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Soup in Hong Kong, China

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    Report

  • 21 Pages
  • December 2021
  • Region: China, Hong Kong
  • Euromonitor International
  • ID: 594109
Soup had witnessed double-digit retail volume growth in 2020 due to the home seclusion trend and increased at-home cooking, and despite predictions for declines in 2021, overall demand is likely to remain above pre-pandemic levels. Within broth, ongoing trends include consumers’ greater pursuit of umami and naturalness. Since 2020, the pandemic’s impact on increased at-home eating occasions has boosted consumers’ general health awareness.

The Soup in Hong Kong, China report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2016-2020, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in 2021 directly informs our forecasts to 2025, clearly indicating how the market is expected to change.

Product coverage: Chilled Soup, Dehydrated Soup, Frozen Soup, Instant Soup, Shelf Stable Soup.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Soup market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

The publisher has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, the publisher has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

SOUP IN HONG KONG, CHINAKEY DATA FINDINGS
2021 DEVELOPMENTS
  • Umami and naturalness gain momentum within broth
  • Western soup fulfils diverse range of eating occasions
  • Resumption of bricks-and-mortar promotions likely
PROSPECTS AND OPPORTUNITIES
  • Growing competition for broth as a base for simple dishes and hot pots
  • Increasing popularity of ready-to-drink soup
CATEGORY DATA
  • Table 1 Sales of Soup by Category: Volume 2016-2021
  • Table 2 Sales of Soup by Category: Value 2016-2021
  • Table 3 Sales of Soup by Category: % Volume Growth 2016-2021
  • Table 4 Sales of Soup by Category: % Value Growth 2016-2021
  • Table 5 Sales of Soup by Leading Flavours: Rankings 2016-2021
  • Table 6 NBO Company Shares of Soup: % Value 2017-2021
  • Table 7 LBN Brand Shares of Soup: % Value 2018-2021
  • Table 8 Distribution of Soup by Format: % Value 2016-2021
  • Table 9 Forecast Sales of Soup by Category: Volume 2021-2026
  • Table 10 Forecast Sales of Soup by Category: Value 2021-2026
  • Table 11 Forecast Sales of Soup by Category: % Volume Growth 2021-2026
  • Table 12 Forecast Sales of Soup by Category: % Value Growth 2021-2026
  • CHART 1 Cooking Ingredients and Meals Value Sales Growth Scenarios: 2019-2026
  • CHART 2 Cooking Ingredients and Meals Impact of Drivers on Value Sales: 2018-2026
COOKING INGREDIENTS AND MEALS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2021: The big picture
  • Cooking styles and applications continue to diversify
  • Naturalness, authenticity and umami thriving in Chinese-style products
  • Dominant supermarkets continues to lose ground to alternative channels
  • Future of plant-based cooking ingredients and meals
MARKET DATA
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2016-2021
  • Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2016-2021
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2016-2021
  • Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2016-2021
  • Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2017-2021
  • Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2018-2021
  • Table 19 Penetration of Private Label by Category: % Value 2016-2021
  • Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2016-2021
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2021-2026
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2021-2026
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2021-2026
  • Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2021-2026
SOURCES
  • Summary 1 Research Sources