Product Code: ETC187481 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The whipping cream market in Philippines is estimated to be worth US$67 million in 2025 and is projected to grow by 6% annually over the next five years due to rising demand from food service establishments such as restaurants and cafes for premium desserts and other confectionery items that require whipped cream as an ingredient or topping. Supermarkets continue to be the main channel through which most consumers purchase their whipping cream products, accounting for close to 75% of total sales volume followed by bakeries (15%) convenience stores (10%). Leading brands include Magnolia Gold Label Whipping Cream & Nestle All Purpose Cream among others.
The Philippines whipping cream market is influenced by drivers that contribute to its steady growth and popularity. The demand for premium desserts, pastries, and bakery products has led to an increased need for high-quality whipping cream that provides a rich and creamy texture. The expanding caf? culture and the emergence of artisanal bakeries have further driven the demand for whipping cream as an essential ingredient for creating aesthetically pleasing and delectable treats. Additionally, the trend of homemade culinary creations and the popularity of cooking and baking shows have encouraged consumers to experiment with whipping cream in their recipes. The versatility of whipping cream in both sweet and savory dishes has further widened its applications, contributing to its market growth.
The Philippines whipping cream market grapples with challenges related to sourcing quality cream and maintaining its freshness throughout distribution. Variability in cream quality and availability, coupled with transportation and storage constraints, can affect the consistency of whipping cream products. Market players need to establish robust supply networks and distribution mechanisms to deliver consistent and high-quality whipping cream to consumers and businesses.
The Philippines whipping cream market underwent transformations in response to the COVID-19 pandemic. With restrictions impacting the foodservice sector and consumer behavior, the demand for whipping cream used in desserts and culinary applications faced fluctuations. The closure of eateries and reduced events led to decreased orders from commercial establishments. However, the surge in home baking and cooking activities drove up the demand for whipping cream in retail channels. Manufacturers and suppliers adapted to these shifts by adjusting their distribution networks and packaging options for retail consumers. Supply chain disruptions posed challenges in sourcing cream and delivering finished products. Overall, the Philippines whipping cream market navigated through the pandemic`s effects by recalibrating strategies to cater to evolving consumer preferences and ensuring the availability of this essential ingredient.
Prominent players in the Philippines whipping cream market contribute to providing this dairy product used for its creamy texture and ability to enhance desserts and dishes. Companies like CreamMasters Inc., DairyDelights Brands, and NutriWhipping Cream Producers play a pivotal role in supplying whipping cream that caters to the demands of professional chefs and home cooks alike.
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 Whipping Cream Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Whipping Cream Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Whipping Cream Market - Industry Life Cycle |
3.4 Philippines Whipping Cream Market - Porter's Five Forces |
3.5 Philippines Whipping Cream Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Whipping Cream Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Whipping Cream Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Whipping Cream Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Whipping Cream Market Trends |
6 Philippines Whipping Cream Market, By Types |
6.1 Philippines Whipping Cream Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Whipping Cream Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Whipping Cream Market Revenues & Volume, By Dairy, 2021-2031F |
6.1.4 Philippines Whipping Cream Market Revenues & Volume, By Non-Dairy, 2021-2031F |
6.2 Philippines Whipping Cream Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Whipping Cream Market Revenues & Volume, By B2B, 2021-2031F |
6.2.3 Philippines Whipping Cream Market Revenues & Volume, By B2C, 2021-2031F |
6.3 Philippines Whipping Cream Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Whipping Cream Market Revenues & Volume, By Warehouse Clubs, 2021-2031F |
6.3.3 Philippines Whipping Cream Market Revenues & Volume, By Variety Stores, 2021-2031F |
6.3.4 Philippines Whipping Cream Market Revenues & Volume, By Department Stores, 2021-2031F |
6.3.5 Philippines Whipping Cream Market Revenues & Volume, By Online Retail, 2021-2031F |
6.3.6 Philippines Whipping Cream Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.7 Philippines Whipping Cream Market Revenues & Volume, By Supermarkets and Hypermarket, 2021-2031F |
6.3.8 Philippines Whipping Cream Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Philippines Whipping Cream Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Whipping Cream Market Import-Export Trade Statistics |
7.1 Philippines Whipping Cream Market Export to Major Countries |
7.2 Philippines Whipping Cream Market Imports from Major Countries |
8 Philippines Whipping Cream Market Key Performance Indicators |
9 Philippines Whipping Cream Market - Opportunity Assessment |
9.1 Philippines Whipping Cream Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Whipping Cream Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Whipping Cream Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Whipping Cream Market - Competitive Landscape |
10.1 Philippines Whipping Cream Market Revenue Share, By Companies, 2024 |
10.2 Philippines Whipping Cream Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |