Insights reveal that the Hong Kong plant-based dairy market is set for a healthy expansion, with an anticipated growth of USD 123.7 million, corresponding to a compound annual growth rate (CAGR) of nearly 5.6% from 2024 to 2029. In Hong Kong, the plant-based dairy market is expanding due to a growing interest in health and wellness, particularly among younger and affluent consumers. High rates of lactose intolerance in the population are a key driver, as is the trend towards sustainable and ethical consumption. The market is also benefiting from a wide variety of imported plant-based dairy products available in supermarkets.
This report provides a thorough assessment of the Hong Kong plant-based dairy industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the plant-based dairy industry.
Market Segmentation
The Hong Kong plant-based dairy market is categorized into the following segments:
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, e-commerce, others
The plant-based dairy market in the Hong Kong is segmented by distribution channel. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, e-commerce, and others.
Competitive Landscape
Prominent companies operating within the market comprise VITASOY International Holdings Limited, The Coca-Cola Company, SunOpta Inc., Sun Fat Heung Food Products Ltd., Oatly Group AB, Nestle S.A., Marusanai Co. Ltd., Kowloon Dairy Limited, Califia Farms LP and Blue Diamond Growers.
This comprehensive report analyzes the performance of leading companies in the plant-based dairy sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Hong Kong plant-based dairy market.
Gain in-depth analysis and forecasts for the key segments of the Hong Kong plant-based dairy market: distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hong Kong plant-based dairy market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong plant-based dairy market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Hong Kong Plant-based Dairy Market – Distribution Channel Analysis
Key Players and Market Share
– VITASOY International Holdings Limited
– The Coca-Cola Company
– SunOpta Inc.
– Sun Fat Heung Food Products Ltd.
– Oatly Group AB
– Nestle S.A.
– Marusanai Co., Ltd.
– Kowloon Dairy Limited
– Califia Farms LP
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Hong Kong Plant-based Dairy Market 2019-2029
Chart Hong Kong Plant-based Dairy Market, Net Growth, 2019-2029
Chart Hong Kong Plant-based Dairy Market, Growth Rates, 2019-2029
Table Hong Kong Plant-based Dairy Market by Distribution Channel, 2019-2029
Chart Hong Kong Plant-based Dairy Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Plant-based Dairy Market by Distribution Channel, 2019-2029
Table Hong Kong Plant-based Dairy Market Share (%), by Companies, 2019-2023
Chart Hong Kong Plant-based Dairy Market, by Companies, 2023
Table Hong Kong Plant-based Dairy Market Share (%), by Brands, 2019-2023
Chart Hong Kong Plant-based Dairy 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 Plant-based Dairy Market: Spend as a Proportion of GDP (%)
Table Hong Kong Plant-based Dairy Market: Consumption per Capita (Population)
Companies Mentioned
VITASOY International Holdings Limited
The Coca-Cola Company
SunOpta Inc.
Sun Fat Heung Food Products Ltd.
Oatly Group AB
Nestle S.A.
Marusanai Co., Ltd.
Kowloon Dairy Limited
Califia Farms LP
Blue Diamond Growers