Hot Dogs and Sausages Market Is Estimated to Be Worth Us$80.4 Bn by 2021, 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
Organic Products to Soon Become a Growth Imperative for Companies in
Hot Dogs and Sausages Market, predicts TMR

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Hot Dogs and Sausages Market

REPORT DESCRIPTION

The growing demand for low-calorie, organic food products is a trend gaining much prominence across the
globe. Looking to avoid the risk of overweight and obesity, an increasing number of consumers are now
demanding organic versions of hot dogs and sausages as well. Transparency Market Research identifies
this trend to be immensely lucrative for players.
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The competitive landscape of most of the regional hot dogs and sausages markets is extremely
fragmented, Transparency Market Research observes, with the exception of the MEA region. In Asia Pacific,
the leading revenue contributor to the global hot dogs and sausages market, the top five players
accounted for a share of just over 30% in 2014. These players are Shineway Group, Venky’s, Goodman
Fielder Ltd., Nippon Meat Packers Inc., and People’s Food Holdings Ltd.
One of the leading growth strategies adopted by a number of key players in the global hot dogs and
sausages market is product line expansion through constant mergers and acquisitions. A case in point
would be ConAgra Food Inc. In 2014, the company acquired Ralcorp, a leading producer of private brand
foods in the U.S. to strengthen its share in the packaged foods market.
“Continuously engaging in R&D activities for the development of...