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Consumer and Market Insights: Fish and Seafood in Hong Kong

Hong Kong: Fish and Seafood Market

  • April 2016
  • 48 pages
  • ID: 3783293
In this report:
The volume sales of Fish & Seafood products is forecast to grow from ##.## Kg million in 2015 to ##.## Kg million in 2020 to register growth at a CAGR of ##.##% during 2015-2020.
Sales through Food & Drinks Specialists registered the fastest growth at a CAGR of ##.##% in local currency terms during 2011- 2014.
It grew at a CAGR of ##.##% during 2010-2015 and is expected to register growth at a CAGR of ##.##% during 2015-2020.

Summary

Table of Contents

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Brief

The Fish and Seafood industry in Hong Kong (HK) is led by the Fresh Fish and Seafood category in value and volume terms, as on 2015. Private label products in the Chilled Raw Packaged Fish and Seafood - Whole Cuts category registered the quickest growth during 2012-2015.

Main highlights

- Of the six categories analyzed, Dried Fish and Seafood will be the quickest increasing value category, registering a CAGR (Compound annual growth rate) of 4.50 percent during 2015-2020

- The Fish and Seafood industry in Hong Kong (HK) accounted for nearly one-fifth of the Food retail sales in 2014

- The use of Film Closures is forecast to grow at a compound annual growth rate (CAGR) of 2.60 percent during 2015-2020

- Private label products had high market uptake of 16.80 percent in 2015. They compete with brands, which has resulted in private label products gaining market share from brands during 2012-2015.

- Four Seas Mercantile Holdings Ltd and Denis Group are the leading market players in the country

Abstract

Canadean's Consumer and Market Insights report on the Fish and Seafood industry in Hong Kong (HK) offers business insights on high growth categories to target, forecasts in the usage of packaging materials, types and closures category level distribution data and brands market shares.

Other key elements:

- Market data: Overall market value and volume data with growth analysis for 2010-2020

- Category coverage: Value and growth analysis for Ambient Fish and Seafood, Chilled Raw Packaged Fish and Seafood - Processed, Chilled Raw Packaged Fish and Seafood - Whole Cuts, Dried Fish and Seafood, Fresh Fish and Seafood and Frozen Fish and Seafood with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

- Key players: Market share of brands and private labels, containing private label growth analysis from 2012-2015

- Distribution data: Percentage of sales within each category through distribution channels including Hypermarkets and Supermarkets, Food and Drinks Specialists Convenience Stores, and others in 2014

- 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 Rigid Plastics, Flexible Packaging, Rigid Metal, and others; container data for: Can-Food, Bag/Sachet, Tray, and others

Great reasons to purchase

- Identify high plausible categories and explore farther market opportunities established on exhaustive value and volume analysis

- Existing and new competitors can analyze main distribution channels to identify and evaluate forecasts and alternatives

- Gain an understanding of the global ambitious landscape established on in-depth brand share analysis to plan effective market positioning

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