Philippines Bakery and Cereals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026

Philippines Bakery and Cereals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026

Summary

GlobalData’s Country Profile report on the bakery & cereals sector in Philippines provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

The Filipino bakery & cereals sector was led by cookies (sweet biscuits) category in value terms. However, the energy bars category is forecast to be the fastest growing category in value terms during 2021-2026. Hypermarkets & supermarkets was the leading channel for distribution of bakery & cereals products in the country. Flexible packaging was the most commonly used pack material in Filipino bakery & cereals sector. QAF Limited, Rebisco Group of Companies, and Monde Nissin Corporation are the leading companies in the Filipino bakery & cereals sector.

What else is contained?

• Sector data: Overall sector value and volume data with growth analysis for 2016-2026
• Category coverage: Value and growth analysis for baking ingredients, baking mixes, bread & rolls, cakes, pastries & sweet pies, cereal bars, cookies (sweet biscuits), dough products, energy bars, morning goods and savory biscuits with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026
• Leading players: Market share of companies (in value terms) and private labels (in value terms) in 2021
• Distribution data: Percentage of sales within each category through distribution channels such as dollar stores, variety store & general merchandise retailers, cash & carries & warehouse clubs, convenience stores, department stores, drugstores & pharmacies, E-retailers, Food & drinks specialists, hypermarkets & supermarkets, vending machines.
• Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. pack material data for glass, flexible packaging, rigid plastics, paper & board and rigid metal; pack type for: jar, bag/sachet, tub, speciality container, stand up pouch, carton - folding, can, tray, film, foil, wrapper, box, blister pack, tube, sleeve, clamshell, bottle, other pack type, closure type for: flip/snap top, screw top, prize off, plastic tie, film, lever closure, cap, foil and other closure types, primary outer types for: carton - folding, bag, sleeve and shrink wrap.

• Per capita consumption and per capita expenditure of bakery & cereals was lower in the Philippines than both the global and regional levels in 2021
• Hypermarkets & supermarkets was the leading distribution channel in the Filipino bakery & cereals sector, with a value share of 45.8% in 2021
• Artisanal Producers accounted for a volume share of 26.2% in the Filipino bakery & cereals sector, in 2021
• Savory biscuits was the most consolidated category, with the top three companies accounting for a 76.2% value share in 2021
• Flexible packaging accounted for a share of 76.3% in the Filipino bakery & cereals sector, in 2021

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labour market and demographic trends.