The global Low Fat Sausage’ market size was valued at $2,532.2 million in 2021, and is projected to reach $4,755.1 million by 2031, registering a CAGR of 6.7% from 2022 to 2031. Low fat sausage is basically manufactured from a functional meat with improved properties and health claims promoting cholesterol reduction. In addition, organic is one of the trending market which is common in almost every food and beverage product. As consumers are becoming health conscious and are aware regarding the unhealthy production and cultivation of food crops and its effect over the body, the demand for organic products is also rising in the market. For instance, benefits associated with organic products include no usage of harmful chemicals, fertilizers GMO ingredients, pesticides, radiation or genetic engineering. In addition, according to The Research Institute of Organic Agriculture (FIBL) the global revenue generated from organic market in 2019 was $123 million with 3.1 million of producers of organic agriculture worldwide. Furthermore, Australia has the largest organic agricultural land of 35.7 billion hectares and Europe had 16.5 million hectares which is equivalent to more than 60% of the global organic area followed by Latin America and Asia with 11% and 5.9%. FIBL has further estimated that globally 1.5% of the farmland is organic and owing to the rise in demand for organic products this share is also rising.
Moreover, many consumers has negative perceptions regarding genetically modified organisms, despite endorsements from leading, global scientific organizations and more than three fourth of consumers globally think non-GMO food products are either somewhat or a lot healthier. GMOs rank remains in the top list of food concerns among the global Shoppers. Therefore, the key players are also stepping forward to introduce organic products in order to fulfil the growing demand. In addition, rise in spending on organic products & and increase in disposable income, especially in the developing countries, including China, India, Brazil, and Mexico are expected to propel the growth of the organic products market, which will propel the market growth of vegan low fat sausages in the process.
However, there is a variety of low-fat meat substitutes available in the market. Leading players in the food and snack industry offer a variety of meat-based, low-fat meal, and snack products. Lean meat has gained prominence among consumers, owing to increase in health and fitness consciousness. J. B. S. S. A. is amongst the leading players in the meat processing industry, offering a wide variety of innovative, low-fat beef, pork, lamb, and other meat products. The industry would continue to witness increase in number of low-fat food and snack products, prepared from meat, owing to rise in demand for health and fitness products among consumers. Therefore, availability of substitute is hampering the market growth.
These is a large consumer shift toward veganism as during vegunary’s challenge in 2020,500% of increase toward veganism was found as compared to 2014. As many as 6% of the U. S. population said that they are vegan which was just 1% in the year 2014. In addition, there were more than 500,000 participants who signed up for vegunary’s challenge in 2021 which was 25% more than the challenge of 2020. In 2020 there were 400,000 participants only. This shows consumer shift toward plant based products or vegan products are on rise and are expected to remain positive in the future. Therefore, the demand for vegan low fat sausage is anticipated to boost up in the future as people are trying to consume protein which is plant based instead of animal. In addition, non-vegetarian consumers are gradually cutting down the consumption of food such as beef, pork, poultry, and others, and are significantly accepting vegetarian lifestyle. This shift is observed due to consumers’ preference for healthy diet. As meat & meat products often contain harmful pesticides and chemicals, their high consumption can be risky. Thus, consumers are in search for other protein alternatives. Therefore, increase in awareness among consumers about the living condition of cattle in cattle farms has further changed preference of non-vegetarians to vegetarian food, which is propelling the market growth of vegan low fat sausages market.
The Low Fat Sausage market is segmented into type, end user, distribution channel, and region. On the basis of type, the market is categorized into Pork, Beef, Chicken, Plant-Based and others. On the basis of end user, the market is categorized into residential and commercial. On the basis of distribution channel, it is fragmented into supermarket/hypermarket, specialty stores, Convenience store, online sales channel and others. Region-wise, it is analyzed across North America (the U. S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, Turkey, South Africa, and rest of LAMEA).
According to the market players, the major obstacle attributed to the pandemic was the disruption of the supply chain. Furthermore, all the distribution channels were nearly shut down in the first quarter of the pandemic. However, online channels such as amazon and flipkart were delivering the products. The key players analyzed in the report are Atria Plc., Beyond Meat, Heck Food Ltd, Hormel Foods corp., JBS S. A., Johnsonville LLC., Nestlé S. A., Premium Brands Holding Corporation, Tyson, and WH Group Limited.
Moreover, many consumers has negative perceptions regarding genetically modified organisms, despite endorsements from leading, global scientific organizations and more than three fourth of consumers globally think non-GMO food products are either somewhat or a lot healthier. GMOs rank remains in the top list of food concerns among the global Shoppers. Therefore, the key players are also stepping forward to introduce organic products in order to fulfil the growing demand. In addition, rise in spending on organic products & and increase in disposable income, especially in the developing countries, including China, India, Brazil, and Mexico are expected to propel the growth of the organic products market, which will propel the market growth of vegan low fat sausages in the process.
