Meals and Soups in the Philippines

November 2023 | 19 pages | ID: M055ABFA06D0EN
Euromonitor International Ltd

Abstracts

The performance of meals and soups is being supported by consumers’ return to busy lifestyles, thus leading to a higher demand for convenience. Indeed, at the end of a busy workday, people seek easy, quick, and convenient ways to prepare their meals at home. In order to meet this demand, players in meals and soups have been expanding their distribution networks and ramping up their shelf space in modern retail channels.

Euromonitor International's Meals and Soups 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: Food Kits, Pizza, Prepared Salads, Ready Meals, Soup.

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

Why buy this report?

• Get a detailed picture of the Meals and Soups 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Meals and Soups in the Philippines
Euromonitor International
November 2023
List Of Contents And Tables
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 1 Sales of Meals and Soups by Category: Volume 2018-2023
Table 2 Sales of Meals and Soups by Category: Value 2018-2023
Table 3 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
Table 4 Sales of Meals and Soups by Category: % Value Growth 2018-2023
Table 5 Sales of Frozen Ready Meals by Ethnicity: % Value 2018-2023
Table 6 NBO Company Shares of Meals and Soups: % Value 2019-2023
Table 7 LBN Brand Shares of Meals and Soups: % Value 2020-2023
Table 8 Distribution of Meals and Soups by Format: % Value 2018-2023
Table 9 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
Table 10 Forecast Sales of Meals and Soups by Category: Value 2023-2028
Table 11 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
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 13 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
Table 19 Penetration of Private Label by Category: % Value 2018-2023
Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources