BROWSE THROUGH OUR TRADE FAIRS IN HONG KONG FOR FOOD & DRINK INDUSTRY
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Hong Kong is among the central and leading countries of the global and Asian food and beverage industries. This is due to the state’s comprehensive and high-value F&B sector. It comprises more than 8 500 enterprises that employ over 55 800 specialists throughout the entire value chain. This includes diverse sections such as manufacturing, distributing, importing, exporting, wholesaling, retailing and other activities related to food wars. Such include types of products such as dairy, beverages and meat, with meat being the most extensive regarding market volume. This is due to the segment producing a significant amount of the industry’s high annual revenue of up to 30 950 000 000 HKD. For example, in recent years, the sector has produced up to 7 320 000 000 HKD. In addition, Hong Kong’s food and beverage industry is among the highly exportation-oriented segments of the Asian and global F&B segments. For example, in recent years, it has exported up to 38 470 000 000 HKD of food wares. This results in the sector being expected to grow in the upcoming years at a CAGR of 5.21%. Apart from being a significant exporter and producer, the Hing Kong F&B industry is also a central and leading innovation hub. This is because of its high focus on researching novel solutions. Often, it displays its latest innovations during biannual trade expos. Such events attract tens of thousands of attendees.