Authored By: Sarah
16 Oct 2024

several dumpling varieties is driving the Dumplings Market

Latest News:- Dumplings Market: Offline is expected to lead the Distribution Channel segment during 2024-2028

Technavio analyzes that the Dumplings Market is expected to grow at a CAGR of 7.3% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 4718.8 million.There are various factors that contribute to the growth of the market.ai_driver_list1

The offline distribution channel, comprising hypermarkets, supermarkets, specialty stores, departmental stores, and other retailers, held a substantial market share in the global dumplings market in 2023. Supermarkets and hypermarkets have been expanding their offerings, stocking an increasing number of tea brands and dedicating more shelf space to frozen foods like dumplings. The convenience, swift availability, and consumer-friendly initiatives such as exchange offers, have propelled buyers towards offline stores. The heightened visibility of dumplings on these shelves will boost product awareness and generate impulse purchases, thereby fueling the expansion of the offline segment in the dumplings market. Furthermore, the incorporation of value-added elements, sensory ingredients, organic ingredients, and nutraceuticals in dumplings has added to their appeal, further bolstering the offline segment's growth during the forecast period. 

Know which region is leading the market growth by requesting a sample report

Dumplings Market Segmentation

  • Distribution Channel
    • Offline
    • Online
  • Type
    • Non-vegetarian filling
    • Vegetarian filling
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • Middle East and Africa

Top Performing Companies

As per our research findings, here are some of the key competitors that are leading the industry

  • Ajinomoto Co. Inc.
  • Campbell Soup Co.
  • Charoen Pokphand Foods PCL
  • CJ CheilJedang Corp.
  • Din Tai Fung
  • Famous Gyoza Co. Ltd.
  • General Mills Inc.
  • Gubok Dumplings
  • Hakka PTY Ltd.
  • Humpty Dumplings
  • Impossible Foods Inc.
  • J and J Snack Foods Corp.
  • Nestle SA
  • NH Foods Ltd.
  • OHSHO FOOD SERVICE Corporation
  • Qing Xiang Yuan Dumplings
  • Seawaves Frozen Food Pte Ltd
  • Synear Food Co. Ltd
  • The Dumpling Company
  • Wei-Chuan USA Inc.

Find out what is trending in the market by accessing the free PDF report

Research Analysis Overview

The Dumplings Market is witnessing a health-focused shift, prioritizing healthy and nutritious options. Specialty food ingredients, such as natural sweeteners, acidulants, and preservatives, are being used to create quality, value-added products. Production challenges include ensuring the technical benefits of functional ingredients like enzymes and emulsifiers in processed foods. The market caters to various dietary needs, including vegan, gluten-free, and bakery/confectionery products. Nutraceuticals and commodity food ingredients are also part of the market landscape, with price volatility a significant factor. Sensory ingredients contribute to the dumplings' unique taste and texture.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase product longevity. According to Technavio, the market's size is determined by the consolidated revenue generated by these vendors, excluding those producing food processing equipment or packaged alcoholic and non-alcoholic beverages. Factors fueling market expansion include the health benefits linked to the consumption of minimally processed foods. Rich in essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C, these foods cater to the growing health-conscious consumer base. Furthermore, the shift towards functional and technical benefits in food products, driven by the increasing demand for specialty food ingredients, is also expected to boost market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Reasons to Consider Purchasing Technavio Market Research Report

  • Current Market Insights: Our reports offer valuable information on the latest market intelligence, competitor strategies, trends, industry changes, customer preferences, and forecasted market opportunities to aid in informed business decisions.

  • Extensive Experience: With over 20 years in market research, Technavio is a trusted name, having published more than 21,000 reports across various industries and regions.

  • High ROI Through In-Depth Research: Technavio specializes in tailored market research reports to meet specific business needs, exploring particular markets, product segments, and demographics. We are also recognized for delivering significant returns on investment through our comprehensive data collection at affordable prices.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio