Frozen Food Production in China - Industry Market Research Report
Description
Frozen Food Production in China
The Frozen Food Production industry in China developed rapidly in the past decade. Over the five years through 2023, industry revenue is expected to increase an annualized 7.2% to $27.1 billion, including an 6.5% increase in the current year. This growth is mainly due to higher disposable incomes, higher product prices and changing consumption trends caused by the faster pace of modern life. A wider variety of frozen foods, product quality improvements, high growth of mid- and high-end product segments and the development of new markets has also contributed to this growth. Profit margins reached 6.8% of industry revenue in 2023.
Companies in the industry manufacture food that can be transported, stored and sold frozen. Using rice, flour and grains as the main raw ingredients and auxiliary products such as meat and vegetables, operators in this industry manufacture various cooked and uncooked foods. These foods are then immediately frozen and packaged. Frozen seafood and frozen dairy products are excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Frozen Food Production industry in China developed rapidly in the past decade. Over the five years through 2023, industry revenue is expected to increase an annualized 7.2% to $27.1 billion, including an 6.5% increase in the current year. This growth is mainly due to higher disposable incomes, higher product prices and changing consumption trends caused by the faster pace of modern life. A wider variety of frozen foods, product quality improvements, high growth of mid- and high-end product segments and the development of new markets has also contributed to this growth. Profit margins reached 6.8% of industry revenue in 2023.
Companies in the industry manufacture food that can be transported, stored and sold frozen. Using rice, flour and grains as the main raw ingredients and auxiliary products such as meat and vegetables, operators in this industry manufacture various cooked and uncooked foods. These foods are then immediately frozen and packaged. Frozen seafood and frozen dairy products are excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
32 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
