Hong Kong Baby Food Market Size and Share by Categories, Distribution and Forecast to 2028
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Hong Kong Baby Food Market Report Overview
The Hong Kong baby food market size was HKD1.6 billion ($204.4 million) in 2022. The market is expected to decline at a CAGR of more than 9% during 2022-2028.
Hong Kong Baby Food Market Outlook, 2022-2028 (HKD Billion)
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The Hong Kong baby food market research report puts together multiple data sources to provide a comprehensive baby food sector overview in the country. The report covers key information about the per capita expenditure (PCE) and per capita consumption (PCC) to help in understanding the baby food market growth trajectory in Hong Kong. Furthermore, the Hong Kong baby food market analysis offers detailed category-wise, distribution channel-wise, and company-wise insights to understand potential business opportunities.
| Market Size (2022) | HKD1.6 billion ($204.4 million) |
| CAGR (2022-2028) | >9% |
| Historical Period | 2016-2022 |
| Forecast Period | 2023-2028 |
| Key Categories | · Baby Milks
· Baby Cereals & Dry Meals · Baby Wet Meals & Other · Baby Finger Food · Baby Drinks |
| Key Distribution Channels | · Hypermarkets & Supermarkets
· Drugstores & Pharmacies · E-retailers · Food & Drinks Specialists · Convenience Stores · Departmental Stores · Others |
| Leading Manufacturers | · FrieslandCampina
· Mead Johnson · Nestlé · Abbott Laboratories · Danone |
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Hong Kong Baby Food Market Segmentation by Categories
Baby milks category led the Hong Kong baby food market by value and volume in 2022
The key categories in the Hong Kong baby food market are:
- Baby Milks
- Baby Wet Meals & Other
- Baby Cereals & Dry Meals
- Baby Drinks
- Baby Finger Food
The baby milks category comprises breast-milk substitutes from birth to three years of age, which include first-stage, follow-on, and third-stage milk (also referred to as growing-up or toddler milk), and special dietary milk products. The growing number of working mothers in Hong Kong will influence the demand for products, such as convenient and healthy baby food options, which cater to families with busy schedules. The current millennial and Gen Z parents are more health conscious compared to the baby boomer generation and prefer quality over price when it comes to their children’s well-being. They are committed to providing their children with food that is sourced from natural ingredients and free of preservatives.
Hong Kong Baby Food Market Analysis by Categories, 2022 (%)
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Hong Kong Baby Food Market Segmentation by Distribution Channels
Hypermarkets & supermarkets was the leading distribution channel for baby food in 2022
The key distribution channels in the Hong Kong baby food market are:
- Hypermarkets & Supermarkets
- Drugstores & Pharmacies
- E-retailers
- Food & Drinks Specialists
- Convenience Stores
- Departmental Stores
- Others
In 2022, hypermarkets & supermarkets held the top position as the leading distribution channel for baby food, followed by drug stores & pharmacies and e-retailers.
Hong Kong Baby Food Market Analysis by Distribution Channels, 2022 (%)
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Hong Kong Baby Food Market - Competitive Landscape
FrieslandCampina led the baby food market in 2022
The leading companies in the Hong Kong baby food market are:
- FrieslandCampina
- Mead Johnson
- Nestlé
- Abbott Laboratories
- Danone
- Others
FrieslandCampina led the market in 2022, followed by Mead Johnson and Nestlé among others. Danone offers baby food products across its key brands including Friso.
Hong Kong Baby Food Market Analysis, by Companies, 2022 (%)
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Segments Covered in the Report
Hong Kong Baby Food Categories Outlook (Value, HKD Billion, 2016-2028)
- Baby Milks
- Baby Wet Meals & Other
- Baby Cereals & Dry Meals
- Baby Drinks
- Baby Finger Food
Hong Kong Baby Food Distribution Channel Outlook (Value, HKD Billion, 2016-2028)
- Hypermarkets & Supermarkets
- Drugstores & Pharmacies
- E-retailers
- Food & Drinks Specialists
- Convenience Stores
- Departmental Stores
- Others
Scope
This report provides:
- Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.
- Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.
- Market profile of the various product sectors with the key features & developments, segmentation, per capita trends, and the various manufacturers & brands.
- Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.
- Future projections considering various trends that are likely to affect the industry.
Reasons to Buy
- Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
- Analyze current and forecast behavior trends in each category to identify the best opportunities to exploit.
- Understand consumer behavior by individual product categories to align your sales and marketing efforts with the latest trends in the market.
- Identify which categories are performing and how this is changing market dynamics.
Mead Johnson (Reckitt Benckiser)
Nestlé
Abbott Laboratories
Danone
HiPP
Lotte
Laboratoires Gilbert
Table of Contents
Table
Figures
Frequently asked questions
-
What was the Hong Kong baby food market size in 2022?
The baby food market size in Hong Kong was HKD1.6 billion ($204.4 million) in 2022.
-
What will the Hong Kong baby food market growth rate during the forecast period?
The baby food market in Hong Kong is expected to decline at a CAGR of more than 9% during 2022-2028.
-
Which was the leading category in the Hong Kong baby food market in 2022?
Baby milks was the leading category in the Hong Kong baby food market in 2022.
-
Which was the leading distribution channel of the Greek baby food market in 2022?
Hypermarkets & supermarkets was the leading distribution channel of the Hong Kong baby food market in 2022.
-
Which are the leading manufacturers in the Hong Kong baby food market?
The leading manufacturers in the Hong Kong baby food market are FrieslandCampina, Mead Johnson, Nestlé, Abbott Laboratories, and Danone among others.
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