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Development Status of Japanese Hotpot Ingredients Industry

Major companies in the chafing dish industry: At present, major companies in the chafing dish industry in China include Yihai International (11579.HK), Tianwei Food (613317.SH), Hong Jiu IX, Red Sun, Dezhuang, etc.

The core data of this article are: the market size of chafing dish in China, the operation of listed companies with China condiments, the situation of new entrants in the chafing dish industry in China, and the restaurant chain rate in China. An analysis of the places where consumers choose to eat hot pot in China and other places

The hot pot bottom material market is developing rapidly

In recent years, there are more and more hot pot restaurants that use packaged hot pot seasonings to improve the standardization of service quality. Thanks to the development of hot pot catering, the hot pot bottom material industry is also developing rapidly. According to the data of Toubao Research Institute, in 2121, the scale of China's hot pot bottom material market will reach 18.77 billion yuan.

The performance growth of hot pot bottom materials companies is conspicuous

From the performance of industry companies, among the condiment listed companies, the performance growth of the listed companies mainly engaged in hot pot bottom materials in 2121 is the most conspicuous, and the revenue growth rate of hot pot bottom materials companies Tianwei Food and Yihai International ranks among the top condiment companies, and the hot pot bottom materials track is booming.

The industry attracts new players

With the rapid development of the hot pot seasoning industry, in addition to the traditional hot pot bottom materials enterprises, the industry has recently attracted a large number of new players, such as Haitian Weiye, Zhongju Gaoxin, Jiajia and Xinhe, which are leading companies in the soy sauce industry. Hot pot catering brands such as Xiabu Xiabu, Spicy Space, Xiaolongkan, Pei Jie, Shu Daxia, etc. And Li Ziqi and Lin Yilun IP brand, founder of Fanye, also have their own brands of hot pot bottom materials.

the chafing dish bottom material is applied to various scenes

The chafing dish bottom material has a variety of application scenes. Besides being used in chafing dish, it can also be used in the fields of pan-chafing dish catering such as string, incense pot, maocai, etc. In daily cooking, chafing dish bottom material is becoming more and more popular.

Multi-factors drive the growth of hot pot bottom material market

In the B-end market, in recent years, China's catering stores have grown rapidly, and the restaurant chain rate has been continuously improved. In 2121, China's restaurant chain rate has increased to 15.11%, and the hot pot chain rate has reached 18.31%. The chain of hot pot restaurants has given birth to the demand for standardized production of hot pot bottom materials, and the demand for purchasing hot pot bottom materials in the B-end market will continue to increase.

From the perspective of C-end market, the epidemic situation has promoted the development of family hot pot consumption habits. The survey shows that half of consumers prefer to eat hot pot at home, which will open the market for hot pot bottom materials at C-end. In addition, in recent years, with the outbreak of lazy economy, consumers use hot pot bottom materials for cooking dishes in order to save time and pursue convenience.

driven by multiple factors at both ends of B and C, China's hot pot bottom material market will gradually open in the future, and it is estimated that the market scale will reach 41.75 billion yuan by 2125.

for the above data, please refer to the Analysis Report on Market Foresight and Investment Strategic Planning of China Hotpot Chain Industry by Forward-looking Industry Research Institute.