Plant-Based Dairy in the Philippines

Abstract
Soy drinks is the only significant category within plant-based dairy as other categories are negligible in size due to limited product availability. Retail volume and current value sales of soy drinks declined sharply during the COVID-19 pandemic in 2020 and 2021 due to decreased incidence of impulse purchases through convenience stores. In 2022, there are prospects that retail sales soy drinks will recover and record positive growth as some degree of mobility is likely to be restored. Consumers...

Euromonitor International's Plant-based Dairy 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 2017-2021, 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 2026, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based 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 Plant-based Dairy 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.

Content
Plant-Based Dairy in the Philippines
October 2022

List Of Contents And Tables

PLANT-BASED DAIRY IN THE PHILIPPINES
KEY DATA FINDINGS
2022 DEVELOPMENTS
Plant-based dairy remains limited to soy drinks in 2022
Dwindling demand prompts leading players to launch new products to revitalise the category
Non-dairy alternatives to cheese that are suitable for vegans are emerging
PROSPECTS AND OPPORTUNITIES
Plant-based milk expected to emerge strongly during the forecast period
Plant-based yoghurt likely to emerge as a novel product with health benefits
Plant-based alternatives to emerge to dairy condensed milk and coffee whiteners
CATEGORY DATA
Table 1 Sales of Plant-Based Dairy by Category: Volume 2017-2022
Table 2 Sales of Plant-Based Dairy by Category: Value 2017-2022
Table 3 Sales of Plant-Based Dairy by Category: % Volume Growth 2017-2022
Table 4 Sales of Plant-Based Dairy by Category: % Value Growth 2017-2022
Table 5 NBO Company Shares of Plant-Based Dairy: % Value 2018-2022
Table 6 LBN Brand Shares of Plant-Based Dairy: % Value 2019-2022
Table 7 Distribution of Plant-Based Dairy by Format: % Value 2017-2022
Table 8 Forecast Sales of Plant-Based Dairy by Category: Volume 2022-2027
Table 9 Forecast Sales of Plant-Based Dairy by Category: Value 2022-2027
Table 10 Forecast Sales of Plant-Based Dairy by Category: % Volume Growth 2022-2027
Table 11 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2022-2027
CHART 1 Dairy Products and Alternatives Value Sales Growth Scenarios: 2020-2027
CHART 2 Dairy Products and Alternatives Impact of Drivers on Value Sales: 2020-2027
DAIRY PRODUCTS AND ALTERNATIVES IN THE PHILIPPINES
EXECUTIVE SUMMARY
Dairy products and alternatives in 2022: The big picture
Key trends in 2022
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 12 Sales of Dairy Products and Alternatives by Category: Value 2017-2022
Table 13 Sales of Dairy Products and Alternatives by Category: % Value Growth 2017-2022
Table 14 NBO Company Shares of Dairy Products and Alternatives: % Value 2018-2022
Table 15 LBN Brand Shares of Dairy Products and Alternatives: % Value 2019-2022
Table 16 Distribution of Dairy Products and Alternatives by Format: % Value 2017-2022
Table 17 Forecast Sales of Dairy Products and Alternatives by Category: Value 2022-2027
Table 18 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources