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Consumer Foodservice in Hong Kong, China

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    Report

  • 106 Pages
  • March 2024
  • Region: China, Hong Kong
  • Euromonitor International
  • ID: 593877
Consumer foodservice saw growth in outlet numbers and transaction volumes in Hong Kong in 2023, along with significant current value growth. 2023 was a year of recuperation for consumer foodservice players in Hong Kong. The previous few years, particularly during the pandemic, were detrimental to foodservice businesses, many of which struggled to survive amidst lockdowns, restrictions, and reduced consumer spending.

The Consumer Foodservice in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Consumer Foodservice by Fulfillment, Consumer Foodservice by Location, Consumer Foodservice by Ordering Platform, Consumer Foodservice by Type.

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

Why buy this report?

  • Get a detailed picture of the Consumer Foodservice 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.

Table of Contents

CONSUMER FOODSERVICE IN HONG KONG, CHINA
EXECUTIVE SUMMARY
  • Consumer foodservice in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Independent foodservice developments
  • What next for consumer foodservice?
MARKET DATA
  • Table 1 Units, Transactions and Value Sales in Consumer Foodservice 2018-2023
  • Table 2 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2018-2023
  • Table 3 Consumer Foodservice by Independent vs Chained by Type: Units/Outlets 2023
  • Table 4 Consumer Foodservice by Independent vs Chained: % Foodservice Value 2018-2023
  • Table 5 Sales in Consumer Foodservice by Food vs Drink Split: % Foodservice Value 2018-2023
  • Table 6 Sales in Consumer Foodservice by Food vs Drink Split by Type: % Foodservice Value 2023
  • Table 7 Sales in Consumer Foodservice by Location: % Foodservice Value 2018-2023
  • Table 8 Sales in Consumer Foodservice by Fulfilment: % Foodservice Value 2018-2023
  • Table 9 GBO Company Shares in Chained Consumer Foodservice: % Foodservice Value 2019-2023
  • Table 10 GBN Brand Shares in Chained Consumer Foodservice: % Foodservice Value 2020-2023
  • Table 11 GBN Brand Shares in Chained Consumer Foodservice: Units/Outlets 2023
  • Table 12 Forecast Units, Transactions and Value Sales in Consumer Foodservice 2023-2028
  • Table 13 Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
CAFÉS/BARS IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Continuously fragmenting coffee scene, with taste remaining the determinant factor in purchases
  • Bars/pubs struggles to regain momentum, with challenges from weakened demand
  • Specialist coffee shops expand to retail through RTD to increase touchpoints
PROSPECTS AND OPPORTUNITIES
  • Enhancing loyalty is a priority in the face of continuous fragmentation in Hong Kong
  • Elevating the bar/pub experience with strong storytelling will be key to differentiate and survive
  • Sustainability set to enhance brand equity in a fragmented landscape
CATEGORY DATA
  • Table 14 Cafés/Bars by Category: Units/Outlets 2018-2023
  • Table 15 Sales in Cafés/Bars by Category: Number of Transactions 2018-2023
  • Table 16 Sales in Cafés/Bars by Category: Foodservice Value 2018-2023
  • Table 17 Cafés/Bars by Category: % Units/Outlets Growth 2018-2023
  • Table 18 Sales in Cafés/Bars by Category: % Transaction Growth 2018-2023
  • Table 19 Sales in Cafés/Bars by Category: % Foodservice Value Growth 2018-2023
  • Table 20 GBO Company Shares in Chained Cafés/Bars: % Foodservice Value 2019-2023
  • Table 21 GBN Brand Shares in Chained Cafés/Bars: % Foodservice Value 2020-2023
  • Table 22 Forecast Cafés/Bars by Category: Units/Outlets 2023-2028
  • Table 23 Forecast Sales in Cafés/Bars by Category: Number of Transactions 2023-2028
  • Table 24 Forecast Sales in Cafés/Bars by Category: Foodservice Value 2023-2028
  • Table 25 Forecast Cafés/Bars by Category: % Units/Outlets Growth 2023-2028
  • Table 26 Forecast Sales in Cafés/Bars by Category: % Transaction Growth 2023-2028
  • Table 27 Forecast Sales in Cafés/Bars by Category: % Foodservice Value Growth 2023-2028
FULL-SERVICE RESTAURANTS IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Full-service restaurants faces difficulties recovering due to tourism flows, shifting behaviours, and labour shortages
  • Japanese-style restaurants remain resilient in Hong Kong
  • Mainland China chains enter Hong Kong, eyeing further international expansion
PROSPECTS AND OPPORTUNITIES
  • Full-service restaurants expected to recover to pre-pandemic level of value sales in 2026
  • Mainland China chains to gain significance as consumer behaviour changes along with Greater Bay Area integration
  • Players should focus on creating niches to recapture local consumption
CATEGORY DATA
  • Table 28 Full-Service Restaurants by Category: Units/Outlets 2018-2023
  • Table 29 Sales in Full-Service Restaurants by Category: Number of Transactions 2018-2023
  • Table 30 Sales in Full-Service Restaurants by Category: Foodservice Value 2018-2023
  • Table 31 Full-Service Restaurants by Category: % Units/Outlets Growth 2018-2023
  • Table 32 Sales in Full-Service Restaurants by Category: % Transaction Growth 2018-2023
  • Table 33 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2018-2023
  • Table 34 GBO Company Shares in Chained Full-Service Restaurants: % Foodservice Value 2019-2023
  • Table 35 GBN Brand Shares in Chained Full-Service Restaurants: % Foodservice Value 2020-2023
  • Table 36 Forecast Full-Service Restaurants by Category: Units/Outlets 2023-2028
  • Table 37 Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2023-2028
  • Table 38 Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2023-2028
  • Table 39 Forecast Full-Service Restaurants by Category: % Units/Outlets Growth 2023-2028
  • Table 40 Forecast Sales in Full-Service Restaurants by Category: % Transaction Growth 2023-2028
  • Table 41 Forecast Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2023-2028
SELF-SERVICE CAFETERIAS IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Self-service cafeterias sees continued decline, as outbound tourism recovers and outlet numbers fall
  • Premium food court concept gains popularity
  • Ikea Restaurant has a strategy to build traffic and brand awareness
PROSPECTS AND OPPORTUNITIES
  • Shifting value proposition for self-service cafeterias expected
  • Greater Bay Area integration indicates that transformations to align with shifting consumer behaviour will be needed in the short term
CATEGORY DATA
  • Table 42 Self-Service Cafeterias: Units/Outlets 2018-2023
  • Table 43 Sales in Self-Service Cafeterias: Number of Transactions 2018-2023
  • Table 44 Sales in Self-Service Cafeterias: Foodservice Value 2018-2023
  • Table 45 Sales in Self-Service Cafeterias: % Units/Outlets Growth 2018-2023
  • Table 46 Sales in Self-Service Cafeterias: % Transaction Growth 2018-2023
  • Table 47 Sales in Self-Service Cafeterias: % Foodservice Value Growth 2018-2023
  • Table 48 GBO Company Shares in Chained Self-Service Cafeterias: % Foodservice Value 2019-2023
  • Table 49 GBN Brand Shares in Chained Self-Service Cafeterias: % Foodservice Value 2020-2023
  • Table 50 Forecast Self-Service Cafeterias: Units/Outlets 2023-2028
  • Table 51 Forecast Sales in Self-Service Cafeterias: Number of Transactions 2023-2028
  • Table 52 Forecast Sales in Self-Service Cafeterias: Foodservice Value 2023-2028
  • Table 53 Forecast Self-Service Cafeterias: % Units/Outlets Growth 2023-2028
  • Table 54 Forecast Sales in Self-Service Cafeterias: % Transaction Growth 2023-2028
  • Table 55 Forecast Sales in Self-Service Cafeterias: % Foodservice Value Growth 2023-2028
STREET STALLS/KIOSKS IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Street stalls/kiosks attract locals and tourists with their unique local offerings
  • Bubble tea chains are expanding horizontally to the café concept
  • Chains from Mainland China enter the market, eyeing international expansion
PROSPECTS AND OPPORTUNITIES
  • Street stalls/kiosks expected to maintain relevance, especially amongst tourists
  • Offering a niche products and developing loyalty will be essential in a fragmenting channel
  • Street stalls/kiosks likely to provide more cashless payment options to better capitalise on tourist consumption
CATEGORY DATA
  • Table 56 Street Stalls/Kiosks: Units/Outlets 2018-2023
  • Table 57 Sales in Street Stalls/Kiosks: Number of Transactions 2018-2023
  • Table 58 Sales in Street Stalls/Kiosks: Foodservice Value 2018-2023
  • Table 59 Street Stalls/Kiosks: % Units/Outlets Growth 2018-2023
  • Table 60 Sales in Street Stalls/Kiosks: % Transaction Growth 2018-2023
  • Table 61 Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2018-2023
  • Table 62 GBO Company Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2019-2023
  • Table 63 GBN Brand Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2020-2023
  • Table 64 Forecast Street Stalls/Kiosks: Units/Outlets 2023-2028
  • Table 65 Forecast Sales in Street Stalls/Kiosks: Number of Transactions 2023-2028
  • Table 66 Forecast Sales in Street Stalls/Kiosks: Foodservice Value 2023-2028
  • Table 67 Forecast Street Stalls/Kiosks: % Units/Outlets Growth 2023-2028
  • Table 68 Forecast Sales in Street Stalls/Kiosks: % Transaction Growth 2023-2028
  • Table 69 Forecast Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2023-2028
CONSUMER FOODSERVICE BY LOCATION IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Consumer foodservice through standalone rebounds along with government initiatives to drive tourist consumption
  • Consumer foodservice through leisure sees a rapid rebound thanks to tourism recovery
  • New shopping centres and new concepts drive growth in consumer foodservice through retail
PROSPECTS AND OPPORTUNITIES
  • Tourism recovery to benefit players offering local flavours and local culture in their menus
  • Rethinking strategies to develop local consumption will be essential
CATEGORY DATA
  • Table 70 Consumer Foodservice by Location: Units/Outlets 2018-2023
  • Table 71 Sales in Consumer Foodservice by Location: Number of Transactions 2018-2023
  • Table 72 Sales in Consumer Foodservice by Location: Foodservice Value 2018-2023
  • Table 73 Consumer Foodservice by Location: % Units/Outlets Growth 2018-2023
  • Table 74 Sales in Consumer Foodservice by Location: % Transaction Growth 2018-2023
  • Table 75 Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2018-2023
  • Table 76 Consumer Foodservice through Standalone: Units/Outlets 2018-2023
  • Table 77 Sales in Consumer Foodservice through Standalone: Number of Transactions 2018-2023
  • Table 78 Sales in Consumer Foodservice through Standalone: Foodservice Value 2018-2023
  • Table 79 Consumer Foodservice through Standalone: % Units/Outlets Growth 2018-2023
  • Table 80 Sales in Consumer Foodservice through Standalone: % Transaction Growth 2018-2023
  • Table 81 Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2018-2023
  • Table 82 Consumer Foodservice through Leisure: Units/Outlets 2018-2023
  • Table 83 Sales in Consumer Foodservice through Leisure: Number of Transactions 2018-2023
  • Table 84 Sales in Consumer Foodservice through Leisure: Foodservice Value 2018-2023
  • Table 85 Consumer Foodservice through Leisure: % Units/Outlets Growth 2018-2023
  • Table 86 Sales in Consumer Foodservice through Leisure: % Transaction Growth 2018-2023
  • Table 87 Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2018-2023
  • Table 88 Consumer Foodservice through Retail: Units/Outlets 2018-2023
  • Table 89 Sales in Consumer Foodservice through Retail: Number of Transactions 2018-2023
  • Table 90 Sales in Consumer Foodservice through Retail: Foodservice Value 2018-2023
  • Table 91 Consumer Foodservice through Retail: % Units/Outlets Growth 2018-2023
  • Table 92 Sales in Consumer Foodservice through Retail: % Transaction Growth 2018-2023
  • Table 93 Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2018-2023
  • Table 94 Consumer Foodservice through Lodging: Units/Outlets 2018-2023
  • Table 95 Sales in Consumer Foodservice through Lodging: Number of Transactions 2018-2023
  • Table 96 Sales in Consumer Foodservice through Lodging: Foodservice Value 2018-2023
  • Table 97 Consumer Foodservice through Lodging: % Units/Outlets Growth 2018-2023
  • Table 98 Sales in Consumer Foodservice through Lodging: % Transaction Growth 2018-2023
  • Table 99 Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2018-2023
  • Table 100 Consumer Foodservice through Travel: Units/Outlets 2018-2023
  • Table 101 Sales in Consumer Foodservice through Travel: Number of Transactions 2018-2023
  • Table 102 Sales in Consumer Foodservice through Travel: Foodservice Value 2018-2023
  • Table 103 Consumer Foodservice through Travel: % Units/Outlets Growth 2018-2023
  • Table 104 Sales in Consumer Foodservice through Travel: % Transaction Growth 2018-2023
  • Table 105 Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2018-2023
  • Table 106 Forecast Consumer Foodservice by Location: Units/Outlets 2023-2028
  • Table 107 Forecast Sales in Consumer Foodservice by Location: Number of Transactions 2023-2028
  • Table 108 Forecast Sales in Consumer Foodservice by Location: Foodservice Value 2023-2028
  • Table 109 Forecast Consumer Foodservice by Location: % Units/Outlets Growth 2023-2028
  • Table 110 Forecast Sales in Consumer Foodservice by Location: % Transaction Growth 2023-2028
  • Table 111 Forecast Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2023-2028
  • Table 112 Forecast Consumer Foodservice through Standalone: Units/Outlets 2023-2028
  • Table 113 Forecast Sales in Consumer Foodservice through Standalone: Number of Transactions 2023-2028
