According to a market report by Lucintel, the future of the frozen dumpling market looks promising with opportunities in the household consumption and food service industry applications. 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 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.
In this market, vegetable and meat are the two types of frozen dumplings used by various end use industries. Lucintel forecasts 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.
Within this market, retail stores, restaurants & hotels, and supermarkets are the major distribution channel segments. Lucintel predicts that restaurants & hotels will remain the largest distribution channel segment over the forecast period is growing demand for quality foods 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 presence key manufacturing hubs in the region.
Hakka Pty, Yutaka, Synear, Wei Chuan Foods, Day-Lee Foods, Way Fong, and CP-Food Globalare the major suppliers in the global frozen dumpling market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global frozen dumpling market by product type, distribution channel, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Frozen Dumpling Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. 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
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. 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)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. 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?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?