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Frozen Dumpling Market: Trends, Opportunities and Competitive Analysis (2023-2028)

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    Report

  • 150 Pages
  • August 2023
  • Region: Global
  • Lucintel
  • ID: 5853189
The global frozen dumpling market is expected to reach an estimated $9.5 billion by 2028 with a CAGR of 8.9% from 2023 to 2028.

The future of the global frozen dumpling market looks promising with opportunities in the household consumption and food service industry applications. The major drivers for this market are expanding preference for Asian cuisine, rising demand for healthy frozen dumplings, and increasing adoption of ready-to-eat meals across the globe.

Frozen Dumpling Market by Segment

The study includes trends and forecast for the global frozen dumpling market by product type, distribution channel, application, and region, as follows:

Frozen Dumpling Market by Product Type [Shipment Analysis by Value from 2017 to 2028]:

  • Vegetable Dumplings
  • Meat Dumplings

Frozen Dumpling Market by Distribution Channel [Shipment Analysis by Value from 2017 to 2028]:

  • Retail Stores
  • Restaurant and Hotels
  • Supermarkets
  • Others

Frozen Dumpling Market by Application [Shipment Analysis by Value from 2017 to 2028]:

  • Household Consumption
  • Food Service Industry

Frozen Dumpling Market by Region [Shipment Analysis by Value from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Frozen Dumpling Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, frozen dumpling companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the frozen dumpling companies profiled in this report include:
  • Hakka Pty
  • Yutaka
  • Synear
  • Wei Chuan Foods
  • Day-Lee Foods
  • Way Fong
  • CP-Food Global

Frozen Dumpling Market Insights

  • It is forecast that meat dumpling is expected to witness higher growth over the forecast period due to the significant demand for quick frozen chicken dumplings as a source of protein and nutrients needed for daily life's necessities.
  • It is predicted that restaurants & hotels will remain the largest distribution channel segment over the forecast period, driven by growing demand for quality food served in restaurants and increasing customer purchasing power for premium and ready-to-eat food.
  • APAC will remain the largest region due to the massive exports of frozen dumplings from China and the presence key manufacturing hubs in the region.

Features of the Frozen Dumpling Market

  • Market Size Estimates: Frozen dumpling market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Frozen dumpling market size by various segments, such as by product type, distribution channel, application, and region
  • Regional Analysis: Frozen dumpling market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different product types, distribution channels, applications, and regions for the frozen dumpling market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the frozen dumpling market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQs

Q1. What is the frozen dumpling market size?
Answer: The global frozen dumpling market is expected to reach an estimated $9.5 billion by 2028.

Q2. What is the growth forecast for frozen dumpling market?
Answer: The global frozen dumpling market is expected to grow with a CAGR of 8.9% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the frozen dumpling market?
Answer: The major drivers for this market are expanding preference for Asian cuisine, rising demand for healthy frozen dumplings, and increasing adoption of ready-to-eat meals across the globe.

Q4. What are the major segments for frozen dumpling market?
Answer: The future of the frozen dumpling market looks promising with opportunities in the household consumption and food service industry applications.

Q5. Who are the key frozen dumpling companies?
Answer: Some of the key frozen dumpling companies are as follows:
  • Hakka Pty
  • Yutaka
  • Synear
  • Wei Chuan Foods
  • Day-Lee Foods
  • Way Fong
  • CP-Food Global
Q6. Which frozen dumpling segment will be the largest in future?
Answer: It is forecast that meat dumpling segment is expected to witness a higher growth over the forecast period due to the significant demand for quick frozen chicken dumplings as a source of protein and nutrients needed for daily life's necessities.

Q7. In frozen dumpling market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the massive exports of frozen dumplings from China and presence key manufacturing hubs in the region.

Q8. Do we receive customization in this report?
Answer: Yes, 10% customization is provided without any additional cost.

This report answers following 11 key questions:

Q1. What are some of the most promising, high-growth opportunities for the global frozen dumpling market by product type (vegetable dumplings and meat dumplings), distribution channel (retail stores, restaurant and hotels, supermarkets, and others), application (household consumption and food service industry),and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last five years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Frozen Dumpling Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Frozen Dumpling Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Frozen Dumpling Market by Product Type
3.3.1: Vegetable Dumplings
3.3.2: Meat Dumplings
3.4: Global Frozen Dumpling Market by Distribution Channel
3.4.1: Retail Stores
3.4.2: Restaurant and Hotels
3.4.3: Supermarkets
3.4.4: Others
3.5: Global Frozen Dumpling Market by Application
3.5.1: Household Consumption
3.5.2: Food Service Industry
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Frozen Dumpling Market by Region
4.2: North American Frozen Dumpling Market
4.2.1: North American Frozen Dumpling Market by Product Type: Vegetable Dumplings and Meat Dumplings
4.2.2: North American Frozen Dumpling Market by Distribution Channel: Retail Stores, Restaurant and Hotels, Supermarkets, and Others
4.3: European Frozen Dumpling Market
4.3.1: European Frozen Dumpling Market by Product Type: Vegetable Dumplings and Meat Dumplings
4.3.2: European Frozen Dumpling Market by Distribution Channel: Retail Stores, Restaurant and Hotels, Supermarkets, and Others
4.4: APAC Frozen Dumpling Market
4.4.1: APAC Frozen Dumpling Market by Product Type: Vegetable Dumplings and Meat Dumplings
4.4.2: APAC Frozen Dumpling Market by Distribution Channel: Retail Stores, Restaurant and Hotels, Supermarkets, and Others
4.5: RoW Frozen Dumpling Market
4.5.1: RoW Frozen Dumpling Market by Product Type: Vegetable Dumplings and Meat Dumplings
4.5.2: RoW Frozen Dumpling Market by Distribution Channel: Retail Stores, Restaurant and Hotels, Supermarkets, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Frozen Dumpling Market by Product Type
6.1.2: Growth Opportunities for the Global Frozen Dumpling Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Frozen Dumpling Market by Application
6.1.4: Growth Opportunities for the Global Frozen Dumpling Market by Region
6.2: Emerging Trends in the Global Frozen Dumpling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Frozen Dumpling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Frozen Dumpling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Hakka Pty
7.2: Yutaka
7.3: Synear
7.4: Wei Chuan Foods
7.5: Day-Lee Foods
7.6: Way Fong
7.7: CP-Food Global

Companies Mentioned

  • Hakka Pty
  • Yutaka
  • Synear
  • Wei Chuan Foods
  • Day-Lee Foods
  • Way Fong
  • CP-Food Global

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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