About Frozen Rice Balls
Frozen Rice Balls Are Also Known as Dumplings. Frozen Rice Balls Are Usually Stuffed with Fillings and Rolls into Balls Shape. Those Fillings Are Mainly Sugars, Red Bean Paste, Peanut Paste, Or Sesame Paste. This Rice Balls Have Bouncy and Chewy Texture Which Makes Them Very Tasty and Delicious. This Glutinous Frozen Rice Balls Could Be Made in Chinese Traditional Festival. While Eating Frozen Rice Balls It Gives a Lava Like Taste into The Mouth. Many Asian Countries Like China, Japan, South Korea, Malaysia Are Made This Rice Balls in Their Traditional Festivals. It Is Eaten as A Traditional Food in These Countries. These Countries Are One of The Largest Manufacturers for Frozen Rice Balls. Frozen Rice Balls Must Store in Refrigerator and In a Specific Temperature At 24 Hours A Day, So It Can Be a Fresh. Freshness And Texture of a Frozen Rice Balls Gives a Good Taste to The Consumers. Over The Years the Sales of Frozen Rice Balls Increase Rapidly. The Round Shaped Frozen Rice Balls Symbolizes Family Togetherness and Unity. That’s The Reason These Rice Balls Served at A Festivals and Family Gatherings.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.7% |
The market for Frozen Rice ball is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Frozen Rice Balls market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Day-Lee Foods Inc (United States), Synear (United States), Gemini Food Corporation (United States), The Arancini Company (United States), CJ Cheiljedang (South Korea), Sanquan Food (China), Anjoy Foods Group (China), Ajinomoto (Japan), Tokyo Bento Labo (Japan) and Yutaka (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hakka Pty Ltd (Australia), PA Food (Malaysia), Way Fong LLC (United States), Zing Asia Oriental Food (United Kingdom) and Cucina Foods Inc (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Frozen Rice Balls market by Type (Black Sesame, Peanut, Red Bean and Other), Application (Restaurants And Hotels, Households and Others) and Region.
On the basis of geography, the market of Frozen Rice Balls has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Frozen Rice Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Rice flours will boost the Frozen Rice Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Container will boost the Frozen Rice Balls market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability In Various Flavors and Consumers Turning Towards Plant Based food
Market Growth Drivers:
Increasing Taste of Consumers Related Desserts and Sweets and Traditional Festivals and Family Gatherings in Various Countries
Challenges:
Requires A Huge Number of Freezers and Refrigerators to Preserve Freshness and Lengthy Production Process
Restraints:
Easily Expired Due to Lack of Freezer or Refrigerator and Causes Food Allergens Specially to The Peoples Who Got Allergies by Peanuts
Opportunities:
Growing Demand in FMCG Sectors, Increasing Demand of Eating Plant-Based Food and Growth In Food Related E-Commerce Shopping
Market Leaders and their expansionary development strategies
In 2023, Bikano, a snack and packaged food manufacturing company, launched a line of frozen products in the international market, aiming to increase export sales by 40% YoY.
On 22 April 2022, CJ Cheiljedang Is Seeking to Continue Its Success Story in The United States, After the Successful Launch of Its Dumpling, By Introducing Ready-To-Eat Rice "Hetbahn" To American Consumers in August, Company Officials Said Thursday. Hetbahn, developed by CJ Cheiljedang, Is the Best-Selling Pre-Cooked Rice Product in The Korean Market Now in Its 27th Year. The Company Has Been Working on Introducing a Range of Flavors That Suit the American Consumer Palate for The Last Five Years.
The American Frozen Food Institute (AFFI) Appreciates the Opportunity to Comment on The Second Installment of Mitigation Strategies to Protect Food Against Intentional Adulteration: Guidance for Industry (Draft Guidance). As The Voice of The U.S. Frozen Food Industry, AFFI Is the National Trade Association That Represents the Interests of All Segments of The Frozen Food Industry. AFFI Members Manufacture and Distribute Frozen Foods Throughout the United States and Globally. AFFI Represents a Broad Group of Companies Throughout the Food Distribution Chain, Including Food Producers, Distributors, And Retailers
Key Target Audience
Frozen Rice Balls Manufacturer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.