Product Code: ETC040930 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Processed Vegetable Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 0.03% in 2025, growth builds up to 0.05% by 2029.
By 2027, the Processed Vegetable market in Philippines is anticipated to reach a growth rate of 0.04%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Philippines processed vegetable market is projected to register an impressive CAGR of 6.1%, during the forecast period (2025-2031). The growth in the market is attributed to an increasing demand for convenient and nutritional food, higher disposable income, urbanization, and changing lifestyle habits. Moreover, rising health consciousness among consumers and growing vegetarianism has led to an increase in consumption of healthy vegetables. Furthermore, favorable government initiatives such as lowering import tariffs on processed fruits & vegetables are likely to further drive the growth of the Philippines processed vegetable market over the coming years
With a hectic lifestyle and limited time available for cooking meals at home, there is a significant shift towards convenience products like ready-to-eat/cook and frozen foods across different countries including Philippines. This trend has been increasingly observed amongst working age group population who prefer easy option for saving time while also being able to enjoy nutritiously balanced diet with busy schedules. Therefore this factor has been majorly responsible for driving sales of various packaged or preprocessed food items from supermarkets/hypermarkets/grocery stores which include frozen & canned vegetables as well leading rapid expansion in size of overall Philippine process vegetable sector during recent years. Additionally, with rising awareness about dietary benefits linked with consuming nutritious food products especially plant based ingredients have driven increased preference amongst customers toward organic & preservative free foods resulting into rise in demand for freshly prepared or naturally preserved fruits & veggies within country???s retail space contributing heavily towards respective industry???s revenue generation capacity over last few years.
Rapid Urbanization Leading To Higher Disposable Income Levels And Changing Lifestyle Habits Among Consumers In Country Have Been Responsible For Generating Increased Sales Opportunities Within Overall Industry During Recent Times As Customers Prefer Ready To Eat And Easily Cookable Products Over Traditional Cooking Practices Which Has Led To Significant Growth In Revenues From Respective Sector During Last Couple Of Years
High Competition Due To Presence Of Numerous Domestic As Well As International Vendors Operating Within Sector Resulting Into Price Wars Between Them Adversely Affecting Profitability Margins Attained By Player Companies Operating Within Segment Along
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 Processed Vegetable Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Processed Vegetable Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Processed Vegetable Market - Industry Life Cycle |
3.4 Philippines Processed Vegetable Market - Porter's Five Forces |
3.5 Philippines Processed Vegetable Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Processed Vegetable Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Processed Vegetable Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Processed Vegetable Market Revenues & Volume Share, By Processing Equipment, 2021 & 2031F |
4 Philippines Processed Vegetable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Processed Vegetable Market Trends |
6 Philippines Processed Vegetable Market, By Types |
6.1 Philippines Processed Vegetable Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Processed Vegetable Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Processed Vegetable Market Revenues & Volume, By Canned Vegetable, 2021-2031F |
6.1.4 Philippines Processed Vegetable Market Revenues & Volume, By Frozen Vegetable, 2021-2031F |
6.1.5 Philippines Processed Vegetable Market Revenues & Volume, By Fresh- Cut Vegetable, 2021-2031F |
6.2 Philippines Processed Vegetable Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Processed Vegetable Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Philippines Processed Vegetable Market Revenues & Volume, By Granules, 2021-2031F |
6.2.4 Philippines Processed Vegetable Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Processed Vegetable Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Processed Vegetable Market Revenues & Volume, By Family, 2021-2031F |
6.3.3 Philippines Processed Vegetable Market Revenues & Volume, By Restaurant, 2021-2031F |
6.3.4 Philippines Processed Vegetable Market Revenues & Volume, By Other, 2021-2031F |
6.4 Philippines Processed Vegetable Market, By Processing Equipment |
6.4.1 Overview and Analysis |
6.4.2 Philippines Processed Vegetable Market Revenues & Volume, By Pre-processing, 2021-2031F |
6.4.3 Philippines Processed Vegetable Market Revenues & Volume, By Processing, 2021-2031F |
6.4.4 Philippines Processed Vegetable Market Revenues & Volume, By Washing, 2021-2031F |
6.4.5 Philippines Processed Vegetable Market Revenues & Volume, By Filling, 2021-2031F |
6.4.6 Philippines Processed Vegetable Market Revenues & Volume, By Seasoning, 2021-2031F |
6.4.7 Philippines Processed Vegetable Market Revenues & Volume, By Packaging, 2021-2031F |
7 Philippines Processed Vegetable Market Import-Export Trade Statistics |
7.1 Philippines Processed Vegetable Market Export to Major Countries |
7.2 Philippines Processed Vegetable Market Imports from Major Countries |
8 Philippines Processed Vegetable Market Key Performance Indicators |
9 Philippines Processed Vegetable Market - Opportunity Assessment |
9.1 Philippines Processed Vegetable Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Processed Vegetable Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Processed Vegetable Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Processed Vegetable Market Opportunity Assessment, By Processing Equipment, 2021 & 2031F |
10 Philippines Processed Vegetable Market - Competitive Landscape |
10.1 Philippines Processed Vegetable Market Revenue Share, By Companies, 2024 |
10.2 Philippines Processed Vegetable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |