Hong Kong Cooking and Edible Oils Market 2024

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The cooking and edible oils market in Hong Kong is anticipated to increase by USD 21.5 million till 2029 at an average annual growth of 1.7 percent as per the latest market estimates. The Hong Kong cooking and edible oils market is driven by the city’s affluent and health-conscious population, which increasingly favors premium oils such as olive, avocado, and coconut oils. Growing awareness of health and wellness, alongside concerns over cholesterol and heart disease, is driving demand for oils with higher nutritional value, particularly those rich in unsaturated fats.

Furthermore, Hong Kong’s vibrant foodservice and hospitality industries, along with the growth of online retail platforms, are expanding access to a wider range of imported and specialty oils. This increasing availability is contributing to the steady growth of the market, particularly for high-end products.

The report offers a comprehensive evaluation of the Hong Kong cooking and edible oils market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, packaging type, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the cooking and edible oils industry.


Market Segmentation


The cooking and edible oils market in Hong Kong is classified into the following segments:
Product: olive oil, corn oil (maize oil), rapeseed oil (canola oil), sunflower oil, others
Packaging type: glass bottles, metal containers, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others

The Hong Kong cooking and edible oils market is segmented on the basis of product, packaging type, and distribution channel. By product, the cooking and edible oils market in Hong Kong has been segmented into olive oil, corn oil (maize oil), rapeseed oil (canola oil), sunflower oil, and others. Based upon packaging type, the cooking and edible oils market in Hong Kong is categorized into glass bottles, metal containers, and plastic bottles. On the basis of distribution channel, the cooking and edible oils market in Hong Kong has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.


Competitive Landscape


The Hong Kong cooking and edible oils market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Borges International Group S.L., Bright Food (Group) Co. Ltd., Dah Chong Hong Holdings Limited, Deoleo S.A., Hop Hing Group Holdings Limited, Industria Alimentare Colavita SpA, Lam Soon Group, Sweetyet Development Ltd.

The report presents a detailed analysis of the Hong Kong cooking and edible oils market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Hong Kong cooking and edible oils market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hong Kong cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong cooking and edible oils market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.


Table of Contents


TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewHong Kong cooking and edible oils market – product analysis
Hong Kong cooking and edible oils market – packaging type analysis
Hong Kong cooking and edible oils market – distribution channel analysis
Key players and market share
– Borges International Group S.L.
– Bright Food (Group) Co., Ltd.
– Dah Chong Hong Holdings Limited
– Deoleo, S.A.
– Hop Hing Group Holdings Limited

Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Hong Kong cooking and edible oils market 2019-2029
Chart Hong Kong cooking and edible oils market, net growth, 2019-2029
Chart Hong Kong cooking and edible oils market, growth rates, 2019-2029
Table Hong Kong cooking and edible oils market by product, 2019-2029
Chart Hong Kong cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart Hong Kong cooking and edible oils market by product, 2019-2029
Table Hong Kong cooking and edible oils market by packaging type, 2019-2029
Chart Hong Kong cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart Hong Kong cooking and edible oils market by packaging type, 2019-2029
Table Hong Kong cooking and edible oils market by distribution channel, 2019-2029
Chart Hong Kong cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Hong Kong cooking and edible oils market by distribution channel, 2019-2029
Table Hong Kong cooking and edible oils market share (%), by companies, 2019-2023
Chart Hong Kong cooking and edible oils market, by companies, 2023
Table Hong Kong cooking and edible oils market share (%), by brands, 2019-2023
Chart Hong Kong cooking and edible oils market, by brands, 2023
Table Hong Kong – population (millions) and forecast
Table Hong Kong – consumer price index (CPI) and forecast
Table Hong Kong – gross domestic product and forecast
Table Hong Kong cooking and edible oils market: spend as a proportion of GDP (%)
Table Hong Kong cooking and edible oils market: consumption per capita (population)


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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