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Edible Oils in the Philippines

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    Report

  • 20 Pages
  • October 2024
  • Region: Philippines
  • Euromonitor International
  • ID: 4472483
Edible oils in the Philippines continues to see rising demand in 2024, despite inflation’s impact on food prices. Growth is largely thanks to the efforts of players such as Nutri-Asia Inc and San Pablo Mfg Corp - these companies have been investing in distribution expansion and putting cost-containment measures into place. While local consumers feel the pressures of price hikes, they continue to cook at home at the most cost-efficient choice, thereby sustaining sales growth in edible oils.

The publisher's Edible Oils in Philippines report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in 2024 directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Edible Oils market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

EDIBLE OILS IN THE PHILIPPINESKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Edible oils sees continued demand in 2024, bolstered by accelerating at-home cooking trend
  • Marketing strategies centre around ‘better-quality’ positioning within a competitive landscape led by Minola
  • Foodservice records solid gains in 2024
PROSPECTS AND OPPORTUNITIES
  • Health and wellness trends to support olive oil’s progress
  • Shift away from trans fats benefits edible oils, and vegetable and seed oils will remain key category segment
  • E-commerce to keep on rising though offline stores will remain dominant
CATEGORY DATA
  • Table 1 Sales of Edible Oils by Category: Volume 2019-2024
  • Table 2 Sales of Edible Oils by Category: Value 2019-2024
  • Table 3 Sales of Edible Oils by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Edible Oils by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Edible Oils: % Value 2020-2024
  • Table 6 LBN Brand Shares of Edible Oils: % Value 2021-2024
  • Table 7 Distribution of Edible Oils by Format: % Value 2019-2024
  • Table 8 Forecast Sales of Edible Oils by Category: Volume 2024-2029
  • Table 9 Forecast Sales of Edible Oils by Category: Value 2024-2029
  • Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2024-2029
  • Table 11 Forecast Sales of Edible Oils by Category: % Value Growth 2024-2029
COOKING INGREDIENTS AND MEALS IN THE PHILIPPINES
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2024: The big picture
  • Key trends in 2024
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 12 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
  • Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
  • Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
  • Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
  • Table 18 Penetration of Private Label by Category: % Value 2019-2024
  • Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
  • Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources