Product Code: ETC381569 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines duck meat products market is estimated to be worth USD 190 million in 2025 and is expected to reach USD 310 million by 2025, growing at a CAGR of 8. 6% during the forecast period. The growth can be attributed to increasing demand for processed duck meat from retail outlets, such as supermarkets and hypermarkets. Additionally, rising health awareness among consumers has boosted demand for healthy food options like duck meat across the country. Furthermore, government initiatives aimed at promoting poultry farming are also contributing to the growth of this market.
In the Philippines, the market for duck meat products has experienced significant expansion, driven by multiple factors. Health awareness among consumers has been a major driver, with duck meat being perceived as a leaner and healthier alternative to other meats. This has led to a growing demand for processed duck meat products, such as sausages, smoked duck, and canned duck meat. Changes in culinary preferences and a desire for diverse flavors have also fueled the market. Furthermore, the poultry industry`s emphasis on sustainable practices has prompted interest in duck farming, as ducks can be reared with relatively lower environmental impact compared to certain other livestock. Overall, the interplay of health trends, culinary innovation, and sustainable practices has propelled the Philippines duck meat products market forward.
The market for duck meat products in the Philippines faces its own set of challenges. While duck meat is consumed in various forms, competition from other meat sources and concerns about hygiene standards in processing and handling can impact consumer trust and demand.
The Philippines duck meat products market experienced fluctuations due to the pandemic. The closure of restaurants and limitations on gatherings initially led to reduced demand for duck meat products traditionally consumed in such settings. However, as home cooking gained popularity, consumers explored diverse protein options, including duck meat. Market players adapted by promoting easy-to-cook duck products for home consumption. Supply chain disruptions posed challenges, but local production and sourcing mitigated some of these issues.
San Miguel Foods Inc., Peking Duck Philippines, Agritech Integrated Farms Inc., and Monterey.