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China Frozen Food Market

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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.
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China Frozen Food Market Size, Share, Analysis, Growth, Trends,
Outlook and Forecasts to 2024 | Hexa Research
“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.”
16 January 2019 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.
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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.
Hexa Research has segmented the China frozen food market report based on type and distribution channel:
Segmentation, by Type
• Frozen ready meals
• Frozen Pizza
• Frozen fish/seafood
• Frozen Meat
• Frozen potato products
• Frozen bakery products
• Others
Segmentation, by Distribution Channel
• Online
• Offline
Key players analyzed:
• Sanquan Food Co. Ltd
• Sinian Co. Ltd
• Longfeng
• Bestfood China Ltd
• Shouguang Hotitol Co., Ltd.
• Four Season Foods Co., Ltd
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Table of Content of China Frozen Food Market
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
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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
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research
and consulting services to a host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives.
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