+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Plant-Based Dairy in Hong Kong, China

  • PDF Icon

    Report

  • 17 Pages
  • August 2024
  • Region: China, Hong Kong
  • Euromonitor International
  • ID: 5738998
As the popularity of plant-based dairy in Hong Kong continues to experience accelerated growth from the constant demand driven by health and wellness trends, the awareness and adoption of these products has expanded significantly to foodservice.

The Plant-based Dairy in Hong Kong, China report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Plant-based Dairy market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Plant-based dairy players seize foodservice opportunities amid tourism revival and health and wellness trend
  • Vitasoy refreshes soy drinks range with innovative flavours to maintain its leadership
PROSPECTS AND OPPORTUNITIES
  • Plant-based dairy landscape braces for intense competition as brands innovate to capture health-conscious consumers
  • High cost of living fuels shift towards northbound consumption
CATEGORY DATA
  • Table 1 Sales of Plant-Based Dairy by Category: Value 2019-2024
  • Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024
  • Table 3 Sales of Other Plant-Based Milk by Type: % Value 2021-2024
  • Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024
  • Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024
  • Table 6 Distribution of Plant-Based Dairy by Format: % Value 2019-2024
  • Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029
  • Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029
DAIRY PRODUCTS AND ALTERNATIVES IN HONG KONG, CHINA
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2024: The big picture
  • Key trends in 2024
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 9 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
  • Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
  • Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
  • Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
  • Table 13 Penetration of Private Label by Category: % Value 2019-2024
  • Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
  • Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
  • Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources