At 3.8% CAGR, the North America Hot Dogs and Sausages Market is Projected to be Worth US$ 20,676.34 million by 2030, Says Business Market Insights

According to Business Market Insights research, the North America hot dogs and sausages market was valued at US$ 15,373.13 million in 2022 and is expected to reach US$ 20,676.34 million by 2030, registering a CAGR of 3.8% from 2022 to 2030.  Rising preference for convenience food products and strategic initiatives by key market players attributed to the North America hot dogs and sausages market expansion.        

The consumption of high-quality convenience food is increasing among working population and teenagers. Convenience food, such as ready-to-eat products, saves consumers’ time and efforts associated with ingredient shopping, meal preparation, and cooking. Further, the inclination toward convenience foods such as packaged meat products, including hot dogs and sausages, has upsurged owing to busy lifestyles, increasing demand for on-the-go food products, and rapid urbanization. The increasing demand for protein-rich food and changes in food habits and meal patterns further boost the demand for convenience food. According to the US Department of Agriculture, consumer demand for convenience food upsurged, becoming the American staple food. The growing popularity of eating on the go during commutes or at the workplace has propelled the demand for portable and easily consumable food. Due to the busy lifestyle, the minimum time spent on cooking has also fueled the demand for convenience and on-the-go food products such as hot dogs and sausages. The availability of a wide range of hot dogs and sausages food options catering to various tastes and dietary preferences has further bolstered its demand. Thus, the increasing preference for convenience food drives the North America Hot Dogs and Sausages Market growth.

On the contrary, increasing incidences of hot dogs and sausages contamination and product recalls hampers the North America hot dogs and sausages market.  

Based on type, the North America hot dogs and sausages market is segmented into pork, beef, chicken, and others. The pork segment held 44.9% share of North America hot dogs and sausages market in 2022, amassing US$ 6,909.43 million. It is projected to garner US$ 8,884.23 million by 2030 to expand at 3.2% CAGR during 2022–2030. 

In terms of distribution channel, the North America hot dogs and sausages market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held 69.4% share of North America hot dogs and sausages market in 2022, amassing US$ 10,665.87 million. It is projected to garner US$ 14,380.39 million by 2030 to expand at 3.8% CAGR during 2022–2030.

By country, the North America hot dogs and sausages market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 67.4% share of North America hot dogs and sausages market in 2022. It was assessed at US$ 10,356.88 million in 2022 and is likely to hit US$ 13,852.23 million by 2030, exhibiting a CAGR of 3.7% during 2022–2030.      

Key players operating the North America hot dogs and sausages market Bar-S Foods Co, Carolina Packers Inc, Conagra Brands Inc, Hormel Foods Corp, Johnsonville LLC, Kunzler & Co Inc, Smithfield Foods Inc, The Kraft Heinz Co, Tyson Foods Inc, and Vienna Beef Inc, among others.

• In 2022, Johnsonville Opens New Production Facility in Sheboygan, US.
• In 2022, Tyson Foods, Inc completed the acquisition of Williams Sausage Company, Inc.
• In 2021, Applegate Farms, LLC Introduces the DO-GOOD DOG Hot Dog.
• In 2021, Johnsonville Launches Sausage Strips Nationally.

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