The global hot dogs and sausages market was valued at US$ 72.27 Billion in 2018, 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 global hot dogs and sausages market is expected to reach US$ 95.13 Billion by 2027, exhibiting a CAGR of 3.0% over the forecast period (2019-2027). 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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Key Trends and Analysis of the Global Hot Dogs and Sausages Market:
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