Philippines Food and Drink Report 2016 - Business Monitor International - Industry Reports

Philippines Food and Drink Report 2016

Philippines Food and Drink Report 2016 - Business Monitor International - Industry Reports
Philippines Food and Drink Report 2016
Published Dec 19, 2015
90 pages — Published Dec 19, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

From a longer-term perspective, the biggest draw of the Philippine consumer story is arguably its favourable demographic makeup. The Philippines is home to one of the largest populations in the Asia Pacific region and has a huge youthful consumer base, representing a massive opportunity for consumer goods investors in the country. Rising consumer incomes over the coming years should also translate into greater dynamism in the mass market, as we forecast spending per household to increase from USD-,--- in ---- to USD--,--- in ----. Despite these positive consumer dynamics, several challenges continue to impact our consumer outlook for the Philippines, and will hamper the development of the food, drink and mass grocery retail sectors. First, poverty remains widespread in the country, therefore limiting access to modern forms of consumption. ...Third, several operational obstacles remain for fast-moving consumer goods (FMCG) companies. The geographic composition of the Philippines, as a

...BMI View: Sustained private consumption growth, combined with a young and sizeable consumer base, will drive sales of food and drink throughout our forecast period to ----. Nonetheless, operational challenges, combined with the huge dominance of San Miguel Corporation, continue to hold back foreign investment, thereby hampering sector dynamism. ...BMI View: Sustained private consumption growth, combined with a young and sizeable consumer base, will drive sales of food and drink throughout our forecast period to ----. Nonetheless, operational challenges, combined with the huge dominance of San Miguel Corporation, continue to hold back foreign investment, thereby hampering sector dynamism. Headline Industry Data (local currency) ---- food consumption (local currency) growth: +-.- ; compound annual growth rate (CAGR), ---- to ---- = +-.- . ...---- mass grocery retail sales (local currency) growth = +-.- ;

...The food processing industry suffers from various structural problems including limited domestic input, inefficient post-harvest and storage facilities and inadequate distribution links. Per capita income remains low, and unemployment levels continue to be a major concern, with a large segment of the population unable to afford processed food products. ...

  
Source:
Document ID
1749-2882
Country
Industry
Industry
Industry
Industry
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Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Philippines Food and Drink Report 2016" Dec 19, 2015. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Philippines-Food-and-Drink-Report-2016-2026-1106>
  
APA:
Business Monitor International - Industry Reports. (2015). Philippines Food and Drink Report 2016 Dec 19, 2015. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Philippines-Food-and-Drink-Report-2016-2026-1106>
  
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