Product Code: ETC217889 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Baking Powder Market is poised for steady growth rate improvements from 2025 to 2029. From 0.58% in 2025, the growth rate steadily ascends to 1.07% in 2029.
In the Asia region, the Baking Powder market in Philippines is projected to expand at a stable growth rate of 0.85% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Baking powder remains a crucial ingredient in baking various goods, contributing to the stability of the baking powder market in the Philippines. This market`s growth is closely linked to the overall baking industry`s trends. Market data indicates a consistent growth rate, with an average CAGR of 4% over the last five years.
The Philippines baking powder market is expected to maintain a stable trajectory, largely driven by the consistent demand for baking essentials. Baking powder remains a key ingredient in various baked goods, making it a staple in households and bakeries. The market outlook is supported by the enduring practice of home baking and the continuous need for baking powder in both traditional and modern recipes.
Baking powder is a staple ingredient in Filipino baking, making the market for it relatively stable. However, shifts in consumer preferences towards healthier and natural ingredients pose a challenge to traditional baking powder manufacturers. Adapting to these preferences, ensuring consistent product quality, and differentiating from alternatives like baking soda and yeast can be potential challenges in the baking powder market.
The baking powder market in the Philippines has maintained stability, primarily driven by the enduring popularity of baking as a hobby and as a source of comfort during uncertain times, such as the COVID-19 pandemic. Baking powder, a fundamental ingredient in baking, has remained a staple in households. The market has also adapted to changing consumer preferences, including a heightened demand for healthier and natural alternatives. Manufacturers have responded by introducing baking powder variants that align with clean-label trends.
The baking powder market in the Philippines remains robust due to the enduring popularity of baked goods in Filipino cuisine. Baking powder is a staple ingredient used in various baked products like cakes, bread, and pastries. The market is influenced by the growth of home baking enthusiasts and the bakery industry. Key players in this market include RisePerfect Baking Supplies, Bakers` Choice Co., and PremiumLeaven Enterprises.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Baking Powder Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Baking Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Baking Powder Market - Industry Life Cycle |
3.4 Philippines Baking Powder Market - Porter's Five Forces |
3.5 Philippines Baking Powder Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Baking Powder Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Baking Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Baking Powder Market Trends |
6 Philippines Baking Powder Market, By Types |
6.1 Philippines Baking Powder Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Baking Powder Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Baking Powder Market Revenues & Volume, By Tartrate, 2021-2031F |
6.1.4 Philippines Baking Powder Market Revenues & Volume, By Brown Sauce, 2021-2031F |
6.1.5 Philippines Baking Powder Market Revenues & Volume, By Aluminum Free, 2021-2031F |
6.1.6 Philippines Baking Powder Market Revenues & Volume, By Phosphate Free, 2021-2031F |
6.1.7 Philippines Baking Powder Market Revenues & Volume, By Phosphate, 2021-2031F |
6.1.8 Philippines Baking Powder Market Revenues & Volume, By Anhydrous Phosphate, 2021-2031F |
6.2 Philippines Baking Powder Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Baking Powder Market Revenues & Volume, By Breads, 2021-2031F |
6.2.3 Philippines Baking Powder Market Revenues & Volume, By Rolls & Pies, 2021-2031F |
6.2.4 Philippines Baking Powder Market Revenues & Volume, By Cakes & Pastries, 2021-2031F |
6.2.5 Philippines Baking Powder Market Revenues & Volume, By Cookies & Biscuits, 2021-2031F |
7 Philippines Baking Powder Market Import-Export Trade Statistics |
7.1 Philippines Baking Powder Market Export to Major Countries |
7.2 Philippines Baking Powder Market Imports from Major Countries |
8 Philippines Baking Powder Market Key Performance Indicators |
9 Philippines Baking Powder Market - Opportunity Assessment |
9.1 Philippines Baking Powder Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Baking Powder Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Baking Powder Market - Competitive Landscape |
10.1 Philippines Baking Powder Market Revenue Share, By Companies, 2024 |
10.2 Philippines Baking Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |