Cooking Ingredients and Meals in the Philippines
Inflationary pressures continue in 2023, however, we are seeing an overall resilience in cooking ingredients and meals in the Philippines – in both value and volume terms, variably. Shortages in raw materials continue to affect some categories, such as seen with sunflower oil in edible oils, however, such challenges appear to be stabilising. Overall, the return to social mobility, following the period of pandemic restrictions and lockdowns, is assisting with the revival of economic activities. A...
Euromonitor International's 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 2018-2022, 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 2027, 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?
Euromonitor International's 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 2018-2022, 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 2027, 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
Euromonitor International
November 2023
List Of Contents And Tables
COOKING INGREDIENTS AND MEALS IN THE PHILIPPINES
EXECUTIVE SUMMARY
Resilience of cooking ingredients and meals in 2023
Key trends
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
Table 7 Penetration of Private Label by Category: % Value 2018-2023
Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
EDIBLE OILS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Edible oils shows positive indicators, while volume remains lower than value due to inflationary pressures
Foodservice rebounds with help from technological developments to match evolved trends
Health and wellness trends drive demand for olive oil
PROSPECTS AND OPPORTUNITIES
Prevailing health and wellbeing trends will continue to attract consumers to olive oil
Vegetable and seed oils will continue to hold mass appeal – especially in foodservice
E-commerce continues to expand in the Philippines
CATEGORY DATA
Table 13 Sales of Edible Oils by Category: Volume 2018-2023
Table 14 Sales of Edible Oils by Category: Value 2018-2023
Table 15 Sales of Edible Oils by Category: % Volume Growth 2018-2023
Table 16 Sales of Edible Oils by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Edible Oils: % Value 2019-2023
Table 18 LBN Brand Shares of Edible Oils: % Value 2020-2023
Table 19 Distribution of Edible Oils by Format: % Value 2018-2023
Table 20 Forecast Sales of Edible Oils by Category: Volume 2023-2028
Table 21 Forecast Sales of Edible Oils by Category: Value 2023-2028
Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
MEALS AND SOUPS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Meals and soups supported by consumers’ demand for convenience
E-commerce adds value as a promotional tool to link to social media
Unilever maintains its top place thanks to Knorr’s dominant position in dry soup
PROSPECTS AND OPPORTUNITIES
Frozen ready meals could stimulate greater competition, with premium and health-focused options
Health and wellness trends set to influence consumers’ choices
Foodservice partnerships could help boost sales of soup
CATEGORY DATA
Table 24 Sales of Meals and Soups by Category: Volume 2018-2023
Table 25 Sales of Meals and Soups by Category: Value 2018-2023
Table 26 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
Table 27 Sales of Meals and Soups by Category: % Value Growth 2018-2023
Table 28 Sales of Frozen Ready Meals by Ethnicity: % Value 2018-2023
Table 29 NBO Company Shares of Meals and Soups: % Value 2019-2023
Table 30 LBN Brand Shares of Meals and Soups: % Value 2020-2023
Table 31 Distribution of Meals and Soups by Format: % Value 2018-2023
Table 32 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
Table 33 Forecast Sales of Meals and Soups by Category: Value 2023-2028
Table 34 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
Table 35 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
SAUCES, DIPS AND CONDIMENTS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Robust home-cooking culture sustains interest in sauces, dips, and condiments
Recovery of foodservice supports ongoing growth
CDO Foodsphere’s distribution of Kraft Heinz products is underway – benefitting both foodservice and retail channels
PROSPECTS AND OPPORTUNITIES
Health and wellness trends likely to influence developments in sauces, dips, and condiments
Mustard continues to show lacklustre prospects in retail
Ongoing prospects seen for foodservice, supporting popular sauces, dips, and condiments
CATEGORY DATA
Table 36 Sales of Sauces, Dips and Condiments by Category: Volume 2018-2023
Table 37 Sales of Sauces, Dips and Condiments by Category: Value 2018-2023
Table 38 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2018-2023
Table 39 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2018-2023
Table 40 Sales of Liquid Recipe Sauces by Type: % Value 2018-2023
Table 41 Sales of Other Sauces and Condiments by Type: Rankings 2018-2023
Table 42 NBO Company Shares of Sauces, Dips and Condiments: % Value 2019-2023
Table 43 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2020-2023
Table 44 Distribution of Sauces, Dips and Condiments by Format: % Value 2018-2023
Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2023-2028
Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2023-2028
Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2023-2028
Table 48 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2023-2028
SWEET SPREADS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Sweet spreads registered growth in 2023
Revival of foodservice benefits sweet spreads, in a cross-category trend
Health and wellness trends fuel the popularity of honey
PROSPECTS AND OPPORTUNITIES
Sweet spreads set for healthy growth over the forecast period
Plant-based spreads set to see wider availability
An increased variety of pack sizes expected to appeal to a wide range of consumers
CATEGORY DATA
Table 49 Sales of Sweet Spreads by Category: Volume 2018-2023
Table 50 Sales of Sweet Spreads by Category: Value 2018-2023
Table 51 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
Table 52 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
Table 53 NBO Company Shares of Sweet Spreads: % Value 2019-2023
Table 54 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
Table 55 Distribution of Sweet Spreads by Format: % Value 2018-2023
Table 56 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
Table 57 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
Table 58 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
Table 59 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028
Euromonitor International
November 2023
List Of Contents And Tables
COOKING INGREDIENTS AND MEALS IN THE PHILIPPINES
EXECUTIVE SUMMARY
Resilience of cooking ingredients and meals in 2023
Key trends
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
Table 7 Penetration of Private Label by Category: % Value 2018-2023
Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
EDIBLE OILS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Edible oils shows positive indicators, while volume remains lower than value due to inflationary pressures
Foodservice rebounds with help from technological developments to match evolved trends
Health and wellness trends drive demand for olive oil
PROSPECTS AND OPPORTUNITIES
Prevailing health and wellbeing trends will continue to attract consumers to olive oil
Vegetable and seed oils will continue to hold mass appeal – especially in foodservice
E-commerce continues to expand in the Philippines
CATEGORY DATA
Table 13 Sales of Edible Oils by Category: Volume 2018-2023
Table 14 Sales of Edible Oils by Category: Value 2018-2023
Table 15 Sales of Edible Oils by Category: % Volume Growth 2018-2023
Table 16 Sales of Edible Oils by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Edible Oils: % Value 2019-2023
Table 18 LBN Brand Shares of Edible Oils: % Value 2020-2023
Table 19 Distribution of Edible Oils by Format: % Value 2018-2023
Table 20 Forecast Sales of Edible Oils by Category: Volume 2023-2028
Table 21 Forecast Sales of Edible Oils by Category: Value 2023-2028
Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
MEALS AND SOUPS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Meals and soups supported by consumers’ demand for convenience
E-commerce adds value as a promotional tool to link to social media
Unilever maintains its top place thanks to Knorr’s dominant position in dry soup
PROSPECTS AND OPPORTUNITIES
Frozen ready meals could stimulate greater competition, with premium and health-focused options
Health and wellness trends set to influence consumers’ choices
Foodservice partnerships could help boost sales of soup
CATEGORY DATA
Table 24 Sales of Meals and Soups by Category: Volume 2018-2023
Table 25 Sales of Meals and Soups by Category: Value 2018-2023
Table 26 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
Table 27 Sales of Meals and Soups by Category: % Value Growth 2018-2023
Table 28 Sales of Frozen Ready Meals by Ethnicity: % Value 2018-2023
Table 29 NBO Company Shares of Meals and Soups: % Value 2019-2023
Table 30 LBN Brand Shares of Meals and Soups: % Value 2020-2023
Table 31 Distribution of Meals and Soups by Format: % Value 2018-2023
Table 32 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
Table 33 Forecast Sales of Meals and Soups by Category: Value 2023-2028
Table 34 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
Table 35 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
SAUCES, DIPS AND CONDIMENTS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Robust home-cooking culture sustains interest in sauces, dips, and condiments
Recovery of foodservice supports ongoing growth
CDO Foodsphere’s distribution of Kraft Heinz products is underway – benefitting both foodservice and retail channels
PROSPECTS AND OPPORTUNITIES
Health and wellness trends likely to influence developments in sauces, dips, and condiments
Mustard continues to show lacklustre prospects in retail
Ongoing prospects seen for foodservice, supporting popular sauces, dips, and condiments
CATEGORY DATA
Table 36 Sales of Sauces, Dips and Condiments by Category: Volume 2018-2023
Table 37 Sales of Sauces, Dips and Condiments by Category: Value 2018-2023
Table 38 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2018-2023
Table 39 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2018-2023
Table 40 Sales of Liquid Recipe Sauces by Type: % Value 2018-2023
Table 41 Sales of Other Sauces and Condiments by Type: Rankings 2018-2023
Table 42 NBO Company Shares of Sauces, Dips and Condiments: % Value 2019-2023
Table 43 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2020-2023
Table 44 Distribution of Sauces, Dips and Condiments by Format: % Value 2018-2023
Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2023-2028
Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2023-2028
Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2023-2028
Table 48 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2023-2028
SWEET SPREADS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Sweet spreads registered growth in 2023
Revival of foodservice benefits sweet spreads, in a cross-category trend
Health and wellness trends fuel the popularity of honey
PROSPECTS AND OPPORTUNITIES
Sweet spreads set for healthy growth over the forecast period
Plant-based spreads set to see wider availability
An increased variety of pack sizes expected to appeal to a wide range of consumers
CATEGORY DATA
Table 49 Sales of Sweet Spreads by Category: Volume 2018-2023
Table 50 Sales of Sweet Spreads by Category: Value 2018-2023
Table 51 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
Table 52 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
Table 53 NBO Company Shares of Sweet Spreads: % Value 2019-2023
Table 54 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
Table 55 Distribution of Sweet Spreads by Format: % Value 2018-2023
Table 56 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
Table 57 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
Table 58 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
Table 59 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028
