Hong Kong Dairy Products Market Analysis (2013 - 2023)

This data guide on Dairy Products provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Dairy Products, such as Milk, Drinkable Yogurt, Yogurt, Butter, Cheese, and Dairy Desserts, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Dairy Products market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The Hong Kong Dairy Products market has been recording a CAGR of 4.71% since 2010. The Yogurt category has shown the highest growth since 2010 with a CAGR of 10.19%, and surpassed volume consumption of 10.80 Mn Kg in 2018. The Flavored & Fruit Yogurt segment is expected to dominate the Dairy Desserts sales during the forecast period. Convenience Stores remain an important distribution channel for the Dairy Products sales.

Some of the Key Takeaways

Convenience Stores is the second largest distribution channel for the sales of Dairy Products in Hong Kong.
The Flavored & Fruit Yogurt segment is expected to witness a healthy value CAGR of 10.41% during the forecast period.
Whipping Cream segment volume sales are witnessing the fastest growth in the Cream category.