The Hot Dogs And Sausages market was valued at US$ 77 Billion in 2022, according to Hot Dogs and Sausages Market Report, by Product Type (Fresh, Frozen, and Others (Cured, Smoked, etc.)), by Meat Type (Pork, Beef, Chicken, and Others (Turkey, Veal, etc.)), by Distribution Channel (Supermarket, Hypermarket, Online Channels, and Convenience Stores), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa).
The hot dogs and sausages market is expected to reach US$ 102.93 Billion by 2030, exhibiting a CAGR of 3.69% over the forecast period (2023-2030). Rising demand for hot dogs and sausages can be attributed to increasing trend and awareness regarding consumption of food products with high nutrient content among the populace. Sausages are prepared from various types of meat such as chicken, pork or beef that are rich nutrients such as proteins and fats. For instance, according to National Hot Dogs & Sausages Council (NHDSC), regular hot dog (a 45 gram serving) contains total of 150 calories, 13 grams of fat, and 5 grams of protein. However, there are various options available in low-fat or fat-free hot dogs that contain lower calories (45 calories) for consumers who prefer food items with reduced fat and sodium content.
However, according to the World Health Organization (WHO), meat processing methods including curing and smoking can result in formation of N-nitroso compounds and polycyclic aromatic hydrocarbons that are considered as carcinogenic chemicals (cancer causing chemicals). Therefore, rising awareness regarding health concerns about processed and red meat products is expected to restrain growth of the global hot dogs & sausages market.
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Browse 24 market data tables* and 12 figures* on "Hot Dogs and Sausages Market” - Global forecast to 2030.
Key Trends and Analysis of the Hot dogs and sausages market:
- Several companies are focusing on providing healthy food choices to people. For instance, on April 30, 2019, Moving Mountains launched a meatless vegan hot dog, which the company states as the world’s first foot-long hot dog that looks and tastes similar to meat. This plant-based hot dog is made from sunflower seeds, coconut, paprika, carrots, and onions and therefore, it is a potential alternative to red meat-based sausages.
Key Takeaways of the Market:
- Among product types, frozen segment is expected to hold significant market share over the forecast period, owing to rapid adoption of frozen products due to busy lifestyle of working population. Frozen foods are easy to carry, prepare, and consume. They do not require extensive preparation before consumption. Frozen food items also have longer shelf life as compared to fresh foods. Therefore, frozen segment is expected to drive the growth of the market.
- Among regions, North America held significant market share in the hot dogs and sausages market in 2022 and is expected to hold dominant position in the market over the forecast period, owing to increasing number of consumers of hot dogs & sausages in the region. For instance, according to National Hot Dogs and Sausages Council (NHDSC), top sausages consuming cities in 2018 include Los Angeles, Chicago, New York City, New Orleans, Houston, Philadelphia, Atlanta, Boston, and San Francisco.
- Furthermore, NHDSC also states that consumers spent over US$ 3 billion on hot dogs in the U.S. supermarkets in 2018. Therefore, among distribution channels, supermarket segment is expected to hold significant market share in the hot dogs and sausages market over the forecast period.
- Major players operating in the 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.
