Interest in health and wellness grows despite financial pressures
There is a growing focus on healthy eating and nutrition in Hong Kong with this impacting demand for food and beverages and dictating the strategies of manufacturers, retailers and foodservice establishments. Consumers had to juggle these growing health and wellness concerns with economic pressures in 2024 with many products seeing price increases due to the impact of rising input costs and inflation. Despite this, consumers continued to seek out products with clean labels, functional claims, and better for you options.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF.
Overview:
Understand the latest market trends and future growth opportunities for the Health and Wellness industry in Hong Kong, China with research from Euromonitor International's team of analysts.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food and beverages categories.
If you're in the Health and Wellness industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity; or to offer resilience amidst market uncertainty.
The Health and Wellness in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Health and Wellness in Hong Kong, China?
- What are the key health and wellness concerns driving sales in Health and Wellness?
- Is Health and Wellness a dynamic niche or mainstream concern in Hong Kong, China?
- Which are the leading brands in Health and Wellness in Hong Kong, China?
- How are products distributed in Health and Wellness in Hong Kong, China?
- How has COVID-19 and accordant recession impacted sales? Which categories have seen rising demand? Which are most vulnerable to economic disruption and diminished consumer confidence?
- Where is future growth expected to be most dynamic?
Health and Wellness in Hong Kong, China
Interest in health and wellness grows despite financial pressures
Better for you and functional claims on the rise as health awareness grows
Clean label trend fuelling demand for natural and organic claims
Plant-based diets and natural ingredients set to receive growing interest
HW Hot Drinks in Hong Kong, China
KEY DATA FINDINGS
Financial pressures limit growth opportunities within health and wellness hot drinks
Market trends being shaped by new product development and rising health awareness
Consumers remain keen to supplement their diet with fortified hot drinks
Rising health concerns push consumers to cut out sugar from their diet
Health and wellness claims could be key to adding value in a challenging market
Fortified and functional claims likely to remain popular
Mixed fortunes predicted for no sugar claims
HW Soft Drinks in Hong Kong, China
KEY DATA FINDINGS
The growing health and wellness movement continues to inform sales of soft drinks
Demand for health and wellness soft drinks grows despite economic pressures
Natural claims have become the cornerstone of the health and wellness movement
Rising health concerns steer consumers away from sugary soft drinks
Market development set to be driven by an increasing focus on health and sustainability
Traditional Chinese medicine opens up new opportunities for natural soft drinks
Growing campaigns to reduce sugar intake set to inform new product development
HW Snacks in Hong Kong, China
KEY DATA FINDINGS
Economic pressures limit the growth of health and wellness snacks in 2024
Consumers look to balance indulgence and health claims with cost considerations
Interest in gluten free claims falls
Consumer priorities shift away from sugar reduction
Functional claims likely to be at the core of health and wellness snacks
Players likely to need more than just a gluten free claim to find success
Rising production costs could limit investment in no sugar snacks
HW Dairy Products and Alternatives in Hong Kong, China
KEY DATA FINDINGS
Health and wellness market thriving as consumers invest in healthier options
Consumers making healthier choices when it comes to dairy products and alternatives
Increasing health awareness driving demand for mineral rich products
Consumers turn to low fat products as part of a healthier lifestyle
Bright outlook for health and wellness sales
Sales set to benefit from a better understanding of the role of minerals in healthy ageing
Low fat claims set to expand into other dairy categories as demand grows
HW Cooking Ingredients and Meals in Hong Kong, China
KEY DATA FINDINGS
A positive year for health and wellness cooking ingredients and meals
Health conscious consumers making more informed choices
Natural claims gain prominence driven by health and sustainability concerns
Demand for vegetarian products on the rise
Health and wellness claims set to gain momentum across retail and foodservice
Concerns over the harmful impact of UPFs set to benefit natural claims
Ongoing investment expected in plant-based solutions as demand grows
HW Staple Foods in Hong Kong, China
KEY DATA FINDINGS
Local consumers making healthier choices when it comes to staple foods
Local consumers making healthier choices when it comes to staple foods
Consumers turning to healthier options when shopping for baked goods
Vegetarian claims gain traction as consumers make more ethical purchasing decisions
Growing emphasis on ingredient lists expected to inform market development
Organic claims set to see mixed results across staple foods
Focus on plant-based diets set to inform new product development
COUNTRY REPORTS DISCLAIMER
Health and Wellness
Health and Wellness encompasses a number of key claims made on a food or drink products that suggest a health and/or wellness positioning. It comprises positionings relating to better for you, dietary and free from, fortified/functional, health benefit, natural and organic. Please note that data is not available at this level or other aggregated claim levels.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Health and Wellness research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!