However, there is a variety of low-fat meat substitutes available in the market. Leading players in the food and snack industry offer a variety of meat-based, low-fat meal, and snack products. Lean meat has gained prominence among consumers, owing to increase in health and fitness consciousness. J. B. S. S. A. is amongst the leading players in the meat processing industry, offering a wide variety of innovative, low-fat beef, pork, lamb, and other meat products. The industry would continue to witness increase in number of low-fat food and snack products, prepared from meat, owing to rise in demand for health and fitness products among consumers. Therefore, availability of substitute is hampering the market growth.
These is a large consumer shift toward veganism as during vegunary’s challenge in 2020,500% of increase toward veganism was found as compared to 2014. As many as 6% of the U. S. population said that they are vegan which was just 1% in the year 2014. In addition, there were more than 500,000 participants who signed up for vegunary’s challenge in 2021 which was 25% more than the challenge of 2020. In 2020 there were 400,000 participants only. This shows consumer shift toward plant based products or vegan products are on rise and are expected to remain positive in the future. Therefore, the demand for vegan low fat sausage is anticipated to boost up in the future as people are trying to consume protein which is plant based instead of animal. In addition, non-vegetarian consumers are gradually cutting down the consumption of food such as beef, pork, poultry, and others, and are significantly accepting vegetarian lifestyle. This shift is observed due to consumers’ preference for healthy diet. As meat & meat products often contain harmful pesticides and chemicals, their high consumption can be risky. Thus, consumers are in search for other protein alternatives. Therefore, increase in awareness among consumers about the living condition of cattle in cattle farms has further changed preference of non-vegetarians to vegetarian food, which is propelling the market growth of vegan low fat sausages market.
The Low Fat Sausage market is segmented into type, end user, distribution channel, and region. On the basis of type, the market is categorized into Pork, Beef, Chicken, Plant-Based and others. On the basis of end user, the market is categorized into residential and commercial. On the basis of distribution channel, it is fragmented into supermarket/hypermarket, specialty stores, Convenience store, online sales channel and others. Region-wise, it is analyzed across North America (the U. S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, Turkey, South Africa, and rest of LAMEA).
According to the market players, the major obstacle attributed to the pandemic was the disruption of the supply chain. Furthermore, all the distribution channels were nearly shut down in the first quarter of the pandemic. However, online channels such as amazon and flipkart were delivering the products. The key players analyzed in the report are Atria Plc., Beyond Meat, Heck Food Ltd, Hormel Foods corp., JBS S. A., Johnsonville LLC., Nestlé S. A., Premium Brands Holding Corporation, Tyson, and WH Group Limited.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the low fat sausage market analysis from 2021 to 2031 to identify the prevailing low fat sausage market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the low fat sausage market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global low fat sausage market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Pork
- Beef
- Chicken
- Plant based
- Others
By End User
- Residential
- Commercial
By Distribution Channel
- Hypermarkets and Supermarkets
- Specialty Stores
- Convenience Stores
- Online Sales Channels
- Others
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- U. K.
- France
- Italy
- Russia
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia And New Zealand
- South Korea
- Asean
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- United Arab Emirates
- South Africa
- Rest of LAMEA
Key Market Players
- Atria Plc.
- Beyond Meat
- Heck Food Ltd
- Hormel Foods corp.
- JBS S. A.
- Johnsonville LLC.
- Nestlé S. A.
- Premium Brands Holding Corporation
- Tyson
- WH Group Limited
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: LOW FAT SAUSAGE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Pork
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Beef
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Chicken
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Plant based
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Others
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
CHAPTER 5: LOW FAT SAUSAGE MARKET, BY END USER
5.1 Overview
5.1.1 Market size and forecast
5.2 Residential
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Commercial
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: LOW FAT SAUSAGE MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Hypermarkets and Supermarkets
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Specialty Stores
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Convenience Stores
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Online Sales Channels
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
CHAPTER 7: LOW FAT SAUSAGE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by End User
7.2.4 North America Market size and forecast, by Distribution Channel
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Market size and forecast, by Type
