Hong Kong Plant-Based Milk Market to 2032
Overview
The Hong Kong Plant-Based Milk Market is expected to reach a 178.61 USD Million by 2032 and is projected to grow at a CAGR of 10.25% from 2025 to 2032.
Revenue, 2024 (USD Million)
82.91
Forecast, 2032 (USD Million)
178.61
CAGR, 2024 - 2032
10.25%
Report Coverage
Hong Kong
Hong Kong Plant-Based Milk Market 2018-2032 USD Million
Hong Kong Plant-Based Milk Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 82.91 USD Million
- Projected Market Size (2032): 178.61 USD Million
- CAGR (2025-2032): 10.25%
Key Findings of Hong Kong Plant-Based Milk Market
- The Hong Kong Plant-Based Milk Market was valued at 82.91 USD Million in 2024.
- The Hong Kong Plant-Based Milk Market is likely to grow at a CAGR of 10.25% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Liquid in Form Segment accounted for the largest share of the market with a revenue of 73.98 USD Million
- The fastest growing segment Soy Milk in Product Type Segment grew Fastest with a CAGR of 11.52% during the forecast period from 2024 to 2032.
Hong Kong Plant-Based Milk Market Scope
Hong Kong Plant-Based Milk Market Segmentation & Scope
Product Type
- Pumpkin Seed Milk
- Hemp Milk
- Macadamia Milk
- Pea Milk
- Flax Milk
- Hazelnut Milk
- Others
- Walnut Milk
- Cashew Milk
- Rice Milk
- Oat Milk
- Coconut Milk
- Almond Milk
- Soy Milk
Application
- Commercial
- Household
Distribution Channel
- Store Based
- Non-Store Based
Packaging Material
- Metal
- Plastic
- Glass
Packaging Quantity
- Less Than 100 ML
- More Than 1000 ML
- 110 ML
- 500 ML
- 250 ML
- 1000 ML
Price
- Luxury
- Premium
- Mass
Type
- Shelf Stable Milk
- Refrigerated Milk
Nature
- Organic
- Conventional
Form
- Powder
- Liquid
Sweetness
- Sweetened
- Unsweetened
Flavor
- Flavored
- Original/Unflavored
Packaging Type
- Sachets
- Jars
- Others
- Can
- Pouches
- Bottles
- Tetra Packs
Shelf Life
- 1–2 Weeks
- Above 6 Months
- 2–4 Weeks
- 1–6 Months
Claims
- Without Claim
- With Claim
Hong Kong Plant-Based Milk Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 82.91 USD Million |
| Market Value in 2032 | 178.61 USD Million |
| CAGR (2025-2032) | 10.25% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Application,Distribution Channel,Packaging Material,Packaging Quantity,Price ,Type,Nature,Form,Sweetness,Flavor,Packaging Type,Shelf Life,Claims |
Regional Insights:
-
Leading Market (2024-2032): Hong Kong, leading in terms of revenue 82.91 USD Million in 2024
- Key Country: Hong Kong, leading in terms of revenue with value of 82.91 USD Million in 2024.
Segments and Scope
-
Hong Kong Plant-Based Milk Market to 2032, By Product Type
- Soy Milk is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 30.56 USD Million in the year 2024.
- Soy Milk is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 11.52 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Application
- Household is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 58.20 USD Million in the year 2024.
- Household is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.53 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Distribution Channel
- Non-Store Based is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 63.10 USD Million in the year 2024.
- Non-Store Based is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.36 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Packaging Material
- Glass is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 41.60 USD Million in the year 2024.
- Glass is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.62 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Packaging Quantity
- 1000 ML is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 43.35 USD Million in the year 2024.
- 1000 ML is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.69 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Price
- Mass is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 43.31 USD Million in the year 2024.
- Mass is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.63 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Type
- Refrigerated Milk is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 71.40 USD Million in the year 2024.
- Refrigerated Milk is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.37 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Nature
- Conventional is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 58.85 USD Million in the year 2024.
- Conventional is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.55 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Form
- Liquid is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 73.98 USD Million in the year 2024.
- Liquid is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.34 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Sweetness
- Unsweetened is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 64.19 USD Million in the year 2024.
- Unsweetened is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.48 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Flavor
- Original/Unflavored is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 44.05 USD Million in the year 2024.
