Baked goods is returning to stronger retail value and volume sales in 2022, following the dip seen in 2020-2021 and the start of a positive rebound since. This relatively slow recovery has been due to ongoing impacts from the time of the COVID-19 pandemic. For example, some independent and community bakeries were not able to withstand the challenging environment of 2020-2021 with pandemic restrictions leading to lockdowns and a loss in trade and have since been forced to close.
The Baked Goods 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 2017-2021, 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 2026, clearly indicating how the market is expected to change.
Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.
Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
The Baked Goods 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 2017-2021, 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 2026, clearly indicating how the market is expected to change.
Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.
Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Baked Goods 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
BAKED GOODS IN THE PHILIPPINESKEY DATA FINDINGS
2022 DEVELOPMENTS
- Relatively slow ongoing recovery due to lingering impacts from the pandemic and geopolitical unrest
- SM Retail Inc ups its shake in Goldilocks Bake Shop, giving Goldilocks a stronger competitive advantage
- Unpackaged cakes see sustained demand, bucking other trends and leading some consumers to launch their own home-baking businesses
PROSPECTS AND OPPORTUNITIES
- Brighter future expected for baked goods as lifestyles and purchasing patterns normalise in a post-pandemic landscape
- Balai ni Fruitas tipped as leading expansion plans, with the ongoing opening of hundreds of new stores
- Rising competition inspires Gardenia Bakeries to diversify its strategies and portfolio
CATEGORY DATA
- Table 1 Sales of Baked Goods by Category: Volume 2017-2022
- Table 2 Sales of Baked Goods by Category: Value 2017-2022
- Table 3 Sales of Baked Goods by Category: % Volume Growth 2017-2022
- Table 4 Sales of Baked Goods by Category: % Value Growth 2017-2022
- Table 5 NBO Company Shares of Baked Goods: % Value 2018-2022
- Table 6 LBN Brand Shares of Baked Goods: % Value 2019-2022
- Table 7 Distribution of Baked Goods by Format: % Value 2017-2022
- Table 8 Forecast Sales of Baked Goods by Category: Volume 2022-2027
- Table 9 Forecast Sales of Baked Goods by Category: Value 2022-2027
- Table 10 Forecast Sales of Baked Goods by Category: % Volume Growth 2022-2027
- Table 11 Forecast Sales of Baked Goods by Category: % Value Growth 2022-2027
STAPLE FOODS IN THE PHILIPPINES
EXECUTIVE SUMMARY
- Staple foods in 2022: The big picture
- Key trends in 2022
- Competitive landscape
- Channel developments
- What next for staple foods?
MARKET DATA
- Table 12 Sales of Staple Foods by Category: Volume 2017-2022
- Table 13 Sales of Staple Foods by Category: Value 2017-2022
- Table 14 Sales of Staple Foods by Category: % Volume Growth 2017-2022
- Table 15 Sales of Staple Foods by Category: % Value Growth 2017-2022
- Table 16 NBO Company Shares of Staple Foods: % Value 2018-2022
- Table 17 LBN Brand Shares of Staple Foods: % Value 2019-2022
- Table 18 Penetration of Private Label by Category: % Value 2017-2022
- Table 19 Distribution of Staple Foods by Format: % Value 2017-2022
- Table 20 Forecast Sales of Staple Foods by Category: Volume 2022-2027
- Table 21 Forecast Sales of Staple Foods by Category: Value 2022-2027
- Table 22 Forecast Sales of Staple Foods by Category: % Volume Growth 2022-2027
- Table 23 Forecast Sales of Staple Foods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
- Summary 1 Research Sources
