Frozen Dumplings Market Growth 2019-2024
This market study focuses on Frozen Dumpling. It is a type of traditional Chinese food, they are one of the major foods eaten during the Chinese New Year and year-round in China’s northern provinces. Though considered part of Chinese cuisine, Dumplings are popular in other parts of Asia and in Western countries. It is also called ‘Jiaozi’ in Northern Part of China; ‘Gaau ji’, ‘Wor tip’ and ‘Guotie’ in many southern provinces of China; ‘Peking ravioli’ in Boston and ‘potstickers’ in other states in USA and in many other western countries; ‘Gyza’ in Japan; they are also known as ‘momo’ in Nepal. It typically consists of ground meat and/or vegetable filling wrapped into a thinly rolled piece of dough, which is then sealed by pressing the edges together. Finished jiaozi can be boiled, steamed, or pan-fried.
China ranks the top in terms of Production volume of Frozen Dumpling worldwide, it consists of 46.12% of the global market in 2017. Korea comes the second, with 21.83% of the global market. Japan consists of 3.64% of the market in the same year, while Tai wan occupies 3.84% of the market. Other regions including USA, UK, Australia, Europe, Middle East and Africa occupy 23.47% of the global Frozen Dumpling market in the same year.
The Frozen Dumpling market concentration is not very high. CJ, with a market share of 25.25% in 2017 in terms of revenue; CPF, occupies 12.84% of the global frozen Dumpling market in the same year; Wan Chai Ferry occupies 9.68% of the market share in 2017, Chinese company San Quan Food, with a market share of 12.84%, ranked the fourth in terms of revenue in the same year; Other smaller companies which are not included in the report consist of 36.18% together in 2017.
According to this study, over the next five years the Frozen Dumplings market will register a 7.9% CAGR in terms of revenue, the global market size will reach US$ 3660 million by 2024, from US$ 2320 million in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Frozen Dumplings market by product type, application, key manufacturers and key regions and countries.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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This study considers the Frozen Dumplings value and volume generated from the sales of the following segments:
Segmentation by product type:
- Vegetable Dumplings
- Meat Dumplings
Segmentation by application:
- Retail stores
- Restaurant and Hotels
- Supermarkets
- Others
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
- CJ
- General Mill
- Sanquan Food
- Ajinomoto Windsor
- Hakka
- Day-Lee Foods, Inc.
- Synear
- Wei Chuan
- CPF
- Way Fong
- Yutaka
- InnovAsian Cuisine
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Frozen Dumplings consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Frozen Dumplings market by identifying its various subsegments.
- Focuses on the key global Frozen Dumplings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Frozen Dumplings with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Frozen Dumplings submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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