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Yoghurt and Sour Milk Products in the Philippines

Publisher Euromonitor International
Published Sep 26, 2023
Length 17 Pages
SKU # EP18214855

Description

Yoghurt and Sour Milk Products in the Philippines


Yoghurt and sour milk products continued to record robust growth in retail volume terms in 2023. Sales are almost entirely made up of drinking yoghurt, and Yakult in particular, which benefits from local production. During the pandemic, the brand benefitted from the desire of consumers to improve their immunity, for which the probiotics contained within Yakult are known to be beneficial. These heightened health concerns served to boost the performance of drinking yoghurt in 2023, alongside impro...

Euromonitor International's Yoghurt and Sour Milk Products in Philippines report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Sour Milk Products, Yoghurt.

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

Why buy this report?
* Get a detailed picture of the Yoghurt and Sour Milk Products 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

Table of Contents

17 Pages
Yoghurt and Sour Milk Products in the Philippines
Euromonitor International
September 2023
List Of Contents And Tables
YOGHURT AND SOUR MILK PRODUCTS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Drinking yoghurt continues to expand in 2023
Yakult hopes to boost sales through further investments in local production
Plant-based offerings fail to gain traction, with new launches continuing to focus on functional attributes
PROSPECTS AND OPPORTUNITIES
Robust growth expected, with drinking yoghurt leading the wat
Fresh milk producers look to expand retail sales
Innovation in plant-based dairy could drive growth
CATEGORY DATA
Table 1 Sales of Yoghurt and Sour Milk Products by Category: Volume 2018-2023
Table 2 Sales of Yoghurt and Sour Milk Products by Category: Value 2018-2023
Table 3 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2018-2023
Table 4 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2019-2023
Table 6 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2020-2023
Table 7 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2018-2023
Table 8 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2023-2028
Table 9 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2023-2028
Table 10 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN THE PHILIPPINES
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 12 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 13 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 14 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 15 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 16 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 17 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 18 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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