Product Code: ETC4836722 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Hong Kong Pulses market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The pulses market in Hong Kong is shaped by growing health consciousness and demand for plant-based proteins. Pulses such as lentils, chickpeas, and beans are commonly imported from countries like India and Australia. The market is influenced by dietary trends favoring vegetarian and vegan foods, driving the demand for pulses in retail and food service sectors. Government regulations on food safety and quality standards ensure that imported pulses meet international standards.
The pulses market in Hong Kong is driven by the increasing awareness of health benefits associated with consuming pulses such as lentils, chickpeas, and beans. A growing trend toward plant-based diets and veganism has also boosted demand. Furthermore, pulses are seen as a sustainable protein source, making them attractive in a region that values environmental sustainability. The demand for imported pulses is high due to limited local production, and health-conscious consumers are driving this market forward.
The pulses market in Hong Kong faces several challenges, primarily due to shifting dietary preferences and the dominance of alternative protein sources. With a growing demand for plant-based meat substitutes, pulses struggle to maintain market share. Import dependency and fluctuating global prices also pose significant challenges, as Hong Kong relies heavily on imported pulses. Additionally, limited local cultivation, high tariffs, and increased competition from other legumes make it difficult to stabilize prices and ensure consistent supply.
The pulses market in Hong Kong is influenced by trade policies, food safety regulations, and import duties. As Hong Kong relies heavily on imported pulses, the governments role in regulating food imports and ensuring compliance with international food safety standards is crucial. Tariff-free trade agreements and partnerships with countries that produce pulses can enhance market growth. Moreover, policies promoting food security and sustainable agriculture practices indirectly support the pulses market.
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 Pulses Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Pulses Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Pulses Market - Industry Life Cycle |
3.4 Hong Kong Pulses Market - Porter's Five Forces |
3.5 Hong Kong Pulses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Pulses Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Hong Kong Pulses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hong Kong Pulses Market Trends |
6 Hong Kong Pulses Market Segmentations |
6.1 Hong Kong Pulses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Pulses Market Revenues & Volume, By Chick Peas, 2021-2031F |
6.1.3 Hong Kong Pulses Market Revenues & Volume, By Kaspa Peas, 2021-2031F |
6.1.4 Hong Kong Pulses Market Revenues & Volume, By Lentils, 2021-2031F |
6.1.5 Hong Kong Pulses Market Revenues & Volume, By Pigeon Peas, 2021-2031F |
6.1.6 Hong Kong Pulses Market Revenues & Volume, By Fava Beans, 2021-2031F |
6.1.7 Hong Kong Pulses Market Revenues & Volume, By Black Gram, 2021-2031F |
6.1.9 Hong Kong Pulses Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Hong Kong Pulses Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hong Kong Pulses Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Pulses Market Revenues & Volume, By Home Use, 2021-2031F |
6.2.3 Hong Kong Pulses Market Revenues & Volume, By Snack Food Industry, 2021-2031F |
6.2.4 Hong Kong Pulses Market Revenues & Volume, By Flour Industry, 2021-2031F |
6.2.5 Hong Kong Pulses Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Pulses Market Import-Export Trade Statistics |
7.1 Hong Kong Pulses Market Export to Major Countries |
7.2 Hong Kong Pulses Market Imports from Major Countries |
8 Hong Kong Pulses Market Key Performance Indicators |
9 Hong Kong Pulses Market - Opportunity Assessment |
9.1 Hong Kong Pulses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Pulses Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Hong Kong Pulses Market - Competitive Landscape |
10.1 Hong Kong Pulses Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Pulses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |