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Edible Oils in Hong Kong, China

  • ID: 4472467
  • Report
  • December 2021
  • Region: China, Hong Kong
  • 22 Pages
  • Euromonitor International
As part of efforts to control the spread of the COVID-19 pandemic, consumers in Hong Kong spent longer periods of time at home in 2020. This increased demand for edible oils in terms of cooking. However, since late 2020 onwards, with the aid of consistent mask-wearing routines and an increasing proportion of the population receiving vaccinations, the number of new cases has been kept under control. Therefore, many consumers are starting to resume normal social occasions in 2021.

The Edible Oils 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: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

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

Why buy this report?

  • Get a detailed picture of the Edible Oils 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.
Note: Product cover images may vary from those shown

EDIBLE OILS IN HONG KONG, CHINAKEY DATA FINDINGS
2021 DEVELOPMENTS
  • Retail volume declines in 2021 following positive performance due to home seclusion
  • Price rise due to premiumisation and raw oil cost increase
  • Further polarisation of olive oil
PROSPECTS AND OPPORTUNITIES
  • Soy oil cannibalising the use of other oil types in foodservice
  • Concurrent use of multiple oil types noticeable among increasing number of households
  • Convenient packaging as one of the key factors behind premiumisation
CATEGORY DATA
  • Table 1 Sales of Edible Oils by Category: Volume 2016-2021
  • Table 2 Sales of Edible Oils by Category: Value 2016-2021
  • Table 3 Sales of Edible Oils by Category: % Volume Growth 2016-2021
  • Table 4 Sales of Edible Oils by Category: % Value Growth 2016-2021
  • Table 5 NBO Company Shares of Edible Oils: % Value 2017-2021
  • Table 6 LBN Brand Shares of Edible Oils: % Value 2018-2021
  • Table 7 Distribution of Edible Oils by Format: % Value 2016-2021
  • Table 8 Forecast Sales of Edible Oils by Category: Volume 2021-2026
  • Table 9 Forecast Sales of Edible Oils by Category: Value 2021-2026
  • Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2021-2026
  • Table 11 Forecast Sales of Edible Oils 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 12 Sales of Cooking Ingredients and Meals by Category: Volume 2016-2021
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2016-2021
  • Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2016-2021
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2016-2021
  • Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2017-2021
  • Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2018-2021
  • Table 18 Penetration of Private Label by Category: % Value 2016-2021
  • Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2016-2021
  • Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2021-2026
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2021-2026
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2021-2026
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2021-2026
SOURCES
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown