Top Growth Opportunities: Dairy & Soy Food in the Philippines

Top Growth Opportunities: Dairy & Soy Food in the Philippines

Published: August 2018
Publisher: GlobalData
Product ref: 298780
Pages: 147
Format: PDF
Delivery: By product vendor

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Summary

Top Growth Opportunities for Dairy & Soy Food in Philippines provides an overview of the Dairy & Soy Food market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData’s propriety Risk vs Reward Opportunity model pinpoints the best growth opportunities for Dairy & Soy Food producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.

This report provides recommended actions and detailed analysis of how to target the best growth opportunities for Dairy & Soy Food producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Dairy & Soy Food markets in Philippines through GlobalData’s detailed and robust data, expert insight, and case studies.

GlobalData’s Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Dairy & Soy Food producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.

Get access to -
• Key consumer demographic groups driving consumption within Filipino market. Improve your consumer targeting by understand who’s driving the market, what they want, and why
• A study of market value and volumes over 2011-2016 for Filipino, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2016-2021 period
• White space analysis, to pinpoint attractive spaces in the market and the key actions to take
• Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
• Examples of international and Filipino-specific product innovation targeting key consumer needs.

Scope

• The dairy & soy food market in the Philippines is expected to accelerate in its growth for the five years from 2017 to 2022, with a forecast CAGR of 9.7%. A range of factors are contributing to the category’s positive performance.
• The country’s overall economic growth, and consequentially the high employment rate, have increased the middle class’s population growth and its disposable income.
• The expanding urban middle class is encouraging the market for premium dairy & soy food products.
• Time-pressed young working consumers are also willing to spend more on dairy & soy products marketed with health & wellness benefits.

Reasons to buy

• This report brings together consumer analysis and market data to provide actionable insight into the behavior of Filipino Dairy & Soy Food consumers.
• This is based on GlobalData's unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Dairy & Soy Food sector.
• Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be better aligned with the leading trends in the market.



Companies Mentioned
Nestle
Fonterra
Royal Friesland Campina
Mondelez International
Yakult Honsha
Hacienda Macalauan
San Miguel Corporation
Century Pacific Group
QAF Limited
United Laboratories

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Related research categories

By sector: Dairy

By market: Philippines (in Asia)


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