Dumpling Machine Market Outlook 2024: Global Opportunity and Demand Analysis, Market Forecast, 2016-2024

Global Dumpling Machine Market

Market Overview

Dumplings are one of famous filling pleasant food which is famous all across the world also considered as staple food in countries such as China, Japan and other South Asian countries. Preparation of dumplings is time consuming and to meet the growing demand for dumplings requirement of dumpling making machineries are increasing. Growing number of food services introducing dumplings in their menu and rising consumption of dumplings are boosting the demand for dumpling machines. Moreover rising popularity of frozen dumplings are gaining huge consumer interests. Nearly 600,000 tons of frozen sweet dumplings are produced in China by two famous frozen food brands Synear and Sanquan every year. Leading vendors are focusing to increase the production of dumplings thus they are investing on efficient dumpling machines. Automatic dumpling making machine introduced by Tai Yuh Machine Enterprise Ltd. is an innovative example to meet consumers as well as manufacturers demand.

Recently, Taiwanese company ANKO FOOD MACHINE CO. LTD. invested USD 20 million into its food machine plant to improve the quality of food processing machineries for consumers. Moreover, Russian Company Signal-Pack developed an innovative machine which can make Russian dumplings and raviolis by utilizing 100% natural meat and soft flour and produces tender dough. Signal-Pack supplied their equipments to eight local food factories of Russia and shipped over 200 machines in countries such as Kazakhstan and Ukraine.

Market Segmentation

Global Dumpling Machine Market is categorized on the following basis:

• Based on Dumpling Machine Type
  • Traditional Dumpling Making Machine
  • Empanada Making Machine
  • Spring Roll Making Machine
  • Samosa Making Machine
  • Pierogi Making Machine
  • Wonton Making Machine
  • Raviol Making Machine
• Based on Geography
  • North America (U.S. & Canada) {Market Size (USD Billion), Growth Analysis (%) and Sales (In Units)}
  • Latin America (Brazil, Mexico & Rest of Latin America) {Market Size (USD Billion), Growth Analysis (%) and Sales (In Units)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Size (USD Billion), Growth Analysis (%) and Sales (In Units)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Size (USD Billion), Growth Analysis (%) and Sales (In Units)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Size (USD Billion), Growth Analysis (%) and Sales (In Units)}
  • Rest of World {Market Size (USD Billion), Growth Analysis (%) and Sales (In Units)}

Market Size and Forecast (2016-2024)

The global dumplings machine market valued USD 0.33 billion in 2015 and is estimated to reach over USD 0.53 billion in 2024. Global dumplings machine market is anticipated to grow at a CAGR of 5.20% during the forecast period.

Asia-Pacific is the dominating region for global dumplings machine market owing to the huge demand for dumplings from countries such as China, Japan, India, South Korea, Malaysia and Indonesia. Asia-Pacific occupied 47% revenue share of global dumpling market in 2015. Rising personal disposable income and growing demand for convenience foods are fuelling the demand for packed dumplings eventually boosting the growth of dumplings machine market in the region. In 2016, China imported 28 dumpling machines to India worth USD 33,129. The average value per shipment was worth USD 1,325.

However, U.S. manufacturers are known for their innovative and technological advance machines which are contributing in the expansion of dumpling machine market in North America region. North America dumpling machine market valued USD 0.11 billion in 2016 and is expected to grow at a CAGR of 6.1% during the forecast period.

Rising consumption of frozen or boiled dumplings countries such as Germany, Spain, UK, Italy, Russia, France and Benelux are propelling the demand for dumplings machine in Europe market. Europe dumpling machine market is expected to grow at a CAGR of 5.8% during the forecast period.

Market Drivers and Challenges

Nowadays ready to eat dumplings and frozen dumplings are growing on demand. Manufacturing of machinery in China with innovative features are likely to expand the regional growth. Countries such as Japan, China and Indonesia are adopting high tech dumplings manufacturing machine to produce large amount of dumplings in shorter span of time. However, this is creating challenges for U.S. manufacturers as they have to work on their export pricing to protect their trade business. Brand imaging and trade relationship is the biggest challenge for new entrants into the market. Asian companies are price-conscious thus affecting the business in after-sales services. Rising labor cost and huge investment required for maintenance of machinery are also impacting the market of dumpling machine across the world.

Key Market Players

• ANKO FOOD MACHINE CO., LTD.
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
• Fumu Machinery
• Tai Yuh Machine Enterprise Ltd.
• Signal-Pack
• Hebei Frank Machinery Manufacturing Co., Ltd.
• Xingtai Greatcity Commercial Co., Ltd.
• Zhengzhou Newin Machinery Co., Ltd.
• Henan Green Machinery Co., Ltd
• Kaifeng Mest Machinery Equipment Co. Ltd.
• Shanghai Binkang Industry Co. Ltd.

Scope Background

Market Synopsis

Market Segmentation

The Global Dumpling Machine Market is segmented as follows:

• By Dumpling Machine Type (Market Size, Demand Analysis and Growth Analysis)

By Regions

• North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}

• Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
• Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
• Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
• Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
• Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

• Risk Factors

• Regional Variations
• Recent Trends and Developments

Key Market Players

• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks