+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

China Frozen Food Market Report By End User, Product Type, Distribution Channel and Company Analysis 2024-2032

  • PDF Icon

    Report

  • 105 Pages
  • July 2024
  • Region: China
  • Renub Research
  • ID: 5546207

China Frozen Food Market Analysis

China Frozen Food Market will reach US$ 66.41 Billion by 2032, up from US$ 29.71 Billion in 2023, with a CAGR of 9.35% between 2024 and 2032.

China Frozen Food Outlooks

Food products that have been frozen at very low temperatures - generally below -18°C (zero°F) - are called frozen food. By stopping the formation of enzymes and microbes that cause food deterioration, this technique prolongs the food's shelf lifestyles. Frozen meals are regularly culmination, vegetables, meats, rooster, fish, and prepared-to-eat meals. In order to save you the manufacturing of massive ice crystals, which could modify texture and flavor, the freezing process entails unexpectedly lowering the temperature of the meal. By maintaining the meals's nutrients, taste, and texture intact till it's far thawed and eaten, this short freezing preserves the meals's high-quality.

Driving Forces for China Frozen Food

The Growing Demand for Convenient and Time-Saving Meals- The growing need for quick, smooth dinner alternatives amid hectic city lives is riding boom in China's frozen food enterprise. Fast dinner alternatives are wished, and frozen food have become increasingly more famous due to their smooth practise and high dietary content. The availability and quality of merchandise have expanded because of advancements in freezing generation and cold chain logistics, which has further fueled marketplace expansion. Additionally, to fulfill the changing tastes of purchasers, frozen meals options are getting extra innovative due to shifting dietary picks and an increasing appetite for a number of cuisines. Frozen meals' ease and range satisfy the wishes of modern Chinese consumers, accelerating the enterprise's increase.

Diverse product offerings-China's frozen food market is expanding due to a broad range of product choices that satisfy different consumer tastes and dietary requirements. A vast range of options, including ready-to-eat meals, snacks, fruits, vegetables, fish, and meat products, are being added by manufacturers to their product lines. This diversity attracts a wide range of customers, from health-conscious people searching for nourishing options to busy urban professionals looking for quick lunch solutions. Furthermore, introducing flavors and cuisines from around the world caters to the changing tastes of Chinese customers, who are becoming more adventurous with their culinary choices. In addition to increasing market penetration, this diversification encourages innovation in product development and packaging, raising consumer satisfaction levels overall and propelling the frozen food industry's sustained expansion in China.

E-commerce and Retail Expansion-The widespread use of e-commerce and the growth of physical store chains have greatly enhanced consumer accessibility and convenience, particularly in metropolitan regions. Online shopping makes it simple to browse and buy a vast selection of frozen food goods, many of which are delivered right to customers' homes. Retail chains are also growing their frozen food departments, providing a wide variety of alternatives ranging from local favorites to international cuisines. This growth not only satisfies consumer demand for quick meal options but also exposes customers to new goods and promotes trial purchases. Consequently, the rapid growth and evolution of the frozen food business in China is being driven by the expansion of e-commerce and retail.

Beijing Frozen Food Market

Beijing's frozen food sector is representative of more significant national trends in China, which are being fueled by urbanization, shifting lifestyles, and rising convenience-seeking customer demand. Particularly in Beijing, people's lives have become busier due to fast urban expansion, which has made people look for quick lunch options without sacrificing quality. To meet this need, an extensive range of frozen food options is available in supermarkets, hypermarkets, and online platforms.

Beijing's robust cold chain infrastructure supports the city's frozen food industry by ensuring that products maintain their quality and nutritional content throughout the manufacturing and consumption stages. In addition to both local and foreign favorites, the market offers a extensive array of products to satisfy the cosmopolitan tastes of Beijing's diverse population.

China Frozen Food Company Analysis

The top key players in China Frozen Food market are General Mills, Sanquan Food, Fujian Anjoy Foods Co Ltd, Meiji co ltd, Shandong Huifa Food co. ltd., Maruha Nichiro Group, Apex Frozen Foods Ltd and Conagra Brands, Inc.

China Frozen Food Company News

In May 2024, frozen shrimp dumplings bearing the marketing tag of being kid-friendly were introduced by Sanquan Foods and Zhengzhou Synear Food Co.

In November 2020, the debut of Beyond Meat's newest plant-based product, pork mince, in China was announced.

Product Type - Market breakup in 7 viewpoints:

1. Frozen Fish/Sea Food
2. Frozen Meat
3. Frozen Ready Meals
4. Frozen Potato Products
5. Frozen Bakery Products
6. Frozen Pizza
7. Others

End User - Market breakup in 2 viewpoints:

1. Food Service Industry
2. Retail Users

Distribution Channel - Market breakup in 2 viewpoints:

1. Offline
2. Online

All the key players have been covered from 3 Viewpoints:

  • Business Overview
  • Recent Development
  • Revenue Analysis

Key Players Analysis:

1. General Mills
2. Sanquan Food
3. Fujian Anjoy Foods Co Ltd
4. Meiji co ltd
5. Shandong Huifa Food co. ltd.
6. Maruha Nichiro Group
7. Apex Frozen Foods Ltd
8. Conagra Brands, Inc.

Table of Contents

1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. China Frozen Food Market
6. China Frozen Food Market -Share Analysis
6.1 By Product Type
6.2 By End User
6.3 By Distribution Channel
7. Product Type
7.1 Frozen Fish/Sea Food
7.2 Frozen Meat
7.3 Frozen Ready Meals
7.4 Frozen Potato Products
7.5 Frozen Bakery Products
7.6 Frozen Pizza
7.7 Others
8. End User
8.1 Food Service Industry
8.2 Retail Users
9. Distribution Channel
9.1 Offline
9.2 Online
10. China Frozen Food Market - Supply Chain Management
11. Porter’s Five Forces Analysis
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
13.1 General Mills
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Revenue Analysis
13.2 Sanquan Food
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Revenue Analysis
13.3 Fujian Anjoy Foods Co Ltd
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Revenue Analysis
13.4 Meiji co ltd
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Revenue Analysis
13.5 Shandong Huifa Food co. ltd.
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Revenue Analysis
13.6 Maruha Nichiro Group
13.6.1 Overview
13.6.2 Recent Development
13.6.3 Revenue Analysis
13.7 Apex Frozen Foods Ltd
13.7.1 Overview
13.7.2 Recent Development
13.7.3 Revenue Analysis
13.8 Conagra Brands, Inc.
13.8.1 Overview
13.8.2 Recent Development
13.8.3 Revenue Analysis

Companies Mentioned

  • General Mills
  • Sanquan Food
  • Fujian Anjoy Foods Co Ltd
  • Meiji co ltd
  • Shandong Huifa Food co. ltd.
  • Maruha Nichiro Group
  • Apex Frozen Foods Ltd
  • Conagra Brands, Inc.

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...

Table Information