Hong Kong Chicory Market (2025-2031) | Industry, Size, Revenue, Trends, Growth, Analysis, Outlook, Value, Segmentation, Share, Companies & Forecast

Name: Hong Kong Chicory Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Chicory Market, Hong Kong Chicory Market, Hong Kong Chicory Market Revenues, Hong Kong Chicory Market Share, Hong Kong Chicory Market Size, Hong Kong Chicory Market Outlook, Hong Kong Chicory Market Report, Hong Kong Chicory Market Competition, Hong Kong Chicory Market Overview, Hong Kong Chicory Market Trends, Hong Kong Chicory Market Forecast

Market Forecast By Product Type (Extracts, Roasted, Instant Powder, Flour), By Form (Powder, Liquid, Cubes, Other forms), By Application (Food & beverages, Dietary supplements, Feed & pet food, Cosmetics & personal care), By Plant-part (Root, Leaf, Other plant-parts) And Competitive Landscape

Product Code: ETC4838983	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

Hong Kong Chicory Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Hong Kong continued to see a strong influx of chicory imports, with key suppliers being Thailand, Netherlands, China, Japan, and Australia. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high, indicating a competitive landscape. Despite a declining compound annual growth rate (CAGR) from 2020 to 2024, the growth rate in 2024 showed a positive trend, suggesting potential opportunities for further expansion in the chicory import market in Hong Kong.

Hong Kong Chicory Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Hong Kong Chicory Market Synopsis

The chicory market in Hong Kong is witnessing a rise in demand due to its applications in food and beverage sectors, particularly as a coffee substitute and a dietary fiber source. The growing health consciousness among consumers is propelling the use of chicory root extract in functional foods and health supplements. Local producers are capitalizing on the trend by offering organic and natural chicory products. Additionally, increasing awareness about the health benefits associated with chicory, such as its prebiotic properties, is driving market growth.

Drivers of the market

The chicory market in Hong Kong is driven by the increasing use of chicory in food and beverages as a coffee substitute and as a source of dietary fiber. The growing demand for health-conscious food options is boosting the market for chicory products.

Challenges of the market

The chicory market faces challenges from limited awareness and competition from other natural health supplements. Fluctuations in raw material supply, largely dependent on agricultural conditions, further complicate market stability.

Government Policy of the market

In the Chicory market, the Hong Kong government emphasizes compliance with food safety and agricultural regulations. Regulations are established to ensure that chicory products meet quality and safety standards for food applications. The government promotes research into innovative chicory cultivation techniques and product formulations that enhance nutritional value. Additionally, policies support local farmers and producers in adopting sustainable agricultural practices.

Key Highlights of the Report:

Hong Kong Chicory Market Outlook
Market Size of Hong Kong Chicory Market, 2024
Forecast of Hong Kong Chicory Market, 2031
Historical Data and Forecast of Hong Kong Chicory Revenues & Volume for the Period 2021-2031
Hong Kong Chicory Market Trend Evolution
Hong Kong Chicory Market Drivers and Challenges
Hong Kong Chicory Price Trends
Hong Kong Chicory Porter`s Five Forces
Hong Kong Chicory Industry Life Cycle
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Extracts for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Roasted for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Instant Powder for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Flour for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Form for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Powder for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Liquid for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Cubes for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Other forms for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Food & beverages for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Dietary supplements for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Feed & pet food for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Cosmetics & personal care for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Plant-part for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Root for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Leaf for the Period 2021-2031
Historical Data and Forecast of Hong Kong Chicory Market Revenues & Volume By Other plant-parts for the Period 2021-2031
Hong Kong Chicory Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Form
Market Opportunity Assessment By Application
Market Opportunity Assessment By Plant-part
Hong Kong Chicory Top Companies Market Share
Hong Kong Chicory Competitive Benchmarking By Technical and Operational Parameters
Hong Kong Chicory Company Profiles
Hong Kong Chicory Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

Africa Chicory Market

Asia Chicory Market

Asia Pacific Chicory Market

Chile Chicory Market

Europe Chicory Market

France Chicory Market

Global Chicory Market

Peru Chicory Market

United Kingdom (UK) Chicory Market

Venezuela Chicory Market

Export potential assessment - trade Analytics for 2030

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.

To discover high-growth global markets and optimize your business strategy:

Click Here