Consumer and Market Insights: Pasta & Noodles Market in the Philippines
A large base of young and working population coupled with rising disposable income will drive growth in the Philippines Pasta & Noodles market. Dried & Instant Noodles is the largest category while Dried Pasta is the fastest growing category during 2014-2019.
The Philippines Pasta & Noodles market offers opportunities to the marketers owing to presence of a large base of young and working population leading a busy life in the country who prefer to consume food products which takes less preparation time such as Pasta & Noodles
The Philippines Pasta & Noodles market is forecast to register growth at a CAGR of 7.6% during 2014-2019
Dried & Instant Noodles will remain the largest category while Dried Pasta is forecast to be the fastest growing category with a CAGR of 9.7% during 2014-2019.
The Philippines Pasta & Noodles market is led by domestic players such as Monde Nissin Corporation, Rfm Corporation, and international players such as Nissin Food Holdings Co. Ltd. And Del Monte Foods
Food price inflation is high in the Philippines at 5.5% which resulted in the rising demand of value for money Pasta & Noodle products in the country
Hypermarkets & Supermarkets distributed about 70.0% of the Pasta & Noodle products in the Philippines during 2011-2014
Canadean’s Consumer and Market Insight report on the Pasta & Noodles 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 2014-2019
Category coverage: Value and growth analysis for Ambient Noodles, Ambient Pasta, Chilled Noodles, Chilled Pasta, Dried & Instant Noodles, Dried Pasta with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019
Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2014
Distribution data: Value shares within each category through channels such as Hypermarkets & Supermarkets, Department Stores, Health & Beauty Stores and more
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, rigid metal and others; container data for: bag/sachet and others.
Reasons To Buy
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 brand 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
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