Hong Kong: Food Service - Hotel Restaurant Institutional Report
Link to report:
Macau is one of the most popular culinary destinations in Asia and received over 39 million visitors in 2019. Macau’s food service sector sales reached US$1.47 billion, and fastest growing U.S. products included distilled spirits, spices, fruit and vegetable juices, coffee, poultry, fresh fruit, beef, nursery products, tree nuts, and food preparations. Its economic growth is expected to slow down due to the worldwide coronavirus outbreak and travel restrictions within Asia. The Macau government has launched multiple stimulus measures to help Macau residents and businesses cope with the adversity, and Macau’s economy is expected to pick up in the latter half of 2020 when the coronavirus situation improves.
Hong Kong: Food Service - Hotel Restaurant Institutional Report
