Philippines Hot Drinks Market Assessment by Categories, Distribution, Packaging, Demographics and Forecasts to 2027
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Philippines Hot Drinks Market Report Overview
The Philippines hot drinks market size was valued at PHP101 billion ($1.9 billion) in 2022 and is forecast to record a CAGR of more than 7% during 2022-2027. The Philippines hot drinks market research report will help to identify high-potential categories and explore further market opportunities based on detailed value and volume analysis
Philippines Hot Drinks Market Outlook 2022-2027, (PHP Billion)
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Philippines Hot Drinks Market Segmentation by Cities
The key cities in the Philippines hot drinks market are Manila, Cebu, Davao, Cagayan de Oro, Angeles, and Iloilo-Guimaras among others. Manila emerged as the largest hot drinks market in Philippines in 2022, followed by Cebu and Davao.
Philippines Hot Drinks Market Analysis by Cities, 2022 (%)
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Philippines Hot Drinks Market Segmentation by Category
The key categories in the Philippines hot drinks market are hot tea, hot coffee, and other hot drinks. Hot coffee was the largest category in 2022 and is also forecast to register the fastest value growth during 2022–2027, followed by hot tea.
Philippines Hot Drinks Market Analysis, by Categories, 2022 (%)
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Philippines Hot Drinks Market Segmentation by Distribution Channel
The key distribution channels in the Philippines hot drinks market are convenience stores, hypermarkets & supermarkets, e-retailers, cash & carries and warehouse clubs, and others. Convenience stores was the leading distribution channel in the Philippines hot drinks sector in 2022, followed by hypermarkets & supermarkets and food & drinks specialists.
Philippines Hot Drinks Market Analysis by Distribution Channel, 2022 (%)
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Philippines Hot Drinks Market Segmentation by Pack Material
The key pack materials in the Philippines hot drinks market are paper & board, rigid plastics, flexible packaging, glass, and rigid metal. Flexible packaging was the most used pack material in the hot drinks sector of Philippines in 2022, followed by rigid metal and paper & board.
Philippines Hot Drinks Market Analysis by Pack Material, 2022 (%)
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Philippines Hot Drinks Market – Competitive Landscape
Some of the key hot drinks companies in Philippines are Nestlé, Mayora, Unilever, Universal Robina Corporation, and Associated British Foods Plc. Nestlé accounted for a value share of more than 40% in 2022.
Philippines Hot Drinks Market Analysis by Companies, 2022 (%)
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Philippines Hot Drinks Market Overview
Market Size (2022) | PHP101 billion ($1.9 billion) |
CAGR (2022-2027) | >7% |
Historic Period | 2017-2021 |
Forecast Period | 2022-2027 |
Key Cities | Manila, Cebu, Davao, Cagayan de Oro, Angeles, and Iloilo-Guimaras |
Key Categories | Hot Tea, Hot Coffee, And Other Hot Drinks |
Key Distribution Channels | Convenience Stores, Hypermarkets & Supermarkets, E-Retailers, Cash & Carries and Warehouse Clubs, and Others |
Key Packaging Material | Paper & Board, Rigid Plastics, Flexible Packaging, Glass, and Rigid Metal |
Leading Companies | Nestlé, Mayora, Unilever, Universal Robina Corporation, and Associated British Foods Plc |
Key Segments Covered in the Report
Philippines Hot Drinks Market Outlook by Category (Value $ Billion, 2022-2027)
- Hot Tea
- Hot Coffee
- Other Hot Drinks
Philippines Hot Drinks Market Outlook by Distribution Channel (Value $ Billion, 2022-2027)
- Convenience stores
- Hypermarkets & supermarkets
- E-retailers
- Cash & carries and warehouse clubs
- Others
Philippines Hot Drinks Market Outlook by Packaging Material (Value $ Billion, 2022-2027)
- Paper & board
- Rigid Plastics
- Flexible packaging
- Glass
- Rigid Metal
Key Highlights
- The per capita consumption of hot drinks in the Philippines was higher than the regional levels in 2022
- Hot coffee was the largest category, in value and volume terms in 2022.
- Convenience stores was the leading distribution channel in the Filipino hot drinks sector
- Older consumers represent the largest subset of the hot drinks sector in the Philippines
Reasons to Buy
- Identify high-potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, employed people, and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
Nestlé
Universal Robina Corporation
Associated British Foods Plc
Conagra Brands, Inc
The Kraft Heinz Company
Gilamar Entreprises Inc
San Miguel Corporation
Goldshine Pharmaceuticals
Gourmet Farms, Inc
The Culinary Exchange, Inc
Table of Contents
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Frequently asked questions
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What was the Philippines hot drinks market size in 2022?
The hot drinks market size in Philippines was valued at PHP101 billion ($1.9 billion) in 2022.
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What is the Philippines hot drinks market growth rate during 2022-2027?
The hot drinks market in Philippines will grow at a CAGR of more than 7% during 2022-2027.
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Which are the key cities in the Philippines hot drinks market?
The key cities in the Philippines hot drinks market are Manila, Cebu, Davao, Cagayan de Oro, Angeles, and Iloilo-Guimaras.
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What are the key categories in the Philippines hot drinks market?
The key categories in the Philippines hot drinks market are hot tea, hot coffee, and other hot drinks.
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What are the key channels in the Philippines hot drinks market?
The key distribution channels in the Philippines hot drinks market are convenience stores, hypermarkets & supermarkets, e-retailers, cash & carries and warehouse clubs, and others.
-
What are the key pack materials in the Philippines hot drinks market?
The key pack materials in the Philippines hot drinks market are paper & board, rigid plastics, flexible packaging, glass, and rigid metal.
-
Which are the key companies in the Philippines hot drinks market?
Some of the key hot drinks companies in Philippines are Nestlé, Mayora, Unilever, Universal Robina Corporation, and Associated British Foods Plc.
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