Soup in the Philippines

Soup in the Philippines

In 2018, the inflation rate rose significantly in the Philippines, and in times of high inflation where a household budget can buy fewer goods, consumers are likely to forego purchasing discretionary items such as soup. As such, 2018 growth was slower than it was in 2017. In 2019, inflation was not as high as it was in 2018; nevertheless, soup still recorded slightly slower volume and value growth over the year compared to its growth in the previous year, partly due to the lack of efforts among...

Euromonitor International's Soup 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 2014-2018, 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 new product developments, distribution or pricing issues. Forecasts to 2023 illustrate how the market is set to change.

Product coverage: Chilled Soup, Dehydrated Soup, Frozen Soup, Instant Soup, Shelf Stable Soup.

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

Why buy this report?
* Get a detailed picture of the Soup 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.


Soup in the Philippines
Euromonitor International
November 2019
LIST OF CONTENTS AND TABLES
Headlines
Prospects
Soup Struggles To Gain Traction in A Country That Traditionally Prefers Rice Over Soup for Daily Consumption
Lack of Innovation in Soup Is Likely To Constrain the Category's Potential
Growing From A Small Base, Dehydrated Soup Sees Higher Growth, But Brand Options Remain Limited, Leaving It Up To Knorr To Create Interest With New Products
Competitive Landscape
Campbell Soup Maintains Its Dominance on the Strength of Its Strong Line of Shelf-stable Soup, the Largest Soup Category
Lack of Interest in Soup Is Reflected in Lack of Company Or Brand Activity in the Category
Cagayan Valley Research Center Produces A Line of Mung Bean Products, Including Soup, in An Effort To Support the Region's Mung Bean Farmers
Category Data
Table 1 Sales of Soup by Category: Volume 2014-2019
Table 2 Sales of Soup by Category: Value 2014-2019
Table 3 Sales of Soup by Category: % Volume Growth 2014-2019
Table 4 Sales of Soup by Category: % Value Growth 2014-2019
Table 5 Sales of Soup by Leading Flavours: Rankings 2014-2019
Table 6 NBO Company Shares of Soup: % Value 2015-2019
Table 7 LBN Brand Shares of Soup: % Value 2016-2019
Table 8 Distribution of Soup by Format: % Value 2014-2019
Table 9 Forecast Sales of Soup by Category: Volume 2019-2024
Table 10 Forecast Sales of Soup by Category: Value 2019-2024
Table 11 Forecast Sales of Soup by Category: % Volume Growth 2019-2024
Table 12 Forecast Sales of Soup by Category: % Value Growth 2019-2024
Executive Summary
Increased Spending Power Supports Faster Value Growth of Packaged Food in 2019
Along With Other Packaged Food Developments, A Plethora of New Products Are Introduced To Meet Demand for Convenient, Healthy, Interesting and Indulgent Food
While Universal Robina Maintains Its Overall Lead, the Competitive Landscape Sees Significant Expansion and Other New Developments in 2018-2019
Distribution Developments Include New Players, Acquisitions and Some Drop-outs, While Modern Grocery Retailers Continue To Dominate Sales
Ongoing Demand for Healthier, Convenient and Indulgent Food Will Ensure Continued Growth for Packaged Food in the Philippines
Foodservice
Sales To Foodservice
Consumer Foodservice
Category Data
Table 13 Foodservice Sales of Packaged Food by Category: Volume 2014-2019
Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2014-2019
Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2019-2024
Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2019-2024
Market Data
Table 17 Sales of Packaged Food by Category: Volume 2014-2019
Table 18 Sales of Packaged Food by Category: Value 2014-2019
Table 19 Sales of Packaged Food by Category: % Volume Growth 2014-2019
Table 20 Sales of Packaged Food by Category: % Value Growth 2014-2019
Table 21 GBO Company Shares of Packaged Food: % Value 2015-2019
Table 22 NBO Company Shares of Packaged Food: % Value 2015-2019
Table 23 LBN Brand Shares of Packaged Food: % Value 2016-2019
Table 24 Penetration of Private Label by Category: % Value 2014-2019
Table 25 Distribution of Packaged Food by Format: % Value 2014-2019
Table 26 Distribution of Packaged Food by Format and Category: % Value 2019
Table 27 Forecast Sales of Packaged Food by Category: Volume 2019-2024
Table 28 Forecast Sales of Packaged Food by Category: Value 2019-2024
Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2019-2024
Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2019-2024
Sources
Summary 1 Research Sources

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