Consumer and Market Insights: Bakery and Cereals in the Philippines
SummaryThe Bakery & Cereals market in the Philippines is forecast to grow in value terms during 2015-2020 driven by a growing economy and large young population base. Cookies (Sweet Biscuits) is the leading value category and the Energy Bars category is forecast to register the fastest growth during 2015-2020. Bakery & Cereals consumption among Filipinos is mainly influenced by the Sensory Fusion and the Wellbeing consumer trends.
Key FindingsThe Filipino Bakery and Cereals market is forecast to grow at a CAGR of 4.2% during 2015-2020.
The Filipino consumers are opting for value for money products in the Bakery and Cereals market.
The Energy Bars category is forecast to register fastest growth in value terms during 2015-2020.
Hypermarkets & Supermarkets is the leading distribution channel in the Filipino Bakery and Cereals market. Sensory Fusion and Wellbeing are the two consumer trends driving growth in the Filipino Bakery and Cereals market.
SynopsisCanadean’s Consumer and Market Insights report on the Bakery and Cereals market in the Philippines provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained?
Market data: Overall market value and volume data with growth analysis for 2010-2020
Category coverage: Value and growth analysis for Baking Mixes, Baking Ingredients, Bread & Rolls, Breakfast Cereals, Cakes, Pastries & Sweet Pies, Dough Products, Cereal Bars, Energy Bars, Cookies (Sweet Biscuits), Savory Biscuits, Morning Goods with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020
Leading players: Market share of brands from 2012-2015
Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and others in 2015
Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Flexible Packaging, Rigid Plastics, Paper & Board, and others; container data for: Film, Bag/Sachet, Tray, Clamshell and others
Consumer level trends: Top four consumer trends which influence Bakery and Cereals products consumption
Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020
Reasons To BuyIdentify 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 brand share analysis to plan effective market positioning
Access the key and most influential consumer trends driving Bakery and Cereals products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
Access to analysis on products launched in the market
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