Retail volume sales of processed fruit and vegetables will see moderate growth in volume terms over the forecast period, alongside the gradual recovery of the economy. Demand will also benefit from a movement towards products that offer greater convenience, in line with the return to busier lifestyles.
While home cooking is set to continue to drive at-home consumption of processed fruits and vegetables, an expected increase in the number of foodservice establishments and rising consumer spending across this channel will significantly benefit the category. It will therefore be crucial for incumbent players to enhance their foodservice business development strategies to fully capitalise on this growth opportunity.
The forecast period is likely to witness an increase in plant-based consumption, driving demand for processed fruits and vegetables, particularly shelf-stable beans. Established players can capitalise on this trend by effectively promoting the plant-based protein benefits of products such as black beans, green beans, and garbanzo beans.
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Understand the latest market trends and future growth opportunities for the Processed Fruit and Vegetables 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.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Processed Fruit and Vegetables 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.
Processed Fruit and Vegetables
This is the aggregation of processed shelf stable fruit and vegetables and processed frozen fruit and vegetables.
See All of Our DefinitionsThis report originates from Passport, our Processed Fruit and Vegetables research and analysis database.
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