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The Functional Drinks Market in Hong Kong - 2013
Venn Research Inc., June 2010, Pages: 33
The functional drinks market consists of energy drinks, sport drinks and nutraceutical drinks. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
The functional drinks market in Hong Kong posted steady growth rates in the period spanning 2004-2008. However, the growth rate in this market is expected to decelerate over the forthcoming five years. The Hong Kong functional drinks market generated total revenues of $86.9 million in 2008, representing a compound annual growth rate (CAGR) of 5.8% for the period spanning 2004-2008.
Market consumption volumes increased with a CAGR of 5.8% between 2004 and 2008, to reach a total of 30.1 million litres in 2008. The market's volume is expected to rise to 38.7 million litres by the end of 2013, representing a CAGR of 5.2% for the 2008-2013 period.
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