While the concentrates market has faced challenges in the Philippines in recent years, powdered concentrates are poised for a slight rebound in volume terms in 2024. This growth is largely driven by the affordability of powdered concentrates, which has allowed them to compete more effectively with juice drinks. The improvement in the Philippine job market has also supported increased consumer spending, further fuelling demand for these products.
Euromonitor International's Concentrates in Philippines report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Concentrates 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.
Concentrates in the Philippines
Euromonitor International
November 2024
List Of Contents And Tables
CONCENTRATES IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
Powder concentrates show some momentum, but lack of convenience remains a challenge
Mondelez Philippines launches Tang Fruit+ with Stevia in keeping with trend towards health-focused product innovation
Smaller players gain traction through direct selling and e-commerce
PROSPECTS AND OPPORTUNITIES
Powder concentrates will see renewed interest
Health and wellness trends will create growth opportunities for zero-sugar concentrates
Lack of innovation in liquid concentrates highlights opportunity for inclusion of value-added features
CATEGORY DATA
Concentrates conversions
Summary 1 Concentrates Conversion Factors for Ready-to-Drink (RTD) Format
Table 1 Off-trade Sales of Concentrates (RTD) by Category: Volume 2019-2024
Table 2 Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2019-2024
Table 3 Off-trade Sales of Concentrates by Category: Value 2019-2024
Table 4 Off-trade Sales of Concentrates by Category: % Value Growth 2019-2024