Hong Kong Food and Drink Report 2014

Hong Kong Food and Drink Report 2014

Published: November 2013
Publisher: Business Monitor International (BMI)
Product ref: 186944
Pages: 101
Format: PDF
Delivery: Immediate download

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BMI View: Consumer goods segments in Hong Kong have been relatively well developed for some time, and given the country's population of 7.15mn, investment opportunities in the food and drink market are scarce. Additionally, the economy continues to struggle following the recession of 2008-2009, with GDP growth slowing significantly to around 2% in 2012-2013; this is weighing on consumption of non-essential goods and investment. Generally speaking, most food and drink segments are highly mature, although consumers remain interested in novelty and convenience, which still provides opportunities for food and drink companies.

Headline Industry Data (local currency) ¦ 2014 per capita food consumption growth = +2.45%; forecast compound annual growth rate (CAGR) to 2017 = +2.65%

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Related research categories

By sector: General drinks

By market: Hong Kong (in Asia)


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