Latin America Hot Dog And Sausages Market

Latin America Hot Dog and Sausages market Size, Share, Growth (2022-2027)

Latin America market was valued at USD 5.87 billion in  2021 and is expected to reach USD 6.95 billion by 2027 to grow at 3.45% CAGR

Latin America Hot Dog and Sausages market Overview

The Hot dog is a mixture of meat and fat that are finely ground together into a paste and kept in cold conditions while making and stuffing. It is a cooked sausage that is grilled or steamed and served in a partly sliced bun. Sausage is a food item consisting of ground meat, fat, various spices, and herbs, which are stuffed together into a casing. The growing demand for low-calorie, organic food products is a trend gaining much prominence across the globe. Looking to avoid the risk of being overweight and obese, an increasing number of consumers are now demanding organic versions of hot dogs and sausages as well. Hot dogs and sausages are among the most preferred fast foods for kids and youth and as a result, households with kids and college students form the most attractive consumer group for hot dogs and sausages. The growing population of individuals between the ages of 20 and 30 is a key factor driving this market. Major sporting events also contribute to the rising demand, according to a survey by the National Hot Dog and Sausage Council. The rising instances of obesity is a key factor in reducing the consumption of hot dogs and sausages as consumers shift toward healthier and less fatty alternatives.

Latin America Hot Dog and Sausages market Segmentation

on the basis of

• Type

• Product

On the basis of Type

• Refrigerated Breakfast Sausages

• Refrigerated Dinner Sausages

• Cocktail Sausages

On the basis of product

• Pork

• Beef

• Chicken

The snacks and bar segment has seen the highest rise in the consumer market owing to wellness and health trends. Pork dominated this market segment while chicken is expected to be the most attractive segment for the hot dogs and sausages market due to rising health awareness among consumers. There has been a shift in consumer preferences from red meat to chicken since the cholesterol content in red meat is much higher as compared to chicken. Furthermore, chicken does not contain trans-fat, which is one of the main factors leading to coronary diseases.

Latin America Hot Dog and Sausages market Regional Analysis

• Argentina

• Brazil

• Mexico

The hot dogs and sausages market in Latin America is growing due to the increasingly busy lifestyles of the working class, growth in the frequency of major sporting events, and an increase in the number of households with kids.

Latin America Hot Dog and Sausages market Keyplayers

1. Bar-S Foods Co.

2. ConAgra Foods, Inc.

3. Bob Evans Farms, Inc.

4. Johnsonville Sausage, LLC

5. Sara Lee Food & Beverage

6. Family Dollar Stores, Inc.

7. Boklunder

8. Atria Plc.

9. Animex

10. Campofrio Food Group

11. Elpozo

12. Sigma Alimentos

13. JBS Argentina

14. Tyson Foods Inc