Country Profile: Prepared Meals sector in Hong Kong
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
The Prepared Meals sector in Hong Kong is forecast to grow at 4.4% during 2016–2021. With increase in the disposable incomes, changes lifestyles and eating patterns of the Hong Kong population the demand for Prepared Meals will grow by 2021. Ready Meals is the largest market in Hong Kong and is expected to grow at a CAGR of 4.4% by 2021; whereas the Hypermarkets & Supermarkets are the leading channels in the Prepared Meals sector which accounted for 78% value share in 2016. The Hong Kong Prepared Meals sector is fragmented with the top five players accounting for 30.3 % of the market share in 2016; wherein Wanchai Ferry leads in both value and volume terms. Rigid Plastics is the most commonly used packaging material in the Hong Kong Prepared Meals sector.
GlobalData’s Country Profile report on the Prepared Meals sector in Hong Kong provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained?
– Market data: Overall market value and volume data with growth analysis for 2016-2021
– Category coverage: Value and growth analysis for Meal Kits, Pizza and Ready Meals with inputs on individual segment share within each category 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: Value shares within each category through channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and more
– Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics, rigid metal and others; container data for: film, trays, tubs, foils and others.
Scope
– The Prepared Meals sector in Hong Kong is forecast to grow at a CAGR of 4.4% during 2016–2021.
– Of the three markets, Ready Meals is the largest in the Hong Kong Prepared Meals sector and is expected to grow at a CAGR of 4.4%.
– The Hong Kong Prepared Meals sector is fragmented with the top five players accounting for 30.3 % of the market share in 2016.
– Hypermarkets & Supermarkets is the largest distribution channel, followed by Convenience Stores and Food & Drinks Specialists.
– Rigid Plastics is the most commonly used packaging material, followed by Flexible Packaging.
Reasons to Buy
– 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 Prepared Meals 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.
Dragon Island
Pinnacle Foods
Inc.
Casa Romantica
Dr. August Oetker Kg
Casino Guichard-Perrachon S.A.
China Agri-Industries Holdings Limited(COFCO)
Xiamen Jiahua
Doll
Yume no Machi Souzou Iinkai Co..
Wan Thai Foods Industry Co.
Ltd
Nissin Food Holdings Co.
Ajinomoto Group
Bellisio Foods
Inc.
Charoen Pokphand Group
Cj Group
Four Seas Mercantile Holdings Ltd.
General Mills
Inc.
H. J. Heinz Company
Synear Food Holdings Limited
HO E SIK
Select Food Products Limited.
VaishVik Food Pvt.Ltd.
Dong Dong
Japan foods Holdings
Table of Contents
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.