Product Code: ETC023149 | 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 Fruit Juices Market Overview: The Philippines fruit juices market is estimated to register a CAGR of 6.9% during the forecast period (2025-2031). Increasing health consciousness among consumers owing to rising disposable income and growing population are some of the key factors driving the growth of this market. Moreover, increasing consumer preference for natural products without any preservatives or artificial colors and flavors has resulted in higher sales of fruit juices
Growing demand for convenience foods coupled with rising awareness about health benefits associated with consumption of fruits is expected to drive demand for ready-to-drink (RTD) juice drinks over other processed beverages like soft drinks and carbonated beverages. Furthermore, many companies are focusing on introducing innovative packaging techniques such as tetra paks which provide extended shelf life due to improved oxygen barriers. These innovations along with product diversification in terms of flavor variety are some significant trends witnessed in this market space that will continue into 2025 and beyond
Changing lifestyle habits, increasing disposable incomes and rapid urbanization have had a positive effect on consumer purchasing power leading them towards healthy food options including RTD juices which offer both convenience as well as nutritional value thus making them attractive alternatives compared to sugary soft drinks or sodas. In addition, various initiatives taken by government authorities encouraging consumption of fresh fruits instead of processed snacks especially among children will likely create more opportunities within this segment over the next few years
Competition from alternative packaged beverages such as flavored tea & coffee pose a major challenge for players operating within this domain because they often tend to target similar customer bases trying to attract their attention through discounted prices . Secondly , availability & cost effectiveness could be another concern since most domestic companies lack access to advanced production technologies resulting in high production costs ultimately affecting margins negatively
Some prominent players operating in Philippines fruit juices industry include PepsiCo , Del Monte Pacific Limited , San Miguel Pure Foods Company Inc., Monde Nissin Corporation etc . All these entities compete against each other through different strategies such as product differentiation , pricing policies etc
Covid 19 pandemic has severely impacted Philippines???s economy across all sectors including beverage industry where sales dropped significantly due mostly due closure down orders imposed by local governments . However , there was slight recovery observed post lockdown period when people started spending again on essential items particularly groceries & food items . Moving forward it would be
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 Fruit Juices Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fruit Juices Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fruit Juices Market - Industry Life Cycle |
3.4 Philippines Fruit Juices Market - Porter's Five Forces |
3.5 Philippines Fruit Juices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Fruit Juices Market Revenues & Volume Share, By Concentration Type, 2021 & 2031F |
3.7 Philippines Fruit Juices Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Fruit Juices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fruit Juices Market Trends |
6 Philippines Fruit Juices Market, By Types |
6.1 Philippines Fruit Juices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fruit Juices Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Fruit Juices Market Revenues & Volume, By Carbonated Juices, 2021-2031F |
6.1.4 Philippines Fruit Juices Market Revenues & Volume, By Naturally Sweetened , 2021-2031F |
6.1.5 Philippines Fruit Juices Market Revenues & Volume, By Health Juice , 2021-2031F |
6.1.6 Philippines Fruit Juices Market Revenues & Volume, By Fruit Juice , 2021-2031F |
6.1.7 Philippines Fruit Juices Market Revenues & Volume, By Pre-Biotic And Pro-Biotic, 2021-2031F |
6.1.8 Philippines Fruit Juices Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Fruit Juices Market, By Concentration Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fruit Juices Market Revenues & Volume, By Concentrated, 2021-2031F |
6.2.3 Philippines Fruit Juices Market Revenues & Volume, By Non-Concentrated, 2021-2031F |
6.2.4 Philippines Fruit Juices Market Revenues & Volume, By By Packaging Type, 2021-2031F |
6.2.5 Philippines Fruit Juices Market Revenues & Volume, By PET/Plastic , 2021-2031F |
6.2.6 Philippines Fruit Juices Market Revenues & Volume, By Metal can, 2021-2031F |
6.2.7 Philippines Fruit Juices Market Revenues & Volume, By Tetrapaks , 2021-2031F |
6.2.8 Philippines Fruit Juices Market Revenues & Volume, By Other , 2021-2031F |
6.2.9 Philippines Fruit Juices Market Revenues & Volume, By Other , 2021-2031F |
6.3 Philippines Fruit Juices Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Fruit Juices Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Philippines Fruit Juices Market Revenues & Volume, By Offline, 2021-2031F |
7 Philippines Fruit Juices Market Import-Export Trade Statistics |
7.1 Philippines Fruit Juices Market Export to Major Countries |
7.2 Philippines Fruit Juices Market Imports from Major Countries |
8 Philippines Fruit Juices Market Key Performance Indicators |
9 Philippines Fruit Juices Market - Opportunity Assessment |
9.1 Philippines Fruit Juices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Fruit Juices Market Opportunity Assessment, By Concentration Type, 2021 & 2031F |
9.3 Philippines Fruit Juices Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Fruit Juices Market - Competitive Landscape |
10.1 Philippines Fruit Juices Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fruit Juices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |