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Dumplings Market by Filling and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 110
  • SKU: IRTNTR44901
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The dumplings market share is expected to increase by USD 4.01 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 7.32%.

This dumplings market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers dumplings market segmentations by filling (non-vegetarian filling and vegetarian filling) and geography (APAC, Europe, North America, South America, and MEA). The dumplings market report also offers information on several market vendors, including Ajinomoto Co. Inc., Charoen Pokphand Foods Plc, CJ CheilJedang Corp., General Mills Inc., Hakka PTY Ltd., InnovAsian Cuisine Enterprises Inc., NH Foods Ltd., Sanquan Food Co. Ltd., Wayfong LLC, and Wei-Chuan USA Inc. among others.

What will the Dumplings Market Size be During the Forecast Period?

Dumplings Market Size

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Dumplings Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The several dumpling varieties is notably driving the dumplings market growth, although factors such as product recalls may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dumplings market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Dumplings Market Driver

The several dumpling varieties is a major factor driving the global dumplings market share growth. Dumplings are prepared all over the world in different forms. Almost every region has their own version of dumplings in different shapes, sizes, flavors, and fillings. They are consumed as appetizers and in the main course. In Asia, dumplings are commonly prepared in countries such as China, Japan, India, Indonesia, the Philippines, and South Korea. In China, dumplings were introduced eons ago. These product varieties are available in different flavors and fillings that have varying nutritional value. In North America, tortilla dumplings, chicken dumplings, strawberry dumplings, ham dumplings, and others are available. In Europe, dumplings like Gnocchi, Kartoffelknoedel, Khinkali, Ravioli, Pitepalts, and others are very popular. In addition, some varieties of dumplings are available in different flavors. Gujia, Tangyuan, Dango, Yomari are some of the sweet dumplings. These products are easily available across most retail channels. Due to such varieties, the demand for the market will continue to grow during the forecast period.

Key Dumplings Market Trend

The rising claims of no-preservatives or additives is another factor supporting the global dumplings market share growth. With the advent of the rise in urbanization, consumers are increasingly opting for convenience foods and fast foods. Thus, products like ready meals have become very popular among consumers. However, along with taste and ease, consumers also look for health factors while making their purchase decisions. They take a greater interest in products that bear a clean label, such as additive-free, no preservation, natural, and others, especially in packaged foods. Thus, "no additive or preservatives" is the growing product claim in the global dumplings market. The presence of food preservatives and additives in dumplings, such as boric acid, a coloring agent, and others, impedes market growth. Thus, manufacturers are taking a greater interest in the labeling and planning to introduce products with claims like "natural," "no preservatives or additives," and others. Essentially, these factors will drive the growth of the market.

Key Dumplings Market Challenge

The rising product recalls will be a major challenge for the global dumplings market share growth during the forecast period. There are frequent product recalls in the food and beverage industry due to the improper handling of raw materials or supplies, as it can affect the safety and quality of finished products. Food regulatory and compliance authorities in any country have the right to shut down a business and recall its products from the market if these products pose a threat to the well-being of consumers. Product recalls severely impact the brand image as well as the operations and sales of a company. Consumers are very conscious about the brand image of products that they purchase, as any negligence will affect their health and well-being. For instance, in February 2019, several pork meat-based dumpling products of China s Sanquan Food Co. Ltd. (Sanquan Food) were tested positive for the African Swine virus, post which the company announced the recall of its several products. Product recalls can lead to significant financial setbacks for vendors and impact their brand images. Therefore, product recalls can limit the growth of the market during the forecast period.

This dumplings market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global dumplings market as part of the packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the dumplings market during the forecast period.

Who are the Major Dumplings Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Ajinomoto Co. Inc.
  • Charoen Pokphand Foods Plc
  • CJ CheilJedang Corp.
  • General Mills Inc.
  • Hakka PTY Ltd.
  • InnovAsian Cuisine Enterprises Inc.
  • NH Foods Ltd.
  • Sanquan Food Co. Ltd.
  • Wayfong LLC
  • Wei-Chuan USA Inc.

 

This statistical study of the dumplings market encompasses successful business strategies deployed by the key vendors. The dumplings market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Ajinomoto Co. Inc.- The company offers different variety of Gyoza dumplings like duck gyoza, apple gyoza, chicken and vegetable gyoza and many more.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The dumplings market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Dumplings Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the dumplings market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of packaged foods and meats market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Dumplings Market?

Dumplings Market Market segmentation by region

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53% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for dumplings market in APAC. Market growth in this region will be faster than the growth of the market in all other regions.

Rising urbanization, changing lifestyles, and increasing demand for convenience foods will facilitate the dumplings market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

 

What are the Revenue-generating Filling Segments in the Dumplings Market?

