| Product Code: ETC5342255 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Hong Kong`s salsify import market continues to be dominated by key players such as China, Thailand, Japan, USA, and Netherlands in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. With a notable Compound Annual Growth Rate (CAGR) of 13.29% from 2020 to 2024 and a steady growth rate of 6.86% from 2023 to 2024, the salsify import sector in Hong Kong showcases sustained expansion and significant opportunities for market players.

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 Salsify Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Salsify Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Salsify Market - Industry Life Cycle |
3.4 Hong Kong Salsify Market - Porter's Five Forces |
3.5 Hong Kong Salsify Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Hong Kong Salsify Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Hong Kong Salsify Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Hong Kong Salsify Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of salsify |
4.2.2 Growing demand for organic and locally sourced produce |
4.2.3 Rise in popularity of plant-based diets in Hong Kong |
4.3 Market Restraints |
4.3.1 Seasonality and limited availability of salsify |
4.3.2 High import costs impacting pricing competitiveness |
4.3.3 Limited awareness and familiarity with salsify among consumers |
5 Hong Kong Salsify Market Trends |
6 Hong Kong Salsify Market Segmentations |
6.1 Hong Kong Salsify Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Salsify Market Revenues & Volume, By Black Salsify (Scorzonera Hispanica), 2021-2031F |
6.1.3 Hong Kong Salsify Market Revenues & Volume, By Purple Salsify (Tragopogon Porrifolius), 2021-2031F |
6.1.4 Hong Kong Salsify Market Revenues & Volume, By Yellow Salsify (Tragopogon Dubius), 2021-2031F |
6.2 Hong Kong Salsify Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Salsify Market Revenues & Volume, By Fresh, 2021-2031F |
6.2.3 Hong Kong Salsify Market Revenues & Volume, By Frozen, 2021-2031F |
6.2.4 Hong Kong Salsify Market Revenues & Volume, By Canned, 2021-2031F |
6.3 Hong Kong Salsify Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Salsify Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.3 Hong Kong Salsify Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.3.4 Hong Kong Salsify Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Hong Kong Salsify Market Import-Export Trade Statistics |
7.1 Hong Kong Salsify Market Export to Major Countries |
7.2 Hong Kong Salsify Market Imports from Major Countries |
8 Hong Kong Salsify Market Key Performance Indicators |
8.1 Percentage increase in the number of salsify recipes featured in popular cooking shows or magazines in Hong Kong |
8.2 Growth in the number of restaurants and food establishments offering salsify-based dishes on their menus |
8.3 Increase in the number of farmers or suppliers cultivating salsify in Hong Kong |
9 Hong Kong Salsify Market - Opportunity Assessment |
9.1 Hong Kong Salsify Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Hong Kong Salsify Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Hong Kong Salsify Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Hong Kong Salsify Market - Competitive Landscape |
10.1 Hong Kong Salsify Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Salsify Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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