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Country Report

Hong Kong, China Flag Ready Meals in Hong Kong, China

| Pages: 28

Price: US$990

About this Report

Executive Summary

TRENDS

  • Ready meals saw retail current value growth of 4% in 2015, which was in line with the review period CAGR. The demand for ready meals was stable owing to the increasingly hectic lifestyles of consumers. As the economy showed signs of slowing down in 2015, employees worked longer hours to increase their output. Being time-strapped, consumers chose ready meals as a cheaper and/or quicker meal solution compared with cooking or dining out.

COMPETITIVE LANDSCAPE

  • China National Cereals, Oils & Foodstuffs Imp & Exp Corp (COFCO) was the leading player in ready meals in 2015, with a 45% retail value share. COFCO benefited from a strong presence within shelf stable ready meals, where it held over one half of retail value shares. The company has a strong distribution network for its brands, such as Maling, Narcissus and Great Wall, which are sold through both modern and traditional retail outlets.

PROSPECTS

  • Ready meals is predicted to see a flat retail value CAGR at constant 2015 prices over the forecast period, which is a slight improvement on the review period performance. Demand will continue to be driven by consumers with busy lifestyles. Because consumers of ready meals tend to stick with familiar options, companies are likely to scale back on research and development. Thus, the category is expected to see few product launches that help to attract new consumers over the forecast period.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Ready meals industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Ready meals industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Ready meals in Hong Kong, China market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volumes and values, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • What is the market size of Ready meals in Hong Kong, China?
  • What are the major brands in Hong Kong, China?
  • Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than eating at home?
  • How are manufacturers leveraging popular restaurant chains to help more austere consumers recreate a restaurant experience at home?
  • How much are consumers willing to pay for convenience?

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Packaged Food market research database.

Table of Contents

Ready Meals in Hong Kong, China - Category Analysis

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

CATEGORY DATA

  • Table 1 Sales of Ready Meals by Category: Volume 2010-2015
  • Table 2 Sales of Ready Meals by Category: Value 2010-2015
  • Table 3 Sales of Ready Meals by Category: % Volume Growth 2010-2015
  • Table 4 Sales of Ready Meals by Category: % Value Growth 2010-2015
  • Table 5 Sales of Frozen Ready Meals by Ethnicity: % Value 2010-2015
  • Table 6 NBO Company Shares of Ready Meals: % Value 2011-2015
  • Table 7 LBN Brand Shares of Ready Meals: % Value 2012-2015
  • Table 8 Distribution of Ready Meals by Format: % Value 2010-2015
  • Table 9 Forecast Sales of Ready Meals by Category: Volume 2015-2020
  • Table 10 Forecast Sales of Ready Meals by Category: Value 2015-2020
  • Table 11 Forecast Sales of Ready Meals by Category: % Volume Growth 2015-2020
  • Table 12 Forecast Sales of Ready Meals by Category: % Value Growth 2015-2020

Ready Meals in Hong Kong, China - Company Profiles

Amoy Food Ltd in Packaged Food (Hong Kong, China)

STRATEGIC DIRECTION

KEY FACTS

  • Summary 1 Amoy Food Ltd: Key Facts

COMPETITIVE POSITIONING

  • Summary 2 Amoy Food Ltd: Competitive Position 2015

Packaged Food in Hong Kong, China - Industry Context

EXECUTIVE SUMMARY

Packaged food retains positive momentum

Stable economic growth and unemployment rate

International players dominate packaged food

Supermarkets remains the leading distribution channel

Packaged food’s performance is set to slow down

KEY TRENDS AND DEVELOPMENTS

Hong Kong’s stable GDP growth benefits packaged food

Low birth rate and ageing population in Hong Kong limit packaged food

Consumers’ health-consciousness continues to rise

International manufacturers dominate packaged food

FOODSERVICE: KEY TRENDS AND DEVELOPMENTS

Headlines

Trends: Sales to foodservice

Trends: Consumer foodservice

Prospects

Category Data

  • Table 13 Foodservice Sales of Packaged Food by Category: Volume 2010-2015
  • Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2010-2015
  • Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2015-2020
  • Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020

MARKET DATA

  • Table 17 Sales of Packaged Food by Category: Volume 2010-2015
  • Table 18 Sales of Packaged Food by Category: Value 2010-2015
  • Table 19 Sales of Packaged Food by Category: % Volume Growth 2010-2015
  • Table 20 Sales of Packaged Food by Category: % Value Growth 2010-2015
  • Table 21 GBO Company Shares of Packaged Food: % Value 2011-2015
  • Table 22 NBO Company Shares of Packaged Food: % Value 2011-2015
  • Table 23 LBN Brand Shares of Packaged Food: % Value 2012-2015
  • Table 24 Penetration of Private Label by Category: % Value 2010-2015
  • Table 25 Distribution of Packaged Food by Format: % Value 2010-2015
  • Table 26 Distribution of Packaged Food by Format and Category: % Value 2015
  • Table 27 Forecast Sales of Packaged Food by Category: Volume 2015-2020
  • Table 28 Forecast Sales of Packaged Food by Category: Value 2015-2020
  • Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2015-2020
  • Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2015-2020

SOURCES

  • Summary 3 Research Sources

Segmentation

This market research report includes the following:

  • Ready Meals
    • Shelf Stable Ready Meals
    • Chilled Lunch Kits
    • Chilled Pizza
    • Chilled Ready Meals
    • Dinner Mixes
    • Dried Ready Meals
    • Frozen Pizza
    • Frozen Ready Meals
    • Prepared Salads

Statistics Included

For each category and subcategory you will receive the following data in Excel format:

From Passport

  • Market Sizes
  • Company Shares
  • Brand Shares
  • Distribution
  • Analysis By Ethnicity
  • Pricing
  • Products by Ingredient

Market size details:

  • Retail volume
  • Retail volume % growth
  • Retail volume per capita
  • Foodservice volume
  • Foodservice volume % growth
  • Foodservice volume per capita
  • Total volume
  • Total volume % growth
  • Total volume per capita
  • Retail value retail selling price % growth
  • Retail value retail selling price local currency, USD, EUR, GBP, CHF, JPY
  • Retail value retail selling price per capita local currency, USD, EUR, GBP, CHF, JPY
  • Retail value manufacturer selling price % growth
  • Retail value manufacturer selling price local currency, USD, EUR, GBP, CHF, JPY
  • Retail value manufacturer selling price per capita local currency, USD, EUR, GBP, CHF, JPY
  • Retail volume (tonnes)
  • Retail volume (tonnes) % growth
  • Retail volume (tonnes) per capita
  • Foodservice volume (tonnes)
  • Foodservice volume (tonnes) % growth
  • Foodservice volume (tonnes) per capita
  • Total volume (tonnes)
  • Total volume (tonnes) % growth
  • Total volume (tonnes) per capita

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