Global Edible Oils in Hong Kong, China Market Statistics, Development and Growth for 2020

[Wisguys Reports]

Edible oils will see the most drastic decline of foodservice sales within cooking ingredients and meals in Hong Kong in 2020 as consumers stay home due to COVID-19 restrictions. Foodservice has experienced much decreased demand in general, causing all different types of oil to suffer to a similar extent. Soy oil has been the most extensively used foodservice oil in various foodservice genres due to its high cost-performance value (namely, it has a low cost and high boiling point). Lower-priced r…

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Euromonitor International’s Edible Oils in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.

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Product coverage: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

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

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

Euromonitor International has over 40 years’ experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Content

KEY DATA FINDINGS
2020 IMPACT
Drastic decrease in foodservice sales of edible oils due to consumers staying at home

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Minimal retail growth of oil despite consumers spending more time at home
Edible oil player positions remain stable, price remains key factor

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RECOVERY AND OPPORTUNITIES
High smoke point expected to be promoted as a key selling point

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