Cooking Ingredients and Meals in the Philippines

The cooking ingredients and meals market in the Philippines is set to see slightly slower retail volume growth in 2022 than in the previous year. In 2021, the market stabilised following the spike in demand resulting from the shift to homebound lifestyles at the height of the COVID-19 crisis in 2020.

The Cooking Ingredients and Meals 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: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Cooking Ingredients and Meals 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.

COOKING INGREDIENTS AND MEALS IN THE PHILIPPINES

EXECUTIVE SUMMARY

Cooking ingredients and meals in 2022: The big picture
Key trends in 2022
Competitive landscape
Channel developments
What next for cooking ingredients and meals?

MARKET DATA

Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2017-2022
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2017-2022
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2017-2022
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2017-2022
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2018-2022
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2019-2022
Table 7 Penetration of Private Label by Category: % Value 2017-2022
Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2017-2022
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2022-2027
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2022-2027
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2022-2027
Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES

Summary 1 Research Sources

EDIBLE OILS IN THE PHILIPPINESKEY DATA FINDINGS

2022 DEVELOPMENTS

Price rises hit volume sales
Russian invasion of Ukraine hits supply of sunflower oil
Changes in competitive landscape, while e-commerce continues to gain share

PROSPECTS AND OPPORTUNITIES

Slower growth ahead
Strong performances for rapeseed oil and palm oil
Sunflower oil to see demand hit by high prices

CATEGORY DATA

Table 13 Sales of Edible Oils by Category: Volume 2017-2022
Table 14 Sales of Edible Oils by Category: Value 2017-2022
Table 15 Sales of Edible Oils by Category: % Volume Growth 2017-2022
Table 16 Sales of Edible Oils by Category: % Value Growth 2017-2022
Table 17 NBO Company Shares of Edible Oils: % Value 2018-2022
Table 18 LBN Brand Shares of Edible Oils: % Value 2019-2022
Table 19 Distribution of Edible Oils by Format: % Value 2017-2022
Table 20 Forecast Sales of Edible Oils by Category: Volume 2022-2027
Table 21 Forecast Sales of Edible Oils by Category: Value 2022-2027
Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2022-2027
Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2022-2027

MEALS AND SOUPS IN THE PHILIPPINESKEY DATA FINDINGS

2022 DEVELOPMENTS

Price rises boost value growth
Unilever working to maintain consumer interest and fend off competition
Foodservice brands’ presence in retail grows, while e-commerce continues to gain share

PROSPECTS AND OPPORTUNITIES

Ready meals to benefit from demand for convenience
Soup not seen as a standalone dish
Expansion of the plant-based offer

CATEGORY DATA

Table 24 Sales of Meals and Soups by Category: Volume 2017-2022
Table 25 Sales of Meals and Soups by Category: Value 2017-2022
Table 26 Sales of Meals and Soups by Category: % Volume Growth 2017-2022
Table 27 Sales of Meals and Soups by Category: % Value Growth 2017-2022
Table 28 Sales of Frozen Ready Meals by Ethnicity: % Value 2017-2022
Table 29 NBO Company Shares of Meals and Soups: % Value 2018-2022
Table 30 LBN Brand Shares of Meals and Soups: % Value 2019-2022
Table 31 Distribution of Meals and Soups by Format: % Value 2017-2022
Table 32 Forecast Sales of Meals and Soups by Category: Volume 2022-2027
Table 33 Forecast Sales of Meals and Soups by Category: Value 2022-2027
Table 34 Forecast Sales of Meals and Soups by Category: % Volume Growth 2022-2027
Table 35 Forecast Sales of Meals and Soups by Category: % Value Growth 2022-2027

SAUCES, DIPS AND CONDIMENTS IN THE PHILIPPINESKEY DATA FINDINGS

2022 DEVELOPMENTS

Prices rise, but demand for convenience supports sales of recipe sauces
Expansion of products with a health orientated positioning
Developments in competitive landscape

PROSPECTS AND OPPORTUNITIES

Slower growth, but rising demand for convenience
Oyster sauce set to see notable growth, but limited potential in mustard
MSG poised to lose share

CATEGORY DATA

Table 36 Sales of Sauces, Dips and Condiments by Category: Volume 2017-2022
Table 37 Sales of Sauces, Dips and Condiments by Category: Value 2017-2022
Table 38 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2017-2022
Table 39 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2017-2022
Table 40 Sales of Liquid Recipe Sauces by Type: % Value 2017-2022
Table 41 NBO Company Shares of Sauces, Dips and Condiments: % Value 2018-2022
Table 42 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2019-2022
Table 43 Distribution of Sauces, Dips and Condiments by Format: % Value 2017-2022
Table 44 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2022-2027
Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2022-2027
Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2022-2027
Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2022-2027

SWEET SPREADS IN THE PHILIPPINESKEY DATA FINDINGS

2022 DEVELOPMENTS

Rising prices boost value growth
Leading brand, Lily’s moves into chocolate spreads
Collaborations provide promotional opportunities for sweet spreads players

PROSPECTS AND OPPORTUNITIES

Return to foodservice to dampen demand for at-home meals
Positive outlook for chocolate spreads
Honey growing from low base, with limited potential for expansion of consumer base

CATEGORY DATA