We give an APAC market overview, highlighting the ultra-premium nature of the Hong Kong pet market and focus on the drivers behind the demand for premium pet products, especially pet healthcare products.
According to Euromonitor, Hong Kong recorded one of the fastest growing markets for meat-substitutes in Asia Pacific in 2020. Sabrina Sakhrani, General Manager of Euromonitor International's Hong Kong office interviewed Next Gen Foods about the company's newly established plant-based chicken TiNDLE, together with Classic Fine Foods, its distributor, on their visions, insights and disruptions in the plant-based field.
The meat substitutes market in Hong Kong continues to grow fast, accelerated by the entry of two leading plant-based meat providers, Beyond Meat and Impossible Meat. After the long disruption caused by the Coronavirus (COVID-19) pandemic in 2020, TiNDLE, an alternative chicken provider, is now partnering with local fine dining restaurants to establish itself in Hong Kong. With additional insight from Classic Fine Food, a premium food specialist operating across Europe, the Middle East and Asia, there is clear and significant potential for meat substitutes in the region, and long term growth.
The traditional, rice-based alcoholic drink sake has always been part of the life and national culture of Japanese people, both on special and daily occasions. However, the Japanese market is shrinking, and sake breweries are looking for future…
A version of this article originally appeared in the Coffee and Tea digital issue of Food & Beverage Insider. Brewed from high-quality tea leaves mixed with ingredients and toppings, such as fruit and whipped cheese, new-style tea drinks are…
Hong Kong consumers enjoy a good glass of malt. However, a multitude of external factors have heavily impacted both the consumption and production of whisky. Sales of whisky have suffered, with social unrest in Hong Kong and the Coronavirus…
Despite being negatively impacted by COVID-19, the fashion market in Hong Kong has shown resilience in the sportswear sector. Performance and outdoor sportswear performed especially well in spite of the pandemic, due to consumers in Hong Kong…
With the Coronavirus (COVID-19) pandemic forcing many people to stay at home for protracted periods of time, consumer demand for food delivery has been growing massively in China’s Guangdong-Hong Kong-Macau Greater Bay Area (GBA), which will be…