Product Code: ETC306629 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Philippines Squash market currently, in 2023, has witnessed an HHI of 7422, Which has decreased slightly 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 Philippines squash market has experienced a CAGR of 6% over the past five years. This growth can be attributed to shifting consumer preferences towards healthier beverage options. Squash, a concentrated flavored drink, appeals to health-conscious consumers seeking flavorful alternatives. The market`s expansion is also facilitated by innovative product launches and marketing strategies.
The Philippines squash market is driven by evolving consumer preferences and a growing focus on health and wellness. As consumers seek healthier beverage alternatives, squash, which offers a flavored and refreshing drink when mixed with water, gains popularity. The market is also influenced by marketing efforts highlighting natural flavors and reduced sugar content.
The Philippines Squash Market encounters challenges related to agriculture practices and consumer preferences. Ensuring consistent squash yields while managing pests, diseases, and environmental factors requires effective agricultural strategies. Moreover, aligning squash varieties with changing consumer preferences for taste, appearance, and nutrition adds complexity to cultivation. Adapting to shifting market demands and consumer trends remains a central challenge.
The Philippines squash market has been negatively impacted by the COVID-19 pandemic. The closure of sports facilities and reduced consumer spending have led to a decrease in demand for squash products. The market is expected to recover gradually as restrictions are lifted and consumer confidence improves.
Key players in the Philippines squash market include Del Monte Philippines Inc., Purefoods Hormel Company Inc., San Miguel Pure Foods Company Inc., Zesto Corporation, and Locally Blended Juices Corporation.
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 Squash Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Squash Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Squash Market - Industry Life Cycle |
3.4 Philippines Squash Market - Porter's Five Forces |
3.5 Philippines Squash Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Squash Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Philippines Squash Market Revenues & Volume Share, By Flavors, 2021 & 2031F |
3.8 Philippines Squash Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Squash Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of consuming squash |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Rising disposable income leading to higher spending on premium squash products |
4.3 Market Restraints |
4.3.1 Seasonal availability of squash affecting supply chain and pricing |
4.3.2 Competition from other beverages and health drinks impacting market share |
5 Philippines Squash Market Trends |
6 Philippines Squash Market, By Types |
6.1 Philippines Squash Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Squash Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Squash Market Revenues & Volume, By No Added Sugar, 2021-2031F |
6.1.4 Philippines Squash Market Revenues & Volume, By Added Sugar, 2021-2031F |
6.2 Philippines Squash Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Philippines Squash Market Revenues & Volume, By Regular, 2021-2031F |
6.2.3 Philippines Squash Market Revenues & Volume, By Blended, 2021-2031F |
6.3 Philippines Squash Market, By Flavors |
6.3.1 Overview and Analysis |
6.3.2 Philippines Squash Market Revenues & Volume, By Citrus Fruit,, 2021-2031F |
6.3.3 Philippines Squash Market Revenues & Volume, By Berry,, 2021-2031F |
6.3.4 Philippines Squash Market Revenues & Volume, By Tropical & Exotic Fruit, 2021-2031F |
6.3.5 Philippines Squash Market Revenues & Volume, By Mixed Fruit, 2021-2031F |
6.3.6 Philippines Squash Market Revenues & Volume, By Others, 2021-2031F |
6.4 Philippines Squash Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Squash Market Revenues & Volume, By Offline Channels, 2021-2031F |
6.4.3 Philippines Squash Market Revenues & Volume, By Online Channels, 2021-2031F |
7 Philippines Squash Market Import-Export Trade Statistics |
7.1 Philippines Squash Market Export to Major Countries |
7.2 Philippines Squash Market Imports from Major Countries |
8 Philippines Squash Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms promoting squash benefits |
8.2 Number of new product launches and innovations in the squash market |
8.3 Percentage of repeat customers and customer loyalty programs in the squash industry |
9 Philippines Squash Market - Opportunity Assessment |
9.1 Philippines Squash Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Squash Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Philippines Squash Market Opportunity Assessment, By Flavors, 2021 & 2031F |
9.4 Philippines Squash Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Squash Market - Competitive Landscape |
10.1 Philippines Squash Market Revenue Share, By Companies, 2024 |
10.2 Philippines Squash Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |