Chicken
Others (Turkey, Veal, etc.)

Global Hot Dogs and Sausages Market, By Distribution Channel:
Supermarket
Hypermarket
Online Channels
Convenience Stores

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Major players operating in the global hot dogs and sausages market include Hormel Foods corp., Nestlé S.A., San Miguel Purefoods Company, Inc., Bar-S Foods (A Sigma Company), ELPOZO ALIMENTACIÓN S.A., ANIMEX Foods Sp. z o.o. sp. k., BOB EVANS FARMS, LLC, Johnsonville, LLC., and Atria Plc.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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