DUBLIN, April 19, 2022 / PRNewswire / – Den “China market for frozen foods, size, forecast 2022-2027, industrial trends, growth, impact of COVID-19, Analysis of opportunities for companies” report has been added ResearchAndMarkets.com’s offer.
China the market for frozen foods is expected to reach $ 52.1 billion in 2027. In recent years, a broader demographic has drifted towards frozen foods China. Chinese consumers, especially white-collar workers, often prefer its convenience and differentiation. As the pace of life becomes more instantaneous Chinathe frozen food industry in China keeps growing.
In addition, the rapid development of the refrigeration chain is helping to expand the radiation range of several frozen foods. In addition, the development of the cold chain promotes frozen food companies to improve the quality and taste of their products in the frozen food market. Therefore, we expect the Chinese refrigeration chain to expand and continue to expand during 2021-2027.
Product type: Frozen fish / shellfish have lion share
China is famous for delicacies, with various local dishes made for frozen food, such as frozen seafood, meat, ready meals, potato products, bakery products, pizza and others. According to the analysis, the product scale of the product, as previously mentioned, will grow steadily in the coming years. The increased consumer consumption of refrigerated foods is expected to expand the Chinese frozen food market in the near future. On top of that, frozen seafood has the brunt of the Chinese frozen food industry, where consumers’ increasing choice of frozen seafood is just as nutritious as fresh. In addition, frozen seafood can be preserved longer than fresh ingredients that succumb to vitamins and minerals over time.
China’s frozen food market will expand with a CAGR of 11.9% during 2021-2027
The frost industry occupies a significant position in the food market in China. Today, Millennials have a dynamic lifestyle with less time available for cooking. Therefore, the convenience of frozen foods is one of the critical factors considered to continue to drive the growth of the frozen food industry during the forecast period. Most Chinese families also use refrigerators, which enable them to keep up with the pace of modern life. Therefore, frozen food will naturally get on Chinese shopping lists. In the future, product innovation and logistics infrastructure are expected to further strengthen the sector.
Among consumers, frozen foods have grown in popularity
Of consumers, the report has covered the household and catering service industry among the best users of frozen foods, including the goal of frozen foods to help the cooking process and extend shelf life. In addition, frozen foods are growing in popularity as consumers are concerned about the spoilage of fresh foods. Nevertheless, frozen foods are considered an absolutely necessary part of the meals prepared and served in housekeeping and catering services. Additionally, the overall distribution channel development that exists in the frozen food industry in China easily increases market expansion.
The online distribution channel to gain huge market share
By distribution channel, we have covered offline and online distribution channels. Today, Chinese consumers are increasingly shopping through offline and online distribution channels. The offline channel accounts for a significant share throughout. The availability of infrastructures such as freeze- and temperature-controlled stores makes offline distribution channels a dominant distribution channel for frozen products in China. But with the growing proliferation of internet and smartphone use, the online distribution channel is gaining ground as one of the most important platforms for showcasing and selling frozen foods. According to the analysis, the online distribution channel is estimated to gain a significant market share during 2021-2027.
The report provides a detailed analysis of China’s frozen food industry.
Product type – Market has been examined from 7 points of view:
- Frozen seafood
- Frozen meat
- Frozen ready meals
- Frozen potato products
- Frozen bakery products
- Frozen pizza
Consumer – Market has been examined from 3 points of view:
- Catering Service Industry
Distribution – The market has been examined from 2 points of view:
- Recent developments
- Sanquan mad
- Fujian Anjoy Foods Co. Ltd
- Meiji Co. Ltd
- Maruha Nichiro Group
- General Mills
- Shandong Huifa Food co. ltd.
- Apex Frozen Foods Ltd
For more information on this report visit https://www.researchandmarkets.com/r/y4zy7y
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