PACKAGED FOOD

08 November 2017

“To make the best out of the Chinese market, one must go into the market and try to understand its culture, understand its customer demand, and be prepared and determined to take root and stay on there,” said Jack Lam, in an interview with HKTDC Research. His company, Valley Holdings, has operated on the mainland for the last 20 years, providing valuable information for industry players wishing to enter the Chinese food market. More

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The Philippine Food Market: How Hong Kong Can Best Serve

22 December 2014

Increasing urbanisation and growing incomes in the Philippines are creating robust demand for quality imported food products, as well as attracting more international catering services brands to the country. This positive economic environment provides good opportunities for Hong Kong food and beverages companies to enter this fast-expanding Southeast Asian market. More

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China’s packaged food market: consumers’ online shopping preferences

09 July 2014

Wide range of product, easy price comparison, speedy delivery and other advantages offered by shopping websites have fuelled the rapid growth of online shopping in China. Today large numbers of Chinese consumers shop online regularly. According to a survey by HKTDC, 34% of the respondents have shopped online for packaged food. Among these, 79% have bought snack food online. More

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Chinese consumers increasingly sensitive to imported food origins

08 July 2014

Previously, consumers bought imported food mainly as gifts and the preference was to buy mid- to high-end items of famous brands. Now, with consumer confidence in domestically produced food shaken, the market for imported food for self-consumption has been growing relentlessly, offering imported food of different grades opportunities to enter the mainland market and establish their brands. According to a HLTDC survey, consumers are increasingly sensitive about the place of origin. More

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China’s packaged food market: growing in size and quality

07 July 2014

The changing lifestyles brought about by urbanisation and the quickening tempo of life are all driving an increase in demand for packaged food. According to a study on China’s packaged food market by HKTDC, consumers’ health awareness is growing continuously and 70% of the respondents agree that they are “now buying more than before food that is advertised as healthy even if prices are higher”. More

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China's packaged food market: consumer preferences and spending patterns (Executive summary)

13 June 2014

According to a survey by HKTDC, 81% of the respondents agree that they are now buying more packaged food than before. Consumers are increasingly “sophisticated” and they are trying out a lot more new products. 58% of the respondents agree that they are now buying more imported packaged food than before. More

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Indonesia’s food and drink market: putting Hong Kong on the menu

09 April 2014

Indonesians’ rising purchasing power and hectic urban lifestyles are driving solid growth in the country’s food and beverage (F&B) sector, which is increasingly keen to embrace international cuisines and attracting overseas F&B operators. Riding on its reputation as a “Gourmet Paradise”, Hong Kong F&B brands and franchisors are well placed to enter the lucrative market. Aside from taking proactive marketing, finding the right local partner and distribution channels are all key to success here. More

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China's packaged food market: the advantages of the Hong Kong platform

13 November 2013

Hong Kong companies have been purchasing large quantities of imported food from abroad for both the local and mainland markets. Hong Kong is well-poised to become a distribution and trading centre for imported food and beverage destined for China. Hong Kong can also act as a product sale and market testing platform for foreign food companies planning to develop the mainland market, and can formulate the right marketing and promotional strategies for the products. More