The hot dogs and sausages market accounted for US$ 77 billion in 2022 and is projected to reach US$ 102.93 billion by 2030. It is expected to grow at a CAGR of 3.7% during the forecast period (2023-2030). The increase in the working population and hectic lifestyle has played a vital role in consuming ready-to-eat foods such as hot dogs and sausages. The hot dog is a bakery product made from bread and sausages, mainly made with minced meat such as pork, beef, or chicken and seasoned with spices. Furthermore, the rising customer spending on shelf-stable foods is expected to support the market's steady growth during the forecast period.
Hot Dogs and Sausages Market: Growth drivers
The hectic and fast-paced lifestyle of people due to growth in the working population has contributed in increasing the demand for ready-to-eat foods. The less time spent on cooking has fueled the demand for convenience and on-the-go food products such as hot dogs. The popularity of high-protein foods and the interest in natural and organic products are driving the sales. New products are present in the market with reduced fat content or increased protein content. The use of organic meat is also helping in the development of a sustainable product portfolio and supporting the product demand across the health conscious population.
Hot dog and sausages manufacturers are experimenting and introducing unique tastes and flavors owing to the evolving consumers' taste preferences, which can further boost the product demand. New flavors such as honey or brown sugar, Cajun, spicy, and teriyaki have hit the market in the last few years.
Hot Dogs and Sausages Market: Market restraints
According to the World Health Organization (WHO), red meat contains heterocyclic aromatic amines and polycyclic aromatic hydrocarbons, considered carcinogens. In addition, the World Cancer Research Fund (WCRF) has recommended limiting consumption of red and processed meats as a result. The health concerns associated with the consumption of red meat are believed to restrain the growth of the hot dogs and sausages market.
Figure 1. Global Hot Dogs And Sausages Market (%), By Segment Type
Among meat type, chicken segment is expected to hold significant share in the hot dogs and sausages market over the forecast period, owing to the rising awareness regarding health concerns caused due to other meat types. Pork and beef are considered as red meat, which are type of mammalian muscle meat. According to the World Health Organization (WHO), red meat contains heterocyclic aromatic amines and polycyclic aromatic hydrocarbons, which are considered as carcinogens (cancer causing agents). Moreover, the World Cancer Research Fund (WCRF) International (an authority on cancer prevention research) recommended limiting the consumption of red & processed meat and considering poultry meat such as a chicken as a potential alternative to red meat. Therefore, chicken is a relatively safer choice for consumption and is therefore, projected to witness growth over the forecast period.
|Base Year:||2022||Market Size in 2022:||US$ 77 Bn|
|Historical Data for:||2017 to 2021||Forecast Period:||2023 to 2030|
|Forecast Period 2023 to 2030 CAGR:||3.7%||2030 Value Projection:||US$ 102.93 Bn|
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.
|Restraints & Challenges:||
Hot Dogs and Sausages Market: Regional Insights
Among regions, North America held significant market share in the hot dogs and sausages market in 2022, owing to increasing trend of on-the-go food items. According to National Hot Dog and Sausages Council (NHDSC), top hot dog consuming cities in 2018 included Los Angeles, New York City, Philadelphia, Boston, Chicago, Phoenix, Atlanta, Detroit, Washington DC, and Tampa. The data released by NHDSC in 2018 states that Los Angeles residents consumed around 31 million pounds of hot dogs, which is more when compared to other cities such as New York City and Philadelphia.
Figure 2. Global Hot Dogs And Sausages Market Share (%), By Region
Hot Dogs and Sausages Market: Recent Developments
Hot Dogs and Sausages Market: Key Companies
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.
Definition: A hot dog is a grilled or steamed sausage sandwich consisting of a hot dog bun along with a meat sausage. Hot dog bun is a bakery product made of a bread and a sausage is primarily composed of ground meat such as pork, beef or chicken and is seasoned with spices such as cinnamon, garlic, paprika or cumin seeds among others. Hot dogs and sausages are offered with various flavors such as honey, brown sugar, barbeque, spicy, and teriyaki.
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 2022, 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.
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.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.
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