- Original/Unflavored is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.90 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Packaging Type
- Tetra Packs is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 44.92 USD Million in the year 2024.
- Tetra Packs is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.69 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Shelf Life
- 1–6 Months is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 34.17 USD Million in the year 2024.
- 1–6 Months is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 11.01 % in forecast period 2025-2032.
-
Hong Kong Plant-Based Milk Market to 2032, By Claims
- With Claim is the largest segment in Hong Kong Plant-Based Milk Market to 2032 with a revenue of 52.30 USD Million in the year 2024.
- With Claim is the Fastest growing segment in Hong Kong Plant-Based Milk Market to 2032 with a Growth rate of 10.68 % in forecast period 2025-2032.
Hong Kong Plant-Based Milk Market Company Share Analysis
| Company Name |
|
||
| general mills inc. | |||
| Danone | |||
| kikkoman corporation | |||
| Otsuka Foods Co., Ltd. | |||
| Mondelēz International | |||
Hong Kong Plant-Based Milk Market Geographical Sales Distribution, 2018-2032 USD Million
Hong Kong Plant-Based Milk Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Hong Kong Plant-Based Milk Market is segmented based on Segmentation Product Type,Application,Distribution Channel,Packaging Material,Packaging Quantity,Price ,Type,Nature,Form,Sweetness,Flavor,Packaging Type,Shelf Life,Claims.
Hong Kong Plant-Based Milk Market was valued at USD 82.91(Revenue in USD Million) in 2024.
Hong Kong Plant-Based Milk Market is projected to grow at a CAGR of 10.25% during the forecast period of 2024 to 2032.
The Liquid segment is expected to dominate the Hong Kong Plant-Based Milk Market, holding a largest market share of 73.98 USD Million in 2024
Hong Kong Plant-Based Milk Market Scope
Hong Kong Plant-Based Milk Market Segmentation & Scope
Product Type
- Pumpkin Seed Milk
- Hemp Milk
- Macadamia Milk
- Pea Milk
- Flax Milk
- Hazelnut Milk
- Others
- Walnut Milk
- Cashew Milk
- Rice Milk
- Oat Milk
- Coconut Milk
- Almond Milk
- Soy Milk
Application
- Commercial
- Household
Distribution Channel
- Store Based
- Non-Store Based
Packaging Material
- Metal
- Plastic
- Glass
Packaging Quantity
- Less Than 100 ML
- More Than 1000 ML
- 110 ML
- 500 ML
- 250 ML
- 1000 ML
Price
- Luxury
- Premium
- Mass
Type
- Shelf Stable Milk
- Refrigerated Milk
Nature
- Organic
- Conventional
Form
- Powder
- Liquid
Sweetness
- Sweetened
- Unsweetened
Flavor
- Flavored
- Original/Unflavored
Packaging Type
- Sachets
- Jars
- Others
- Can
- Pouches
- Bottles
- Tetra Packs
Shelf Life
- 1–2 Weeks
- Above 6 Months
- 2–4 Weeks
- 1–6 Months
Claims
- Without Claim
- With Claim
Frequently Asked Questions
The Hong Kong Plant-Based Milk Market is segmented based on Segmentation Product Type,Application,Distribution Channel,Packaging Material,Packaging Quantity,Price ,Type,Nature,Form,Sweetness,Flavor,Packaging Type,Shelf Life,Claims.
Hong Kong Plant-Based Milk Market was valued at USD 82.91(Revenue in USD Million) in 2024.
Hong Kong Plant-Based Milk Market is projected to grow at a CAGR of 10.25% during the forecast period of 2024 to 2032.
The estimated market value of the Hong Kong Plant-Based Milk Market for final year is USD 178.61 (USD Million).
Hong Kong Plant-Based Milk Market Company Profiling
Frequently Asked Questions
The Hong Kong Plant-Based Milk Market is segmented based on Segmentation Product Type,Application,Distribution Channel,Packaging Material,Packaging Quantity,Price ,Type,Nature,Form,Sweetness,Flavor,Packaging Type,Shelf Life,Claims.
Hong Kong Plant-Based Milk Market was valued at USD 82.91(Revenue in USD Million) in 2024.
Hong Kong Plant-Based Milk Market is projected to grow at a CAGR of 10.25% during the forecast period of 2024 to 2032.
The estimated market value of the Hong Kong Plant-Based Milk Market for final year is USD 178.61 (USD Million).
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