Hot Dogs and Sausages Market Research Report and Forecast up to 2021 Hot Dogs and Sausages Market - Global Industry Ana

Hot Dogs and Sausages Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2015 - 2021
Hot Dogs and Sausages Market: Snapshot
Hot dogs and sausages have been gaining popularity around the world owing to the
taste, convenience, and variety they offer. The hot dogs and sausages market is
being driven by varied consumption trends and patterns across different regions
and seasons. The rapid development of the retail sector in emerging economies is a
large opportunity for players in the hot dogs and sausages market and this has
spurred the operational expansion of companies in countries such as China, India,
Malaysia, the UAE, and the Philippines.
Revenues of the global hot dogs and sausages market were nearly US$64.7 bn in
2014 and are estimated to reach US$80.4 bn by 2021. The market is projected to
register a 3.1% CAGR during the forecast period, reports Transparency Market
Research.
View Report @ http://www.transparencymarketresearch.com/hot-dogs-
sausages-market.html
Chicken Sausages to Emerge as Most Attractive Segment as Pork
Sausages Face Religious Barriers
Hot dogs and sausages are made from a variety of meats: pork, beef, chicken,
mutton, and lamb. Among these, although pork led the overall market, chicken is
identified as the most attractive segment for the hot dogs and sausages market due
to growing health awareness among consumers. There has been a global shift in
consumer preference from red meat to chicken since the cholesterol content in red
meat is higher than that in chicken. Furthermore, chicken does not contain trans fat,
which is one of the main factors triggering coronary heart diseases. This is expected
to increase the demand for chicken hot dogs and sausages during the forecast
period.
Additionally, chicken is comparatively cheaper and there are negligible religious
barriers or taboos associated with its consumption. This is as an important factor in
the growth of the chicken hot dogs and sausages market, especially in the Middle
East. On the other hand, pork is an attractive segment in the hot dogs and sausages
market in Asia Pacific, especially in China.