Dairy Products and Alternatives in the Philippines
Dairy products and alternatives in 2022: The big picture
What next for dairy products and alternatives?
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
Table 1 Sales of Dairy Products and Alternatives by Category: Value 2017-2022
Table 2 Sales of Dairy Products and Alternatives by Category: % Value Growth 2017-2022
Table 3 NBO Company Shares of Dairy Products and Alternatives: % Value 2018-2022
Table 4 LBN Brand Shares of Dairy Products and Alternatives: % Value 2019-2022
Table 5 Distribution of Dairy Products and Alternatives by Format: % Value 2017-2022
Table 6 Forecast Sales of Dairy Products and Alternatives by Category: Value 2022-2027
Table 7 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2022-2027
Summary 1 Research Sources
Baby Food in the Philippines
Declining birth rate continues to negatively affect retail volume sales of baby food
Baby food sales shift to e-commerce, although subscription services remain incipient
Stability in competitive environment due to prohibitions on milk formula promotion
A stable performance expected for baby food, with growth rates tied to the birth rate
Innovative solutions to the ban on milk formula advertising expected to emerge
Other baby food set to develop strongly via the emergence of new players
Table 8 Sales of Baby Food by Category: Volume 2017-2022
Table 9 Sales of Baby Food by Category: Value 2017-2022
Table 10 Sales of Baby Food by Category: % Volume Growth 2017-2022
Table 11 Sales of Baby Food by Category: % Value Growth 2017-2022
Table 12 Sales of Growing-Up Milk Formula by Age: % Value 2017-2022
Table 13 NBO Company Shares of Baby Food: % Value 2018-2022
Table 14 LBN Brand Shares of Baby Food: % Value 2019-2022
Table 15 Distribution of Baby Food by Format: % Value 2017-2022
Table 16 Forecast Sales of Baby Food by Category: Volume 2022-2027
Table 17 Forecast Sales of Baby Food by Category: Value 2022-2027
Table 18 Forecast Sales of Baby Food by Category: % Volume Growth 2022-2027
Table 19 Forecast Sales of Baby Food by Category: % Value Growth 2022-2027
Butter and Spreads in the Philippines
A strong performance for butter and spreads as consumption shift towards the home
Strong performances for leading player a sign of a category in the ascendancy
Dairy-free alternatives to butter remain unpopular and limited in scope
A bright future anticipated for butter and spreads due to the products’ essential status
The uncertain and adverse economic situation set to place limits on category growth
Impending legislative ban on trans-fats expected to impact the category significantly
Table 20 Sales of Butter and Spreads by Category: Volume 2017-2022
Table 21 Sales of Butter and Spreads by Category: Value 2017-2022
Table 22 Sales of Butter and Spreads by Category: % Volume Growth 2017-2022
Table 23 Sales of Butter and Spreads by Category: % Value Growth 2017-2022
Table 24 NBO Company Shares of Butter and Spreads: % Value 2018-2022
Table 25 LBN Brand Shares of Butter and Spreads: % Value 2019-2022
Table 26 Distribution of Butter and Spreads by Format: % Value 2017-2022
Table 27 Forecast Sales of Butter and Spreads by Category: Volume 2022-2027
Table 28 Forecast Sales of Butter and Spreads by Category: Value 2022-2027
Table 29 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2022-2027
Table 30 Forecast Sales of Butter and Spreads by Category: % Value Growth 2022-2027
Cheese in the Philippines
Home consumption remains high, benefiting retail sales of cheese
Artisanal cheeses by local farms contribute to sales growth in unprocessed cheese
Mondelez and Magnolia among the big winners as demand for cheese rises
A positive performance slated for cheese over the forecast period
Processed cheese set to continue dominating overall cheese sales
Raising awareness on cheese varieties may raise demand for unprocessed cheese
Table 31 Sales of Cheese by Category: Volume 2017-2022
Table 32 Sales of Cheese by Category: Value 2017-2022
Table 33 Sales of Cheese by Category: % Volume Growth 2017-2022
Table 34 Sales of Cheese by Category: % Value Growth 2017-2022
Table 35 Sales of Spreadable Processed Cheese by Type: % Value 2017-2022
Table 36 Sales of Hard Cheese by Type: % Value 2017-2022
Table 37 NBO Company Shares of Cheese: % Value 2018-2022
Table 38 LBN Brand Shares of Cheese: % Value 2019-2022
Table 39 Distribution of Cheese by Format: % Value 2017-2022
Table 40 Forecast Sales of Cheese by Category: Volume 2022-2027
Table 41 Forecast Sales of Cheese by Category: Value 2022-2027
Table 42 Forecast Sales of Cheese by Category: % Volume Growth 2022-2027
Table 43 Forecast Sales of Cheese by Category: % Value Growth 2022-2027
Drinking Milk Products in the Philippines
Strong sales growth as consumers increase their consumption of shelf stable milk
Del Monte and Vinamilk form a joint venture
Stronger demand prompts leading players to launch new products
A positive outlook for drinking milk products over the forecast period
Fresh milk is likely to continue to struggle due to the absence of major brands driving growth
Collaborations with France, Qatar and Israel will help increase local milk production
Table 44 Sales of Drinking Milk Products by Category: Volume 2017-2022
Table 45 Sales of Drinking Milk Products by Category: Value 2017-2022
Table 46 Sales of Drinking Milk Products by Category: % Volume Growth 2017-2022
Table 47 Sales of Drinking Milk Products by Category: % Value Growth 2017-2022
Table 48 NBO Company Shares of Drinking Milk Products: % Value 2018-2022
Table 49 LBN Brand Shares of Drinking Milk Products: % Value 2019-2022
Table 50 Distribution of Drinking Milk Products by Format: % Value 2017-2022
Table 51 Forecast Sales of Drinking Milk Products Products by Category: Volume 2022-2027
Table 52 Forecast Sales of Drinking Milk Products Products by Category: Value 2022-2027
Table 53 Forecast Sales of Drinking Milk Products Products by Category: % Volume Growth 2022-2027
Table 54 Forecast Sales of Drinking Milk Products Products by Category: % Value Growth 2022-2027
Yoghurt and Sour Milk Products in the Philippines
Sustained growth as consumer interest in immunity boosting yoghurt and sour milk products remains high
The healthy positioning of drinking yoghurt continues to support demand
New launches proliferate as demand rises among health-conscious consumers
Yoghurt slated for a moderate performance as sour milk products remain absent
Yakult’s increased production capacity set to boost sales of drinking yoghurt over the forecast period
Versatility of plain yoghurt helps sustain sales
Table 55 Sales of Yoghurt and Sour Milk Products by Category: Volume 2017-2022
Table 56 Sales of Yoghurt and Sour Milk Products by Category: Value 2017-2022
Table 57 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2017-2022
Table 58 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2017-2022
Table 59 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2018-2022
Table 60 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2019-2022
Table 61 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2017-2022
Table 62 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2022-2027
Table 63 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2022-2027
Table 64 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2022-2027
Table 65 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2022-2027
Other Dairy in the Philippines
Positive growth continues due to the shift towards home cooking and baking
Alaska Milk Corp hands two of its brands over to Nestlé
Buoyant demand inspires new launches among key players
Strong growth slated to continue for other dairy during the forecast period
Flavoured condensed milk to continue emerging strongly over the forecast period
Plant-based alternatives pose threat to dairy condensed milk and coffee whiteners
Table 66 Sales of Other Dairy by Category: Volume 2017-2022
Table 67 Sales of Other Dairy by Category: Value 2017-2022
Table 68 Sales of Other Dairy by Category: % Volume Growth 2017-2022
Table 69 Sales of Other Dairy by Category: % Value Growth 2017-2022
Table 70 Sales of Cream by Type: % Value 2017-2022
Table 71 NBO Company Shares of Other Dairy: % Value 2018-2022
Table 72 LBN Brand Shares of Other Dairy: % Value 2019-2022
Table 73 Distribution of Other Dairy by Format: % Value 2017-2022
Table 74 Forecast Sales of Other Dairy by Category: Volume 2022-2027
Table 75 Forecast Sales of Other Dairy by Category: Value 2022-2027
Table 76 Forecast Sales of Other Dairy by Category: % Volume Growth 2022-2027
Table 77 Forecast Sales of Other Dairy by Category: % Value Growth 2022-2027
Plant-Based Dairy in the Philippines
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
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
Table 78 Sales of Plant-Based Dairy by Category: Volume 2017-2022
Table 79 Sales of Plant-Based Dairy by Category: Value 2017-2022
Table 80 Sales of Plant-Based Dairy by Category: % Volume Growth 2017-2022
Table 81 Sales of Plant-Based Dairy by Category: % Value Growth 2017-2022
Table 82 NBO Company Shares of Plant-Based Dairy: % Value 2018-2022
Table 83 LBN Brand Shares of Plant-Based Dairy: % Value 2019-2022
Table 84 Distribution of Plant-Based Dairy by Format: % Value 2017-2022
Table 85 Forecast Sales of Plant-Based Dairy by Category: Volume 2022-2027
Table 86 Forecast Sales of Plant-Based Dairy by Category: Value 2022-2027
Table 87 Forecast Sales of Plant-Based Dairy by Category: % Volume Growth 2022-2027
Table 88 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2022-2027