Technavios market research analyst projects the hot dog and sausages market to reach a market value of around USD 76 billion by the end of 2019. The diversity of the product offerings and its association with various events have been driving the growth of this market. For instance, According to NHDSC, during occasions such as Memorial Day, Independence Day and Labor Day in the US, the consumption of hot dogs is more 100 million.
The health risks associated with hots dogs and sausages is expected to deter the growth of the market during the forecast period. Most hot dogs and sausages contain a chemical compound named nitrite that are present is almost all the processed meats such as sausages, hot dogs, and bacon as well as poultry items. During the preparation of the meat, the nitrites combine with other chemicals resulting in N-nitroso compounds. On consumption, N-nitroso converts into nitrosamines within the human body which is harmful and leads to various types of cancer.
The global hot dog and sausages market is fragmented resulting in intense competition. The vendors compete on the basis of price differentiation, product and category extension, flavor innovations and calorie intake per consumption. The market is also expected to face competition from indirect substitutes such as fruits, juices, and salads during the forecast period.
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market size and forecast Five forces analysis PART 06: Market segmentation by product Global cocktail sausages market Global dinner sausages market Global breakfast sausages market Global other sausages market PART 07: Market segmentation by geography Hot dogs and sausages market in APAC Hot dogs and sausages market in Europe Hot dogs and sausages market in North America Hot dogs and sausages market in Middle East
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