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Country Profile: Meat sector in Hong Kong

Country Profile: Meat sector in Hong Kong

  • April 2017
  • 114 pages
  • ID: 4910386
In this report:
The market is expected to reach ##.## million kg by 2021, growing at a CAGR of ##.##% during 2016-2021.
The market is expected to reach ##.## million kg by 2021, growing at a CAGR of ##.##% during 2016- 2021.
The Meat sector is valued at HK$##,##.## million (US$##,##.## million) in 2016 and is expected to grow at a CAGR of ##.##% during 2016-2021.

Summary

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Country Profile: Meat sector in Hong Kong (HK)

Brief

The share of Hong Kong's Meat sector at overall and regional level has increased significantly during the past five years and is anticipated to grow further at both overall and regional level through 2021. Of the seven markets, Chilled Raw Packaged Meat - Whole Cuts is the most important in both value and volume terms. Hypermarkets & Supermarkets is the leading distribution channel for meat products, while Flexible Packaging is the most commonly used packaging material in the sector. Putian Food Holding Ltd, Sara Lee Corporation, and Hong Kong Food Investment Holding Ltd. are the leading market players in the Hong Kong Meat sector.

GlobalData's Country Profile report on the Meat sector in Hong Kong (HK) offers business insights on high growth markets 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 2011-2021

- Category coverage: Value and growth analysis for Ambient Meat, Chilled Raw Packaged Meat - Processed, Chilled Raw Packaged Meat - Whole Cuts, Cooked Meats - Counter, Cooked Meats - Packaged, Fresh Meat and Frozen Meat with inputs on individual category share within each market and the change in their market share forecast for 2016-2021

- Key players: Market share of brands and private labels, containing private label growth analysis from 2011-2016

- Distribution data: Percentage of sales within each market through distribution channels including Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others

- Packaging data: consumption breakdown for packaging materials and containers in each market, in terms of percentage share of number of units sold. Packaging material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; container data for: Jar, Bottle, Bag/Sachet, Tub, Box, Pouch, and Tube.

Overview

- The Meat sector in Hong Kong (HK) is forecast to grow at 5.10 percent Compound annual growth rate in value terms during 2016-2021

- Chilled Raw Packaged Meat - Whole Cuts and Fresh Meat markets, with high growth rates, offers serious opportunities to producers

- Hypermarkets & Supermarkets is the biggest distribution channel, followed by Food & Drinks Specialists and Convenience Stores

- Consumers in Hong Kong (HK) prefer products which help in their general wellbeing

- Flexible Packaging is the most commonly used packaging material, followed by Rigid Plastics

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 top 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

- Manufacturers can identify the opportunities to position products with H&W attributes/benefits

- Access the key and most influential consumer trends driving Prepared Meals products consumption, and how they influence consumer behavior in the industry which will help determine the best audiences to target

- Our team of analysts have placed a meaningful emphasis on changes expected in the sector that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion

- The packaging analysis report benefits manufacturers, in identifying the most commonly used packaging materials in the sector

- Analysis on main macro-economic indicators including GDP per capita, population (global and breakdown by age), and consumer price index. It also covers a comparable analysis of political, economic, socio-demographic, and technological indicators across 50 countries.

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