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Country Report

Sauces, dressings and condiments in

Sauces, Dressings and Condiments in Hong Kong, China

Nov 2018

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Consumers adopt healthier eating habits

Hong Kong’s supermarkets offer a massive range of sauces, dressings and condiments, ranging from cooking sauces and dips to all-purpose marinades and pasta sauces, all of which aim to make consumers’ lives easier in the kitchen. In 2018, it was noticeable that manufacturers started to launch healthier products.

New innovations seen in salad dressings

Salad dressings in Hong Kong are no longer used only for salads. In 2018, innovation was observed in terms of both salad dressing flavours and cooking applications.

New packaging formats make life easier

Several key players in Hong Kong introduced new packaging formats to offer consumers greater convenience. Under its Knorr brand, Unilever Hong Kong, for instance, launched liquid chicken stock in a new squeezable bottle in mid-2017.

COMPETITIVE LANDSCAPE

Healthy and fresh ingredients

Heinz Hong Kong is a longstanding and well-established brand manufacturer in Hong Kong, with its strength being the quality of its sauces, dressings and condiments. Under its Classico brand of pasta sauces, it introduced two new flavours, Tomato & Basil and Light Creamy Alfredo, in 2017, with the latter containing 65% less fat and 55% fewer calories than traditional Alfredo sauces.

Campbell Soup focuses on pasta dishes which can be cooked in 10 minutes

Campbell Soup Asia hired celebrity chef Christian Yang to match its pasta sauces with different types of pasta during 2017 and 2018. An array of Western recipes and video shoots were shared on its official website and YouTube, respectively, showcasing simple pasta dishes which can be prepared in 10 minutes, with these largely targeted at busy working people.

An emphasis on salt reduction

In soy sauces, in late 2017, Amoy Food focused on heavily promoting its newly-launched First Extract Reduced Salt Soy Sauce, Reduced Salt Oyster Sauce and First Extract Reduced Salt Soy Sauce with Black Bean, which contain 40% less salt than Amoy Silver Label Light Soy Sauce and are made with non-GMO soya beans and black beans. These aim to cater for the needs of health-conscious consumers.

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Samples

Sauces, Dressings and Condiments Sample Sauces, Dressings and Condiments Sample Data

Overview

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.

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Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Sauces, dressings and condiments 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 Sauces, dressings and condiments industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Sauces, dressings and condiments 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 Sauces, dressings and condiments 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 much are consumers willing to pay for convenience?
What are sales opportunities for healthier products (ie, low-fat, low-salt)?

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.

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Sauces, Dressings and Condiments in Hong Kong, China - Category analysis

HEADLINES

PROSPECTS

Consumers adopt healthier eating habits

New innovations seen in salad dressings

New packaging formats make life easier

COMPETITIVE LANDSCAPE

Healthy and fresh ingredients

Campbell Soup focuses on pasta dishes which can be cooked in 10 minutes

An emphasis on salt reduction

CATEGORY DATA

Table 1 Sales of Sauces, Dressings and Condiments by Category: Volume 2013-2018
Table 2 Sales of Sauces, Dressings and Condiments by Category: Value 2013-2018
Table 3 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2013-2018
Table 4 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2013-2018
Table 5 Sales of Cooking Sauces by Type: % Value 2013-2018
Table 6 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2014-2018
Table 7 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2015-2018
Table 8 Distribution of Sauces, Dressings and Condiments by Format: % Value 2013-2018
Table 9 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2018-2023
Table 10 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2018-2023
Table 11 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2018-2023
Table 12 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2018-2023

Packaged Food in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

Packaged food registers consistent growth in 2018

Convenience and on-the-go eating remain major trends

International brands remain unchallenged at the top of packaged food

Internet retailing becomes more important due to demand for niche products

The health and wellness trend set to be a strong influence over the forecast period

FOODSERVICE

Sales to Foodservice

Rising interest in eating out for breakfast supports growth in breakfast cereals and baked goods
Instant noodles continues to register declining foodservice volume sales as sales of frozen noodles boom
COFCO remains at the forefront of the supply of packaged food to the consumer foodservice industry

Consumer Foodservice

Convenience remains the number one priority for Hong Kong’s extremely busy consumers
Premiumisation and healthier eating set to remain major consumer trends
Independent restaurants continue to present greater challenges to chained players

CATEGORY DATA

Table 13 Foodservice Sales of Packaged Food by Category: Volume 2013-2018
Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2018-2023
Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2018-2023

MARKET DATA

Table 17 Sales of Packaged Food by Category: Volume 2013-2018
Table 18 Sales of Packaged Food by Category: Value 2013-2018
Table 19 Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 20 Sales of Packaged Food by Category: % Value Growth 2013-2018
Table 21 GBO Company Shares of Packaged Food: % Value 2014-2018
Table 22 NBO Company Shares of Packaged Food: % Value 2014-2018
Table 23 LBN Brand Shares of Packaged Food: % Value 2015-2018
Table 24 Penetration of Private Label by Category: % Value 2013-2018
Table 25 Distribution of Packaged Food by Format: % Value 2013-2018
Table 26 Distribution of Packaged Food by Format and Category: % Value 2018
Table 27 Forecast Sales of Packaged Food by Category: Volume 2018-2023
Table 28 Forecast Sales of Packaged Food by Category: Value 2018-2023
Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2018-2023
Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2018-2023

Megatrends

Country Report

Sauces, Dressings and Condiments in Hong Kong, China

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Consumers adopt healthier eating habits

New innovations seen in salad dressings

New packaging formats make life easier

COMPETITIVE LANDSCAPE

Healthy and fresh ingredients

Campbell Soup focuses on pasta dishes which can be cooked in 10 minutes

An emphasis on salt reduction

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Table of Contents

Sauces, Dressings and Condiments in Hong Kong, China - Category analysis

HEADLINES

PROSPECTS

Consumers adopt healthier eating habits

New innovations seen in salad dressings

New packaging formats make life easier

COMPETITIVE LANDSCAPE

Healthy and fresh ingredients

Campbell Soup focuses on pasta dishes which can be cooked in 10 minutes

An emphasis on salt reduction

CATEGORY DATA

Packaged Food in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

Packaged food registers consistent growth in 2018

Convenience and on-the-go eating remain major trends

International brands remain unchallenged at the top of packaged food

Internet retailing becomes more important due to demand for niche products

The health and wellness trend set to be a strong influence over the forecast period

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

CATEGORY DATA

MARKET DATA

SOURCES

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