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China Frozen Food Market Share, Application,Growth, Research
and Forecasts to 2024 | Hexa Research
“ China Frozen Food market is expected to be valued at USD 26,492.8 Million
by 2024.”
13 November 2018
China Frozen Food market is expected to be valued at USD 26,492.8 Million by 2024, driven by an increase in the
demand of frozen food. Savvy and sophisticated consumers are extremely conscious while making food purchases and
are ready to pay premium prices for these products that are made with ethical and good farming practice. This trend is
expected to flourish the market of frozen food products in China over the coming years.
Growing urbanization coupled with rising disposable income is expected to be a key driver for the rise in purchasing
power of frozen food products by local Chinese people. The market in China is on the edge of further expansion owing to
the rapid expansion of food outlets along with reduced tariff barriers on frozen food imports by the government.
However, highly priced frozen food products from multinational brands are expected to hamper the overall growth in
China but sophisticated health-conscious adults as well as teenagers are ready to pay premium prices for the quality
provided.
Among type segment, Non-vegetarian frozen products account for maximum market revenue share owing to the
growing preference and influence of western foodservice. This trend of expanding western restaurant and dishes is
expected to rise the demand for imported seafood such as sushi, platters, lobsters, and oysters. Frozen seafood
accounted for the maximum market revenue share of about more than one-fourth in the year 2016 owing to China is the
third largest market for fish imports and clearly the vital producer in both fishing and in aquaculture. However, frozen
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