| Product Code: ETC7476465 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Hong Kong market for dairy-free infant formula continues to see strong growth, with import shipments predominantly coming from China, Netherlands, Ireland, Germany, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive challenges. The impressive compound annual growth rate (CAGR) of 8.48% from 2020 to 2024 underscores the increasing demand for dairy-free options. Moreover, the significant growth rate of 41.42% in 2024 indicates a surge in consumer interest and the potential for further expansion in this segment.

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 Dairy-Free Infant Formula Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Dairy-Free Infant Formula Market - Industry Life Cycle |
3.4 Hong Kong Dairy-Free Infant Formula Market - Porter's Five Forces |
3.5 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Dairy-Free Infant Formula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about lactose intolerance and milk allergies in infants |
4.2.2 Growing trend towards plant-based diets and veganism among consumers |
4.2.3 Rising demand for organic and natural products in the baby food industry |
4.3 Market Restraints |
4.3.1 Higher cost of dairy-free infant formula compared to traditional formulas |
4.3.2 Limited availability of dairy-free options in the market |
4.3.3 Concerns about the nutritional adequacy of dairy-free formulas for infant development |
5 Hong Kong Dairy-Free Infant Formula Market Trends |
6 Hong Kong Dairy-Free Infant Formula Market, By Types |
6.1 Hong Kong Dairy-Free Infant Formula Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Hong Kong Dairy-Free Infant Formula Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Hong Kong Dairy-Free Infant Formula Market Revenues & Volume, By Online, 2021- 2031F |
7 Hong Kong Dairy-Free Infant Formula Market Import-Export Trade Statistics |
7.1 Hong Kong Dairy-Free Infant Formula Market Export to Major Countries |
7.2 Hong Kong Dairy-Free Infant Formula Market Imports from Major Countries |
8 Hong Kong Dairy-Free Infant Formula Market Key Performance Indicators |
8.1 Number of pediatricians recommending dairy-free infant formula |
8.2 Percentage of new parents opting for dairy-free formula for their infants |
8.3 Growth in the number of dairy-free infant formula brands available in the market |
9 Hong Kong Dairy-Free Infant Formula Market - Opportunity Assessment |
9.1 Hong Kong Dairy-Free Infant Formula Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Dairy-Free Infant Formula Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Dairy-Free Infant Formula Market - Competitive Landscape |
10.1 Hong Kong Dairy-Free Infant Formula Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Dairy-Free Infant Formula Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |