Plant-Based Dairy in the Philippines

Description

In 2024, plant-based dairy in the Philippines is set to experience limited retail volume growth despite ongoing consumer interest. This can primarily be attributed to cost-of-living pressures, which have made these alternatives less accessible to a broader segment of the population. While consumers remain interested in healthier and more sustainable dietary options, the relatively higher price points of plant-based dairy products compared with traditional dairy products have prevented more signi...

Euromonitor International's Plant-based Dairy 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 2019-2023, 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 2028, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

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

Why buy this report?

Get a detailed picture of the Plant-based Dairy 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.

Product Code: DAPHpbdp

List Of Contents And Tables

KEY DATA FINDINGS

2024 DEVELOPMENTS

Plant-based dairy records limited retail volume growth in 2024 despite consumer interest, as locals face challenges from cost-of-living pressures
Single-serve other-plant based milk gains momentum
Foodservice consumption expected to raise the profile of other plant-based milk

PROSPECTS AND OPPORTUNITIES

Robust growth anticipated for plant-based milk in the forecast period
Other plant-based dairy expected to see intensified competition
Limited potential expected for plant-based cheese and plant-based yoghurt

CATEGORY DATA

Table 1 Sales of Plant-Based Dairy by Category: Value 2019-2024
Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024
Table 3 Sales of Other Plant-Based Milk by Type: % Value 2021-2024
Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024
Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024
Table 6 Distribution of Plant-Based Dairy by Format: % Value 2019-2024
Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029
Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029

DAIRY PRODUCTS AND ALTERNATIVES IN THE PHILIPPINES

EXECUTIVE SUMMARY

Dairy products and alternatives in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for dairy products and alternatives?

MARKET DATA

Table 9 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
Table 13 Penetration of Private Label by Category: % Value 2019-2024
Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029

DISCLAIMER

SOURCES

Summary 1 Research Sources