Dog food in the Philippines is expected to maintain solid retail volume and current value growth in the forecast period. Many dog owners feed their pet table scraps, and the use of prepared dog food is therefore relatively low in the country, which offers plenty of room for growth.
The trend of rising prices is expected to continue, and will affect all brands, even those in the economy segment, including those imported from China, driven by the increasing global costs of raw materials. This will impact both big brands, and local ones reliant on imports.
Aside from the demand-driven pull factor for dog food in the Philippines in the forecast period, sales are expected to also be driven by the push from players in pet food. The proactive export expansion strategy of large companies such as the US pet food manufacturers is set to drive growth in dog food in the Philippines.
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Understand the latest market trends and future growth opportunities for the Dog Food industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dog Food industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dog Food
This report originates from Passport, our Dog Food research and analysis database.
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