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Report

Philippines Frozen Food Market Report and Forecast 2025-2034

Market Report I 2025-06-06 I 124 Pages I EMR Inc.

The Philippines frozen food market is projected to grow at a CAGR of 7.50% between 2025 and 2034, aided by the rising demand for quick and nutritious food items and family meals.

Philippines Frozen Food Market Growth

In 2023, the Philippines' GDP growth rate surpassed that of Malaysia (3.8%), China (5.2%), and Vietnam (5.0%) at 5.6%. Despite the presence of several economic pressures, household spending remained robust due to the presence of a healthy job market. Moreover, increasing in the inflow of foreign remittances also drove the GDP growth rate over 5% in Q4 of 2023, leading to higher disposable incomes. This is expected to encourage the demand for meal kits and frozen food items, especially among working professionals aged between 25-45 years due to the rising preference for nutritious and quick meal solutions.

As consumers seek to improve their dining experiences at home, the demand for superior ingredients and expertly formulated frozen foods is expected to surge. Increasing innovation in gourmet food options and improvements in product packaging have also enhanced the consumer appeal for frozen foods. Moreover, the emergence of sustainable packaging materials and the use of recycled content in food packaging has made it more appealing for consumer purchases.With the growing demand for healthy frozen snacks, sweet desserts and flavourful quiches are expected to become highly popular among Gen Zs. Unique snack offerings from companies engaged in producing frozen plant-based meals are expected to benefit from the increasing demand for convenience foods.

Philippines Frozen Food Industry Segmentation

Philippines Frozen Food Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

- Ready-to-Drink
- Ready-to-Eat
- Ready-to-Cook
- Others

Market Breakup by Product

- Frozen Meals
- Frozen Seafood, Meat and Poultry
- Frozen Fruits and Vegetables
- Frozen Potatoes
- Frozen Soup
- Dairy Products
- Others

Market Breakup by End Use

- Food Service Industry
- Retail

Market Breakup by Distribution Channel

- Hypermarkets/Supermarkets
- Convenience Stores
- Online Channels
- Others

Philippines Frozen Food Market Share

Based on distribution channel, the market is segmented into hypermarkets/supermarkets, convenience stores, and online channels, among others. Over the forecast period, online channels are expected to grow at a CAGR of 10.4% due to rising internet accessibility and smartphone penetration rates.

Leading Companies in the Philippines Frozen Food Market

In 2023, WTH Foods, a plant-based meat producing company in the Philippines, launched a range of plant-based frozen food products, including meatballs, sausages, burgers, tuna, ham, and tapa, among others.

- San Miguel Corporation

- Century Pacific Food Inc.

- Ruiz Foods

- Vitarich Corporation

- Mrs. Garcia's Meatworld International Inc.

- King Sue Ham & Sausage Co., Inc.

- Others

Philippines Frozen Food MarketReport Snapshots

Philippines Frozen FoodMarket Size

Philippines Frozen Food Market Growth

Philippines Frozen FoodMarket Share

Philippines Frozen FoodCompanies

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Frozen Food Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Frozen Food Historical Market (2018-2024)
5.3 Asia Pacific Frozen Food Market Forecast (2025-2034)
6 Philippines Frozen Food Market Overview
6.1 Key Industry Highlights
6.2 Philippines Frozen Food Historical Market (2018-2024)
6.3 Philippines Frozen Food Market Forecast (2025-2034)
7 Philippines Frozen Food Market by Type
7.1 Ready-to-Drink
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Ready-to-Eat
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Ready-to-Cook
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Others
8 Philippines Frozen Food Market by Product
8.1 Frozen Meals
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Frozen Seafood, Meat and Poultry
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Frozen Fruits and Vegetables
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Frozen Potatoes
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Frozen Soup
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Dairy Products
8.6.1 Historical Trend (2018-2024)
8.6.2 Forecast Trend (2025-2034)
8.7 Others
9 Philippines Frozen Food Market by End Use
9.1 Food Service Industry
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Retail
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Philippines Frozen Food Market by Distribution Channel
10.1 Hypermarkets/Supermarkets
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Convenience Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Online Channels
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 San Miguel Corporation
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Century Pacific Food Inc.
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Ruiz Foods
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Vitarich Corporation
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Mrs. Garcia's Meatworld International Inc.
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 King Sue Ham & Sausage Co., Inc.
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Others

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