The low fat sausage global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Low Fat Sausage Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The low-fat sausage market size has grown strongly in recent years. It will grow from $3.05 billion in 2023 to $3.23 billion in 2024 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to the rising health consciousness of consumers, increasing awareness of diet-related diseases, demand for healthier food options, changes in dietary habits, growth of fitness and wellness trend.
The low-fat sausage market size is expected to see strong growth in the next few years. It will grow to $4.10 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to the adoption of sustainable packaging solutions, rising disposable incomes, consumer preference for lower calorie products, growing demand for convenience foods, growth in the clean eating trend. Major trends in the forecast period include the rise of plant-based low-fat sausage options, personalized nutrition trends, integration of smart packaging technologies, demand for ethnic and exotic flavors, introduction of flavored and processed meat products.
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Scope Of Low Fat Sausage Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Low Fat Sausage Market Overview
Market Drivers –
The growth in the clean eating trend is expected to drive the low-fat sausage market going forward. Clean eating is a dietary approach focused on consuming whole, minimally processed foods that are free from additives and artificial ingredients. The growth in clean eating is driven by increasing health awareness, a desire for transparency in food sourcing, and a growing preference for natural and organic products. Low-fat sausages contribute to the clean eating trend by offering healthier, minimally processed alternatives, such as plant-based options, that meet consumers’ demand for nutritious and natural foods. For instance, in May 2023, according to the statistics published by the Organic Trade Association (OTA), a US-based business association of the organic industry, organic food sales in the United States reached $61.7 billion in 2022, growing by 4.3% from $59.1 billion in 2021 and surpassing the $60 billion mark for the first time. Therefore, the growth in the clean eating trend is driving the low-fat sausage market.
Market Trends –
Major companies operating in the low-fat sausage market are increasing their focus on developing sausage with reduced saturated fat content to meet the growing consumer demand for healthier and more nutritious food options. A low-saturated-fat sausage is a healthier alternative to regular sausages, with substantially lower levels of saturated fat, making it a better choice for those aiming to minimize their consumption of unhealthy fats. For instance, in June 2024, Beyond Meat, a US-based plant-based meat products company, launched the fourth generation of Beyond Sausage. This latest version boasts enhanced flavor and a meatier texture while significantly improving its nutritional profile. It is made with avocado oil and contains 66% less saturated fat, at just 2g per link, which is 75% less than traditional pork sausage.
The low fat sausage market covered in this report is segmented –
1) By Type: Pork, Beef, Chicken, Plant-Based, Other Types
2) By Nature: Organic, Conventional
3) By Application: Food Industry, Hotels Or Restaurants Or Cafes (HoReCa), Household (Retail)
4) By Distribution Channel: Hypermarkets And Supermarkets, Specialty Stores, Convenience Stores, Online Sales Channels, Other Distribution Channels
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Regional Insights –
North America was the largest region in the low fat sausage market in 2023. The regions covered in the low fat sausage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the low fat sausage market are Cargill Incorporated, Nestlé S.A., Tyson Foods Inc., WH Group Limited, Smithfield Foods Inc., Perdue Farms, Roquette Frères, AGRANA Group, ELPOZO ALIMENTACIÓN S.A., Atria Plc, Butterball LLC, Boar’s Head, Johnsonville LLC, AVEBE, Beyond Meat, Kayem Foods Inc., Beneo GmbH, Premio Foods, Heck Food Ltd., Bob Evans Farms, The Emsland Group, Applegate Farms LLC, Aidells Sausage Company
Table of Contents
1. Executive Summary
2. Low Fat Sausage Market Report Structure
3. Low Fat Sausage Market Trends And Strategies
4. Low Fat Sausage Market – Macro Economic Scenario
5. Low Fat Sausage Market Size And Growth
…..
27. Low Fat Sausage Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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