| Product Code: ETC408025 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In addition to hake, the salted fish market holds a significant place in the Philippines` fishing landscape. Salted fish, a traditional staple in Filipino cuisine, has witnessed consistent demand within the country. Its extended shelf life and unique taste have kept it relevant despite the changing food preferences. Local producers continue to play a crucial role in meeting the domestic consumption of salted fish, ensuring its place on Filipino tables and in culinary traditions.
The salted fish market in the Philippines is primarily driven by the need for food preservation in a country with a strong maritime heritage. Salted fish has been a staple in Filipino diets for centuries due to its long shelf life and unique flavor. The market`s growth is sustained by its cultural significance, availability in various regional cuisines, and the demand for convenient and traditional food options.
The Philippines salted fish market faces challenges related to food safety, quality standards, and changing consumer preferences. Proper salting and drying techniques are essential to prevent spoilage and ensure food safety. Meeting quality standards that cater to both local and international markets can be demanding. Moreover, evolving consumer preferences for convenience and fresh products might impact the demand for traditional salted fish.
The salted fish market in the Philippines has traditionally been a staple in the local diet and is also exported to other countries. However, the COVID-19 pandemic has had an impact on this market. Lockdowns, restrictions on movement, and disruptions in the supply chain have led to challenges in both production and distribution. This has resulted in a decline in demand, both domestically and internationally, as consumer preferences shifted and economic uncertainties grew.
Salted fish is a traditional Filipino delicacy commonly known as "daing" or "tuyo. " Local producers and distributors often dominate this market due to its traditional nature. Companies like Marvs Trading and RDEX Food International are examples of businesses that specialize in producing and distributing salted fish products.