7.2.5.1.2 Market size and forecast, by End User
7.2.5.1.3 Market size and forecast, by Distribution Channel
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Type
7.2.5.2.2 Market size and forecast, by End User
7.2.5.2.3 Market size and forecast, by Distribution Channel
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Type
7.2.5.3.2 Market size and forecast, by End User
7.2.5.3.3 Market size and forecast, by Distribution Channel
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by End User
7.3.4 Europe Market size and forecast, by Distribution Channel
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Type
7.3.5.1.2 Market size and forecast, by End User
7.3.5.1.3 Market size and forecast, by Distribution Channel
7.3.5.2 U. K.
7.3.5.2.1 Market size and forecast, by Type
7.3.5.2.2 Market size and forecast, by End User
7.3.5.2.3 Market size and forecast, by Distribution Channel
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Type
7.3.5.3.2 Market size and forecast, by End User
7.3.5.3.3 Market size and forecast, by Distribution Channel
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Type
7.3.5.4.2 Market size and forecast, by End User
7.3.5.4.3 Market size and forecast, by Distribution Channel
7.3.5.5 Russia
7.3.5.5.1 Market size and forecast, by Type
7.3.5.5.2 Market size and forecast, by End User
7.3.5.5.3 Market size and forecast, by Distribution Channel
7.3.5.6 Spain
7.3.5.6.1 Market size and forecast, by Type
7.3.5.6.2 Market size and forecast, by End User
7.3.5.6.3 Market size and forecast, by Distribution Channel
7.3.5.7 Rest of Europe
7.3.5.7.1 Market size and forecast, by Type
7.3.5.7.2 Market size and forecast, by End User
7.3.5.7.3 Market size and forecast, by Distribution Channel
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by End User
7.4.4 Asia-Pacific Market size and forecast, by Distribution Channel
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Type
7.4.5.1.2 Market size and forecast, by End User
7.4.5.1.3 Market size and forecast, by Distribution Channel
7.4.5.2 India
7.4.5.2.1 Market size and forecast, by Type
7.4.5.2.2 Market size and forecast, by End User
7.4.5.2.3 Market size and forecast, by Distribution Channel
7.4.5.3 Japan
7.4.5.3.1 Market size and forecast, by Type
7.4.5.3.2 Market size and forecast, by End User
7.4.5.3.3 Market size and forecast, by Distribution Channel
7.4.5.4 Australia And New Zealand
7.4.5.4.1 Market size and forecast, by Type
7.4.5.4.2 Market size and forecast, by End User
7.4.5.4.3 Market size and forecast, by Distribution Channel
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Type
7.4.5.5.2 Market size and forecast, by End User
7.4.5.5.3 Market size and forecast, by Distribution Channel
7.4.5.6 Asean
7.4.5.6.1 Market size and forecast, by Type
7.4.5.6.2 Market size and forecast, by End User
7.4.5.6.3 Market size and forecast, by Distribution Channel
7.4.5.7 Rest of Asia-Pacific
7.4.5.7.1 Market size and forecast, by Type
7.4.5.7.2 Market size and forecast, by End User
7.4.5.7.3 Market size and forecast, by Distribution Channel
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by End User
7.5.4 LAMEA Market size and forecast, by Distribution Channel
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Type
7.5.5.1.2 Market size and forecast, by End User
7.5.5.1.3 Market size and forecast, by Distribution Channel
7.5.5.2 Argentina
7.5.5.2.1 Market size and forecast, by Type
7.5.5.2.2 Market size and forecast, by End User
7.5.5.2.3 Market size and forecast, by Distribution Channel
7.5.5.3 United Arab Emirates
7.5.5.3.1 Market size and forecast, by Type
7.5.5.3.2 Market size and forecast, by End User
7.5.5.3.3 Market size and forecast, by Distribution Channel
7.5.5.4 South Africa
7.5.5.4.1 Market size and forecast, by Type
7.5.5.4.2 Market size and forecast, by End User
7.5.5.4.3 Market size and forecast, by Distribution Channel
7.5.5.5 Rest of LAMEA
7.5.5.5.1 Market size and forecast, by Type
7.5.5.5.2 Market size and forecast, by End User
7.5.5.5.3 Market size and forecast, by Distribution Channel
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Atria Plc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Beyond Meat
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Heck Food Ltd
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Hormel Foods corp.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 JBS S. A.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Johnsonville LLC.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Nestlé S. A.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Premium Brands Holding Corporation
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Tyson
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 WH Group Limited
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Low Fat Sausage Market,' the Low Fat Sausage Market Size was valued at $2.5 billion in 2021, and is estimated to reach $4.8 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.The global food & beverage industry has witnessed robust growth in the last few years driven by innovation in food system, improved logistics, increase in affordability, development of global trade, and increase in consumer spending. Furthermore, the food & beverage industry has been evolving continuously according to consumer requirements. In addition, the demand for convenience and packaged food has increased multifold, owing to consumer preference toward low fat, ready-to-eat and cost-effective food. Furthermore, the expansion of the food processing industry is expected to boost the demand for fast food, which, in turn, is likely to positively impact the demand for meat and meat substitutes including sausages all around the world. Thus, all these factors collectively drive the growth of the global market.
Since two to three decades ago, customers have been drawn to the availability of meat and meat products such deli meat, processed meat, cold cut meat, and meat by-products. Meat products are evolving over time in response to consumer needs and Low Fat Sausage Market Demand. Consumers today demand meat products from producers to be of the highest quality. Manufacturing businesses are putting flavoured meat products on the market in response to consumer demand in an effort to draw customers. To bring out the greatest flavours in their meat mixtures, businesses use savoury herbs and spices. After eating, customers notice the distinctive flavour. Sales of sausages are anticipated to rise as a result of the market's introduction of flavoured and processed meat.
In addition, as the standard of living is improving in developing countries, the Low Fat Sausage Market Trends of food consumption is proportionately changing. Studies have found that with increase in disposable income, the consumption of processed food has increased, as processed food consumes less time in preparing, which is helpful for people with a busy lifestyle. Furthermore, growth in penetration of quick service restaurants, fast casual restaurants, and cloud kitchens in developing nations is fueling the demand for sausages and other meat products. McDonald’s, Burger King, KFC, Taco Bell, and Wendy’s are some of the examples of quick service restaurants. These food chains are expanding in developing regions, which is driving the demand for processed food worldwide. Therefore, with increase in consumption of fast food and processed food in developing countries, the demand for low-fat sausages is rising.
However, there are a variety of low-fat meat substitutes available in the market. Leading players in the food and snack industry offer a variety of meat-based, low-fat meal, and snack products. Lean meat has gained prominence among consumers, owing to increase in health and fitness consciousness. J.B.S. S.A. is among the leading players in the meat processing industry, offering a wide variety of innovative, low-fat beef, pork, lamb, and other meat products. The industry would continue to witness increase in number of low-fat food and snack products prepared from meat, owing to rise in demand for health and fitness products among consumers which is hampering the Low Fat Sausage Market Growth.
The use of blockchain technology in the animal meat industry is at nascent stage. The use of blockchain technology ensures transparency, traceability, efficiency, and sustainability in the animal meat industry. The awareness regarding the meat quality and traceability is growing in the meat industry and the use of blockchain technology can provide assurance related to meat quality and enhance traceability. In 2020, the JBS announced ‘Together for the Amazon’ program under which JBS will be increasingly use the blockchain technology to achieve sustainability and conserve the forest of Amazon.
The growing adoption of smartphones, growing penetration of internet, and growth of e-commerce platforms is boosting the growth of the processed meat market across the globe. Moreover, the growing penetration of online food delivery platforms such as Uber Eats, Swiggy, and Zomato is boosting the sales of meat products including sausages among the millennials.
The Low Fat Sausage market is segmented into type, end user, distribution channel, and region. On the basis of type, the Low Fat Sausage industry is categorized into Pork, Beef, Chicken, Plant-Based and others. On the basis of end user, the Low Fat Sausage Market Share is categorized into residential and commercial. On the basis of distribution channel, it is fragmented into supermarket/hypermarket, specialty stores, Convenience store, online sales channel and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, and rest of LAMEA).
According to the Low Fat Sausage Market players, the major obstacle attributed to the pandemic was the disruption of the supply chain. Furthermore, all the distribution channels were nearly shut down in the first quarter of the pandemic. However, online channels such as amazon and flipkart were delivering the products. The key players analyzed in the report are Atria Plc., Beyond Meat, Heck Food Ltd, Hormel Foods corp., JBS S.A., Johnsonville LLC., Nestlé S.A., Premium Brands Holding Corporation, Tyson, and WH Group Limited.
Key findings of the study
On the basis of type, chicken sausage dominated the global Low Fat Sausage Market in the year 2021 and is likely to remain dominant during the forecast period.On the basis of end users, the residential segment is likely to be the fastest-growing segment with a CAGR of 7.9% during the forecast period.
On the basis of the distribution channel, the online sales channel is likely to be the fastest-growing segment with a CAGR of 9.0% during the forecast period.
Region-wise, North America dominated the global Low Fat Sausage Market in the year 2021 and is likely to remain dominant during the forecast period.
Companies Mentioned
- Atria PLC.
- Beyond Meat
- Heck Food Ltd.
- Hormel Foods Corp.
- Jbs SA
- Johnsonville LLC.
- Nestlé SA
- Premium Brands Holding Corporation
- Tyson
- Wh Group Limited
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 331 |
| Published | October 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 2532.2 million |
| Forecasted Market Value ( USD | $ 4755.1 million |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
