While overall drinking milk sales increased slightly in 2020, powder milk saw a drastic decline in demand, similar to the situation within infant milk formula. In 2019, anti-extradition law amendment bill protests resulted in a drop in Chinese tourists visiting Hong Kong, who have been heavy purchasers of powder milk, especially brands designed for bone, joint and vision health. During the COVID-19 pandemic, this situation intensified. Considering multiple entrance restrictions and compulsory qu...
Euromonitor International’s Drinking Milk Products 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.
Product coverage: Flavoured Milk Drinks, Milk, Milk Alternatives, Powder Milk.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Drinking Milk Products 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.
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