Market Forecast By Product Type (Jams, Jellies, Marmalade and Preserves), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Other) And Competitive Landscape
Product Code: ETC038050 | Publication Date: Nov 2022 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Jam Jelly And Preserves market currently, in 2023, has witnessed an HHI of 1508, Which has decreased slightly as compared to the HHI of 2815 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 growth in the Philippines Jam, Jelly And Preserves Market can be attributed to the increasing awareness about healthy eating habits among consumers. Additionally, the growth of the retail sector in the country is also contributing to the market growth. Moreover, factors such as growing popularity of ethnic cuisines, increasing demand for natural and organic food products, and increasing investments in food processing industries are also propelling the market growth. The rising disposable incomes of consumers are also fuelling the growth of this market. The Philippines jam, jelly and preserves Market is a part of Asia Pacific Jam, Jelly And Preserves Market and global Jam, Jelly And Preserves Market.
According to 6Wresearch, the Philippines Jam, Jelly And Preserves Market size is likely to witness growth during 2022-2028. The market is expected to grow due to the increasing adoption of Filipino food products in international markets, as well as the growth in the luxury segment of the overall food market. The Philippines jelly and preserves market is driven by increasing demand from the foodservice industry for Filipino jams and preserves, as well as the growing popularity of Filipino cuisine abroad. Additionally, other regional players such as Malaysia and Vietnam are also competing for a share of this lucrative market. However, the competitive landscape is expected to change over time due to technological innovations that will lower production costs of these products.
In terms of product type, the market is categorized into Jams, Jellies, Marmalade and Preserves. The major drivers of the market are the increasing demand for health-oriented jams and preserves, as well as the growing popularity of Filipino cuisine. The regional focus of this market is the Western and Central regions of the Philippines.
The growth is attributed to increasing demand from the food service industry for Filipino jams and preserves, as well as the growing popularity of Filipino cuisine abroad. However, the market is also facing competition from other regional players such as Malaysia and Vietnam. The key players in the Philippines jam, jelly and preserves market are Lucenzo's Inc., Dole Philippines Inc., Bangkok Grocery Co Ltd., Serenbe Foods Corporation, Nestle SA (Thailand) Co Ltd., Jollibee Foods Corporation, SM Prime Holdings, Inc., Sinar Mas Agroindustrial Corp., Ferrara Candy Company Inc. These players hold majority of the market share. These companies are primarily engaged in manufacturing and selling Filipino jams and preserves.
The occurrence of Covid-19 pandemic has resulted into a slump in the market growth. However, then market growth has gained momentum. This growth can be attributed to increasing demand for natural flavors in food products across various segments, as well as increasing health consciousness among consumers. Moreover, the growing popularity of veganism is expected to augment demand for jams and preserves made from alternative ingredients such as soybeans and nuts. The market is also anticipated to witness a rise in the sales of fruit-based jams and preserves owing to the growing preference for these types of products by consumers in Asia Pacific region.
The market report thoroughly covers the following segments:
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 Jam, Jelly and Preserves Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Jam, Jelly and Preserves Market Revenues & Volume, 2021 & 2028F |
3.3 Philippines Jam, Jelly and Preserves Market - Industry Life Cycle |
3.4 Philippines Jam, Jelly and Preserves Market - Porter's Five Forces |
3.5 Philippines Jam, Jelly and Preserves Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 Philippines Jam, Jelly and Preserves Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 Philippines Jam, Jelly and Preserves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Jam, Jelly and Preserves Market Trends |
6 Philippines Jam, Jelly and Preserves Market, By Types |
6.1 Philippines Jam, Jelly and Preserves Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Jams, 2018 - 2028F |
6.1.4 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Jellies, 2018 - 2028F |
6.1.5 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Marmalade and Preserves, 2018 - 2028F |
6.2 Philippines Jam, Jelly and Preserves Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Supermarkets/Hypermarkets, 2018 - 2028F |
6.2.3 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Convenience Stores, 2018 - 2028F |
6.2.4 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Online Retail, 2018 - 2028F |
6.2.5 Philippines Jam, Jelly and Preserves Market Revenues & Volume, By Other, 2018 - 2028F |
7 Philippines Jam, Jelly and Preserves Market Import-Export Trade Statistics |
7.1 Philippines Jam, Jelly and Preserves Market Export to Major Countries |
7.2 Philippines Jam, Jelly and Preserves Market Imports from Major Countries |
8 Philippines Jam, Jelly and Preserves Market Key Performance Indicators |
9 Philippines Jam, Jelly and Preserves Market - Opportunity Assessment |
9.1 Philippines Jam, Jelly and Preserves Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 Philippines Jam, Jelly and Preserves Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
10 Philippines Jam, Jelly and Preserves Market - Competitive Landscape |
10.1 Philippines Jam, Jelly and Preserves Market Revenue Share, By Companies, 2021 |
10.2 Philippines Jam, Jelly and Preserves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |