1. Market Research
  2. > Food
  3. > Processed Food Market Trends
Country Profile: Seasonings, Dressings & Sauces sector in Hong Kong

Country Profile: Seasonings, Dressings & Sauces sector in Hong Kong

  • May 2017
  • 148 pages
  • ID: 4938383
  • Format: PDF
  • By GlobalData

Summary

Table of Contents

Search Inside

Country Profile: Seasonings, Dressings & Sauces sector in Hong Kong

Summary
Hong Kong’s Seasonings, Dressings & Sauces sector accounted for a volume share of 0.7% of the global market and 0.3% of the regional (Asia-Pacific) market, in 2016. The demand for Seasonings, Dressings & Sauces in Hong Kong is expected to increase but its volume share in the Asia-Pacific region will remain constant at 0.70% in 2016 and 2021. This is due to the other neighbouring countries such as Indonesia, New Zealand and China registering higher growth than Hong Kong in the Seasonings, Dressings & Sauces sector.

Seasonings, Dressings & Sauces sector is valued at HK$2,020.3 million (US$260.3 million) in 2016 and is expected to grow at a CAGR of 5% during 2016-2021. Per capita consumption stood at 10.2 kg when compared to the global and Asia-Pacific levels of 4.5kg and 3.3 kg, respectively, in 2016.

The Hong Kong Seasonings, Dressings & Sauces sector is partly consolidated with the top five players accounting for 36.2% of the market share by value in 2016. Lee Kum Kee is the leading brand with value share of 15.4% and volume share of 17.5% in 2016.

Glass is the most commonly used packaging material in the Hong Kong’s Seasonings, Dressings & Sauces sector. In 2016, it accounted for a volume share of 47%, followed by Flexible Packaging, Rigid Plastics and Paper & Board with shares of 28%, 17.8% and 6.9% respectively.

The report "Country Profile: Seasonings, Dressings & Sauces sector in Hong Kong" provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

In particular, this report provides the following analysis -
- Market data: Overall market value and volume data with growth analysis for 2011-2021.
- Category coverage: Value and growth analysis for Bouillons & Stocks, Chutneys & Relishes, Condiment Sauces, Dips, Dressings, Dry Cooking Sauces, Herbs, Spices & Seasonings, Tomato Pastes and Purées, and, Wet Cooking Sauces with inputs on individual category share within each market and the change in their market share forecast for 2016-2021.
- Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016.
- Distribution data: Percentage of sales within each market through distribution channels such as 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.

Companies mentioned in this report: Lee Kum Kee, Unilever Plc, Mccormick & Company, Inc., Amoy Food Limited, Sun Wah Foods Ltd., Ach Food Companies, Inc., Del Monte Foods Company, Mondelez International, Inc, Kikkoman Corporation, The Kraft Heinz Company.

Scope
- The Hong Kong's Seasonings, Dressings & Sauces sector, Condiment Sauces is the largest market in both value and volume terms
- Hypermarkets & Supermarkets is the leading distribution channel in the sector
- The Hong Kong's Seasonings, Dressings & Sauces sector is partly consolidated
- Lee Kum Kee, is the leading player in the sector in value terms
- Glass is the most commonly used packaging material used in the sector
- The Condiment Sauces market leads the Singaporean Seasonings, Dressings & Sauces sector in Health & Wellness claims

Reasons to buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed 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 Seasonings, Dressings & Sauces products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
- Our team of analysts have placed a significant emphasis on changes expected in the market 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 helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off

($875)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Packaged Food in Sri Lanka

Packaged Food in Sri Lanka

  • $ 2100
  • November 2019

This report analyses the market for packaged food in Sri Lanka. For the purposes of the study, the market has been defined as follows:Packaged Food in Sri Lanka report offers a comprehensive guide to the ...

Ethnic Foods Market - Growth, Trends and Forecasts (2019 - 2024)

Ethnic Foods Market - Growth, Trends and Forecasts (2019 - 2024)

  • $ 4250
  • September 2019

Market OverviewThe Global Ethnic Foods Market was valued at USD 36,481.1 million in 2018, and it is projected to register a CAGR of 11.80%, over the forecast period (2019-2024).- With the growing immigration ...

Wasabi Market to 2027 - Global Analysis and Forecasts by Product Type, Packaging Type, Distribution Channel and Application

Wasabi Market to 2027 - Global Analysis and Forecasts by Product Type, Packaging Type, Distribution Channel and Application

  • $ 4550
  • September 2019

The global wasabi market was valued at US$ 279.7 Mn in 2018 and is expected to reach US$ 590.8 Mn by 2027 with a CAGR growth rate of 8.7% in the forecast period from 2019 to 2027.The rising demand of wasabi ...

Packaged Food in Cambodia $ 2100 November 2019

Packaged Food in Laos $ 2100 November 2019

Packaged Food in Myanmar $ 2100 November 2019

Packaged Food in Bangladesh $ 2100 November 2019

Packaged Food in Côte d’Ivoire $ 2100 November 2019

Packaged Food in El Salvador $ 2100 November 2019

Packaged Food in Ethiopia $ 2100 November 2019


ref:plp2017

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on