Low Fat Sausage Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends
Global low fat sausage market size is expected to reach $4.10 billion by 2028 at a rate of 6.1%, segmented as by type, pork, beef, chicken, plant-based, other types
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Overview and Scope
A low-fat sausage is a type of sausage with reduced fat content compared to traditional varieties, often achieved through the use of leaner meats and minimal added fats. These sausages are commonly used as healthier alternatives in various culinary dishes, catering to dietary preferences that emphasize lower fat intake without compromising on flavor.
Sizing and Forecast
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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Segmentation & Regional Insights
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
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.
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Major Driver Impacting Market Growth
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.
Key Industry Players
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
The low fat sausage market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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