Tourism and Hospitality

With a local population of 7.5 million and over 86 million potential visitors from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), Hong Kong’s food and beverage (F&B) industry serves a vast customer base. Notably, 95 percent of food is imported, with the city’s free trade port making it easy to source unusual ingredients. This has led to a great variety in available cuisines, from Hong Kong street food to fine dining, with one restaurant for every 427 residents and strong demand for takeaway services.

Hong Kong has established itself as a prime destination for international F&B ventures and food trading. The city's status as a free trade port also enriches the culinary landscape by supporting seamless trading operations, with an extensive flight network enabling restaurants to source authentic ingredients from every corner of the globe and easily import unique products essential for recreating worldwide authentic traditional cuisines.

The rich cultural diversity in Hong Kong fosters a sophisticated dining scene, where diners increasingly prioritise food sustainability, traceability, seasonality and quality. This growing awareness creates a demand for elevated fine dining experiences, as restaurants adapt to meet the expectations of a discerning clientele.

As a major business hub in Asia and a global foodie destination, Hong Kong is expected to attract a diverse demographic of affluent visitors, including business travellers and tourists, while also drawing investment and top talent to the region. For those considering starting a business in Hong Kong, the increasing demand for an innovative gastronomic journey will lead to the potential for success.