Market Research Reports - Ken Research Barentz Food ingredients Philippines Market Share

Philippines Food Ingredients Market Outlook to 2021: Ken Research
The report titled “Philippines Food Ingredients Market By Type of Food Ingredients (Flavors,
Sweeteners, Colors, Preservatives, Fragrance, Acidulants, Cultures, Proteins, Emulsifiers and
Co-Emulsifiers, Minerals, Carotenoids and Others) – Outlook to 2021” provides a
comprehensive analysis of food ingredients in the Philippines. The report focuses on overall
market size for food ingredients in the Philippines, market segmentation by type of food
ingredients (flavors, sweeteners, colors, preservatives, fragrance and others); by food and
beverages and by products imported and locally manufactured. The report also covers snapshot
on other food ingredients (cultures, emulsifiers, botanical extracts, carotenoids, flavor
enhancers, modified flours, ph / controlled salt, polysaccharides and oligosaccharides, raising
agents, reducing agents, minerals and proteins); company profile of major players (BNC
Ingredients Corporation Philippines, TNC Chemicals Philippines Inc, Actron Industries Inc, NECO
Chemicals Philippines Inc, Versa Group Philippines Corporation, DU Pont Philippines, New
Flavor House Inc, SBS Philippines Corporation, Kerry Food Ingredients Philippines Inc and other
players such as Achievers Food & Bakery Ingredients Corp and Applied Food Ingredient),
competition scenario; government role and regulations trends and developments.
The report concludes with porter five forces analysis, market projection for future and analyst
recommendations highlighting the major opportunities and cautions.
Philippines Food Ingredients Market Size
The demand in Philippines food ingredients market basically comprises of various types of food
ingredients such as functional foods, sugar substitutes, flavors, specialty starches, preservatives
and food emulsifiers. Robust demand for the packaged foods owing to the changing lifestyle,
tastes and preferences; and the purchasing power of consumers has majorly fueled growth for
the food ingredients market in the Philippines.. In terms of sales volume, the Philippines food
ingredients market was evaluated at ~ million tonnes in 2011 which witnessed an increase to ~
million tonnes in 2016, thus growing at a five year CAGR worth ~% for the period 2011-2016.
Philippines Food Ingredients Market Segmentation
By Type of Ingredients
The flavors segment in the country dominated the Philippines food ingredients market with
revenue share worth ~% in the year 2016. In terms of sales volume, the flavors segment was
evaluated at ~ tonnes, thus capturing ~% of total sales in Philippines food ingredients market in
2016. Sweeteners followed the food flavors segment with revenue share worth ~% in the
Philippines food ingredients market in 2016. On the other hand, colors, preservatives, fragrance
and food ingredients such as acidulants, cultures, proteins, emulsifiers and co-emulsifiers,