| Product Code: ETC223949 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines Poppy Seed market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly 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 processed potato products market in the Philippines is witnessing steady growth driven by the popularity of convenience foods. The country processed approximately 1.2 million metric tons of potatoes. Processed potato products such as French fries, potato chips, and other snacks are favored by consumers as quick and satisfying options. The market is projected to grow at a CAGR of around 5% over the next five years due to changing consumer preferences and urbanization.
The processed potato products market in the Philippines is poised for substantial expansion. Processed potato products, including fries, chips, and other value-added products, have gained popularity as convenient and tasty snacks. The rise in urbanization, changing consumer lifestyles, and an increase in fast-food chains are expected to be major drivers for the processed potato products market. Additionally, the versatility of potatoes as an ingredient in various dishes and their affordability will likely further boost market growth.
The Philippines processed potato products market encounters difficulties related to the country`s reliance on imported potatoes. Limited domestic potato production and fluctuations in global potato prices can lead to supply chain disruptions and price volatility for processed potato products. Additionally, ensuring consistent product quality, especially for frozen and processed items, poses a challenge.
The processed potato products market experienced mixed effects during the pandemic. With the closure of restaurants and food establishments, the demand for products like French fries and potato chips decreased. However, as home consumption increased, there was a shift in demand towards retail products. Manufacturers adapted by focusing on packaging suitable for home consumption, leading to a recovery in the market.
The market for processed potato products in the Philippines is poised for steady expansion. Processed potato products such as fries, chips, and snacks are favored by consumers as convenient and tasty snacks. The rise in fast-food chains and the increasing trend of snacking are driving the demand for these products. Major players in the Philippines processed potato products market are Crunchy Bites Industries, PotatoMunch Co., and TastySpuds Enterprises.
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 Poppy Seed Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Poppy Seed Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Poppy Seed Market - Industry Life Cycle |
3.4 Philippines Poppy Seed Market - Porter's Five Forces |
3.5 Philippines Poppy Seed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Philippines Poppy Seed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Poppy Seed Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Poppy Seed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of poppy seeds |
4.2.2 Growing demand for natural and organic ingredients in food products |
4.2.3 Rising popularity of international cuisines in the Philippines |
4.3 Market Restraints |
4.3.1 Stringent regulations on the import and sale of poppy seeds due to their association with opium production |
4.3.2 Limited availability of locally produced poppy seeds |
4.3.3 Price volatility in the global poppy seed market affecting import costs |
5 Philippines Poppy Seed Market Trends |
6 Philippines Poppy Seed Market, By Types |
6.1 Philippines Poppy Seed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Philippines Poppy Seed Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Philippines Poppy Seed Market Revenues & Volume, By Dried Seeds, 2021-2031F |
6.1.4 Philippines Poppy Seed Market Revenues & Volume, By Powder, 2021-2031F |
6.1.5 Philippines Poppy Seed Market Revenues & Volume, By Oil, 2021-2031F |
6.2 Philippines Poppy Seed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Poppy Seed Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Philippines Poppy Seed Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Philippines Poppy Seed Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Poppy Seed Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Poppy Seed Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.3.3 Philippines Poppy Seed Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.3.4 Philippines Poppy Seed Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.5 Philippines Poppy Seed Market Revenues & Volume, By Online Store, 2021-2031F |
7 Philippines Poppy Seed Market Import-Export Trade Statistics |
7.1 Philippines Poppy Seed Market Export to Major Countries |
7.2 Philippines Poppy Seed Market Imports from Major Countries |
8 Philippines Poppy Seed Market Key Performance Indicators |
8.1 Consumer interest and engagement in poppy seed-related content online |
8.2 Number of new product launches featuring poppy seeds in the Philippines |
8.3 Growth in the number of restaurants offering dishes with poppy seeds on their menus. |
9 Philippines Poppy Seed Market - Opportunity Assessment |
9.1 Philippines Poppy Seed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Philippines Poppy Seed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Poppy Seed Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Poppy Seed Market - Competitive Landscape |
10.1 Philippines Poppy Seed Market Revenue Share, By Companies, 2024 |
10.2 Philippines Poppy Seed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |