Product Code: ETC023869 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Bread market currently, in 2023, has witnessed an HHI of 2290, Which has decreased slightly as compared to the HHI of 2459 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Bread is one of the staple foods in the Philippines. It plays an important role in Filipino diets, and its popularity has increased steadily over the years. The market for bread products in the Philippines is estimated to be worth US$1 billion and is expected to grow at a CAGR of 4% from 2025-2031
Demand for healthy alternatives such as gluten-free, low-calorie and whole grain breads are increasing due to rising health consciousness among consumers. Additionally, packaging innovations like resealable bags, convenient packaging sizes are becoming more popular with customers looking for convenience when shopping for bread products. Further, growing demand for organic bakery products has also been on the rise as consumers focus more on healthy eating habits and natural ingredients.
Rising disposable incomes have led to higher spending power amongst consumers allowing them to purchase premium quality bakery goods that come with additional benefits like better texture & taste compared to traditional ones. This has further spurred growth of high value added baked goods in recent times. Further, increasing consumption of snacks such as sandwiches, burgers etc., have resulted in higher demand for sliced white loaves which account for most sales within this category.
High cost of raw materials used in production process poses a challenge since it adds up substantially into final product price making it unaffordable by lower income group households who form a major portion of population base within country Players: There are several domestic players operating within Philippine Bakery market including Delbros Baking Corp., Gardenia Bakeries Phils Inc., Liberty Flour Mills Ltd., Grandeur Food Corporation ,Tous Les Jours Bakery Cafe etc .Apart from these well established local brands there are number foreign companies present who offer their exported versions mainly targeting niche markets both online & offline channels
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 Bread Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Bread Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Bread Market - Industry Life Cycle |
3.4 Philippines Bread Market - Porter's Five Forces |
3.5 Philippines Bread Market Revenues & Volume Share, By Loaves, 2021 & 2031F |
3.6 Philippines Bread Market Revenues & Volume Share, By Convenience Stores, 2021 & 2031F |
4 Philippines Bread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Bread Market Trends |
6 Philippines Bread Market, By Types |
6.1 Philippines Bread Market, By Loaves |
6.1.1 Overview and Analysis |
6.1.2 Philippines Bread Market Revenues & Volume, By Loaves, 2021-2031F |
6.1.3 Philippines Bread Market Revenues & Volume, By Baguettes, 2021-2031F |
6.1.4 Philippines Bread Market Revenues & Volume, By Rolls, 2021-2031F |
6.1.5 Philippines Bread Market Revenues & Volume, By Burger Buns, 2021-2031F |
6.1.6 Philippines Bread Market Revenues & Volume, By Ciabatta, 2021-2031F |
6.1.7 Philippines Bread Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Bread Market, By Convenience Stores |
6.2.1 Overview and Analysis |
6.2.2 Philippines Bread Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.3 Philippines Bread Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.4 Philippines Bread Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.5 Philippines Bread Market Revenues & Volume, By Variety Stores, 2021-2031F |
6.2.6 Philippines Bread Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Bread Market Import-Export Trade Statistics |
7.1 Philippines Bread Market Export to Major Countries |
7.2 Philippines Bread Market Imports from Major Countries |
8 Philippines Bread Market Key Performance Indicators |
9 Philippines Bread Market - Opportunity Assessment |
9.1 Philippines Bread Market Opportunity Assessment, By Loaves, 2021 & 2031F |
9.2 Philippines Bread Market Opportunity Assessment, By Convenience Stores, 2021 & 2031F |
10 Philippines Bread Market - Competitive Landscape |
10.1 Philippines Bread Market Revenue Share, By Companies, 2024 |
10.2 Philippines Bread Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |