Product Code: ETC015709 | 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 Honey market currently, in 2023, has witnessed an HHI of 1891, Which has decreased slightly as compared to the HHI of 2556 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.
The Philippines nuts and seeds market is expected to grow at a significant rate owing to increasing health consciousness, rising disposable income, availability of various nut varieties in the retail stores as well as online platforms. The growing demand for plant-based proteins, changing food habits among younger generations, convenience offered by e-commerce players are some of the major factors driving the growth of this market. Moreover, an increase in snacking occasions fueled by long working hours has been observed in recent years which is further propelling the demand from consumers
As people become more aware about their health conditions they prefer to opt for healthy snacks such as nuts & seeds over junk food items available in the market. This trend has created an increased demand for healthier snack options like cashews, almonds etc., thus boosting the sales of nuts & seeds products across different channels including supermarkets/hypermarkets and specialty stores along with e-commerce platforms. Additionally, demand for premium quality products have seen a surge due to rising levels of disposable incomes amongst middle class families residing in urban areas. With higher purchasing power customers are willing to pay extra price on high quality product offerings such as organic or gluten free variants which are being sold at a premium rate compared with standard ones creating revenue opportunities for manufacturers operating within this space.
Due To Long Supply Chain Involved ??? Manufacturers face stiff competition when it comes down cost related aspects due production costs associated with sourcing raw materials from agricultural farmers during harvest season followed up by storage costs thereby making it difficult for them to offer competitive prices amidst intense competition among other traditional players operating within this segment leading towards decrease profitability margins especially those who lack economies of scale advantage causing concern among smaller companies involved in similar activities pertaining towards distribution network expansion strategies that could help reduce overall expenditures incurred while manufacturing these goods into finished products ready for sale into consumer markets around world
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 Honey Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Honey Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Honey Market - Industry Life Cycle |
3.4 Philippines Honey Market - Porter's Five Forces |
3.5 Philippines Honey Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Honey Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Philippines Honey Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
4 Philippines Honey Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Honey Market Trends |
6 Philippines Honey Market, By Types |
6.1 Philippines Honey Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Honey Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Honey Market Revenues & Volume, By Alfalfa Honey, 2021-2031F |
6.1.4 Philippines Honey Market Revenues & Volume, By Wildflower Honey, 2021-2031F |
6.1.5 Philippines Honey Market Revenues & Volume, By Buckwheat Honey, 2021-2031F |
6.1.6 Philippines Honey Market Revenues & Volume, By Acacia Honey, 2021-2031F |
6.1.7 Philippines Honey Market Revenues & Volume, By Clover Honey, 2021-2031F |
6.1.8 Philippines Honey Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Honey Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Honey Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.3 Philippines Honey Market Revenues & Volume, By Personal Care Products, 2021-2031F |
6.2.4 Philippines Honey Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Philippines Honey Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Honey Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Philippines Honey Market Revenues & Volume, By Bottle, 2021-2031F |
6.3.3 Philippines Honey Market Revenues & Volume, By Jar, 2021-2031F |
6.3.4 Philippines Honey Market Revenues & Volume, By Tube, 2021-2031F |
6.3.5 Philippines Honey Market Revenues & Volume, By Tub, 2021-2031F |
6.3.6 Philippines Honey Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Honey Market Import-Export Trade Statistics |
7.1 Philippines Honey Market Export to Major Countries |
7.2 Philippines Honey Market Imports from Major Countries |
8 Philippines Honey Market Key Performance Indicators |
9 Philippines Honey Market - Opportunity Assessment |
9.1 Philippines Honey Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Honey Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Philippines Honey Market Opportunity Assessment, By Packaging, 2021 & 2031F |
10 Philippines Honey Market - Competitive Landscape |
10.1 Philippines Honey Market Revenue Share, By Companies, 2024 |
10.2 Philippines Honey Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |