Philippines Curing Salt Market (2025-2031) Outlook | Companies, Growth, Industry, Analysis, Value, Revenue, Forecast, Size, Share & Trends

philippines curing salt market Synopsis

According to the Philippine Statistics Authority, retail sales of curing salt in the Philippines reached Php 5. 4 billion in 2018. This represents a 3. 3% year-on-year increase from 2017?s figure of Php 5. 2 billion. The number of establishments engaged in selling curing salt also increased by 9. 1% from 1,067 stores nationwide in 2017 to 1,155 stores at the end of 2018.

Drivers of the Market

The Philippines curing salt market is influenced by the country`s rich culinary heritage and the tradition of preserving meats. Curing salt, which contains nitrates or nitrites, is used to extend the shelf life of processed meats while imparting flavor and color. The demand for processed and convenience foods, including cured meats, has driven the market. However, health concerns associated with excessive nitrate consumption also influence the market`s growth trajectory.

Challenges of the Market

The Philippines curing salt market encounters challenges due to the health implications of excessive sodium consumption. Manufacturers of curing salts need to address concerns related to processed meats and their potential contribution to health issues like hypertension. Developing low-sodium or alternative curing methods while maintaining product flavor and quality is a complex task.

COVID-19 Impact on the Market

The Philippines curing salt market felt the impact of the pandemic through disruptions in the supply chain and shifts in consumer behavior. The closure of food establishments, such as restaurants and hotels, initially led to reduced demand from the foodservice sector. Home cooking, however, witnessed an uptick, driving demand for certain food ingredients, including curing salt. The market adjusted by diversifying distribution channels and emphasizing product availability for home cooks. Nevertheless, challenges in sourcing and production processes persisted.

Key Players in the Market

Curing salt, also known as Prague powder or pink salt, is used in meat preservation to prevent the growth of harmful bacteria and enhance the flavor and color of cured meats. Key players in this market could include Ajinomoto Philippines Corporation, and Purefoods-Hormel Company.

Key Highlights of the Report:

• Philippines Curing Salt Market Outlook
• Market Size of Philippines Curing Salt Market, 2024
• Forecast of Philippines Curing Salt Market, 2031
• Historical Data and Forecast of Philippines Curing Salt Revenues & Volume for the Period 2021-2031
• Philippines Curing Salt Market Trend Evolution
• Philippines Curing Salt Market Drivers and Challenges
• Philippines Curing Salt Price Trends
• Philippines Curing Salt Porter's Five Forces
• Philippines Curing Salt Industry Life Cycle
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Prague Powder 1 for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Prague Powder 2 for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Blends for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By End-use for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Beef Curing for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Fish Curing for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Pork Curing for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Chicken Curing for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Others Curing for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Direct Sales Channels for the Period 2021-2031
• Historical Data and Forecast of Philippines Curing Salt Market Revenues & Volume By Indirect Sales Channels for the Period 2021-2031
• Philippines Curing Salt Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End-use
• Market Opportunity Assessment By Distribution Channel
• Philippines Curing Salt Top Companies Market Share
• Philippines Curing Salt Competitive Benchmarking By Technical and Operational Parameters
• Philippines Curing Salt Company Profiles
• Philippines Curing Salt Key Strategic Recommendations