Dumplings Market Segmentation

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The dumplings market share growth by the non-vegetarian filling segment will be significant during the forecast period. The dumplings market share growth by the non-vegetarian filling segment will be significant during the forecast period. Meat is the most common stuffing used in dumplings. The most popular meat fillings are pork, chicken, seafood, beef, and lamb. The demand for pork dumplings is the highest in China, but pork dumplings are also consumed in many countries. Chicken is another popular choice for dumpling filling. The rise in demand for dumplings with the non-vegetarian filling will positively impact the segment growth during 2021-2025. This report provides an accurate prediction of the contribution of all the segments to the growth of the dumplings market size.

This report provides an accurate prediction of the contribution of all the segments to the growth of the dumplings market size and actionable market insights on post COVID-19 impact on each segment.

 

Dumplings Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7.32%

Market growth 2021-2025

$ 4.01 billion

Market structure

Fragmented

YoY growth (%)

5.65

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 53%

Key consumer countries

China, Russian Federation, US, Japan, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Ajinomoto Co. Inc., Charoen Pokphand Foods Plc, CJ CheilJedang Corp., General Mills Inc., Hakka PTY Ltd., InnovAsian Cuisine Enterprises Inc., NH Foods Ltd., Sanquan Food Co. Ltd., Wayfong LLC, and Wei-Chuan USA Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Dumplings Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive dumplings market growth during the next five years
  • Precise estimation of the dumplings market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the dumplings market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of dumplings market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis- Packaged foods and meats

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Filling

    • 5.1 Market segments
      • Exhibit 15: Filling - Market share 2020-2025 (%)
    • 5.2 Comparison by Filling
      • Exhibit 16: Comparison by Filling
    • 5.3 Non-vegetarian filling - Market size and forecast 2020-2025
      • Exhibit 17: Non-vegetarian filling - Market size and forecast 2020-2025 ($ million)
      • Exhibit 18: Non-vegetarian filling - Year-over-year growth 2020-2025 (%)
    • 5.4 Vegetarian filling - Market size and forecast 2020-2025
      • Exhibit 19: Vegetarian filling - Market size and forecast 2020-2025 ($ million)
      • Exhibit 20: Vegetarian filling - Year-over-year growth 2020-2025 (%)
    • 5.5 Market opportunity by Filling
      • Exhibit 21: Market opportunity by Filling

    6 Customer landscape

    • 6.1 Customer landscape
      • Exhibit 22: Customer landscape

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 23: Market share by geography 2020-2025 (%)
    • 7.2 Geographic comparison
      • Exhibit 24: Geographic comparison
    • 7.3 APAC - Market size and forecast 2020-2025
      • Exhibit 25: APAC - Market size and forecast 2020-2025 ($ million)
      • Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
    • 7.4 Europe - Market size and forecast 2020-2025
      • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
      • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
    • 7.5 North America - Market size and forecast 2020-2025
      • Exhibit 29: North America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
    • 7.6 South America - Market size and forecast 2020-2025
      • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
    • 7.7 MEA - Market size and forecast 2020-2025
      • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
      • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
    • 7.8 Key leading countries
      • Exhibit 35: Key leading countries
    • 7.9 Market opportunity by geography
      • Exhibit 36: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • Exhibit 37: Impact of drivers and challenges
      • 8.3 Market trends

        9 Vendor Landscape

        • 9.1 Overview
          • Exhibit 38: Vendor landscape
        • 9.2 Landscape disruption
          • Exhibit 39: Landscape disruption
          • Exhibit 40: Industry risks

        10 Vendor Analysis

        • 10.1 Vendors covered
          • Exhibit 41: Vendors covered
        • 10.2 Market positioning of vendors
          • Exhibit 42: Market positioning of vendors
        • 10.3 Ajinomoto Co. Inc.
          • Exhibit 43: Ajinomoto Co. Inc. - Overview
          • Exhibit 44: Ajinomoto Co. Inc. - Business segments
          • Exhibit 45: Ajinomoto Co. Inc. - Key offerings
          • Exhibit 46: Ajinomoto Co. Inc. - Segment focus
        • 10.4 Charoen Pokphand Foods Plc
          • Exhibit 47: Charoen Pokphand Foods Plc - Overview
          • Exhibit 48: Charoen Pokphand Foods Plc - Business segments
          • Exhibit 49: Charoen Pokphand Foods Plc - Key offerings
          • Exhibit 50: Charoen Pokphand Foods Plc - Segment focus
        • 10.5 CJ CheilJedang Corp.
          • Exhibit 51: CJ CheilJedang Corp. - Overview
          • Exhibit 52: CJ CheilJedang Corp. - Business segments
          • Exhibit 53: CJ CheilJedang Corp. - Key offerings
          • Exhibit 54: CJ CheilJedang Corp. - Segment focus
        • 10.6 General Mills Inc.
          • Exhibit 55: General Mills Inc. - Overview
          • Exhibit 56: General Mills Inc. - Business segments
          • Exhibit 57: General Mills Inc. - Key offerings
          • Exhibit 58: General Mills Inc. - Segment focus
        • 10.7 Hakka PTY Ltd.
          • Exhibit 59: Hakka PTY Ltd. - Overview
          • Exhibit 60: Hakka PTY Ltd. - Product and service
          • Exhibit 61: Hakka PTY Ltd. - Key offerings
        • 10.8 InnovAsian Cuisine Enterprises Inc.
          • Exhibit 62: InnovAsian Cuisine Enterprises Inc. - Overview
          • Exhibit 63: InnovAsian Cuisine Enterprises Inc. - Product and service
          • Exhibit 64: InnovAsian Cuisine Enterprises Inc. - Key offerings
        • 10.9 NH Foods Ltd.
          • 10.10 Sanquan Food Co. Ltd.
            • Exhibit 69: Sanquan Food Co. Ltd. - Overview
            • Exhibit 70: Sanquan Food Co. Ltd. - Product and service
            • Exhibit 71: Sanquan Food Co. Ltd. - Key offerings
          • 10.11 Wayfong LLC
            • Exhibit 72: Wayfong LLC - Overview
            • Exhibit 73: Wayfong LLC - Product and service
            • Exhibit 74: Wayfong LLC - Key offerings
          • 10.12 Wei-Chuan USA Inc.
            • Exhibit 75: Wei-Chuan USA Inc. - Overview
            • Exhibit 76: Wei-Chuan USA Inc. - Product and service
            • Exhibit 77: Wei-Chuan USA Inc. - Key offerings

          11 Appendix

          • 11.1 Scope of the report
            • 11.2 Currency conversion rates for US$
              • Exhibit 78: Currency conversion rates for US$
            • 11.3 Research methodology
              • Exhibit 79: Research Methodology
              • Exhibit 80: Validation techniques employed for market sizing
              • Exhibit 81: Information sources
            • 11.4 List of abbreviations
              • Exhibit 82: List of abbreviations

            Research Framework

            Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

            TechnavioINFORMATION SOURCES

            Primary sources

            • Manufacturers and suppliers
            • Channel partners
            • Industry experts
            • Strategic decision makers

            Secondary sources

            • Industry journals and periodicals
            • Government data
            • Financial reports of key industry players
            • Historical data
            • Press releases
            Technavio

            TechnavioDATA ANALYSIS

            Data Synthesis

            • Collation of data
            • Estimation of key figures
            • Analysis of derived insights

            Data Validation

            • Triangulation with data models
            • Reference against proprietary databases
            • Corroboration with industry experts
            Technavio

            TechnavioREPORT WRITING

            Qualitative

            • Market drivers
            • Market challenges
            • Market trends
            • Five forces analysis

            Quantitative

            • Market size and forecast
            • Market segmentation
            • Geographical insights
            • Competitive landscape
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            Dumplings market growth will increase by $4017.71 million during 2021-2025.
            The dumplings market is expected to grow at a CAGR of 7.32% during 2021-2025.
            Technavio has segmented the dumplings market by other1 (Non-vegetarian filling, Vegetarian filling, Others, Meat dumplings, and Vegetable dumplings) and geographic (APAC, Europe, North America, South America, and MEA).
            Ajinomoto Co. Inc., Charoen Pokphand Foods Plc, CJ CheilJedang Corp., General Mills Inc., Hakka PTY Ltd., InnovAsian Cuisine Enterprises Inc., NH Foods Ltd., Sanquan Food Co. Ltd., Wayfong LLC, Wei-Chuan USA Inc. are a few of the key vendors in the dumplings market.
            APAC will register the highest growth rate of 52.54% among the other regions. Therefore, the dumplings market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
            • China
            • Russian Federation
            • US
            • Japan
            • South Korea (Republic of Korea)
            The key factors driving the dumplings market growth are:
            • Several dumpling varieties
            • Rising claims of no-preservatives or additives
            The dumplings market vendors should focus on grabbing business opportunities from the non-vegetarian filling segment as it accounted for the largest market share in the base year.
            • What are the key global market and the regional market share?
            • What are the revenue-generating key market segments?
            • What are the key factors driving and challenging this market’s growth?
            • Who are the key market vendors and their growth strategies?
            • What are the latest trends influencing the growth of this market?
            • What are the variables influencing the market growth in the primary regions?
            • What are the factors influencing the growth of the parent market?
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            • Detailed vendors report with competitive landscape
            • Covid-19 impact and recovery analysis
            • Data on revenue-generating market segments
            • Details on the market shares of various regions
            • Five-force market analysis

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