China Frozen Food Market Size and Forecast by Type (Frozen Ready Meals, Frozen Pizza, Frozen Fish/Seafood, Frozen Meat, Frozen Potato Products, Frozen Bakery Products), by Distribution Channel (Online, Offline) and Trend Analysis, 2014-2024

  • ID: 4576011
  • Report
  • Region: China
  • 55 pages
  • Hexa Research
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FEATURED COMPANIES

  • Best food China Ltd
  • Longfeng
  • Sanquan Food Co. Ltd
  • Shouguang Hotitol Co. Ltd
  • Sinian Co. Ltd
  • MORE
China Frozen Food market is expected to be valued at USD 26,492.8 Million by 2024, driven by an increase in the demand of frozen food. Savvy and sophisticated consumers are extremely conscious while making food purchases and are ready to pay premium prices for these products that are made with ethical and good farming practice. This trend is expected to flourish the market of frozen food products in China over the coming years.

Growing urbanization coupled with rising disposable income is expected to be a key driver for the rise in purchasing power of frozen food products by local Chinese people. The market in China is on the edge of further expansion owing to the rapid expansion of food outlets along with reduced tariff barriers on frozen food imports by the government. However, highly priced frozen food products from multinational brands are expected to hamper the overall growth in China but sophisticated health-conscious adults as well as teenagers are ready to pay premium prices for the quality provided.

Among type segment, Non-vegetarian frozen products account for maximum market revenue share owing to the growing preference and influence of western foodservice. This trend of expanding western restaurant and dishes is expected to rise the demand for imported seafood such as sushi, platters, lobsters, and oysters. Frozen seafood accounted for the maximum market revenue share of about more than one-fourth in the year 2016 owing to China is the third largest market for fish imports and clearly the vital producer in both fishing and in aquaculture. However, frozen potato products are expected to be the fastest growing segment owing to ease of consumption and cooking, followed by frozen meat and frozen ready meals.

Though the leading four to five companies account for majority of market revenue share in the market, the competition is intense owing to the presence of numerous local as well as multinational brands. The industry is labour intensive in nature owing to shortage of large-scale investment, however, giant players are shifting towards advanced production equipment to increase the production volume and to minimize the production cost.

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FEATURED COMPANIES

  • Best food China Ltd
  • Longfeng
  • Sanquan Food Co. Ltd
  • Shouguang Hotitol Co. Ltd
  • Sinian Co. Ltd
  • MORE
Chapter 1. Market Summary
1.1. Market trends & movement

Chapter 2. China Frozen Food Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.2.1. Market drivers
2.2.2. Market Restraints
2.3. Porter's Five Forces analysis
2.4. Value chain analysis

Chapter 3. China Frozen Food Market, By Food Type
3.1. China Frozen Food movement, by food-type, 2016 & 2024
3.1.1. Frozen ready meals
3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.2. Frozen Pizza
3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.3. Frozen fish/seafood
3.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.4. Frozen Meat
3.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.5. Frozen potato products
3.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.6. Frozen bakery products
3.1.6.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.7. Others
3.1.7.1. Market estimates and forecast, 2014 - 2024 (USD Million)

Chapter 4. China Frozen Food Market, By Distribution Channel
4.1. China Frozen Food movement, by Distribution Channel, 2016
4.1.1. Online
4.1.2. Offline

Chapter 5. Competitive Landscape
5.1. Competitive landscape analysis, 2014
5.2. Company Market Share (%)
5.3. Strategic framework
5.4. Company profiles
5.4.1. Sanquan Food Co. Ltd
5.4.1.1. Company Overview
5.4.1.2. Product Benchmarking
5.4.1.3. Financial Performance
5.4.1.4. Recent Initiatives
5.4.2. Sinian Co. Ltd
5.4.2.1. Company Overview
5.4.2.2. Product Benchmarking
5.4.2.3. Financial Performance
5.4.2.4. Recent Initiatives
5.4.3. Longfeng
5.4.3.1. Company Overview
5.4.3.2. Product Benchmarking
5.4.3.3. Financial Performance
5.4.3.4. Recent Initiatives
5.4.4. Best food China Ltd
5.4.4.1. Company Overview
5.4.4.2. Product Benchmarking
5.4.4.3. Financial Performance
5.4.4.4. Recent Initiatives
5.4.5. Shouguang Hotitol Co. Ltd.
5.4.5.1. Company Overview
5.4.5.2. Product Benchmarking
5.4.5.3. Financial Performance
5.4.5.4. Recent Initiatives

List of Tables
1. Market driver analysis
2. Market restraint analysis
3. China frozen food market, 2014-2024 (USD Million)
4. China frozen food market, by food type, 2014-2024 (USD Million)

List of Figures
1. Market segmentation
2. Porters five forces analysis
3. Value chain analysis
4. China frozen food market, by food type, 2016 - 2024 (USD Million)
5. China frozen food market, by frozen ready meals, 2014-2024 (USD Million)
6. China frozen food market, by frozen pizza, 2014-2024 (USD Million)
7. China frozen food market, by frozen fish/seafood, 2014-2024 (USD Million)
8. China frozen food market, by frozen meat, 2014-2024 (USD Million)
9. China frozen food market, by frozen potato products, 2014-2024 (USD Million)
10. China frozen food market, by frozen bakery products, 2014-2024 (USD Million)
11. China frozen food market, by other frozen products, 2014-2024 (USD Million)
12. China frozen food market movement, by distribution channel, 2016 (USD Million)
Note: Product cover images may vary from those shown
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  • Sanquan Food Co. Ltd
  • Sinian Co. Ltd
  • Longfeng
  • Best food China Ltd
  • Shouguang Hotitol Co. Ltd
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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