The Frozen Food Production industry in China developed rapidly in the past decade. In the five years through 2017, industry revenue is expected to increase at an annualized 12.2% to $19.0 billion. This strong 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 in mid-range and high-end product segments and the development of new markets also contributed to this growth.As competition in the frozen food market intensifies, manufacturers are increasing investment in product innovation and production capability. There is a large market space for high-end frozen food...purchase to read more.

Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 12-17
12.2%
Forecast Growth 17-22
Profit
Employment
192,544
Businesses
867

Industry Report - Industry Key Buyers Chapter

In 2017, the four largest firms operating in this industry –Sanquan Foods, Synear Group, General Mills (China), and Haipawang Group – are expected to account for 9.0% of industry revenue, which indicates the industry has a low industry concentration level. The barriers to enter this industry are not high, which results in many small enterprises operating in this industry, especially in smaller cities. Some smaller enterprises have also been acquired by larger enterprises in recent years, or have exited the industry.However, faced with increasing competition in frozen food markets, enterprises are adopting price discounting and product differentiation strategies to increase sales volumes and market share. In ...purchase to read more.

Additional Insights for the Frozen Food Production Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Frozen Food Production Industry are

  • Access to niche markets
  • Access to key resources
  • Having a loyal customer base
  • IBISWorld analysts also discuss how external factors such as Household Disposable Income and Downstream Markets in the Frozen Food Production industry impact industry performance..

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    What's in this report

    What is the Frozen Food Production Industry?

    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.

    Industry Products
  • Frozen dumplings
  • Frozen glutinous sweet dumplings
  • Frozen glutinous rice dumplings
  • Industry Activities
  • Frozen steamed stuffed bun production
  • Frozen dumpling production
  • Frozen glutinous sweet dumpling production
  • Frozen steamed bun production
  • Frozen spring roll production
  • Frozen steamed twisted roll production
  • Frozen vegetable production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Household Disposable Income
  • Downstream Markets
  • RESOURCES
  • Domestic Support Policies
  • Service Prices

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Frozen Food Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Frozen Food Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets

  • Key Selling Industries
  • Freight Trucking
  • Storage & Warehousing

  • Products & Services
  • Frozen dumplings
  • Frozen glutinous sweet dumplings
  • Frozen glutinous rice dumplings
  • Other
  • Chart: Frozen Food Production Industry Products and Services Segmentation

  • Demand Determinants
  • Price
  • Disposable income
  • Product innovation
  • Fast pace of modern life

  • Major Markets
  • Supermarkets
  • Small food and drink retailers
  • Others
  • Chart: Major Market Segmentation for the Frozen Food Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Chart: Cost Structure Benchmarking – Sector vs Frozen Food Production

  • Basis of Competition
  • Brands
  • Prices
  • Building of distribution channels
  • Product innovation

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Frozen Food Production Industry

  • Industry Globalization
    Zhengzhou Sanquan Foods Co., Ltd., Synear Group, General Mills (China), Haipawang Group, Henan Furun Group,
  • Table: Zhengzhou Sanquan Foods Co., Ltd. - financial performance
  • Table: Synear Group - financial performance
  • Table: General Mills (China) - financial performance
  • Table: Haipawang Group - financial performance
  • Table: Henan Furun Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Frozen Food Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Frozen Food Production Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Doubao
  • Steamed buns stuffed with sweet bean paste.
  • Dumpling
  • A small savory ball of dough that may be boiled, fried, or baked.
  • Hazard Analysis Critical Control Point (Haccp)
  • A management system that addresses food safety through the analysis and control of hazards from raw material production, procurement and handling, to manufacturing, distribution and consumption.
  • Wontons
  • Chinese dumplings filled with spiced minced pork that are usually served in soup.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Frozen Food Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Frozen Food Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Frozen Food Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Frozen Food Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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