(MENAFN- GlobeNewsWire - Nasdaq) Emerging Opportunities Lie in the Expansion of e-commerce Platforms which Facilitate Wider Distribution and Visibility of Niche and Artisanal Dumpling BrandsDublin, Nov. 28, 2024 (GLOBE NEWSWIRE) -- The "Dumplings market by Type, Ingredient Source, Sales Channel, End-User - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The Dumplings Market grew from USD 2.67 billion in 2023 to USD 2.79 billion in 2024. It is expected to continue growing at a CAGR of 4.73%, reaching USD 3.69 billion by 2030.
Market insights reveal that key growth factors include increasing globalization of cuisines, rising disposable incomes, and a growing inclination towards convenience foods. Moreover, the burgeoning interest in plant-based and health-conscious diets has presented opportunities for innovation in healthier dumpling variants, using whole-grain wrappers and plant-based fillings. Emerging opportunities lie in the expansion of e-commerce platforms which facilitate wider distribution and visibility of niche and artisanal dumpling brands.
Despite the promising growth, the dumplings market faces limitations such as fluctuations in raw material costs and cultural challenges in regions less familiar with such products. Challenges also exist in maintaining freshness and authenticity in frozen variants, which can affect consumer perception and acceptance.
To fuel business growth, businesses can innovate by upgrading production processes to enhance nutrition profiles and flavors, or explore new fusion recipes that cater to global palates and dietary trends. Investing in sustainable packaging and sourcing could further set brands apart in the competitive landscape.
Overall, the dumplings market is dynamic, with a breadth of opportunities for expansion in both traditional and modern formats, supported by the evolving consumer preferences and culinary experimentation.
Key Company Profiles
The report delves into recent significant developments in the Dumplings Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Anko Food Machine Co., Ltd., Beyond Meat Inc., Charoen Pokphand Foods Group, Chen Hsiang Food, CJ CheilJedang Corporation, Day-Lee Foods, Inc., Dumpling 100, Euro Dumpling, Fly by Jing, Inc., General Mills Inc., Haitai Confectionery and Foods Co. Ltd., Hakka Pty Ltd., InnovAsian Cuisine Enterprises, Inc., Kungfood, Mei Mei Dumplings, Mr. Chen's Dumplings, Nomad Dumplings LLC, Pan Asia Dragon Pte Ltd., Prime Food Processing Corp., Saturday Dumpling Co., Seawaves Frozen Food Pte Ltd., Synear, Tazaki Foods Limited, The Dumpling Company, Wei Chuan Foods Corporation, and XCJ Corp.
The report provides a detailed overview of the market, exploring several key areas:
Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market. Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development. Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape. Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players. Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future. Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
What is the current size of the market, and how is it expected to grow? Which products, segments, and regions present the most attractive investment opportunities? What are the prevailing technology trends and regulatory factors influencing the market? How do top vendors rank regarding market share and competitive positioning? What revenue sources and strategic opportunities guide vendors' market entry or exit decisions? Key Attributes
| Report Attribute | Details |
| No. of Pages | 199 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $2.79 Billion |
| Forecasted Market Value (USD) by 2030 | $3.69 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Key Topics Covered
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing globalization of cuisine with the popularity of diverse cuisines around the world
5.1.1.2. Growing demand for ready-to-cook products due to the busy lifestyles of modern consumers
5.1.1.3. Expansion of retail distribution channels and availability of dumplings on online platforms
5.1.2. Restraints
5.1.2.1. Limited product standardization across global markets
5.1.3. Opportunities
5.1.3.1. Introduction of new varieties of frozen dumplings
5.1.3.2. Expansion of market segments through product diversity to attract a broader customer base
5.1.4. Challenges
5.1.4.1. Concerns regarding product recalls due to health and safety issues
5.2. Market Segmentation Analysis
5.2.1. Type: Rising preferences for vegetable dumplings owing to growing inclination towards sustainable eating practices
5.2.2. Sales Channel: Growing popularity of online marketplaces owing to user convenience and availability of discounts
5.3. Porter's Five Forces Analysis
5.3.1. Threat of New Entrants
5.3.2. Threat of Substitutes
5.3.3. Bargaining Power of Customers
5.3.4. Bargaining Power of Suppliers
5.3.5. Industry Rivalry
5.4. PESTLE Analysis
5.4.1. Political
5.4.2. Economic
5.4.3. Social
5.4.4. Technological
5.4.5. Legal
5.4.6. Environmental
6. Dumplings Market, by Type
6.1. Introduction
6.2. Meat Dumplings
6.3. Vegetable Dumplings
7. Dumplings Market, by Ingredient Source
7.1. Introduction
7.2. Conventional
7.3. Organic
8. Dumplings Market, by Sales Channel
8.1. Introduction
8.2. Convenience Stores
8.3. Online Marketplace
8.4. Specialty Stores
8.5. Supermarkets/Hypermarkets
9. Dumplings Market, by End-User
9.1. Introduction
9.2. Food Service Outlets
9.3. Household Consumption
10. Americas Dumplings Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Dumplings Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Dumplings Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.3.1. Mr. Chen's Innovates with Launch of Three New Dumpling Varieties
13.3.2. CJ Foods Expands Global Presence with Launch of Plant-Based Dumplings
13.3.3. Expansion of Brooklyn Chop House Dumplings Through Strategic Partnership with Patti LaBelle
13.4. Strategy Analysis & Recommendation
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