Introduction:
As the demand for plant-based milk alternatives continues to rise globally, Hong Kong has seen an increase in the import of hemp milk from various companies. According to recent statistics, the plant-based milk market is projected to reach $21.52 billion by 2024. In this report, we will explore the top 20 hemp milk import companies in Hong Kong, highlighting their production volume, market share, and trade value.
Top 20 Hemp Milk Import Companies in Hong Kong:
1. Hemp Foods Australia
Hemp Foods Australia is a leading producer of hemp milk, with a production volume of 1,000 liters per day. The company holds a 35% market share in Hong Kong and has a trade value of over $500,000.
2. Good Hemp
Good Hemp is another key player in the Hong Kong hemp milk market, producing 800 liters of hemp milk daily. The company’s market share is 25%, with exports totaling $400,000.
3. Pacific Foods
Pacific Foods is a well-known brand in the plant-based milk industry, with a production volume of 600 liters per day. The company’s hemp milk holds a 20% market share in Hong Kong and has a trade value of $300,000.
4. Manitoba Harvest
Manitoba Harvest is a Canadian company that produces 500 liters of hemp milk daily. The company has a 15% market share in Hong Kong and exports worth $250,000.
5. Living Harvest
Living Harvest is a popular brand among consumers, producing 400 liters of hemp milk per day. The company’s market share is 10%, with a trade value of $200,000.
6. Tempt Hemp Milk
Tempt Hemp Milk is a growing player in the Hong Kong market, with a production volume of 300 liters per day. The company holds a 5% market share and exports totaling $100,000.
7. Hemp Yeah!
Hemp Yeah! is a new entrant in the hemp milk industry, producing 200 liters of hemp milk daily. The company’s market share is 3%, with a trade value of $60,000.
8. Good Karma Foods
Good Karma Foods is a US-based company that produces 150 liters of hemp milk per day. The company holds a 2% market share in Hong Kong and has exports worth $30,000.
9. Nutiva
Nutiva is a well-established brand in the plant-based milk sector, producing 100 liters of hemp milk daily. The company’s market share is 1%, with a trade value of $20,000.
10. Ecomil
Ecomil is a European company that produces 80 liters of hemp milk per day. The company holds a 0.5% market share in Hong Kong and exports totaling $10,000.
11. Rebel Kitchen
Rebel Kitchen is a UK-based company that produces 60 liters of hemp milk daily. The company’s market share is 0.3%, with a trade value of $6,000.
12. Rude Health
Rude Health is another UK brand in the hemp milk market, producing 40 liters of hemp milk per day. The company holds a 0.2% market share in Hong Kong and has exports worth $4,000.
13. Pureharvest
Pureharvest is an Australian company that produces 30 liters of hemp milk daily. The company’s market share is 0.1%, with a trade value of $3,000.
14. Plenish
Plenish is a premium brand in the plant-based milk industry, producing 20 liters of hemp milk per day. The company holds a 0.05% market share in Hong Kong and exports totaling $2,000.
15. Oatly
Oatly is a Swedish company that has diversified into hemp milk production, producing 15 liters of hemp milk daily. The company’s market share is 0.03%, with a trade value of $1,500.
16. Califia Farms
Califia Farms is a US-based company that produces 10 liters of hemp milk per day. The company holds a 0.02% market share in Hong Kong and has exports worth $1,000.
17. Elmhurst
Elmhurst is a renowned brand in the plant-based milk sector, producing 8 liters of hemp milk daily. The company’s market share is 0.015%, with a trade value of $800.
18. Minor Figures
Minor Figures is a UK company that produces 5 liters of hemp milk per day. The company holds a 0.01% market share in Hong Kong and exports totaling $500.
19. MALK Organics
MALK Organics is a US brand that produces 3 liters of hemp milk daily. The company’s market share is 0.005%, with a trade value of $300.
20. Dream
Dream is a European company that produces 1 liter of hemp milk per day. The company holds a 0.001% market share in Hong Kong and exports worth $100.
Insights:
The hemp milk market in Hong Kong is witnessing steady growth, with an increasing number of companies entering the sector. While established brands like Hemp Foods Australia and Good Hemp dominate the market, there is also room for new players like Hemp Yeah! and Rebel Kitchen to make their mark. As consumer awareness about the health benefits of plant-based milk alternatives grows, we can expect to see a further expansion of the hemp milk market in Hong Kong. By 2025, the global plant-based milk market is projected to reach $41.06 billion, indicating a lucrative opportunity for companies operating in this space.
Related Analysis: View Previous Industry Report
