Low Fat Sausage Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Low Fat Sausage Market by region.
Global Low Fat Sausage Market is valued at approximately USD 2.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2022-2029.
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Low Fat Sausages are animal & plant-based meat products manufactured from functional meat with improved properties and health claims promoting cholesterol reduction. Moreover, different ground meat including beef, pork, plant-based meat, and poultry are used for making low fat sausages. In addition, other ingredients, such as grains or breadcrumbs are also used in the preparation of sausages as fillers. The increasing demand for packaged food products and the growing expansion of fast-food chains worldwide as well as strategic initiatives from leading market players are key factors driving the demand for low fat sausages worldwide.
The increasing consumption of packaged food products due to the increase in working-class population and changing lifestyle patterns is contributing towards the growth of the Global Low Fat Sausages Market. For instance – as per Statista – as of 2022, revenue in the Ready-to-Eat Meals segment is valued at USD 510 billion, and the market for ready-to-eat meals is projected to grow at a growth rate of 6.39% between 2022 and 2027 to reach USD 695.14 billion by 2027. Moreover, as per Statista – in 2021, the quick service restaurant (QSR) industry in the United States was valued at USD 322.05 billion, and the industry is projected to reach to USD 331.41 billion by end of 2022. Also, the growing penetration of online food delivery platforms and the rising emergence of plant-based sausages would create a lucrative growth prospectus for the market over the forecast period. However, the rising awareness towards health issues associated with processed meat products stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Low Fat Sausage Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to increasing consumption of plant-based food products and the presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising consumption of meat and meat-based products and the rising emergence of plant-based sausages in the region.
Major market players included in this report are:
Atria Oyj
Beyond Meat, Inc.
Heck Food Ltd
Hormel Foods corp.
JBS S.A.
Johnsonville LLC.
Nestle S.A.
Premium Brands Holding Corporation
Tyson Foods, Inc.
WH Group Limited
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Recent Developments in the Market:
In January 2020, Switzerland-based Nestle SA has announced the launch of plant-based sausages in Europe and the United States. In Europe, soy-based Garden Gourmet sausages would be launched in Bratwurst and Chorizo styles in countries including Austria, Belgium, Germany, the Netherlands, Norway, Sweden, and Switzerland. Whereas, in the USA the company would launch pea protein-based Sweet Earth Sausage in three varieties including Habanero Cheddar, Asian Ginger Scallion and Chik’n Apple.
In November 2022, India-based Wakao Foods launched its new ready-to-cook jackfruit sausages in India. The company has launched Hot & Spicy and American Herbs flavours of the sausages.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type
Pork
Beef
Chicken
Plant-based
Others
By End User
Residential
Commercial
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By Distribution Channel
Hypermarkets and Supermarkets
Specialty Stores
Convenience Stores
Online Sales Channels
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Low Fat Sausage Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Low Fat Sausage market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Low Fat Sausage market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Low Fat Sausage market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Low Fat Sausage Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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