Product Code: CSPH
Retail sales of staple foods in the Philippines are projected to show positive growth in volume terms throughout 2024, despite sustained inflationary pressures that continue to push up food prices. This rise in costs is largely attributable to energy price hikes, unpredictable weather conditions, and a volatile global economy, which together have created a challenging environment for Filipino households. As a result, many consumers are reassessing their spending habits, frequently opting for mor...
Euromonitor International's Staple Foods in Philippines report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.
Product coverage: Baked Goods, Breakfast Cereals, Processed Fruit and Vegetables, Processed Meat, Seafood and Alternatives to Meat, Rice, Pasta and Noodles.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Staple Foods market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Staple foods in 2024: The big picture
- Key trends in 2024
- Competitive landscape
- Channel developments
- What next for staple foods?
MARKET DATA
- Table 1 Sales of Staple Foods by Category: Volume 2019-2024
- Table 2 Sales of Staple Foods by Category: Value 2019-2024
- Table 3 Sales of Staple Foods by Category: % Volume Growth 2019-2024
- Table 4 Sales of Staple Foods by Category: % Value Growth 2019-2024
- Table 5 NBO Company Shares of Staple Foods: % Value 2020-2024
- Table 6 LBN Brand Shares of Staple Foods: % Value 2021-2024
- Table 7 Penetration of Private Label by Category: % Value 2019-2024
- Table 8 Distribution of Staple Foods by Format: % Value 2019-2024
- Table 9 Forecast Sales of Staple Foods by Category: Volume 2024-2029
- Table 10 Forecast Sales of Staple Foods by Category: Value 2024-2029
- Table 11 Forecast Sales of Staple Foods by Category: % Volume Growth 2024-2029
- Table 12 Forecast Sales of Staple Foods by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
- Summary 1 Research Sources
BAKED GOODS IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Baked goods set to register sustained growth in 2024
- Growing interest in better-for-you baked goods
- Increase in product variety
PROSPECTS AND OPPORTUNITIES
- Baked goods market will remain resilient, amid expanding distribution
- On-the-go formats anticipated to see greater availability
- Scope for premiumisation of baked goods
CATEGORY DATA
- Table 13 Sales of Baked Goods by Category: Volume 2019-2024
- Table 14 Sales of Baked Goods by Category: Value 2019-2024
- Table 15 Sales of Baked Goods by Category: % Volume Growth 2019-2024
- Table 16 Sales of Baked Goods by Category: % Value Growth 2019-2024
- Table 17 Sales of Pastries by Type: % Value 2019-2024
- Table 18 NBO Company Shares of Baked Goods: % Value 2020-2024
- Table 19 LBN Brand Shares of Baked Goods: % Value 2021-2024
- Table 20 Distribution of Baked Goods by Format: % Value 2019-2024
- Table 21 Forecast Sales of Baked Goods by Category: Volume 2024-2029
- Table 22 Forecast Sales of Baked Goods by Category: Value 2024-2029
- Table 23 Forecast Sales of Baked Goods by Category: % Volume Growth 2024-2029
- Table 24 Forecast Sales of Baked Goods by Category: % Value Growth 2024-2029
BREAKFAST CEREALS IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Breakfast cereals maintains positive growth trajectory amid hectic lifestyles
- Focus on nutritional content
- E-commerce emerges as important source of growth
PROSPECTS AND OPPORTUNITIES
- Better economic conditions will lead to increased demand
- Greater emphasis on health aspects of cereals
- On-the-go formats may see greater visibility
CATEGORY DATA
- Table 25 Sales of Breakfast Cereals by Category: Volume 2019-2024
- Table 26 Sales of Breakfast Cereals by Category: Value 2019-2024
- Table 27 Sales of Breakfast Cereals by Category: % Volume Growth 2019-2024
- Table 28 Sales of Breakfast Cereals by Category: % Value Growth 2019-2024
- Table 29 NBO Company Shares of Breakfast Cereals: % Value 2020-2024
- Table 30 LBN Brand Shares of Breakfast Cereals: % Value 2021-2024
- Table 31 Distribution of Breakfast Cereals by Format: % Value 2019-2024
- Table 32 Forecast Sales of Breakfast Cereals by Category: Volume 2024-2029
- Table 33 Forecast Sales of Breakfast Cereals by Category: Value 2024-2029
- Table 34 Forecast Sales of Breakfast Cereals by Category: % Volume Growth 2024-2029
- Table 35 Forecast Sales of Breakfast Cereals by Category: % Value Growth 2024-2029
PROCESSED MEAT, SEAFOOD AND ALTERNATIVES TO MEAT IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Market remains resilient despite inflationary pressures
- Purefoods-Hormel seeks new growth avenues
- Processed seafood and tofu and derivatives seek to leverage health and wellness trend
PROSPECTS AND OPPORTUNITIES
- Retail and foodservice will see positive growth trajectory
