Cheese in the Philippines

Description

In the Philippines, sales of cheese are predominantly accounted for by spreadable cheese and processed cheese; the former faces competition from various spreads, but has shown notable resilience in 2024. Despite the challenges from competing products, cheese is expected to demonstrate moderate growth in both retail current value and volume terms in the Philippines in 2024. This growth is particularly evident in processed cheese (excl spreadable), which is set to experience a solid increase in re...

Euromonitor International's Cheese 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: Hard Cheese, Processed Cheese excl Spreadable, Soft Cheese, Spreadable Cheese.

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

Why buy this report?

Get a detailed picture of the Cheese 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: DAPHcf

List Of Contents And Tables

KEY DATA FINDINGS

2024 DEVELOPMENTS

Consumption of cheese remains resilient in 2024
Mondelez Philippines continues to lead cheese
Packaged hard cheese fails to see retail volume growth in 2024, as consumers scale back their spending

PROSPECTS AND OPPORTUNITIES

Stable growth anticipated for cheese over the forecast period, buoyed by familiarity of processed cheese
Retail e-commerce expected to grow in prominence
Wider product variety anticipated in packaged hard cheese

CATEGORY DATA

Table 1 Sales of Cheese by Category: Volume 2019-2024
Table 2 Sales of Cheese by Category: Value 2019-2024
Table 3 Sales of Cheese by Category: % Volume Growth 2019-2024
Table 4 Sales of Cheese by Category: % Value Growth 2019-2024
Table 5 Sales of Spreadable Cheese by Type: % Value 2019-2024
Table 6 Sales of Soft Cheese by Type: % Value 2019-2024
Table 7 Sales of Hard Cheese by Type: % Value 2019-2024
Table 8 NBO Company Shares of Cheese: % Value 2020-2024
Table 9 LBN Brand Shares of Cheese: % Value 2021-2024
Table 10 Distribution of Cheese by Format: % Value 2019-2024
Table 11 Forecast Sales of Cheese by Category: Volume 2024-2029
Table 12 Forecast Sales of Cheese by Category: Value 2024-2029
Table 13 Forecast Sales of Cheese by Category: % Volume Growth 2024-2029
Table 14 Forecast Sales of Cheese 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 15 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
Table 16 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
Table 18 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
Table 19 Penetration of Private Label by Category: % Value 2019-2024
Table 20 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
Table 21 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
Table 22 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029

DISCLAIMER

SOURCES

Summary 1 Research Sources