Hot Dogs and Sausages Market Estimated to reach US$80.45 Billion by 2021.pdf

Hot Dogs and Sausages Market Estimated to reach US$80.45 Billion by 2021.pdf

  • Submitted By: amyjames
  • Date Submitted: 06/23/2016 2:23 AM
  • Category: Business
  • Words: 1260
  • Page: 6

Transparency Market
Research

Hot Dogs and Sausages Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2015 - 2021

Published Date
21-05-2015

120 Page Report

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Press Release
Value of Global Hot Dogs and Sausages Market to surpass US$80 bn by
2021 Propelled by Growing Demand for Convenience Foods

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Hot Dogs and Sausages Market

REPORT DESCRIPTION

Hot dogs and sausages have attained popularity worldwide but differ in consumption pattern
from region to region. During different seasons, flavor preferences in hot dogs and sausages
change. For example, dinner sausages are more in demand in summer and during the holiday
season, there is more demand for breakfast sausages. Globally, hot dogs and sausages are
increasingly being consumed with new seasonings and flavors boosting demand. The popularity
of hot dogs and sausages among the younger generation, their convenience in today’s hectic
lifestyle, and successful marketing tactics of prominent hot dog and sausage makers have all
contributed to the increased demand from the global hot dogs and sausages market.Globally, the
hot dogs and sausages market valued at US$64.76 billion in 2014 and expected to grow at a
CAGR of 3.1% and reach US$80.45 billion in 2021. Total volume of the hot dogs and sausages
market is estimated to grow at a CAGR of 1.8% and reach 6,443.6 million kg by 2021.
Popularity among Younger Generation Fuelling Hot Dog and Sausages Market
In the U.S., the demand for hotdogs and sausages receives a huge boost during sports games,
due to its cultural importance as the traditional “sports food”. In France, demand for low-fat and
low-calorie hygienic food has provided a window of opportunity for hotdogs and sausage
manufacturers. Hot dogs and...

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