Market Overview:
The global instant hotpot market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and the rising trend of social eating. In terms of type, the vegetarian instant hotpot segment is expected to dominate the market during the forecast period, owing to its health benefits. In terms of application, online sales are projected to grow at a higher rate as compared to offline sales during the forecast period. Regionally, Asia Pacific is anticipated to be one of fastest-growing markets for instant hotpots over 2018-2030. Some key players operating in this market include Ting Hsin International Group Ltd., Uni-President Enterprises Corporation (UPEC), Nissin Foods Holdings Co., Ltd.
Product Definition:
An Instant Hotpot is a soup pot with a built-in heat source, used to cook food rapidly. The importance of an Instant Hotpot is that it can cook food quickly and easily, without the need for additional heat sources.
Vegetarian Instant Hotpot:
Vegetarian instant hotpot is a new concept in the Instant Hotpot market. It was created by a group of young entrepreneurs from China who were sick and tired of seeing animals suffer for food. They came up with an innovative idea to create vegetarian hotpot using only plant-based ingredients such as tofu, seaweed, mushrooms and other vegetables which are available in abundance at low prices throughout all the seasons.
Meat Instant Hotpot:
Meat instant hotpot is a new concept which has been raised in the year 2016. It is basically made of meat and vegetables that are cooked in a special kind of soup base. The soup base contains collagen, sodium, potassium, and other kinds of minerals that give it's unique taste along with aroma from the spices like pepper powder or black pepper.
Application Insights:
The online sales segment dominated the global instant hotpot market, accounting for more than 55.0% share of the total revenue in 2017. The growth of this segment is attributed to factors such as growing internet penetration and increasing use of smartphones among consumers globally. Furthermore, easy access to a wide variety of products through online channels has boosted the demand for hotpots in recent years.
Offline sales accounted for 44.0% share in 2017 due to high initial investment required by restaurants and hotels to buy Instant Hotpot equipment which they cannot afford online easily or at all, especially if they are located far from urban centers with well-developed transportation systems that can serve as a conduit between remote areas.
Regional Analysis:
Asia Pacific dominated the global instant hotpot market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing online and offline sales of Japanese cuisine in countries such as China, India, Thailand, Singapore, and Malaysia among others. Furthermore, Japan has been experiencing a steep increase in its tourism industry which will boost demand for Japa nese cuisine including instant hotpot during travels across various regions of Asia Pacific especially during festive seasons such as Christmas and New Year's Eve among others.
Growth Factors:
- Increasing disposable income of the middle-class population in developing countries: This is fuelling demand for convenience foods, including hotpots.
- Rapid urbanization: As more people move to cities, they are looking for quick and easy meal options that can be enjoyed with friends or family.
- Proliferation of digital media: Social media platforms and online food delivery services are helping to drive awareness and interest in instant hotpots among consumers.
- Health consciousness among consumers: There is growing demand for healthy, yet convenient meal options, such as instant hotpots that are low in fat and calories but still taste great.
- Innovative product offerings: Instant pot manufacturers are constantly introducing new flavors and varieties to keep up with changing consumer preferences
Scope Of The Report
Report Attributes
Report Details
Report Title
Instant Hotpot Market Research Report
By Type
Vegetarian Instant Hotpot, Meat Instant Hotpot, Others
By Application
Online Sales, Offline Sales
By Companies
Haidilao, Morals Village, Xiaolongkan, Rong Li Ji, Zihaiguo, Ji Xiangju
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Instant Hotpot Market Report Segments:
The global Instant Hotpot market is segmented on the basis of:
Types
Vegetarian Instant Hotpot, Meat Instant Hotpot, 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
Online Sales, Offline Sales
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:
- Haidilao
- Morals Village
- Xiaolongkan
- Rong Li Ji
- Zihaiguo
- Ji Xiangju
Highlights of The Instant Hotpot 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:
- Vegetarian Instant Hotpot
- Meat Instant Hotpot
- Others
- By Application:
- Online Sales
- Offline Sales
- 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 Instant Hotpot 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?
Instant Hotpot is a type of online food delivery service that allows customers to order and have food delivered to their homes in minutes.
Some of the key players operating in the instant hotpot market are Haidilao, Morals Village, Xiaolongkan, Rong Li Ji, Zihaiguo, Ji Xiangju.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Instant Hotpot Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Instant Hotpot Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Instant Hotpot Market - Supply Chain
4.5. Global Instant Hotpot Market Forecast
4.5.1. Instant Hotpot Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Instant Hotpot Market Size (000 Units) and Y-o-Y Growth
4.5.3. Instant Hotpot Market Absolute $ Opportunity
5. Global Instant Hotpot Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Instant Hotpot Market Size and Volume Forecast by Type
5.3.1. Vegetarian Instant Hotpot
5.3.2. Meat Instant Hotpot
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Instant Hotpot Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Instant Hotpot Market Size and Volume Forecast by Application
6.3.1. Online Sales
6.3.2. Offline Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Instant Hotpot Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Instant Hotpot Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Instant Hotpot Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Instant Hotpot Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Instant Hotpot Demand Share Forecast, 2019-2026
9. North America Instant Hotpot Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Instant Hotpot Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Instant Hotpot Market Size and Volume Forecast by Application
9.4.1. Online Sales
9.4.2. Offline Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Instant Hotpot Market Size and Volume Forecast by Type
9.7.1. Vegetarian Instant Hotpot
9.7.2. Meat Instant Hotpot
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Instant Hotpot Demand Share Forecast, 2019-2026
10. Latin America Instant Hotpot Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Instant Hotpot Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Instant Hotpot Market Size and Volume Forecast by Application
10.4.1. Online Sales
10.4.2. Offline Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Instant Hotpot Market Size and Volume Forecast by Type
10.7.1. Vegetarian Instant Hotpot
10.7.2. Meat Instant Hotpot
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Instant Hotpot Demand Share Forecast, 2019-2026
11. Europe Instant Hotpot Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Instant Hotpot Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Instant Hotpot Market Size and Volume Forecast by Application
11.4.1. Online Sales
11.4.2. Offline Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Instant Hotpot Market Size and Volume Forecast by Type
11.7.1. Vegetarian Instant Hotpot
11.7.2. Meat Instant Hotpot
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Grwth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Instant Hotpot Demand Share, 2019-2026
12. Asia Pacific Instant Hotpot Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Instant Hotpot Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Instant Hotpot Market Size and Volume Forecast by Application
12.4.1. Online Sales
12.4.2. Offline Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Instant Hotpot Market Size and Volume Forecast by Type
12.7.1. Vegetarian Instant Hotpot
12.7.2. Meat Instant Hotpot
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Instant Hotpot Demand Share, 2019-2026
13. Middle East & Africa Instant Hotpot Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Instant Hotpot Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Instant Hotpot Market Size and Volume Forecast by Application
13.4.1. Online Sales
13.4.2. Offline Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Instant Hotpot Market Size and Volume Forecast by Type
13.7.1. Vegetarian Instant Hotpot
13.7.2. Meat Instant Hotpot
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Instant Hotpot Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Instant Hotpot Market: Market Share Analysis
14.2. Instant Hotpot Distributors and Customers
14.3. Instant Hotpot Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haidilao
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Morals Village
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xiaolongkan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rong Li Ji
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zihaiguo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ji Xiangju
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
