The North America hot dogs and sausages market is accounted to US$ 25,585.09 Million in 2019 and is expected to grow at a CAGR of 3.2% during the forecast period 2020 – 2027, to account to US$ 33,417.71 Million by 2027 during the forecast period.
The hot dog is a grilled or steamed link-sausage sandwich where the sausage is served in the slit of a partially sliced bun. These sausages are also commonly known as assembled sandwiches. The major ingredients used in the preparation of hot dogs include mustard, mayonnaise, relish, ketchup, and cheese sauce. Common garnishes in the hot dog include onions, jalapeños, chilli, sauerkraut, coleslaw, grated cheese, and olives. Likewise, sausage is a meat product made from ground meat such as pork, beef, poultry, salt, spices, and other flavourings. Other ingredients such as breadcrumbs or grains may be included as fillers or extenders.
The U.S contributed to the largest share in the North America hot dogs and sausages market. The US is a developed market for hot dogs and sausages due to the rising consumption of convenience products and surging demand form the working population due to busy lifestyles. Moreover, increasing demand for hot dogs and sausages from the young age population along with changing lifestyles is the key factors propelling the market growth in the US. The evolving taste of consumers and impulsive purchases are projected to propel the demand for hot dogs and sausages over the forecast period. Hot Dogs and Sausages are highly popular among the young population in the US, and this trend offers new opportunities for market growth in the country.
Rising preference for convenience food products
Convenient foods are food products that require less time and effort for preparation. The demand for convenience foods such as packaged meat products, kinds of hot dogs and sausages, and others increases faster due to changes in social and economic patterns, and rapid urbanization. Additionally, the increasing buying power of the consumers, rising awareness about health foods, and changes in food habits and meal patterns further boost convenience food demand. Convenience food is rapidly gaining popularity among the child population, teenagers, working-class people, and people living in hostels and bachelors. For instance, restaurants, supermarkets and school cafeterias, and concession stand, hot dogs are served everywhere. The people's significant shift towards convenience foods in developed countries such as the U.S and Canada is driving the demand for hot dogs and sausages market. Hot dogs and sausages are extensively used by individual consumers and by foodservice providers. Hot dogs and sausages offer food service providers, restaurants, and other consumers a simple and easy way to provide a great variety of food options. Therefore, the increasing demand for hot dogs and sausages to prepare various recipes is projected to drive market growth.
Product Market Insights
The North America hot dogs and sausages market is segmented on the basis of product into pork, beef, chicken and others. The pork segment holds the largest share of the market. The pork meat is among the largely consumed red meat in the in the U.S. It is an excellent nutritional value source that provides vitamins such as Vitamin B-6, thiamin, phosphorus, niacin, zinc, protein, and other nutrients. The pork is also considered as suitable for a healthy heart. In the market, different types of taste and flavors of hot dogs and sausages are available. The swine are raised and breeding as livestock by various small scale and larger scale swine farmers. The quality of the health of the animal is managed during the breeding process. The pork meat-related products such as the hot dogs and sausages business have limitations in the Islamic regions and countries as pork consumption is forbidden. In North America, there has been the potential for consumption and swine farming. Also, the active participation of the government boding to support the business related to pork meat is expected to drive the market in forecast period.
Type Market Insights
The North America hot dogs and sausages market is segmented on the basis of type into frozen hot dogs and sausages, refrigerated breakfast sausages, refrigerated dinner sausages, refrigerated hot dog, and cocktail sausages. The frozen hot dogs and sausages segment holds a larger share of the North America hot dogs and sausages market. Freezing of the meat and meat products is among the type of food preservation methods. It differs from the refrigeration process. The freezing of meat products helps to preserve the freshness, taste, texture of the products. The meat is frozen below -12ºC reduces the enzyme activity in meat. Thus, it stops the growth of bacteria and molds in the products. The frozen meat products such as the frozen hot dog, sausages, and other types of meat products can store in freezing conditions up to 12 months, depending on the type of meat used in the products and the storage unit's stability. For instance, as per the Purdue University pork, frozen ground sausages can be stored for about one to two months. The frozen products such as hot dogs and sausages need to thaw before cooking. Thawing of meat is when the frozen products are allowed defrost at generally at room temperature, it will enable the melting of ice and softens the hot dog or sausages. During this process, the meat products are easy to cut as compared to frozen meat.
Moreover, in the ongoing pandemic of COVID19, consumers prefer frozen meat to avoid exposure to the crowds in supermarkets and stores as the meat can be stored for a longer time. The meat producer and importers and exporters in the North American countries are actively evolving their business.
Distribution Channel Insights
The North America hot dogs and sausages market is segmented on the basis of distribution channel into supermarkets & hypermarkets, grocery store, e-commerce, and others. The others segment holds a larger share of the North America hot dogs and sausages market. Other segments include convenience stores, independent retailers, and foodservice. People prefer purchasing hot dogs and sausages from convenience stores as they can get it at any time of the day and are placed in convenient locations for local customers. Many types of hot dogs and sausages are sold in convenience stores, independent retailers, and foodservice. Still, specific brand hot dogs and sausage products are available only in a particular type of outlet. The reason why customers prefer purchasing hot dogs and sausages from these convenience stores, independent retailers as it close to the customers' residence and can visit the store any as per their convenience.
North America Hot Dogs and Sausages Market – By Product
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