PROSPECTS AND OPPORTUNITIES
Further expansion expected, driven by convenience and affordability
Retail volume sales of processed fruit and vegetables will see moderate growth in volume terms over the forecast period, alongside the gradual recovery of the economy. Demand will also benefit from a movement towards products that offer greater convenience, in line with the return to busier lifestyles.
Foodservice will remain key driver of volume growth
While home cooking is set to continue to drive at-home consumption of processed fruits and vegetables, an expected increase in the number of foodservice establishments and rising consumer spending across this channel will significantly benefit the category. It will therefore be crucial for incumbent players to enhance their foodservice business development strategies to fully capitalise on this growth opportunity.
Plant-based diet culture may spur demand for shelf stable beans
The forecast period is likely to witness an increase in plant-based consumption, driving demand for processed fruits and vegetables, particularly shelf-stable beans. Established players can capitalise on this trend by effectively promoting the plant-based protein benefits of products such as black beans, green beans, and garbanzo beans.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Processed Fruit and Vegetables industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Processed Fruit and Vegetables industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Processed Fruit and Vegetables in Philippines report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Processed Fruit and Vegetables in Philippines?
- Which are the leading brands in Processed Fruit and Vegetables in Philippines?
- How are products distributed in Processed Fruit and Vegetables in Philippines?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Processed Fruit and Vegetables?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Philippines?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Processed Fruit and Vegetables in the Philippines - Category analysis
KEY DATA FINDINGS
Marketing initiatives create inspiring environment for processed fruit
Continued growth in foodservice, although demand remains below pre-pandemic levels
E-commerce drives consumer engagement
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
Staple Foods in the Philippines - Industry Overview
Staple foods in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for staple foods?
DISCLAIMER
The following categories and subcategories are included:
Processed Fruit and Vegetables
-
- Shelf Stable Beans
- Shelf Stable Fruit
- Shelf Stable Tomatoes
- Shelf Stable Vegetables
-
- Frozen Fruit
- Frozen Processed Potatoes
- Frozen Processed Vegetables
Processed Fruit and Vegetables
This is the aggregation of processed shelf stable fruit and vegetables and processed frozen fruit and vegetables.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Processed Fruit and Vegetables research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!