In line with greater mobility outside of the home as restrictions in Hong Kong continue to ease, foodservice demand for sweet spreads will regain growth momentum, with volume sales set to fully recover to pre-pandemic levels by 2025. Such a change will have a marginal impact on retail sales of sweet spreads as local consumers have less time to prepare breakfast or spend time at home snacking.
Since the pandemic, consumers have started to reassess their diets and search for healthier food options. Given the maturing demand for nut and seed based spreads, players may consider ways to add value to their products to retain consumers’ attention.
Honey is set to sustain moderate growth over the forecast period. Like many other packaged food categories, honey made significant gains in terms of retail sales during the pandemic.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sweet Spreads industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.See All of Our Definitions
This report originates from Passport, our Sweet Spreads research and analysis database.
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