Soup in the Philippines

December 2021
USD 1,195
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Overview:

Understand the latest market trends and future growth opportunities for the Soup 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 Soup 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.

The Soup in Philippines report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Soup in Philippines?
  • Which are the leading brands in Soup in Philippines?
  • How are products distributed in Soup in Philippines?
  • How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
  • What are the key health and wellness concerns driving, or challenging, sales in Soup?
  • How significant are vegan and vegetarian dietary requirements in determining sales growth in Philippines?
  • How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
  • Where is future growth expected to be most dynamic?
  • How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?

Soup in the Philippines - Category analysis

KEY DATA FINDINGS

2021 DEVELOPMENTS

Sales begin to cool down after piping-hot 2020 performance
Online presence mounting
UFC may challenge Knorr dominance

PROSPECTS AND OPPORTUNITIES

Demand projected to keep easing, with old consumption habits set to return
Potential for development of soup culture
Change in eating habits may favour frozen soup

CATEGORY DATA

Table 1 Sales of Soup by Category: Volume 2016-2021 Table 2 Sales of Soup by Category: Value 2016-2021 Table 3 Sales of Soup by Category: % Volume Growth 2016-2021 Table 4 Sales of Soup by Category: % Value Growth 2016-2021 Table 5 Sales of Soup by Leading Flavours: Rankings 2016-2021 Table 6 NBO Company Shares of Soup: % Value 2017-2021 Table 7 LBN Brand Shares of Soup: % Value 2018-2021 Table 8 Distribution of Soup by Format: % Value 2016-2021 Table 9 Forecast Sales of Soup by Category: Volume 2021-2026 Table 10 Forecast Sales of Soup by Category: Value 2021-2026 Table 11 Forecast Sales of Soup by Category: % Volume Growth 2021-2026 Table 12 Forecast Sales of Soup by Category: % Value Growth 2021-2026

Cooking Ingredients and Meals in the Philippines - Industry Overview

EXECUTIVE SUMMARY

Cooking ingredients and meals in 2021: The big picture
Key trends in 2021
Competitive landscape
Channel developments
What next for cooking ingredients and meals?

MARKET DATA

Chart 1 Cooking Ingredients and Meals Value Sales Growth Scenarios: 2019-2026 Chart 2 Cooking Ingredients and Meals Impact of Drivers on Value Sales: 2018-2026 Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2016-2021 Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2016-2021 Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2016-2021 Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2016-2021 Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2017-2021 Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2018-2021 Table 19 Penetration of Private Label by Category: % Value 2016-2021 Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2016-2021 Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2021-2026 Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2021-2026 Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2021-2026 Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2021-2026

DISCLAIMER

SOURCES

Summary 1 Research Sources
The following categories and subcategories are included:

Soup

  • Shelf Stable Soup
  • Chilled Soup
  • Dehydrated Soup
  • Frozen Soup
  • Instant Soup

Soup

Includes: Ready-made, pre-packaged soup, regardless of format. Excludes: Liquid stocks and or stock/bouillon cubes. These are tracked in sauces, dressings and condiments, under cooking ingredients. Herbal soup mixes common in Asia are also excluded.

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Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our Soup research and analysis database.

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