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Tuesday, 18 April 2017
Research delivers insight into the Prepared Meals sector in China
Country Profile: Prepared Meals sector in China is a new market research publication announced by Reportstack. The Chinese Prepared Meals sector is the second largest in value terms after Japan in the APAC region. Driven by rising urbanization rates, changing lifestyles, and shifting eating patterns the demand for Prepared Meals in the country is expected to grow at a healthy rate during 2016-2021. Of the three markets, Ready Meals is the largest and the most lucrative market with high market share and high growth rate. Although the Chinese Prepared Meals sector is growing at a high rate, per capita consumption in the country remains very low when compared to the global and APAC level, which offers significant potential for manufacturers to penetration.
Country Profile report on the Prepared Meals sector in China provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained?- Market data: Overall market value and volume data with growth analysis for 2016-2021 - Category coverage: Value and growth analysis for Meal Kits, Pizza and Ready Meals with inputs on individual segment share within each category and the change in their market share forecast for 2016-2021 - Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016 - Distribution data: Value shares within each category through channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and more - Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics and rigid metal; container data for: Bag/Sachet, film, trays, tubs, and others.
- The Chinese Prepared Meals sector grew at a CAGR of 8.7% during 2011-2016 and is forecast to register growth at a CAGR of 7.3% during 2016-2021. - Of the three markets, Ready Meals is the largest in the Chinese Prepared Meals sector with more than 90% of value share in 2016. - The Chinese Prepared Meals sector is highly fragmented with the top five players accounting for only 10% of the market share in 2016. - Hypermarkets & Supermarkets is the leading distribution channel for the Chinese Prepared Meals sector, accounting for a total value share of 63.1% in 2016. - Rigid Metal is the most commonly used packaging material in the Chinese Prepared Meals sector.
Reasons to buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis - Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities - Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning - Manufacturers can identify the opportunities to position products with H&W attributes/benefits - Access the key and most influential consumer trends driving Prepared Meals products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target - Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion - The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector - Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.
WH Group Dr. August Oetker Kg Bright Food (Group) Co.. Hangzhou Wahaha Group Co. Freiberger Lebensmittel Gmbh & Co. General Mills Inc. Nestle S.A. Taisun Enterprise Co. Cxc Chao Xiang Cun Food Chiquita Brands LLC FP Zhengzhou Three Whole Foods Inc. Gui Guan Uncle T Food Ltd. FUJIAN ANJOY FOODS CO. Laurel Unilever Plc Zhengzhou Sinian Food Co. He wei dao Sichuan Deyi Green Food Group Co. Master Kong Holdings Limited Go picnic Uni-President Enterprises Corp Gits Food Products Pvt. Ltd. BIFENGTANG Nongshim co., ltd. Riso Gallo SpA Wan Thai Foods Industry Co.,Ltd Nissin Food Holdings Co. Lundberg Family Farms Thai President Foods Public Company Limited. Healthy Heap Zhejiang Gudasao Food Co. Ltd OHO Jin Mai Lang Food Co. Ltd Hain Celestial Group Inc. Shanghai Yi Zhi Ding Food Co.