Global Hot Dogs and Sausages Market Is Expected to Reach Usd 80.45 Billion by 2021: Transparency Market Research

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 published a new market report titled “Hot Dogs and Sausages Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 - 2021.” According to the report,

the global hot dogs and sausages market was valued at USD 64.76 billion in 2014 and is estimated to

reach USD 80.45 billion in 2021, growing at a CAGR of 3.1% from 2015 to 2021. In terms of volume the

global hot dogs and sausages market was valued at 5664.7 Kg-million in 2014 and is expected to reach

6443.6 Kg-million by 2021, growing at a CAGR of 1.8% over the forecast period. Among different regions

the Middle East and Africa (MEA) market is expected to grow at the highest CAGR both in terms of revenue

and volume over the forecast period. The Middle East and Africa hot dogs and sausages market in terms of

revenue and volume is projected to grow at a CAGR of 3.4% and 2.9% respectively from 2015 to 2021. In

terms of revenue and volume Asia Pacific held the largest market for hot dogs and sausages in 2014 and is

expected to retain its position as the market leader over the forecast period.

Hot dogs and sausages are popular across the globe; however, the consumption pattern varies from region

to region. New flavors and convenient products are boosting the hot dogs and sausages market globally.

Consumption of sausages varies by season. For example, dinner sausages are...