Product Code: ETC020029 | 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 market currently, in 2023, has witnessed an HHI of 5408, Which has decreased moderately as compared to the HHI of 7282 in 2017. The market is moving towards concentrated. 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 fruit market is expected to register a CAGR of 5.7% during the forecast period (2025-2031). The increasing demand for healthy fruits and vegetables due to rising health consciousness, coupled with the growing disposable income of consumers, is projected to drive the growth of this industry in the Philippines. Additionally, government initiatives such as ???Go Organic???, which encourages organic farming and promotes increased production are also expected to fuel market growth
Increasing awareness and availability of organic fruits has encouraged consumers to opt for them over conventional options. This trend is anticipated to continue driving market growth over the forecast period. Further, there has been an increase in demand for exotic fruits like dragonfruit, starfruits etc., among Filipino consumers owing their novelty factor associated with these products. This trend will likely drive further expansion of this market during 2025-2031.
Growing health consciousness among Filipinos has resulted in an increased preference towards healthier food items including fresh fruits and vegetables instead of processed foods or snacks containing high fat content or sugar levels resulting in growing demand within this industry over recent years which will only be bolstered by upcoming trends related to healthy living through 2025-2031
Low productivity due to inadequate irrigation facilities continues being a major challenge faced by players operating within this market space as it significantly affects crop yield negatively thus hampering overall revenue generation potentials even if prices rise substantially on account higher demands than supply available at any given point time . In addition , poor infrastructure pertaining transportation network both domestic & international further hinders timely delivery particularly during peak season
Major players operating within Philippine Fruit Market include Dole Food Company Inc., Del Monte Pacific Limited , Fresh Produce Corporation Ltd., Total Harvest Inc., Universal Robina Corporation , La Frutera Incorporated amongst others . These companies have established themselves quite firmly across multiple regions forming distribution networks that span far wider than regionally limited ones present prior few years back creating formidable presence across all consumer segments irrespective geographical locations they operate in
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 Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fruit Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fruit Market - Industry Life Cycle |
3.4 Philippines Fruit Market - Porter's Five Forces |
3.5 Philippines Fruit Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Philippines Fruit Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Fruit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fruit Market Trends |
6 Philippines Fruit Market, By Types |
6.1 Philippines Fruit Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fruit Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Philippines Fruit Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.1.4 Philippines Fruit Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.1.5 Philippines Fruit Market Revenues & Volume, By Online, 2021-2031F |
6.2 Philippines Fruit Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fruit Market Revenues & Volume, By Fresh, 2021-2031F |
6.2.3 Philippines Fruit Market Revenues & Volume, By Dried, 2021-2031F |
6.2.4 Philippines Fruit Market Revenues & Volume, By Frozen, 2021-2031F |
6.2.5 Philippines Fruit Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Fruit Market Import-Export Trade Statistics |
7.1 Philippines Fruit Market Export to Major Countries |
7.2 Philippines Fruit Market Imports from Major Countries |
8 Philippines Fruit Market Key Performance Indicators |
9 Philippines Fruit Market - Opportunity Assessment |
9.1 Philippines Fruit Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Philippines Fruit Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Fruit Market - Competitive Landscape |
10.1 Philippines Fruit Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fruit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |