Philippines Baby Food - Market Assessment and Forecasts to 2027

Description

List of Tables

"Philippines Baby Food - Market Assessment and Forecasts to 2027" is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Norwegian market.

The number of live births in the Philippines decreased by 16.2% during 2008-2021, to reach 1.5 million in 2021. This resulted in a baby population of 4.7 million in 2021. However, both the crude birth rate, and total fertility rates, have fallen. The GDP of the Philippines grew by 5.1% in 2021 primarily owing to the successful COVID-19 vaccination campaigns, while consumer price inflation stood at 4.4%. Overall growth in value terms has increased in recent years with the sector registering a CAGR of 2.7% during 2015-2021. However, in volume terms, sales declined in 2021, with the sector contracting marginally at a negative CAGR of 0.6%. Baby milks remained by far the largest category in value terms with nearly 90% of the baby food sector, followed by baby cereals & dry meals. Nestle and Mead Johnson (Reckitt Benckiser) were the top two companies in 2021. Nestle retained the top spot in value during 2015-2021 and remained the leader in all the categories except finger foods. Hypermarkets & supermarkets remained the leading distribution channel, accounting for 80.6% of overall value sales in 2021. GlobalData estimates that the number of live births will continue to increase over the forecast period in the Philippines. Based on these assumptions, the market for baby food in the country is expected to grow in both value and volume terms, registering a value CAGR of 5.8% and a volume CAGR of 1.9% during 2021-2027.

What else does this report offer?

Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.
Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.
Market profile of the various product sectors with the key features & developments, segmentation, per capita trends and the various manufacturers & brands.
Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.
Future projections considering various trends which are likely to affect the industry.

Scope

The value of the Philippines' baby milks category grew from PHP43 billion ($944.5 million) in 2015 to PHP50.8 billion ($1,031.7 million) in 2021, registering a CAGR of 2.7%. In 2021, the baby milks category accounted for the highest value share of the overall baby food sector, at 87.9%.
In volume terms, the baby cereals & dry meals category declined slightly from 12.46 million kg in 2015 to 11.93 million kg in 2021, contracting at a negative CAGR of 0.7%.
The baby wet meals category grew from PHP100 million ($2.2 million) in 2015 to PHP141.3 million ($2.9 million) in 2021, recording a CAGR of 5.9%.
In 2021, per capita expenditure on finger foods in current terms stood at $0.1, down from the $0.09 recorded in 2015.
In volume terms, the baby drinks category declined from 0.08 million kg in 2015 to 0.06 million kg in 2021, contracting at a negative CAGR of 3.8%.

Reasons to Buy

Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.
Analyse current and forecast behavior trends in each category to identify the best opportunities to exploit.
Detailed understanding of consumption by individual product categories in order to align your sales and marketing efforts with the latest trends in the market.
Investigates which categories are performing the best and how this is changing market dynamics.

Product Code: GDBF365MR

Introduction
Executive Summary
Market Environment
Value and Volume Growth Analysis by Region
Growth Analysis of the Philippines Compared to Other Leading Countries In the Asia-Pacific Market
PCC and PCE of the Philippines Compared to Global and Asia-Pacific Markets
Background
Births
The Consumer
Socio demographic Trends
Working Women
Breastfeeding Trends Promotion
Breastfeeding Trends Prevalence
Breastfeeding Trends Duration
Regulations
Overview
Philippines Baby Food Sector Snapshot
Market Size Analysis
Manufacturer Shares
Category analysis
Baby Milks
Baby Cereals & Dry Meals
Baby Wet Meals
Baby Finger Foods
Baby Drinks
Production and Trade
Imports
Exports
Distribution
Channel Share Analysis
Baby Food Retailing
Economic Background
GDP Growth and Inflation
Philippines Macroeconomic Analysis
Prospects and Forecasts
Population Growth
Birth & Population Projections
Philippines Baby Food Sector Snapshot
Impact Of COVID 19
Consumer Attitude
Consumer Survey Insights: The Philippines Baby Food Products
Consumer Survey Insights: The Philippines Baby Care and Childcare Products
Definitions

Appendix

Summary Methodology
About Globaldata

Product Code: GDBF365MR

List of Tables

Birth & population trends, 2008-2021
Live births by region, 2013, 2014, 2016, and 2019
Average incomes by income group, 2017
Live births by age of mother, 2012, 2014, 2016, and 2019
Women in the labor force, by age group, 2014, 2016, 2018, and 2019
Breastfeeding and use of bottle rates, 2013 & 2017
Breastfeeding and use of bottle rates, 2017
Exclusive breastfeeding rates by age of baby, %, 2008
Breastfeeding incidence by socio demographic factors, 2003, 2008, and 2013
Breastfeeding practices by region, 2011 & 2015
Breastfeeding characteristics, 2011
Neonatal and child health indicators in the Philippines, 1967, 1972, 1977, 1982, 1987, 1993, 1998, 2003, 2008, 2013 & 2017
Timely breastfeeding initiation in the Philippines
Proportion of infants less than six months old exclusively breastfed at the time of survey
Percentage distribution of exclusively breastfed infants under six months old by single age in months: Philippines, 2019
Trend in the proportion of Filipino infants exclusively breastfed from birth until 5.9 months
What complementary food do young children 6 23 months old eating?
Trends in the proportion of children who received timely complementary foods at 6 8 months: Philippines, 2015-2019
Mean duration of breastfeeding, 2011-2015
Median duration of breastfeeding by socio demographic factor, 2008 & 2013
Trends in the mean duration of ever breastfeeding and exclusive breastfeeding among Filipino infants 0 23 months
Continued breastfeeding at 1 year and at 2 years: Philippines, 2015-2019
Leading categories (value), 2021
Leading categories (volume), 2021
Baby food: manufacturer shares, value & volume, %, 2015-2021
Baby food: manufacturer shares by category, %, 2021
Baby milks: SKUs by pack type, 2021
Baby milks: SKUs by pack size, 2021
Baby milks: brand price positioning analysis, 2021
Baby milks: manufacturer shares, value & volume, %, 2015-2021
Baby cereals: SKUs by pack size, 2021
Baby cereals: SKUs by pack type, 2021
Baby cereals: brand price positioning analysis, 2021
Baby cereals: manufacturer shares, value & volume, %, 2015-2021
Baby meals: SKUs by pack size, 2021
Baby meals: SKUs by pack type, 2021
Baby meals: brand price positioning analysis, 2021
Baby meals: manufacturer shares, value & volume, %, 2015-2021
Baby finger foods: SKUs by pack size, 2021
Baby finger foods: SKUs by pack type, 2021
Baby finger foods: brand price positioning analysis, 2021
Baby finger foods: manufacturer shares, value & volume, %, 2015-2021
Baby drinks: SKUs by pack size, 2021
Baby drinks: SKUs by pack type, 2021
Baby drinks: brand price positioning analysis, 2021
Baby drinks: manufacturer shares, value & volume, %, 2015-2021
Baby milks & cereals: trends in imports, 2014-2020
Imports of baby milks & cereals by country of origin, 2018-2020
Other baby food: trends in imports, 2014-2020
Imports of other baby food by country of origin, 2018-2020
Baby milks & cereals: trends in exports, 2014-2020
Exports of baby milks & cereals by country of origin, 2018-2020
Other baby food: trends in exports, 2014-2020
Exports of other baby food by country of origin, 2018-2020
Change in distribution share, 2015-2021
Baby food: sales by outlet type, % value, 2015-2021
Baby food: sales by type of food & outlet type, % value, 2021
Birth & population projections, 2013-2027
Leading categories (value), 2021
Baby food: category growth, 2021-2027
Definitions category
Definitions terminology
Baby population, number of babies ('000), 2009-2027
Baby food: market value, current prices, 2015-2021
Baby food: market value, constant prices, 2015-2021
Baby food: market value, $ million, 2015-2021
Baby food: market volume, million kg, 2015-2021
Baby food: per capita expenditure, current prices, 2015-2021
Baby food: per capita expenditure, constant prices, 2015-2021
Baby food: per capita expenditure, $, 2015-2021
Baby food: per capita consumption, kg, 2015-2021
Baby milks: category trends, 2015-2021
Baby milks: category segmentation, value & volume, 2015-2021
Baby milks: brand price analysis, 2021
Baby cereals & dry meals: category trends, 2015-2021
Baby meals: category trends, 2015-2021
Finger foods: category trends, 2015-2021
Drinks: category trends, 2015-2021
Baby food: market value forecasts, current prices, 2021-2027
Baby food: market value forecasts, constant prices, 2021-2027
Baby food: market value forecasts, $ million, 2021-2027
Baby food: market volume forecasts, million kg, 2021-2027
Baby food: per capita expenditure, current prices, 2021-2027
Baby food: per capita expenditure, constant prices, 2021-2027
Baby food: per capita expenditure, $, 2021-2027
Baby food: per capita consumption, kg, 2021-2027
SKUs allocation by product type

List of Figures

Value and volume share of the Philippines in the global and Asia Pacific baby food sector, 2021-2026
The Philippines compared to the other top countries in terms of market share, growth, and competitive landscape
PCC comparison the Philippines, Asia Pacific, and global, 2016-2026
PCE comparison the Philippines, Asia Pacific, and global, 2016-2026
Baby food: sector size (value), 2015-2021
Baby food: sector size (volume), 2015-2021
Market size and growth analysis by value and volume, baby food sector, 2015-2027
Baby food: manufacturer shares, value %, 2021
Baby food: manufacturer shares, volume %, 2021
Baby food: manufacturer shares by category, % value, 2021
Market size and growth analysis by value and volume, baby milks category, 2015-2027
Consumer survey insights: the Philippines baby milk products
Baby milks: per capita expenditure & consumption, 2015-2021
Baby milks: per capita expenditure & consumption by age group, 2015-2021
Baby milks: segmentation, value, and volume, 2015-2021
Leading companies (in value and volume terms) in the baby milks category, 2021
Market size and growth analysis by value and volume, baby cereals category, 2015-2027
Baby cereals & dry meals: per capita expenditure & consumption, 2015-2021
Leading companies (in value and volume terms) in the baby cereals category, 2021
Market size and growth analysis by value and volume, baby wet meals category, 2015-2027
Baby meals: per capita expenditure & consumption, 2015-2021
Leading companies (in value and volume terms) in the baby wet meals category, 2021
Market size and growth analysis by value and volume, baby finger foods category, 2015-2027
Baby finger foods: per capita expenditure & consumption, 2015-2021
Leading companies (in value and volume terms) in the baby finger foods category, 2021
Market size and growth analysis by value and volume, baby drinks category, 2015-2027
Baby drinks: per capita expenditure & consumption, 2015-2021
Leading companies (in value and volume terms) in the baby drinks category, 2021
Share of key distribution channels (in value terms) baby food, 2021
Key distribution channel share by category (in value terms), 2021
GDP at current prices (PHP billion)
Real GDP growth rate (%)
Consumer price inflation (%)
Unemployment rate (%)
Live births ('000)
Baby population (% of babies aged up to three years old)
Total population (million)
Crude birth rate
Sector forecast (value) & (volume)
Per capita expenditure, 2021
Per capita consumption, 2021
Consumer survey insights: the Philippines baby food
Consumer survey insights: the Philippines baby care and childcare products

Philippines Baby Food - Market Assessment and Forecasts to 2027

Description

Table of Contents

List of Tables

Scope

Reasons to Buy

Table of Contents

Table of Contents

Appendix

List of Tables

List of Tables

List of Figures

List of Figures