Hong Kong Wheat Flour Market - Growth, Trends, and Forecast (2022 - 2030)

The market is driven by the increasing demand for wheat flour in the food service industry and packaged food products in several applications, including bakery, instant noodles, frozen food, and other wheat-based processed food products. Food service restaurants that rely on bulk wheat flour are also driving the market in Hong Kong.

Food Service Market as the Key Demand Driver

The Hong Kong wheat flour industry is heavily reliant on the catering market for its demand. The value chain of grocery supply initiates from manufacturers and brand owners who produce raw materials, which are then distributed via food and beverage wholesalers, distributors or agents to catering establishments for end consumers.

Food Industry Consumption Dominates the Market

Wheat is an indispensable ingredient in most of the cuisines in Hong Kong. Instant noodles and Chinese fast noodles are the two most important segments of the food industry in the country, making an active use of wheat flour. Hong Kong represents a potential market place for value-added processed food products made from wheat flour. The increase in consumption of convenience and processed foods, such as noodles and bread, is contributing to the increase in wheat‐based foods. Wheat-based products hold the second highest position, in terms of consumption as staple food, following the rice-based products.

Major players - BOBS RED MILL, FEDERAL FLOUR MILLS, GENERAL MILLS, INTERFLOUR GROUP, ITC, KINOSHITA FLOUR MILLS, LAM SOON HONG KONG GROUP, PATANJALI, PRIMA LTD., PT. SRIBOGA FLOUR MILL, among others.

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