Premiumisation supported by demand for health and authenticity
Hot drinks is seeing growth in the Hong Kong market supported by an ongoing upmarket shift in demand. This is being strongly influenced by rising consumer health consciousness, as well as increasing interest in products offering more sophisticated flavours and an image of authenticity. At the same time, convenience is becoming a growing consumer focus as lifestyles become ever busier.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Hot Drinks industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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 the following key categories, where applicable:
- Coffee
- Tea
- Other Hot Drinks
If you're in the Hot Drinks 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 Hot Drinks 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 Hot Drinks in Hong Kong, China?
- To what extent are health considerations impacting consumption of Hot Drinks in Hong Kong, China?
- What are the traditional preferences in Hot Drinks in Hong Kong, China? To what extent are these tastes changing amidst increasing international influence and the growth of chained cafés?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Hot Drinks in Hong Kong, China?
- Which are the leading brands in Hot Drinks in Hong Kong, China?
- How are products distributed in Hot Drinks in Hong Kong, China?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Hot Drinks?
- Where is future growth expected to be most dynamic?
Hot Drinks in Hong Kong, China
Premiumisation supported by demand for health and authenticity
KEY DATA FINDINGS
Growth across categories
Demand for premium products
Upmarket shift in demand
Consumer health consciousness exerting a growing influence
Search for convenience in the midst of hectic modern lifestyles
Nestlé retains clear lead
Unilever seeing growth on back of string tea offer
Supermarkets dominates
E-commerce supports market responsiveness to evolving trends
Foodservice vs retail split
COUNTRY REPORTS DISCLAIMER
Coffee in Hong Kong, China
KEY DATA FINDINGS
Premium ground coffee beans and pods drive growth
Premium ground coffee beans and pods drive growth
Fresh ground coffee pods blending quality and convenience
Premium and convenient options
Growing demand for premium, health-oriented beverages
Sustainability initiatives by sensory ZERO and 7-Eleven Hong Kong
Nescafé leads coffee
Innovation targeting evolving consumer tastes
Supermarkets dominates retail sales of coffee
City’super launches own brand coffee beans
Tea in Hong Kong, China
KEY DATA FINDINGS
Building on strong traditions
Consumer interest in premium, convenient, and health-focused tea
Emphasis on quality, origin and flavour
Tea faces challenges from market saturation and shifting preferences
Functional blends targeting health, merging traditional herbal knowledge with modern wellness trends
Ethical sourcing and innovative packaging
Unilever leads with portfolio of well-established tea brands
Twinings growing strongly with premium blends and broad range of speciality teas
Supermarkets leading in retail distribution
Supermarkets provides extensive branded and private label offer
Other Hot Drinks in Hong Kong, China
KEY DATA FINDINGS
Demographic developments support health-focused shifts in consumption
Shift towards healthier, plant-based options
Rising interest in local plant-based hot drinks
Changing landscape in other hot drinks
Other plant-based hot drinks blending superfoods and clean label convenience
Sustainable sourcing and clean ingredients
Ovaltine leads through innovation and consumer engagement
Horlicks places emphasis on functional nutrition
Supermarkets dominates other hot drinks sales
Growing role for specialist retailers
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Hot Drinks
-
-
- Fresh Coffee Beans
-
- Fresh Ground Coffee Pods
- Standard Fresh Ground Coffee
-
- Instant Standard Coffee
- Instant Coffee Mixes
-
-
-
- Loose Black Tea
- Tea Bags Black
- Fruit/Herbal Tea
- Green Tea
- Instant Tea
- Other Tea
-
-
-
- Chocolate-based Flavoured Powder Drinks
- Malt-based Hot Drinks
- Non-Chocolate-based Flavoured Powder Drinks
- Other Plant-based Hot Drinks
-
Why 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 Hot Drinks 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!