- Meat alternatives are anticipated to gain traction
- Health and wellness trends will benefit processed seafood
CATEGORY DATA
- Table 36 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2019-2024
- Table 37 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2019-2024
- Table 38 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Volume Growth 2019-2024
- Table 39 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Value Growth 2019-2024
- Table 40 Sales of Shelf Stable Processed Red Meat by Type: % Volume Breakdown 2019-2024
- Table 41 Sales of Chilled Processed Red Meat by Type: % Volume Breakdown 2019-2024
- Table 42 Sales of Frozen Processed Red Meat by Type: % Volume Breakdown 2019-2024
- Table 43 Sales of Frozen Processed Poultry by Type: % Value Breakdown 2019-2024
- Table 44 Sales of Frozen Processed Seafood by Type: % Value Breakdown 2019-2024
- Table 45 NBO Company Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2020-2024
- Table 46 LBN Brand Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2021-2024
- Table 47 Distribution of Processed Meat, Seafood and Alternatives to Meat by Format: % Value 2019-2024
- Table 48 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2024-2029
- Table 49 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2024-2029
PROCESSED FRUIT AND VEGETABLES IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Marketing initiatives create inspiring environment for processed fruit
- Continued growth in foodservice, although demand remains below pre-pandemic levels
- E-commerce drives consumer engagement
PROSPECTS AND OPPORTUNITIES
- Further expansion expected, driven by convenience and affordability
- Foodservice will remain key driver of volume growth
- Plant-based diet culture may spur demand for shelf stable beans
CATEGORY DATA
- Table 50 Sales of Processed Fruit and Vegetables by Category: Volume 2019-2024
- Table 51 Sales of Processed Fruit and Vegetables by Category: Value 2019-2024
- Table 52 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2019-2024
- Table 53 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2019-2024
- Table 54 Sales of Frozen Processed Vegetables by Type: % Value Breakdown 2019-2024
- Table 55 NBO Company Shares of Processed Fruit and Vegetables: % Value 2020-2024
- Table 56 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2021-2024
- Table 57 Distribution of Processed Fruit and Vegetables by Format: % Value 2019-2024
- Table 58 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2024-2029
- Table 59 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2024-2029
- Table 60 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2024-2029
- Table 61 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2024-2029
RICE, PASTA AND NOODLES IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Packaged rice remains a staple in Filipino households
- Instant noodles experience surge in popularity amid convenience-driven demand
- Foodservice remains key channel for dried pasta
PROSPECTS AND OPPORTUNITIES
- Better economic conditions and enhanced domestic supply should boost packaged rice sales
- Premiumisation will play greater role
- Wellness trends could inform product innovation, but adlai could pose a threat to healthier rice varieties
CATEGORY DATA
- Table 62 Sales of Rice, Pasta and Noodles by Category: Volume 2019-2024
- Table 63 Sales of Rice, Pasta and Noodles by Category: Value 2019-2024
- Table 64 Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2019-2024
- Table 65 Sales of Rice, Pasta and Noodles by Category: % Value Growth 2019-2024
- Table 66 Sales of Instant Noodles by Leading Flavours: Rankings 2019-2024
- Table 67 NBO Company Shares of Rice, Pasta and Noodles: % Value 2020-2024
- Table 68 LBN Brand Shares of Rice, Pasta and Noodles: % Value 2021-2024
- Table 69 NBO Company Shares of Rice: % Value 2020-2024
- Table 70 LBN Brand Shares of Rice: % Value 2021-2024
- Table 71 NBO Company Shares of Pasta: % Value 2020-2024
- Table 72 LBN Brand Shares of Pasta: % Value 2021-2024
- Table 73 NBO Company Shares of Noodles: % Value 2020-2024
- Table 74 LBN Brand Shares of Noodles: % Value 2021-2024
- Table 75 Distribution of Rice, Pasta and Noodles by Format: % Value 2019-2024
- Table 76 Distribution of Rice by Format: % Value 2019-2024
- Table 77 Distribution of Pasta by Format: % Value 2019-2024
- Table 78 Distribution of Noodles by Format: % Value 2019-2024
- Table 79 Forecast Sales of Rice, Pasta and Noodles by Category: Volume 2024-2029
- Table 80 Forecast Sales of Rice, Pasta and Noodles by Category: Value 2024-2029
- Table 81 Forecast Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2024-2029
- Table 82 Forecast Sales of Rice, Pasta and Noodles by Category: % Value Growth 2024-2029