The Dairy & Soy Food sector in Hong Kong is driven by increasing health consciousness and growing consumer demand for nutrient rich diet in the country. Of all the markets, Milk is the largest in value terms, while the Soymilk & Soy Drinks market is forecast to register the fastest growth during 2016-2021.
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Hypermarkets & Supermarkets is the leading channel for the distribution of dairy & soy food products in the country. Rigid Plastics is the most commonly used packaging material in the sector, while Glass is forecast to register the fastest growth during 2016-2021.
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GlobalData’s Country Profile report on the Dairy & Soy Food sector in Hong Kong provides insights on high growth markets to target, trends in the usage of packaging materials, category level distribution channel data and market share of brands.
What else is contained?
Market data: Overall market value and volume data with growth analysis for 2011-2021. The overall market value and volume included in the report is split on the basis of On-trade and Off-trade
Category coverage: Value and growth analysis for Butter & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Fromage Frais & Quark, Milk, Soymilk & Soy Drinks, and Yogurt with inputs on individual category share within each market and the change in their market share forecast for 2016-2021
Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016
Distribution data: Percentage of sales within each market through distribution channels such as On-trade, Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others
Packaging data: consumption breakdown for packaging materials and container types in each market, in terms of percentage share of number of units sold. Packaging material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; container data for: Carton, Film, Bag/Sachet, Tub, Wrapper, Bottle, and Tube.
The Dairy & Soy Food sector in Hong Kong is forecast to grow at 4.1% CAGR in value terms during 2016-2021.
The per capita consumption of Dairy & Soy Food is higher in Hong Kong compared to the global and regional level.
Milk is the largest market in value and volume terms in Hong Kong’s Dairy & Soy Food sector
Hypermarkets & Supermarkets account for a leading share in the distribution of Dairy & Soy Food products in Hong Kong.
The top five brands in the sector accounted for 25.9% value share, in 2016.
Rigid Plastics is the most commonly used packaging material in Hong Kong’s Dairy & Soy Food sector.
Reasons to access
Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
Manufacturers can identify the opportunities to position products with H&W attributes/benefits
Access the key and most influential consumer trends driving Dairy & Soy Food products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.
Kowloon Dairy Limited
Yakult Honsha Co. Ltd.
Trappist Dairy (Hong Kong) Limited
Vitasoy International Holdings Limited
Lion Pty Ltd
PT Greenfields Indonesia
The Kraft Heinz Company
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