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Wednesday, 20 November 2013

Hong Kong Food and Drink Report 2014:Food & Beverage Market Research Reports

Food & Beverage Market Research Reports
 
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Hong Kong Food and Drink Report 2014
Nov 20th 2013, 00:00, by vyankatesh

BMI View: Consumer goods segments in Hong Kong have been relatively well developed for some time, and given the country’s population of 7.15mn, investment opportunities in the food and drink market are scarce. Additionally, the economy continues to struggle following the recession of 2008-2009, with GDP growth slowing significantly to around 2% in 2012-2013; this is weighing on consumption of non-essential goods and investment. Generally speaking, most food and drink segments are highly mature, although consumers remain interested in novelty and convenience, which still provides opportunities for food and drink companies. Headline Industry Data (local currency) ? 2014 per capita …

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