Cheese is expected to record a positive performance over the forecast period as demand is set to continue building as the home cooking and homemaking trends are expected to remain in effect throughout the forecast period. Demand for cheese is expected to stabilise somewhat, however, as consumers continue to favour the product as a sandwich filling as well as a key ingredient in cooking and baking.
Spreadable cheese and processed cheese excl spreadable are set to continue dominating overall sales of cheese in the Philippines during the forecast period, with hard cheese likely to remain a peripheral category for the foreseeable future. Furthermore, growth rates are set to be stronger in spreadable cheese and processed cheese excl spreadable than in packaged hard cheese over the forecast period, with the lower unit prices of spreadable and processed cheese expected to underpin rising consumer demand.
Eating cheese on its own is not really common in the country. Cheese is generally used either as a bread filling or as an ingredient for cooking or baking.
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Understand the latest market trends and future growth opportunities for the Cheese industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cheese industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of hard, soft, spreadable and processed cheese (excl spreadable). Note: Non-dairy cheese substitutes are excluded from this category and tracked under plant-based cheese.See All of Our Definitions
This report originates from Passport, our Cheese research and analysis database.
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