Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / China

Tsit Wing Building Growth On Diversification

October 2011 | Company News Alert

With over 80% of market share in the Hong Kong food services market, tea and coffee producer Tsit Wing has a strong domestic presence. However, the coffee and tea market in Hong Kong is already saturated and Tsit Wing will continue to expand its presence in China, which has much growth potential. Product and geographical diversification will remain at the heart of Tsit Wing's growth strategy, and these initiatives should prove revenue-supportive in the longer term.

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