China's chefs are doing a vanishing act
2 years, 6 months ago

China's chefs are doing a vanishing act

China Daily  

The value of the pre-food market is forecast to reach 415.15 billion yuan this year, representing annual growth of 32.4 percent. In recent years pre-made food has spread from the central kitchens of large restaurant chains to takeaway catering platforms and has gradually become highly popular among consumers. China's pre-made food industry was worth 253 billion yuan in 2020, with compound annual growth of 28.8 percent from 2017 to 2020, says a report by ASKCI Consulting, an industry consulting professional organization in China. Perhaps unsurprisingly, pre-made food originated in the United States, where the world's first quick-freezing machine was invented and tested in 1920, followed by the introduction of quick-frozen processed products. A report analyzing the development of the pre-made food industry by New Fortune, a Chinese financial services platform providing evaluation and research, says the pre-made food industry developed rapidly in the late 1970s and early 1980s in Japan, growing at more than 20 percent a year.

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History of this topic

McDonald’s supersizes China bet as corporate America pulls back
7 months, 3 weeks ago

McDonald’s supersizes China bet as corporate America pulls back

Live Mint  

HONG KONG—Some U.S. consumer brands in China are struggling with tepid consumer demand and a trend toward nationalist buying. China is now the fastest-growing market for McDonald’s and its second-largest by number of stores, with more than 5,500, the company said in November. The more than 1,000 new restaurants McDonald’s opened in China last year marked a record for the …

Premade food companies eye global expansion
1 year, 1 month ago

Premade food companies eye global expansion

China Daily  

By ZHAO RUIXUE in Jinan and ZHANG XIAOMIN in Dalian, Liaoning | | Updated : 2023-11-14 Workers from Shandong Nichirei Foods Co Ltd process chicken for premade food in Yantai, Shandong province, in May. Lufeng, located in Anqiu, Shandong province, produces over 600 types of premade food products, including frozen meats, cooked meats, frozen vegetables, canned goods, flour-based food, seasonings, …

Demand rises for nation's canned food exports
1 year, 7 months ago

Demand rises for nation's canned food exports

China Daily  

By Zhu Wenqian in Beijing, Zhao Ruixue in Jinan, and Qiu Quanlin in Guangzhou | | Updated : 2023-05-17 Production capacity expanded to cater to wide range of tastes Cans containing Dolma — salty rice and meat wrapped in pickled grape leaves — were loaded onto trucks at a company in Heze, Shandong province, this month, before being transported to …

Demand rises for nation's canned food exports
1 year, 7 months ago

Demand rises for nation's canned food exports

China Daily  

By Zhu Wenqian in Beijing, Zhao Ruixue in Jinan, and Qiu Quanlin in Guangzhou | | Updated : 2023-05-17 Production capacity expanded to cater to wide range of tastes Cans containing Dolma — salty rice and meat wrapped in pickled grape leaves — were loaded onto trucks at a company in Heze, Shandong province, this month, before being transported to …

Qingdao aims high in precooked dish market
2 years, 1 month ago

Qingdao aims high in precooked dish market

China Daily  

An array of premade food in a supermarket in Beijing. The eastern coastal city of Qingdao, Shandong province recently launched a three-year action plan to promote the high-quality development of the precooked dish market. According to the city's development goals, there is expected to be 100 precooked dish industry players above designated size in the city by 2024, with the …

Ready meals cooking up success for retailers
2 years, 5 months ago

Ready meals cooking up success for retailers

China Daily  

An array of premade food in a supermarket in Beijing. JD Super, the supermarket arm of Chinese e-commerce giant JD, said in an industrial report that its sales of premade food soared 156 percent year-on-year in 2021. Meanwhile, buyers aged 26-35 registered the fastest growth rate of 171 percent year-on-year in terms of premade food expenses, the report said. "Ready-to-cook …

Ready meals cooking up success for retailers
2 years, 5 months ago

Ready meals cooking up success for retailers

China Daily  

An array of premade food in a supermarket in Beijing. JD Super, the supermarket arm of Chinese e-commerce giant JD, said in an industrial report that its sales of premade food soared 156 percent year-on-year in 2021. Meanwhile, buyers aged 26-35 registered the fastest growth rate of 171 percent year-on-year in terms of premade food expenses, the report said. "Ready-to-cook …

China's chefs are doing a vanishing act
2 years, 6 months ago

China's chefs are doing a vanishing act

China Daily  

The value of the pre-food market is forecast to reach 415.15 billion yuan this year, representing annual growth of 32.4 percent. In recent years pre-made food has spread from the central kitchens of large restaurant chains to takeaway catering platforms and has gradually become highly popular among consumers. China's pre-made food industry was worth 253 billion yuan in 2020, with …

China's appetite grows for ready-made dishes
2 years, 8 months ago

China's appetite grows for ready-made dishes

China Daily  

Prefabricated foods are sold at a supermarket in Beijing, on April 9, 2022. "Back in 2017, we turned some of our restaurant's best-selling items into ready-made dishes, and it turned out to be a huge success," said Hou Mingjing, marketing director of Shandong Camry Commercial Group, a catering company. China's current market size of prefabricated food is about 300 billion …

China's food industry records growth in production, sales
3 years, 3 months ago

China's food industry records growth in production, sales

China Daily  

BEIJING -- China's food industry reported stable expansion in terms of production and sales in the first seven months of the year, data from the Ministry of Industry and Information Technology showed. In the first seven months, retail sales of the food industry witnessed robust growth, with that of grain, oil and food up 10.6 percent from a year earlier …

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