Philippines Seasonings, Dressings and Sauces Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026

This country profile report on the Seasonings, Dressings & Sauces sector in the Philippines provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

The Filipino seasoning, dressings & sauces sector was led by dressings category in value terms and condiment sauces in volume terms. However, tomato pastes and purées category is forecast to register fastest value growth and bouillons & stocks is forecast to register fastest volume growth, during 2021-2026. Convenience stores is the leading channel for distribution of seasonings, dressings & sauces products in the country. Unilever, Ajinomoto Group, and Go! Salads are the top three companies in the Filipino seasonings, dressings & sauces sector.

What else is contained?

• Sector data: Overall sector value and volume data with growth analysis for 2016-2026
• Category coverage: Value and growth analysis for butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, fromage frais & quark, milk, soymilk & soy drinks and yogurt with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026
• Leading players: Market share of companies (in value terms) and private labels (in value terms) in 2021
• Distribution data: Percentage of sales within each category through distribution channels such as cash & carries & warehouse clubs, convenience stores, department stores, food & drinks specialists, hypermarkets & supermarkets, e-retailers, “dollar stores”, variety stores & general merchandise retailers, vending machines, drug stores & pharmacies, health & beauty stores and other general retailers.
• Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Pack material data for glass, flexible packaging, rigid plastics, paper & board and rigid metal; pack type for: jar, bag/sachet, tub, stand up pouch, carton - folding, can, carton - liquid, pillow pouch, bottle, cup, aerosol, tube, tray, film, wrapper, clamshell, box, foil and other pack type, closure type for: flip/snap top, screw top, prize off, twist off, plastic tie, foil, sports cap, film, cap, lever closure, crown and other closure types, primary outer types for: carton - folding, bag, sleeve and shrink wrap.

Scope

• The per capita consumption and expenditure of seasonings, dressings & sauces in the Philippines was lower than both the global and the regional level in 2021
• The per capita consumption of condiment sauces​ was higher in the Philippines than other seasonings, dressings & sauces categories in 2021
• Convenience stores is the leading distribution channel in the Filipino seasonings, dressings & sauces sector, with a value share of 65.6% in 2021
• In the Filipino seasonings, dressings & sauces sector, private labels accounted for a value share of 2.6% in 2020
• The health & wellness market is led by the condiment sauces category in the Filipino seasonings, dressings & sauces sector
• Glass accounted for a share of 35.5% in the Filipino seasonings, dressings & sauces sector, in 2020

Reasons to Buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
• The team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.