Philippines Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
The prepared meals market in the Philippines was valued at $140.6 million in 2021. The market is projected to grow at a CAGR of more than 6% during the forecast period. Ready meals was the largest category in the market both in terms of value and volume. The pizza category is forecast to register the fastest value and volume growth. Hypermarkets and supermarkets were the largest distribution channel in the Filipino prepared meals sector. Rigid plastic is the most used pack material, followed by flexible packaging and rigid metal.
The Philippines prepared meals market report 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.
Philippines prepared meals market overview
For more insights on this report, download a free report sample
What are the leading categories in the Philippines prepared meals market?
The leading categories in the prepared meals market in Philippines are ready meals, meal kits, and pizza. Ready meals led the Filipino prepared meals sector in terms of per capita consumption in 2021. The ready meals category can be further segmented into ambient ready meals, chilled ready meals, dried ready meals, and frozen ready meals. Pizzas can be further segmented into chilled pizza and frozen pizza. The meal kits category can be further segmented into ambient meal kits, chilled meal kits, and frozen meal kits.
Philippines prepared meals market, by category
For more leading category insights, download a free report sample
What are the leading distribution channels in the Philippines prepared meals market?
The leading distribution channels in the prepared meals market in the Philippines are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and cash and carries and warehouse clubs. Hypermarkets and supermarkets dominated the market.
Philippines prepared meals market, by distribution channel
For more distribution channels insights, download a free report sample
Which are the leading companies in the Philippines prepared meals market?
The leading companies in the Philippines prepared meals market are San Miguel Corporation, Cdo Foodsphere Inc., Universal Robina, Century Pacific Group, LA FILIPINA UY GONGCO GROUP OF COMPANIES, Hormel Foods Corporation, and Nestle. San Miguel Corporation dominates the Filipino prepared meals market both in terms of value and volume.
Philippines prepared meals market, by leading companies
To know more about leading companies, download a free report sample
Market report scope
| Market size (2021) | $140.6 million |
| Growth rate | CAGR of >6% |
| Forecast period | 2021-2026 |
| Leading categories | Ready Meals, Meal Kits, and Pizza |
| Leading distribution channels | Hypermarkets and Supermarkets, Food and Drinks Specialists, Convenience Stores, and Cash and Carries and Warehouse Clubs |
| Leading companies | San Miguel Corporation, Cdo Foodsphere Inc., Universal Robina, Century Pacific Group, LA FILIPINA UY GONGCO GROUP OF COMPANIES, Hormel Foods Corporation, and Nestle |
This report provides:
- Overall sector value and volume data with growth analysis for 2016-2026.
- Value and growth analysis for ambient meal kits, chilled meal kits, frozen meal kits, chilled pizza, frozen pizza, ambient ready meals, chilled ready meals, dried ready meals and frozen ready meals with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026.
- Market share of companies (in value terms) and private labels (in value terms) in 2021.
- Percentage of sales within each category through distribution channels.
- Consumption breakdown for package materials and pack types in each category, in terms of percentage share of the number of units sold.
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis.
- 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.
- 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 of key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, and population. It also includes an economic summary of the country along with the labor market and demographic trends.
Key Players
Table of Contents
List of Tables
List of Figures
Frequently Asked Questions
The prepared meals market in Philippines was valued at $140.6 million in 2021.
The prepared meals market in Philippines is projected to grow at a CAGR of more than 6% during the forecast period.
The leading categories in the prepared meals market in Philippines are ready meals, meal kits, and pizza.
The leading distribution channels in the prepared meals market in Malaysia are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and cash and carries and warehouse clubs.
The leading prepared meal companies in the Philippines are San Miguel Corporation, Cdo Foodsphere Inc., Universal Robina, Century Pacific Group, LA FILIPINA UY GONGCO GROUP OF COMPANIES, Hormel Foods Corporation, and Nestle.
Get in touch to find out about our multi-purchase discounts
reportstore@globaldata.com
Tel +44 (0) 20 7947 2960
Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.
Still undecided about purchasing this report?
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.
