Market Overview:
The global hot pot seasoning market is segmented on the basis of type, application and region. The type segment is further divided into soup hot pot seasoning, mushroom soup hot pot seasoning, spicy hot pot seasoning, tomato hot pot seasoning and others. The application segment is classified into Hot Pot Restaurant, Home and others. Region wise, the market is analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U.K.), Asia Pacific (China Japan India South Korea) and Middle East & Africa(Saudi Arabia UAE Qatar South Africa). The global Hot Pot Seasoning Market was valued at US$ XX Mn in 2017 and expected to grow at a CAGR of XX% during 2018-2030 to reach US$XX Mn by 2030. Soup Hot Pot Seasoning dominates the global Hot Pot Seasoning Market with a share of more than 50%.
Product Definition:
Hot pot seasoning is a spice mix that is used in Chinese hot pots. It typically contains chili pepper, Sichuan peppercorns, ginger, and garlic.
Soup Hot Pot Seasoning:
Soup hot pot seasoning is a blend of dried and flavored soup stock powder. It's major application in the food industry is to enhance the flavor of soups, stews and other edible liquids. The product also has significant demand as an ingredient for stir-fries, sauces and gravies to add taste without compromising with the nutrients.
Mushroom Soup Hot Pot Seasoning:
Mushroom soup hot pot seasoning is a blend of dried mushrooms blended with spices. It is used as a flavoring agent in the hotpot seasoning industry. The product has been gaining popularity among consumers owing to its distinct taste and aroma, which adds flavor to the food products such as beef, pork, poultry and seafood.
Application Insights:
The global market is segmented by application into hot pot restaurant, home and others. The home application segment dominated the overall industry in 2017 with a revenue share of over 60%. This can be attributed to growing urbanization and increasing disposable income among the middle-class population. Furthermore, manufacturers are launching new products to cater to consumer demand which may increase product penetration in the coming years. For instance, seasoning manufacturer Zhaojiangxin introduced a range of soup hot pot seasoning including spicy tomato soup hotpot seasoning for consumers who prefer their food with more spice and flavor.
Hot Pot Restaurant was estimated as the second largest segment in 2017 owing to rising number of restaurants at international level which serves Chinese cuisine in combination with local specialties from different countries around Asia Pacific region such as Vietnam, Japan or Thailand using regional ingredients prepared according to authentic recipes by experienced chefs.
Regional Analysis:
Asia Pacific dominated the global hot pot seasoning market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing per capita income, changing food habits, and rising demand for ethnic foods. China is projected to remain a key consumer of these products due to its large population base and growing popularity as a tourist destination.
North America accounted for more than 20% share of the overall revenue in 2017 owing to high demand from U.S., which has around 2000 restaurants serving hotpot cuisine across different categories including fast-food, casual dining, fine dining restaurant chains as well as home delivery services.
Growth Factors:
- Increasing demand for hot pot dishes from the younger generation.
- Proliferation of hot pot restaurants across different parts of the world.
- Growing popularity of communal dining experiences among consumers.
- Rising disposable incomes and spending power of consumers in developing countries.
- Adventurous palates among consumers looking to explore new flavors and cuisines
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Pot Seasoning Market Research Report
By Type
Soup Hot Pot Seasoning, Mushroom Soup Hot Pot Seasoning, Spicy Hot Pot Seasoning, Tomato Hot Pot Seasoning, Others
By Application
Hot Pot Restaurant, Home, Others
By Companies
DE ZHUANG, XIAO LAO WU, LITTLE SHEEP, CQHJJ, ZHOU JUN JI, QIU XIA, TEWAY FOOD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Hot Pot Seasoning Market Report Segments:
The global Hot Pot Seasoning market is segmented on the basis of:
Types
Soup Hot Pot Seasoning, Mushroom Soup Hot Pot Seasoning, Spicy Hot Pot Seasoning, Tomato Hot Pot Seasoning, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hot Pot Restaurant, Home, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DE ZHUANG
- XIAO LAO WU
- LITTLE SHEEP
- CQHJJ
- ZHOU JUN JI
- QIU XIA
- TEWAY FOOD
Highlights of The Hot Pot Seasoning Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soup Hot Pot Seasoning
- Mushroom Soup Hot Pot Seasoning
- Spicy Hot Pot Seasoning
- Tomato Hot Pot Seasoning
- Others
- By Application:
- Hot Pot Restaurant
- Home
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hot Pot Seasoning Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hot pot seasoning is a mixture of spices used in Chinese cuisine to flavor and enhance the taste of soup or stew. It typically includes chili peppers, star anise, cloves, Sichuan pepper, and ginger.
Some of the major players in the hot pot seasoning market are DE ZHUANG, XIAO LAO WU, LITTLE SHEEP, CQHJJ, ZHOU JUN JI, QIU XIA, TEWAY FOOD.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot Pot Seasoning Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hot Pot Seasoning Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Pot Seasoning Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hot Pot Seasoning Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hot Pot Seasoning Market Size & Forecast, 2020-2028
4.5.1 Hot Pot Seasoning Market Size and Y-o-Y Growth
4.5.2 Hot Pot Seasoning Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Soup Hot Pot Seasoning
5.2.2 Mushroom Soup Hot Pot Seasoning
5.2.3 Spicy Hot Pot Seasoning
5.2.4 Tomato Hot Pot Seasoning
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hot Pot Restaurant
6.2.2 Home
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Pot Seasoning Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hot Pot Seasoning Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Soup Hot Pot Seasoning
9.6.2 Mushroom Soup Hot Pot Seasoning
9.6.3 Spicy Hot Pot Seasoning
9.6.4 Tomato Hot Pot Seasoning
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hot Pot Restaurant
9.10.2 Home
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Soup Hot Pot Seasoning
10.6.2 Mushroom Soup Hot Pot Seasoning
10.6.3 Spicy Hot Pot Seasoning
10.6.4 Tomato Hot Pot Seasoning
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hot Pot Restaurant
10.10.2 Home
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Soup Hot Pot Seasoning
11.6.2 Mushroom Soup Hot Pot Seasoning
11.6.3 Spicy Hot Pot Seasoning
11.6.4 Tomato Hot Pot Seasoning
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hot Pot Restaurant
11.10.2 Home
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Soup Hot Pot Seasoning
12.6.2 Mushroom Soup Hot Pot Seasoning
12.6.3 Spicy Hot Pot Seasoning
12.6.4 Tomato Hot Pot Seasoning
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hot Pot Restaurant
12.10.2 Home
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Soup Hot Pot Seasoning
13.6.2 Mushroom Soup Hot Pot Seasoning
13.6.3 Spicy Hot Pot Seasoning
13.6.4 Tomato Hot Pot Seasoning
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hot Pot Restaurant
13.10.2 Home
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hot Pot Seasoning Market: Competitive Dashboard
14.2 Global Hot Pot Seasoning Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DE ZHUANG
14.3.2 XIAO LAO WU
14.3.3 LITTLE SHEEP
14.3.4 CQHJJ
14.3.5 ZHOU JUN JI
14.3.6 QIU XIA
14.3.7 TEWAY FOOD
