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

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?

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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?

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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?

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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.

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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

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