Processed fruit and vegetables is expected to record a slightly slower volume CAGR over the forecast period versus the review period. It should be noted, however, that the review period includes the 2020 performance wherein growth spiked due to the shift to a homebound lifestyle.
Shelf stable fruit is expected to maintain a robust performance over the forecast period, thanks to the efforts from Del Monte Philippines and also Dole Philippines, as these are major companies operating in the country and they are both expected to continuously support their brands with different types of promotions, capitalising on the growing consumer desire for healthy food choices. Del Monte, in particular, is expected to continuously innovate and introduce new options which can help sustain consumer interest in the category.
Shelf stable beans, on the other hand, is expected to be sluggish over the forecast period since demand is expected to remain erratic. This is because beans are not really a staple in the Filipino diet, as they are not commonly used as ingredients for popular local recipes.
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Understand the latest market trends and future growth opportunities for the Processed Fruit and Vegetables 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 Processed Fruit and Vegetables 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.
Processed Fruit and Vegetables
This is the aggregation of processed shelf stable fruit and vegetables and processed frozen fruit and vegetables.See All of Our Definitions
This report originates from Passport, our Processed Fruit and Vegetables research and analysis database.
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