FOOD & BEVERAGES

The size of the “internet + catering” market has grown rapidly on the mainland, with online-to-offline (O2O) food sales rising 29.5% between 2015 and 2016 to reach RMB209.2 billion. According to the findings of a series of focus group discussions commissioned by HKTDC, mainland consumers are not only willing to pay more for nutritious and healthy food but also for tamper-proof containers. More

Imports and exports from Latin America form a small but rapidly growing part of Hong Kong’s total trade. The region could well be useful as a hedge should US demand for Hong Kong’s products fall as a result of the Sino-US trade dispute. It will also be a potential new client for Hong Kong’s services as its businesses make inroads into the mainland Chinese market. More

Restaurants with special themes and those offering unique consumer experiences have become one of the major attractions offered by retail districts and shopping malls looking to bring in more consumers. Focus group discussions conducted by HKTDC on the mainland catering market indicate that consumers are becoming increasingly demanding about their food and their appetite for high-end catering continues to grow. More