| Product Code: ETC4848825 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Hong Kong continued to see a high concentration of buttermilk import shipments, with top exporting countries including China, Vietnam, Switzerland, Japan, and Taiwan. The high Herfindahl-Hirschman Index (HHI) indicates a market dominated by a few key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 4.19%, with a notable growth rate of 8.29% from 2023 to 2024. This data suggests a sustained demand for buttermilk in Hong Kong, with significant contributions from key trading partners in the region.

The buttermilk market in Hong Kong is linked to the growing popularity of dairy-based products. Used in cooking and baking, demand is fueled by the food processing industry and increasing consumer interest in traditional and artisanal food products.
The buttermilk market in Hong Kong is influenced by the increasing consumer interest in dairy-based products and health-conscious dietary choices. As awareness of the nutritional benefits of buttermilk rises, its use in various culinary applications, including baking and cooking, is also growing. The trend towards natural and organic food products is further driving the demand for buttermilk among consumers.
The buttermilk market in Hong Kong is affected by fluctuating dairy prices and competition from plant-based alternatives. Health concerns over dairy consumption, combined with an increasing number of lactose-intolerant consumers, also limit market growth. Additionally, sourcing high-quality buttermilk ingredients locally can be a challenge.
In the Buttermilk market, Hong Kong government plays a vital role in regulating food safety standards to ensure the quality of dairy products. Regulatory frameworks are established to oversee the production and distribution of buttermilk, ensuring compliance with health and safety regulations. The government supports local dairy farmers through subsidies and programs that promote sustainable farming practices. Initiatives aimed at increasing consumer awareness about the nutritional benefits of buttermilk also contribute to market growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Buttermilk Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Buttermilk Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Buttermilk Market - Industry Life Cycle |
3.4 Hong Kong Buttermilk Market - Porter's Five Forces |
3.5 Hong Kong Buttermilk Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Buttermilk Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.7 Hong Kong Buttermilk Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Buttermilk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of buttermilk |
4.2.2 Growing demand for dairy products in Hong Kong |
4.2.3 Rising popularity of buttermilk-based recipes and beverages |
4.3 Market Restraints |
4.3.1 Fluctuating prices of dairy products |
4.3.2 Competition from alternative plant-based milk products |
4.3.3 Regulatory challenges related to dairy product imports |
5 Hong Kong Buttermilk Market Trends |
6 Hong Kong Buttermilk Market Segmentations |
6.1 Hong Kong Buttermilk Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Buttermilk Market Revenues & Volume, By Powder, 2021-2031F |
6.1.3 Hong Kong Buttermilk Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Hong Kong Buttermilk Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Buttermilk Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.2.3 Hong Kong Buttermilk Market Revenues & Volume, By Foodservice Industry, 2021-2031F |
6.2.4 Hong Kong Buttermilk Market Revenues & Volume, By Processed Food Industry, 2021-2031F |
6.3 Hong Kong Buttermilk Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Buttermilk Market Revenues & Volume, By Business to Business, 2021-2031F |
6.3.3 Hong Kong Buttermilk Market Revenues & Volume, By Business to Consumer, 2021-2031F |
7 Hong Kong Buttermilk Market Import-Export Trade Statistics |
7.1 Hong Kong Buttermilk Market Export to Major Countries |
7.2 Hong Kong Buttermilk Market Imports from Major Countries |
8 Hong Kong Buttermilk Market Key Performance Indicators |
8.1 Number of new buttermilk product launches in the Hong Kong market |
8.2 Consumer satisfaction levels with buttermilk products |
8.3 Percentage increase in buttermilk consumption per capita in Hong Kong |
9 Hong Kong Buttermilk Market - Opportunity Assessment |
9.1 Hong Kong Buttermilk Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Buttermilk Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.3 Hong Kong Buttermilk Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Buttermilk Market - Competitive Landscape |
10.1 Hong Kong Buttermilk Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Buttermilk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |