Soup in Hong Kong, China

Soup in Hong Kong, China

Soup had witnessed double-digit retail volume growth in 2020 due to the home seclusion trend and increased at-home cooking, and despite predictions for declines in 2021, overall demand is likely to remain above pre-pandemic levels. Within broth, ongoing trends include consumers’ greater pursuit of umami and naturalness. Since 2020, the pandemic’s impact on increased at-home eating occasions has boosted consumers’ general health awareness. To address weight gain and general lack of mobility due t...

Euromonitor International's Soup in Hong Kong, China report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2016-2020, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2025, clearly indicating how the market is expected to change.

Product coverage: Chilled Soup, Dehydrated Soup, Frozen Soup, Instant Soup, Shelf Stable Soup.

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

Why buy this report?
* Get a detailed picture of the Soup 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.


Soup in Hong Kong, China
Euromonitor International
December 2021
List Of Contents And Tables
SOUP IN HONG KONG, CHINA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Umami and naturalness gain momentum within broth
Western soup fulfils diverse range of eating occasions
Resumption of bricks-and-mortar promotions likely
PROSPECTS AND OPPORTUNITIES
Growing competition for broth as a base for simple dishes and hot pots
Increasing popularity of ready-to-drink soup
CATEGORY DATA
Table 1 Sales of Soup by Category: Volume 2016-2021
Table 2 Sales of Soup by Category: Value 2016-2021
Table 3 Sales of Soup by Category: % Volume Growth 2016-2021
Table 4 Sales of Soup by Category: % Value Growth 2016-2021
Table 5 Sales of Soup by Leading Flavours: Rankings 2016-2021
Table 6 NBO Company Shares of Soup: % Value 2017-2021
Table 7 LBN Brand Shares of Soup: % Value 2018-2021
Table 8 Distribution of Soup by Format: % Value 2016-2021
Table 9 Forecast Sales of Soup by Category: Volume 2021-2026
Table 10 Forecast Sales of Soup by Category: Value 2021-2026
Table 11 Forecast Sales of Soup by Category: % Volume Growth 2021-2026
Table 12 Forecast Sales of Soup by Category: % Value Growth 2021-2026
CHART 1 Cooking Ingredients and Meals Value Sales Growth Scenarios: 2019-2026
CHART 2 Cooking Ingredients and Meals Impact of Drivers on Value Sales: 2018-2026
COOKING INGREDIENTS AND MEALS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Cooking ingredients and meals in 2021: The big picture
Cooking styles and applications continue to diversify
Naturalness, authenticity and umami thriving in Chinese-style products
Dominant supermarkets continues to lose ground to alternative channels
Future of plant-based cooking ingredients and meals
MARKET DATA
Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2016-2021
Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2016-2021
Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2016-2021
Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2016-2021
Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2017-2021
Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2018-2021
Table 19 Penetration of Private Label by Category: % Value 2016-2021
Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2016-2021
Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2021-2026
Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2021-2026
Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2021-2026
Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources

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