Fish & seafood dishes is one of the food category offered in restaurants, along with the meat dishes and salads & sides categories, according to GlobalData’s menu intelligence database. According to GlobalData’s menu analysis of the fish & seafood dishes category in Hong Kong report, the fish & seafood dishes category constitutes a 7% share among all restaurant types in Hong Kong foodservice market. The report analyses 3,302 menu items from different foodservice outlets in Hong Kong and provides an overview of the food categories available across its foodservice channel. Buy the report here.
Fish & seafood was found to be the most-used ingredient in the fish & seafood dishes category, featuring in 80% of menu items, followed by salad vegetables and cheese. Rice and vegetables were also significant ingredients.
An analysis of the annual price change between 2023 and H1 2024 indicates that the average menu prices in the fish & seafood dishes category have risen by 0.23%. As on-premises dining gains momentum following the COVID-19 pandemic, the fish & seafood dishes category in Hong Kong is expected to experience overall growth.
Different categories exhibited mixed price movements within Hong Kong foodservice market between 2023 and H1 2024. Food categories in Hong Kong witnessed price increase in their food offerings in the mentioned timeline. Out of these, alcoholic drinks category saw highest price increase.
An in-depth analysis of the fish & seafood dishes category price trend by location reveals consumption trends of each region. The graph below represents the change in fish & seafood dishes category menu prices during 2022-2024 across the top five locations. As seen below, fish & seafood dishes category menu items in Ho-Man-Tin became more affordable as compared to Hong Kong(Hong Kong) and Central(Hong Kong).
While consumers become more price conscious, operators look for ways to optimize their costs to retain margin and market share. In Hong Kong market, restaurants operators rely on innovation as a crucial tactic to appeal to customers as well as optimize costs. As increasing number of consumers seek novel experiences, foodservice operators must continuously innovate their menu choices, providing superior taste and quality along with a diverse selection of dishes. Operators should highlight the distinctive tastes and flavours of their food and beverage offerings in a convenient format to enhance customer engagement.
To further understand and explore GlobalData’s insight into Hong Kong category menu, buy the report here.
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