Hot Dogs and Sausages Market Expanding at a Cagr of 3.1% from 2015 to 2021

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

Global Hot Dogs and Sausages Market to Reach US$80.4 bn by 2021 due

to Increasing Demand for Convenience Food

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Hot Dogs and Sausages Market

REPORT DESCRIPTION

Transparency Market Research has recently published a research report that offers a comprehensive

overview of the global hot dogs and sausages market. The research report, titled “Global Hot Dogs and

Sausages Market - Industry Analysis, Size, Share, Trends and Forecast 2015 - 2021,” details the market, its

trends, dynamics, historical data, and its expected trajectory in the coming years. The report is complete

with a SWOT analysis and Porter’s five forces analysis to help its readers formulate business strategies to

maximize their gains.

According to the research report, the global hot dogs and sausages market was valued at US$64.7 bn in

2014 and is expected to reach a figure of US$80.4 bn in 2021, expanding at a CAGR of 3.1% from 2015 to

2021. Volume-wise, the global hot dogs and sausages market registered a sale of 5,664.7 mn kg in 2014

and is anticipated to reach 6,443.6 mn kg by 2021, moving steadily at a modest CAGR of 1.8% during the

forecast period. The prime growth drivers for the global hot dogs and sausages are the increasing

households with kids, rising popularity of hot dogs and sausages amongst younger consumers, and

increasingly hectic lifestyles, which do not leave much room for elaborate cooking.

This market is also being driven by rampant urbanization, introduction of new flavors, interesting

packaging methods, and the wide range of convenient...