Product Code: ETC017989 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Dairy Products market currently, in 2023, has witnessed an HHI of 1450, Which has increased slightly as compared to the HHI of 1429 in 2017. The market is moving towards highly 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.
The Philippines dairy products market is currently in a growth stage, driven by increasing health consciousness among consumers. Over the past few years, there has been an increase in demand for dairy products such as cheese, yogurt and other milk-based beverages due to their high nutritional value. Rising disposable incomes of people living in urban areas have enabled them to purchase more expensive and premium quality dairy products
One of the major trends witnessed in this market is the emergence of fortified and functional foods which contain added vitamins or minerals for improved health benefits. Growing consumer awareness about food safety and hygiene has also increased demand for safe and hygienic packaged dairy products. In addition, rising per capita income coupled with changing dietary habits are further driving sales of processed dairy items like ice cream, yogurt etc., thereby fuelling the growth of this industry. Other factors responsible for bolstering the Philippine???s Dairy Products Market include growing number of supermarkets/hypermarkets offering wide variety of options from different brands at competitive prices; introduction of innovative flavors; presence large scale organized players; promotion through online marketing channels etc
Despite these positive drivers some challenges exists that hinders its expansion such as susceptibility to adulteration because it is easily contaminated by bacteria within 2 hours if not refrigerated; stringent regulations imposed on production process owing to concerns related to animal welfare; rise inglobal competition from countries producing milk intensively including New Zealand, Australia etc.; limited product availability outside cities especially rural areas etc
Nestle Philippines Inc., Alaska Milk Corporation (AMC), Universal Robina Corporation (URC) , San Miguel Pure Foods Company Inc., Vitarich Laboratories Inc., Del Monte Pacific Ltd .etc are some key players operating in Philippine???s Dairy Products Market
With lockdown restrictions imposed across many countries owing to Covid -19 outbreak most industries suffered tremendous losses but then again there were certain sectors benefited from pandemic like grocery stores where sale volumes surged significantly due rise in home deliveries so did same happen with Dairy Products sector as well however supply chain disruptions will be one challenge faced by companies during post covid era wherein authorities will have address logistic bottlenecks caused due disruption between agricultural producers or farmers ans retailers while ensuring safety protocols followed carefully
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 Dairy products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Dairy products Market Revenues & Volume, 2020 & 2030F |
3.3 Philippines Dairy products Market - Industry Life Cycle |
3.4 Philippines Dairy products Market - Porter's Five Forces |
3.5 Philippines Dairy products Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Philippines Dairy products Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Philippines Dairy products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Dairy products Market Trends |
6 Philippines Dairy products Market, By Types |
6.1 Philippines Dairy products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Dairy products Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Philippines Dairy products Market Revenues & Volume, By Butter , 2020-2030F |
6.1.4 Philippines Dairy products Market Revenues & Volume, By Cheese, 2020-2030F |
6.1.5 Philippines Dairy products Market Revenues & Volume, By Milk, 2020-2030F |
6.1.6 Philippines Dairy products Market Revenues & Volume, By Cream, 2020-2030F |
6.1.7 Philippines Dairy products Market Revenues & Volume, By Yoghurt, 2020-2030F |
6.1.8 Philippines Dairy products Market Revenues & Volume, By Buttermilk, 2020-2030F |
6.1.9 Philippines Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2020-2030F |
6.1.10 Philippines Dairy products Market Revenues & Volume, By Lactose-Free Dairy Products, 2020-2030F |
6.2 Philippines Dairy products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Dairy products Market Revenues & Volume, By Supermarkets & Hypermarkets, 2020-2030F |
6.2.3 Philippines Dairy products Market Revenues & Volume, By Convenience Store, 2020-2030F |
6.2.4 Philippines Dairy products Market Revenues & Volume, By Online, 2020-2030F |
7 Philippines Dairy products Market Import-Export Trade Statistics |
7.1 Philippines Dairy products Market Export to Major Countries |
7.2 Philippines Dairy products Market Imports from Major Countries |
8 Philippines Dairy products Market Key Performance Indicators |
9 Philippines Dairy products Market - Opportunity Assessment |
9.1 Philippines Dairy products Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Philippines Dairy products Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Philippines Dairy products Market - Competitive Landscape |
10.1 Philippines Dairy products Market Revenue Share, By Companies, 2023 |
10.2 Philippines Dairy products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |