Product Code: ETC131036 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Pork Meat market currently, in 2023, has witnessed an HHI of 1628, Which has decreased slightly as compared to the HHI of 1842 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The pork meat market in the Philippines is expected to register a steady growth over the forecast period, owing to rising demand and resilient production. The growing population and increasing disposable income are anticipated to drive the market during the forecast period. Additionally, initiatives taken by government authorities such as providing subsidies for farmers and pricing policies will also fuel the market growth. Furthermore, with rapid urbanization coupled with an expanding middle-class population, more people will be able to afford pork products which is likely to bolster demand for pork meat in Philippines over the coming years. However, recent outbreaks of animal diseases such as African Swine Fever (ASF) can have an adverse effect on industry players due to supply chain disruption and increased costs of treatment measures which could hamper overall market growth
Pork consumption remains high in Philippine households despite changing consumer preferences towards poultry products or alternative proteins like legumes/tofu due to their relatively low cost compared to beef or lamb meat. Consumers prefer local producers who offer fresh cuts of meat that comply with religious dietary requirements across regions as this helps build trust among buyers thereby creating good customer relations between consumers and suppliers. Moreover, manufacturers are increasingly focusing on value-added processed meats like sausages/hams/cold cuts & bacon which require less refrigerator space while offering higher shelf life thereby attracting customers from all economic classes thus driving sales potential further up
With its growing population base of around 106 million people estimated for 2019 making it one of Asia???s most populous countries ,the need for food items including pork has grown significantly leading manufacturers invest heavily into new technologies & processes while major international players focus on expanding their product portfolio catered specifically towards Filipino audience. Further, an increasing disposable incomes along with better access & availability of raw materials used in producing quality pork has made it easier for manufactures not only meet but exceed expectations related price points set by end users . This coupled with traditional recipes passed down generations ensure that Filipinos remain loyal when it comes Pork Meat Products.
Recent outbreaks swine fever such ASF continue disrupt supply chains resulting lower exports numbers impacting industry stakeholders adversely . Due lack stringent regulations regarding preventive measures adopted by domestic producers there exists possibility further spread disease if appropriate steps aren???t taken soon enough . Players: Major players operating within the Philippine Pork
Philippines Pork Meat |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Pork Meat Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Pork Meat Market Revenues & Volume, 2020 & 2027F |
3.3 Philippines Pork Meat Market - Industry Life Cycle |
3.4 Philippines Pork Meat Market - Porter's Five Forces |
3.5 Philippines Pork Meat Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 Philippines Pork Meat Market Revenues & Volume Share, By Packaging, 2020 & 2027F |
3.7 Philippines Pork Meat Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Philippines Pork Meat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Pork Meat Market Trends |
6 Philippines Pork Meat Market, By Types |
6.1 Philippines Pork Meat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Pork Meat Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Philippines Pork Meat Market Revenues & Volume, By Chilled, 2018 - 2027F |
6.1.4 Philippines Pork Meat Market Revenues & Volume, By Frozen, 2018 - 2027F |
6.2 Philippines Pork Meat Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Philippines Pork Meat Market Revenues & Volume, By Store Wrap, 2018 - 2027F |
6.2.3 Philippines Pork Meat Market Revenues & Volume, By Modified Atmosphere Packaging, 2018 - 2027F |
6.2.4 Philippines Pork Meat Market Revenues & Volume, By Vacuum Packaging, 2018 - 2027F |
6.2.5 Philippines Pork Meat Market Revenues & Volume, By Shrink Bags, 2018 - 2027F |
6.2.6 Philippines Pork Meat Market Revenues & Volume, By Others (Chub and Canned), 2018 - 2027F |
6.3 Philippines Pork Meat Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Pork Meat Market Revenues & Volume, By Household, 2018 - 2027F |
6.3.3 Philippines Pork Meat Market Revenues & Volume, By Commercial, 2018 - 2027F |
7 Philippines Pork Meat Market Import-Export Trade Statistics |
7.1 Philippines Pork Meat Market Export to Major Countries |
7.2 Philippines Pork Meat Market Imports from Major Countries |
8 Philippines Pork Meat Market Key Performance Indicators |
9 Philippines Pork Meat Market - Opportunity Assessment |
9.1 Philippines Pork Meat Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 Philippines Pork Meat Market Opportunity Assessment, By Packaging, 2020 & 2027F |
9.3 Philippines Pork Meat Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Philippines Pork Meat Market - Competitive Landscape |
10.1 Philippines Pork Meat Market Revenue Share, By Companies, 2020 |
10.2 Philippines Pork Meat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |