Staple Foods in Hong Kong, China
Staple foods in 2023: The big picture
What next for staple foods?
Table 1 Sales of Staple Foods by Category: Volume 2018-2023
Table 2 Sales of Staple Foods by Category: Value 2018-2023
Table 3 Sales of Staple Foods by Category: % Volume Growth 2018-2023
Table 4 Sales of Staple Foods by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Staple Foods: % Value 2019-2023
Table 6 LBN Brand Shares of Staple Foods: % Value 2020-2023
Table 7 Penetration of Private Label by Category: % Value 2018-2023
Table 8 Distribution of Staple Foods by Format: % Value 2018-2023
Table 9 Forecast Sales of Staple Foods by Category: Volume 2023-2028
Table 10 Forecast Sales of Staple Foods by Category: Value 2023-2028
Table 11 Forecast Sales of Staple Foods by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Staple Foods by Category: % Value Growth 2023-2028
Summary 1 Research Sources
Baked Goods in Hong Kong, China
Resumption of tourist and other foot traffic drives the consumption of baked goods
Increasing cost pressures and demand for premium baked goods lead to value growth
Retail sales remain sluggish for dessert mixes and dessert pies and tarts, due to the demand for premium desserts in foodservice
Positive outlook for artisanal and premium baked goods likely to attract new entrants
Bakehouse’s balanced strategy in B2C and B2B market likely to result in sustainable revenue stream in the future
Traditional players in baked goods expected to lose share due to the intense competition in the premium segment
Table 13 Sales of Baked Goods by Category: Volume 2018-2023
Table 14 Sales of Baked Goods by Category: Value 2018-2023
Table 15 Sales of Baked Goods by Category: % Volume Growth 2018-2023
Table 16 Sales of Baked Goods by Category: % Value Growth 2018-2023
Table 17 Sales of Pastries by Type: % Value 2018-2023
Table 18 NBO Company Shares of Baked Goods: % Value 2019-2023
Table 19 LBN Brand Shares of Baked Goods: % Value 2020-2023
Table 20 Distribution of Baked Goods by Format: % Value 2018-2023
Table 21 Forecast Sales of Baked Goods by Category: Volume 2023-2028
Table 22 Forecast Sales of Baked Goods by Category: Value 2023-2028
Table 23 Forecast Sales of Baked Goods by Category: % Volume Growth 2023-2028
Table 24 Forecast Sales of Baked Goods by Category: % Value Growth 2023-2028
Breakfast Cereals in Hong Kong, China
Back-to-office routine benefits RTE cereals, as a convenient breakfast choice
Competition remains intense, especially in muesli and granola
Proactive marketing and product education activities help Quaker to lead other RTE cereals
The healthy eating trend will be a key driver of growth in the consumption of breakfast cereals
Differentiation strategy will be needed to stand out
Convenience of consumption is key in the conversion of busy consumers
Table 25 Sales of Breakfast Cereals by Category: Volume 2018-2023
Table 26 Sales of Breakfast Cereals by Category: Value 2018-2023
Table 27 Sales of Breakfast Cereals by Category: % Volume Growth 2018-2023
Table 28 Sales of Breakfast Cereals by Category: % Value Growth 2018-2023
Table 29 NBO Company Shares of Breakfast Cereals: % Value 2019-2023
Table 30 LBN Brand Shares of Breakfast Cereals: % Value 2020-2023
Table 31 Distribution of Breakfast Cereals by Format: % Value 2018-2023
Table 32 Forecast Sales of Breakfast Cereals by Category: Volume 2023-2028
Table 33 Forecast Sales of Breakfast Cereals by Category: Value 2023-2028
Table 34 Forecast Sales of Breakfast Cereals by Category: % Volume Growth 2023-2028
Table 35 Forecast Sales of Breakfast Cereals by Category: % Value Growth 2023-2028
Processed Fruit and Vegetables in Hong Kong, China
Less time to cook at home and easy access to fresh products drags down retail volume sales of processed fruit and vegetables
Rebound in foodservice sales and economic downturn favour the total volume growth of shelf-stable fruit and vegetables
Imported Japanese products and proactive marketing campaign help Del Monte retain its leading position
Foodservice sales will continue to drive growth, while easy-to-cook products will gain popularity
The rise of the premium segment indicates an increasing willingness to spend on quality products
Table 36 Sales of Processed Fruit and Vegetables by Category: Volume 2018-2023
Table 37 Sales of Processed Fruit and Vegetables by Category: Value 2018-2023
Table 38 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2018-2023
Table 39 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2018-2023
Table 40 NBO Company Shares of Processed Fruit and Vegetables: % Value 2019-2023
Table 41 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2020-2023
Table 42 Distribution of Processed Fruit and Vegetables by Format: % Value 2018-2023
Table 43 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2023-2028
Table 44 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2023-2028
Table 45 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2023-2028
Table 46 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2023-2028
Processed Meat, Seafood and Alternatives To Meat in Hong Kong, China
Foodservice channel becomes the growth driver, while chilled and frozen products see stronger popularity
Health consciousness continues to drive growth in tofu and derivatives and meat and seafood substitutes
New entrants fuel growth momentum of meat and seafood substitutes through foodservice
Expected growth in foodservice will lead to more products designed for restaurants
Plant-based eating will continue to drive growth for meat and seafood substitutes
Competition from Shenzhen could become a significant threat to sales in Hong Kong
Table 47 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2018-2023
Table 48 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2018-2023
Table 49 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Volume Growth 2018-2023
Table 50 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Value Growth 2018-2023
Table 51 Sales of Shelf Stable Processed Red Meat by Type: % Volume Breakdown 2018-2023
Table 52 Sales of Chilled Processed Red Meat by Type: % Volume Breakdown 2018-2023
Table 53 Sales of Frozen Processed Red Meat by Type: % Volume Breakdown 2018-2023
Table 54 Sales of Frozen Processed Poultry by Type: % Value Breakdown 2018-2023
Table 55 Sales of Frozen Processed Seafood by Type: % Value Breakdown 2018-2023
Table 56 NBO Company Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2019-2023
Table 57 LBN Brand Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2020-2023
Table 58 Distribution of Processed Meat, Seafood and Alternatives to Meat by Format: % Value 2018-2023
Table 59 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2023-2028
Table 60 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2023-2028
Rice, Pasta and Noodles in Hong Kong, China
Noodles shows resilience in the shift in consumers from retail to foodservice
Combination of cost, health, and time concerns results in declining retail sales of rice
Korean brands see growth in share, thanks to the expansion of a Korean chained grocery retailer
Preference for eating out and threat from warehouse clubs suggest a sluggish retail outlook
The demand for quick and tasty meal options will continue to drive growth for instant noodles
Growing acceptance of brands from Mainland China will favour Chinese brands
Table 61 Sales of Rice, Pasta and Noodles by Category: Volume 2018-2023
Table 62 Sales of Rice, Pasta and Noodles by Category: Value 2018-2023
Table 63 Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2018-2023
Table 64 Sales of Rice, Pasta and Noodles by Category: % Value Growth 2018-2023
Table 65 Sales of Instant Noodles by Leading Flavours: Rankings 2018-2023
Table 66 NBO Company Shares of Rice, Pasta and Noodles: % Value 2019-2023
Table 67 LBN Brand Shares of Rice, Pasta and Noodles: % Value 2020-2023
Table 68 NBO Company Shares of Rice: % Value 2019-2023
Table 69 LBN Brand Shares of Rice: % Value 2020-2023
Table 70 NBO Company Shares of Pasta: % Value 2019-2023
Table 71 LBN Brand Shares of Pasta: % Value 2020-2023
Table 72 NBO Company Shares of Noodles: % Value 2019-2023
Table 73 LBN Brand Shares of Noodles: % Value 2020-2023
Table 74 Distribution of Rice, Pasta and Noodles by Format: % Value 2018-2023
Table 75 Distribution of Rice by Format: % Value 2018-2023
Table 76 Distribution of Pasta by Format: % Value 2018-2023
Table 77 Distribution of Noodles by Format: % Value 2018-2023
Table 78 Forecast Sales of Rice, Pasta and Noodles by Category: Volume 2023-2028
Table 79 Forecast Sales of Rice, Pasta and Noodles by Category: Value 2023-2028
Table 80 Forecast Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2023-2028
Table 81 Forecast Sales of Rice, Pasta and Noodles by Category: % Value Growth 2023-2028