The global hot dogs and sausages market to grow at a CAGR of 3.22% during the period 2017-2021. The latest trend gaining momentum in the market is Rising demand for organic sausages.
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With growing health-consciousness, consumers are shifting toward healthier varieties of hot dogs and sausages.
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Along with taste, consumers also look for healthier variations to traditional sausages. Organic production is a sustainable and environmentally safe way of producing.
Meats are extracted from animals who are raised without the use of any antibiotics, are fed natural feed, and are not genetically modified. Thus, the meat of such animals is safe to consume.”
Major key players in the global hot dogs and sausages market: Bar-S Foods, Goodman Fielder, Hormel Foods, Nestlé, Smithfield Foods, Tyson Foods, CAMPOFRIO FOOD GROUP, Johnsonville, KENT QUALITY FOODS, Kunzler & Company, Sigma Alimentos, Tasty-Bake, TC Fines & Sons, The Franconian Sausage Company, The Galloping Goose Sausage Company, Vienna Beef, and Westaway Sausages.
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According to the hot dogs and sausages market report, one of the major drivers for this market is Increasing demand from millennials. Millennial have a significant impact on the consumers’ dietary patterns.
Millennials seek for healthy and variety of food alternatives and options. Thus, food manufacturers are creating innovative and healthy alternatives to attract millennials.
Millennials consider food customization and variation as their need rather than the luxury. They spend more than boomers and also have the preference for fast foods because of the convenience and ease of preparation.
Further, the hot dogs and sausages market report states that one of the major factors hindering the growth of this market is Fluctuating meat prices. Beef, pork, and chicken are basic raw materials that are required to make sausages.
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Thus, notable changes or fluctuations in the price of these raw materials will directly impact the production and price of hot dogs and sausages. Prices of meat are also affected by the outbreak of animal diseases.
The price of beef has increased to more than three times in 2016, because of the combination of many factors. Persistent drought conditions in Texas, US and the increase in the price of cattle feed have affected the price of beef.
Major Points from Table of Contents:
1: Executive Summary
2: Scope of The Report
3: Research Methodology
5: Market Landscape
6: Market Segmentation By Application
7: Market Segmentation By Product
8: Regional Landscape
9: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
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