  • Table 114 Forecast Sales in Consumer Foodservice through Standalone: Foodservice Value 2023-2028
  • Table 115 Forecast Consumer Foodservice through Standalone: % Units/Outlets Growth 2023-2028
  • Table 116 Forecast Sales in Consumer Foodservice through Standalone: % Transaction Growth 2023-2028
  • Table 117 Forecast Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2023-2028
  • Table 118 Forecast Consumer Foodservice through Leisure: Units/Outlets 2023-2028
  • Table 119 Forecast Sales in Consumer Foodservice through Leisure: Number of Transactions 2023-2028
  • Table 120 Forecast Sales in Consumer Foodservice through Leisure: Foodservice Value 2023-2028
  • Table 121 Forecast Consumer Foodservice through Leisure: % Units/Outlets Growth 2023-2028
  • Table 122 Forecast Sales in Consumer Foodservice through Leisure: % Transaction Growth 2023-2028
  • Table 123 Forecast Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2023-2028
  • Table 124 Forecast Consumer Foodservice through Retail: Units/Outlets 2023-2028
  • Table 125 Forecast Sales in Consumer Foodservice through Retail: Number of Transactions 2023-2028
  • Table 126 Forecast Sales in Consumer Foodservice through Retail: Foodservice Value 2023-2028
  • Table 127 Forecast Consumer Foodservice through Retail: % Units/Outlets Growth 2023-2028
  • Table 128 Forecast Sales in Consumer Foodservice through Retail: % Transaction Growth 2023-2028
  • Table 129 Forecast Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2023-2028
  • Table 130 Forecast Consumer Foodservice through Lodging: Units/Outlets 2023-2028
  • Table 131 Forecast Sales in Consumer Foodservice through Lodging: Number of Transactions 2023-2028
  • Table 132 Forecast Sales in Consumer Foodservice through Lodging: Foodservice Value 2023-2028
  • Table 133 Forecast Consumer Foodservice through Lodging: % Units/Outlets Growth 2023-2028
  • Table 134 Forecast Sales in Consumer Foodservice through Lodging: % Transaction Growth 2023-2028
  • Table 135 Forecast Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2023-2028
  • Table 136 Forecast Consumer Foodservice through Travel: Units/Outlets 2023-2028
  • Table 137 Forecast Sales in Consumer Foodservice through Travel: Number of Transactions 2023-2028
  • Table 138 Forecast Sales in Consumer Foodservice through Travel: Foodservice Value 2023-2028
  • Table 139 Forecast Consumer Foodservice through Travel: % Units/Outlets Growth 2023-2028
  • Table 140 Forecast Sales in Consumer Foodservice through Travel: % Transaction Growth 2023-2028
  • Table 141 Forecast Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2023-2028
LIMITED-SERVICE RESTAURANTS IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Rebound in 2023 is driven mainly by price increases
  • Establishing direct delivery services for control over delivery and revenues
  • Popularity of “This This Rice” continues, due to offering quality and value for money
PROSPECTS AND OPPORTUNITIES
  • Recovery in 2024, with new menus and concepts driving growth in the short term
  • Focus on sustainability to build brand equity will be key, especially for large chains
  • Emotional loyalty strategies will be key for players in limited-service restaurants
CATEGORY DATA
  • Table 142 Limited-Service Restaurants by Category: Units/Outlets 2018-2023
  • Table 143 Sales in Limited-Service Restaurants by Category: Number of Transactions 2018-2023
  • Table 144 Sales in Limited-Service Restaurants by Category: Foodservice Value 2018-2023
  • Table 145 Limited-Service Restaurants by Category: % Units/Outlets Growth 2018-2023
  • Table 146 Sales in Limited-Service Restaurants by Category: % Transaction Growth 2018-2023
  • Table 147 Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2018-2023
  • Table 148 GBO Company Shares in Chained Limited-Service Restaurants: % Foodservice Value 2019-2023
  • Table 149 GBN Brand Shares in Chained Limited-Service Restaurants: % Foodservice Value 2020-2023
  • Table 150 Forecast Limited-Service Restaurants by Category: Units/Outlets 2023-2028
  • Table 151 Forecast Sales in Limited-Service Restaurants by Category: Number of Transactions 2023-2028
  • Table 152 Forecast Sales in Limited-Service Restaurants by Category: Foodservice Value 2023-2028
  • Table 153 Forecast Limited-Service Restaurants by Category: % Units/Outlets Growth 2023-2028
  • Table 154 Forecast Sales in Limited-Service Restaurants by Category: % Transaction Growth 2023-2028
  • Table 155 Forecast Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2023-2028