Cheese in Hong Kong, China

September 2023 | 19 pages | ID: C1E78E33556EN
Euromonitor International Ltd

Abstracts

Sales of cheese in Hong Kong are expected to experience a significant retail current value boost in 2023, mainly due to a substantial rise in the average unit price. The overall unit price of cheese is set to increase by over 10% compared with the previous year. This increase can be attributed to several factors, including the lingering effect of global inflation, and the continuous rises in raw milk prices, both of which have contributed to an overall increase in the cost of cheese production.

Euromonitor International's Cheese 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 2018-2022, 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 in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Hard Cheese, Processed Cheese excl Spreadable, Soft Cheese, Spreadable Cheese.

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

Why buy this report?

• Get a detailed picture of the Cheese 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Cheese in Hong Kong, China
Euromonitor International
September 2023

LIST OF CONTENTS AND TABLES

CHEESE IN HONG KONG, CHINA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Rising value sales of cheese due to price rises and the return of expatriates
Demand for cheese flourishes in the foodservice channel, due to the popularity of Western cuisine and the return to dining out
PROSPECTS AND OPPORTUNITIES
The rise of private label cheese amidst rising unit prices
Health and wellness trend will continue to drive demand for cheese in Hong Kong
CATEGORY DATA
Table 1 Sales of Cheese by Category: Volume 2018-2023
Table 2 Sales of Cheese by Category: Value 2018-2023
Table 3 Sales of Cheese by Category: % Volume Growth 2018-2023
Table 4 Sales of Cheese by Category: % Value Growth 2018-2023
Table 5 Sales of Spreadable Processed Cheese by Type: % Value 2018-2023
Table 6 Sales of Soft Cheese by Type: % Value 2018-2023
Table 7 NBO Company Shares of Cheese: % Value 2019-2023
Table 8 LBN Brand Shares of Cheese: % Value 2020-2023
Table 9 Distribution of Cheese by Format: % Value 2018-2023
Table 10 Forecast Sales of Cheese by Category: Volume 2023-2028
Table 11 Forecast Sales of Cheese by Category: Value 2023-2028
Table 12 Forecast Sales of Cheese by Category: % Volume Growth 2023-2028
Table 13 Forecast Sales of Cheese by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 14 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 15 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 16 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 17 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 18 Penetration of Private Label by Category: % Value 2018-2023
Table 19 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 20 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 21 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources