Philippines Baby Food Market Research Report & Market Forecast To 2023: Ken Research

How Baby Food Market Is Positioned in the Philippines?

The Philippines, a country located in the Southeast Asia; situated in the western Pacific Ocean is further divided into 3 main geographical divisions from north to south with Manila as the capital city. Filipino and English are the official language of Philippines and, its currency is Philippine peso (PHP). The Philippines Baby Food Market was observed in a growing stage with slow growth pattern during the review period 2013-2018. The increasing awareness among parents for healthier products for their children has encouraged the demand for organic baby food in the country. In the era of increasing digitization and globalization, a shift in sale of baby food items from offline stores to online channels is expected in the near future as type of online channels reduces the time and effort spent in purchasing. The country reported ~ million internet users in 2018. Majority of the products are imported in the Philippines baby food market by international players. International players and domestic players, both are using non-store and store based retailers to connect with the target customers. An average margin prevailing in the industry from a local company to distributer ranges between ~%-~% within Philippines baby food market.

During the review period 2016-2018, decline in growth rate was observed in Philippines baby food market due to high domestic inflations and weak global trades. Despite the decline, the baby food market is expected to recover in 2019. Major growth drivers include rising food / household expenditure, increasing awareness among the parents to provide their babies with healthier food options, rise in the internet retailing and other factors. Combining all the above mentioned factors, the Philippines baby food market grew at a positive five year CAGR during 2013-2018.

Philippines Baby food Market Segmentation

By Food Category (Milk Formula, Dried Baby Food, Prepared Baby Food, and Other Baby Food): Milk formula captured the majority of the market share in Philippines in 2018 owing to its substitution for breastfeeding in the country. The remaining market share was captured by the dried baby food, prepared baby food and other baby food products during 2018. Other baby food segment includes biscuits, rusks, and snacks.

Among milk formula type, growing-up milk formula dominated the Philippines baby food market followed by follow-on milk powdered formula, standard milk powdered formula and special milk formula.

By Age Group (0-6 months, 6-12 months and 12+ months): Age group of 12+ months captured the majority of the market share in Philippines in 2018 owing to higher consumption of growing-up formula products. The remaining market share was collectively captured by 6-12 months and 0-6 months’ age group during the year 2018.

By Type of Distribution Channel (Health and Beauty Specialist Retailers, Supermarkets, Independent Small Grocers, Hypermarkets, Internet Retailing and Convenience Stores): Majority of the baby food sales are made through health and beauty specialist retailers as well as supermarkets majorly due to the high preference for modern stories with popular brands and multiple variants. The remaining distribution channels include independent small grocers, hypermarkets, internet retailing and convenience stores which collectively captured the remaining market share in the year 2018.

By Nature (Inorganic and Organic)

The Philippines baby food market during the year 2018 was majorly dominated by the inorganic baby food segment as it is widely available at a low cost when compared to organic baby foods in the Philippines. However, the growing awareness among the parents to provide healthy food to their babies has given a boost to organic baby food sales in the country.

Decision Making Criteria for Consumers to Purchase Baby Food in the Philippines

Baby food market is one of the highly sensitive markets where parents take good / high care on deciding on a particular product for their babies. Hence, decision making criteria’s plays important role in selection of products. Most important decision making criteria are the advice from Health Experts and word of mouth

Comparative Landscape in Philippines Baby Food Market

Competition within the Philippines baby food market was observed as highly concentrated along with the presence of three major manufacturers of baby food competing on parameters such as product variant, channels of distribution and price. The leading players in the market are two international companies of which one directly imports finished baby food products in Philippines and the other locally manufactures baby food within the Philippines. Domestic companies selling baby food products have negligible market share. In the year 2018, majority of the market share was held by Nestle and Reckitt Benckiser which collectively catered to ~% of the total market in terms of retail sales. Nestle S.A held a market share of ~% whereas the market shares of Reckitt Benckiser captured a market share of ~% in the year 2018. The remaining ~% of the market was captured by companies including Abbott Laboratories, Alaska Milk Corporation and HiPP GmbH & Co and others.

Key Segments Covered:-

By Food Category:-

Milk Formula

Growing-Up Milk Formula (Above 12 Months)

Follow on Milk Powdered Formula (6-12 Months)

Standard Milk Powdered Formula (0-6 Months)

Special Milk Formula

Dried Baby Food

Prepared Baby Food

Other Baby Food (Cereal based, snacks and rest)

By Nature:-

Inorganic Baby Food

Organic Baby Food

By Age Group:-

0-6 months

6-12 months

12+ months

By Distribution Channel:-

Health and Beauty Specialist Retailers

Supermarkets

Independent Small Grocers

Hypermarkets

Internet Retailing

Convenience Stores

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019-2023

Companies Covered:-

Nestlé Philippines Inc

Reckitt Benckiser Group Plc (RB)

Abbott Laboratories

Other Players (DMK Deutsches Milchkontor GmbH, Holle Baby Food GmbH, United Pharmaceuticals SA and rest)

Brands Covered in the Report:-

Lactum (Reckitt Benckiser Group)

Nido (Nestlé SA)

Enfamil (Reckitt Benckiser Group)

Promil (Nestlé SA)

Nan (Nestlé SA)

Nestogen (Nestlé SA)

Alacta (Reckitt Benckiser Group)

Enfagrow (Reckitt Benckiser Group)

S-26 (Nestlé SA)

Bonamil (Nestlé SA)

Others

Keywords:-

Prepared Baby Food Market Philippines

Philippines Baby Food Market

Baby Food Market in Philippines

Baby Food Industry Philippines

Philippines Baby Food Sales Market

Dry Baby Food Market Philippines

Philippines Milk Formula Sales Market

Organic Baby Food Sales Philippines

Philippines Baby food Ingredients

Infant Growth Chart Philippines

Philippines Baby Food Genesis

Cereal Baby Food Revenue Philippines

Cereal Baby Food Market Philippines

Philippines Baby Food Revenue Streams

Hero Group GmbH Baby Food Philippines

Success Factors Philippines Baby Food

Philippines Baby Food Market Analysis

For more information, refer to below link:-

Philippines Baby Food Market

Related Reports:-

Nigeria Baby Food Market Outlook to 2023 – By Milk Formulae (Standard, Follow-On, Growing-Up Milk Formula), Dried Baby Food (Cereal Based and Others -Meat/Fish, Fruits & Vegetable and Nuts), Prepared/ Ready to Eat Baby Food and Other Baby Food; By Organic Baby Food; By Channel (Supermarkets, Independent Small Grocers, and Online

Turkey Baby Food Market Outlook to 2023 - By Infant Milk Formulae (Standard, Follow-On, Growing-Up and Special Baby Milk Formula), Dried Baby Food, Prepared Baby Food, Milk Formula and Other Baby Food; Organic Baby Food

Australia Baby Food Market Outlook to 2023 - By Type (Dried Baby Food, Prepared Baby Food, Milk Formula and Other Baby Food), By Organic Baby Food), By Region and By Channels of Distribution

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Central Luzon Cold Storage Market: Ken Research

Buy Now

The report titled “End User Perspective in Central Luzon Cold Storage Market- Dominance of Meat and Seafood Production Albeit by Inadequate Storage Facilities and Frequent Power Outrages” provides a comprehensive analysis of the cold storage market of Central Luzon. The report covers the value chain analysis, regional analysis for preferring Central Luzon, competitive advantages for setting up cold storage, case studies of key competitors in the region, major product categories for cold storage, emerging technologies in cold storage challenges encountered by captive companies, success factors for captive companies, decision-making process for clients, potential customers for cold storage, production of cold storage products in the region and the number of establishments in the region. The report concludes with an ecosystem including the directory of potential customers for cold storage services and analyst recommendations for setting up a cold storage the facility in Central Luzon.

Regional Analysis of Central Luzon: Central Luzon region is the third-highest contributor to GDP of the Philippines with provinces such as Bulacan and Nueva Ecija ranking in the top 10 earning provinces Moreover, it is also the third the most populous region which has the highest number of educational institutions (220 colleges and universities) outside Metro Manila which has led to a high young population. Central Luzon is a strategically located region in the middle of Luzon Island and distant from major fault lines. It is protected by typhoons by the surrounding Zambales and Sierra Madre mountain ranges which encourage businesses operations to invest in the region and set the path for industrialization.

Competitive Advantage for Setting up Cold Storage in Central Luzon: Companies operating in the cold storage industry of Central, Luzon can undertake designated steps to improve their performance and position in the industry. They can opt for automation, maximize cube density storage, control loss of heat, increase the use of warm solutions, undertake suitable dock to stock processes, track humidity and moisture and clean the cold storage facility. The companies can also ensure ideal temperature ranges required by several categories of products such as fruits, vegetables, dairy products, confectioneries, and several others.

Emerging Technologies in Central Luzon Cold Storage Market: Companies in Central, Luzon has been identified to undertake several advanced technological mechanisms and installations to stay competitive in the cold storage industry of the region. They have been identified to incorporate technologies such as EDI, RFID Cloud technology, automated pallets, blast freezers, sustainable technology, WMS, and other such installations.

Challenges Encountered by Captive Companies in Central Luzon Cold Storage Market: Cold storage industry in Central Luzon is a high demand and high growth industry owing to the high production of meat and seafood products. The industry continues to experience a significant number of challenges including the depreciative impact of cold on equipment, labor, batteries, electric lift trucks, inefficient time management and policy compliance, lack of proper care of food products, improper labeling of racks and individual products and high pricing, especially among logistics companies.

Success Factors for Captive Companies in Central Luzon Cold Storage Market: The several contributing factors that assist cold storage companies to operate successfully in the Central Luzon Region of Philippines include a high focus on chilling and freezing processes, overcoming truck ban challenges, undertake GPS tracking, adoption of effective marketing strategies such as direct and event marketing., conquering alternate temperature ranges, maintaining high quality of equipment and several others.

Potential Customers for Cold Storage Companies: Various potential customers for cold storage services in the region of Central Luzon include food production and processing companies such as ready-to-eat food companies and confectionary companies, grocery stores selling fruits and vegetables, meat and seafood companies, pharmaceutical companies, dairy companies, restaurants and kitchens. Majority of the cold storage services are required by meat and seafood and pharmaceutical companies. Meat and seafood companies primarily require a freezer and blast freezer services for a temperature range of -10C to -40C. They are expected to take cold storage services from logistics companies or operate their own cold storages. However, they are highly unlikely to take cold storages from fellow captive companies in the industry. Additionally, they are less likely to recommend the cold storage services they are taking to other clients owing to high competition in the meat and seafood space of Central Luzon.

Key Target Audience:-

Captive Cold Storage Companies

Logistics Companies

Cold Storage Technology Companies

Cold Chain Associations

Logistics Associations

Private Equity Firms

Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2013-2018

Forecast Period: 2018-2023E

Case Studies Covered:-

Jentec Cold Storage

Royale Cold Storage

Nestle Philippines Inc

Key Topics Covered in the Report:-

Value Chain Analysis of Central Luzon Cold Storage Market

Regional Analysis of Central Luzon

Competitive Advantage for Setting up Cold Storage in Central Luzon

Case Studies for Key Competitors in Central Luzon Cold Storage Market

Major Product Categories in Central Luzon Cold Storage Market

Emerging Technologies in Central Luzon Cold Storage Market

Challenges Encountered by Captive Companies in Central Luzon Cold Storage Market

Success Factors for Captive Companies in Central Luzon Cold Storage Market

Decision Making Process for Clients in Central Luzon Cold Storage Market

Potential Customers for Cold Storage Companies

Production of Cold Storage Products in Central Luzon

Number of Establishments in Central Luzon

Ecosystem for Central Luzon Cold Storage Market

Analyst Recommendations for Central Luzon Cold Storage Market

For More Information On The Research Report, Refer To Below Link:-

Central Luzon Cold Storage Market

Related Reports:-

Philippines Cold Chain Market Outlook To 2023 - By Service Mix (Cold Storage Market And Cold Transportation)

Indonesia Cold Chain (Cold Transport And Storage) Market Outlook To 2021 - By End Users (Meat And Seafood, Vaccines And Other Pharma Products, Bakery And Confectionary, Fruits And Vegetables And Others)

Thailand Cold Chain Market Forecast To 2022 - By Type (Cold Storage And Cold Transport), By 3PL, By Temperature Range, By Region, By International And Domestic Cold Transport And By Modes Of Transport (Ground, Air, And Sea)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Increase in Popularity of Audio and Video Broadcasting & E-Commerce for Consumer Electronics, Followed by Augment in Technological Advances is Set to Drive Global Audio and Video Equipment Manufacturing Market Over the Forecast Period

Buy Now

According to study, “Audio And Video Equipment Manufacturing Global Market Report 2019” the key companies operating in the global audio and video equipment manufacturing market are Samsung Electronics Co Ltd, Harman International Industries, Bose Corporation, LG Electronics Inc, Voxx, Alpine Electronics Inc., Sony Corp, Panasonic Corporation, Akai, DTS Inc., Dolby Laboratories Inc., JVC Kenwood Holdings Inc.,  Koninklijke Philips Electronics NV, Sanyo Electric Co. Ltd., Onkyo Corporation, Nakamichi Corporation, Sharp Corp., Pioneer Corporation, AKG Acoustics, Bad Cat,  Casio, Boston Acoustics, Electro Magnet Speaker, JBL, Lighthouse Technologies Ltd., Wollensak, Kenwood Corp., Mackie, Marshall Amplification, Mesa Boogie, Martin Audio, NXT Plc., Toshiba America Inc.

Audio equipment assigns to devices that reproduce, record, or process sound such as AV receivers, radio receivers and microphones etc. Video equipments are electronic equipment to broadcasts or receive electromagnetic waves for representing images & sound such as television equipment. Audio and video equipments are generally designed in-house and sold to customers through retail chains, distributors, and retail stores.

Based on equipment, global audio and video equipment manufacturing market is segmented into amplifiers, DVD or blue-ray players, car stereos, jukeboxes, home stereo systems, wireless speaker, loudspeaker, sound bars, microphones, Bluetooth audio, headphones, speaker systems, televisions, household-type video cameras and video cassette recorders. Based on raw material, market is segmented into permanent magnets, metal & plastic casings, copper coils, stainless steel cabinets and video displays & electronic components. Based on distribution channel, market is segmented into offline channel and online channel. Based on application, market is segmented into home entertainment, motor vehicles, musical instrument amplification and musical instrument amplification.

The audio and video equipment manufacturing market is driven by increase in popularity of audio and video broadcasting & e-commerce for consumer electronics, followed by augment in technological advances, and rise in disposable. However, change in consumer preferences, increases in interest rate and high degree of price may impact the market growth.

Nowadays, companies are manufacturing Closed Circuit Television Cameras (CCTV) using motion detection technology for countering theft & crime. The CCTV camera consumes less energy and detects any motion of objects in the field of view with raises alarm in case of an intrusion. This feature provides effective surveillance of an area at low costs. In addition, LED video walls are also installed in commercial establishments such as hotels, stadiums stores, restaurants, and other places. These video walls are used as monitor screens for display advertisements.

Based on geography, Asia-Pacific region holds major share in audio and video equipment manufacturing market owing to rise in middle class population in developing countries such as India, China, and Brazil. North-America in expected to witness higher growth rate due to enhance in demand for wireless audio equipment market as a result of increase in popularity of mobile devices & change in media consumption behavior of consumers over the forecast period. In upcoming years, it is estimated that the market will be reached at rapid pace on account of increase in economic growth and rise in disposable income.

For more information on the research report, refer to below link:

Audio And Video Equipment Manufacturing Global Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Philippines Medical Devices Market Driven by Growing Number of Hospitals and Clinics and Surge in Demand for Refurbished/Used Equipments: Ken Research

“Increase in the number of geriatric population coupled with rising demand for modern and sophisticated medical equipments has driven the medical devices market in Philippines.”

Surge in Demand for Refurbished/Used Medical Equipment: There is a growing demand for refurbished medical equipment in the Philippines. While public and government-owned hospitals tend to purchase only new equipment, the private sector is divided between the market segments of new and refurbished medical equipment. Private hospitals and clinics outside metropolitan Manila often tend to purchase used and refurbished equipment, such as x-rays, cardiology and surgery devices, given their limited budgets. To date, approximately 55% of all medical equipment supplied to hospitals and clinics are refurbished. With the growing demand for extensive healthcare coverage outside the main urban centers, Philippines provide opportunities to tap into this emerging market segment

Increase in Medical Tourism: The Philippines is becoming increasingly popular as a medical tourist destination for foreign nationals. The country has been observed to cater 80,000 to 250,000 patients annually, with clients primarily coming from regions such as East Asia, Sri Lanka, Pacific Islands, Australia, North and South America, Europe, and the UK, and the Middle East. In addition to this, the Department of Health of the government along with Department of Tourism of the Philippines initiated the Philippine Medical Tourism Program in 2006 which has attracted foreign patients for procuring medical services. 

Demand for Radiography Devices: The country observes high incidence of lung diseases, heart diseases, kidney diseases, hypertension and other respiratory challenges prompt hospitals to make enhancements for medical equipments. Thus, an increasing demand for general radiography devices such as linear accelerators, electro-cardiographs, ultrasonic scanning machines (ultrasound), magnetic resonance imaging, x-ray and radiation equipment, breathing appliances, electrocardiogram equipment, dialysis machines, and computed tomography apparatuses has been observed in the country.

Constant Change in Price of the Medical Devices: Medical devices have to undergo continuous research and development. They have a much shorter product life-cycle in comparison with pharmaceutical products. This is especially true for electronic medical devices, where the product life-cycle is presently around 1 to 3 years. A major drawback of the continuous development for medical devices is that the older technologies appear to be more cost-effective as the prices of older technologies drop considerably once the new technology is introduced. Thus, there are significant methodological difficulties while conducting the economic evaluations for medical devices.

The report titled “Philippines Medical Devices Market Outlook to 2023 - Surge in Demand for Used/Refurbished Medical Equipments and New Healthcare Infrastructure Projects to Maintain Healthy Growth” published by Ken Research suggests that the medical devices market of Philippines has been growing owing to key contributing factors such as ageing population, rise in number of hospitals and clinics, growing medical tourism and increasing government expenditure on the health sector of the country. The market registered a positive CAGR of 10.8% on the basis of revenue during the review period 2013-2018.

Key Segments Covered:

By Type of Business Activity

Imports

Domestic Production

By Mode of Sales

Direct Sales

Distributor Mediated

By Type of Medical Devices

Medical Consumables

Diagnostic Imaging Products

Dialysis Machine

Cardiac Device

Respiratory Products

Hospital Furniture

Auxiliary Devices

Dental and Orthopedic Products

Ophthalmic Devices

By End Users

Hospitals

Clinics and Diagnostic Lab Centers

Others (Home Healthcare, Telemedicine Centers)

By Region

Luzon

Visayas

Mindanao

Key Target Audience

Hospitals

Medical Device Manufacturers

Healthcare Research Firms

Healthcare Associations

Government Bodies

Distributors

Medical Device Technology Suppliers

Time Period Captured in the Report:

Historical Period: 2013-2018

Forecast Period: 2019-2023E

Manufacturers Covered:

GE Healthcare

Fresenius Philippines

Siemens Healthcare

Philips Healthcare

Medtronic

BD Healthcare

Terumo Healthcare

B Braun Philippines

Distributors Covered:

Zuellig Pharma

Zafire

Metro Drugs Inc.

Health Solution Enterprises

Berovan Marketing Inc.

Patient Care Corporation

RBGM Medical Express Sales Inc.

Saviour MedDevices Incorporated

Transmedic Group

RG Meditron Inc.

Carestream

Philippine Medical System

Aljeron Medical Enterprise

Progressive Medical Corporation

Fernando Medical Enterprise

Medical One

Key Topics Covered in the Report

Philippines Medical Device Market

Philippines Medical Device Market Research Report

Philippines Medical Device Industry Research Report

Health Solution Enterprises Philippines

Saviour MedDevices Incorporated Philippines

Philippines Medical Device Industry

Medical Device Companies Philippines

Medical Device Philippines

Companies Medical Devices Philippines

Auxiliary Devices Philippines Sales

For more information, refer to below link:

Philippines Medical Devices Market

Related Reports

Singapore Medical Devices Market Outlook to 2022 - by Type of Medical Device (Consumables, Diagnostic Imaging, Patient Aids, Orthopedic & Prosthetics, Dental Products and Others)

Kuwait Medical Device Market Outlook to 2022 - By Type (Diagnostic Imaging Products, Medical Disposables, Auxiliary Devices, Orthopedic Devices, Dental Products, Aesthetic Devices, Diabetic Products and Others)

Indonesia Medical Devices Market Outlook to 2022 - By Medical Consumable Products, Diagnostic Imaging Products, Auxiliary Devices, Orthopedic Implants, Dental Products, Aesthetic Devices, By Imports & Domestic Production

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Advantageous Landscape Of The Global Healthcare Hyperspectral Imaging Market Outlook: Ken Research

Buy Now

Additionally, it is a category of imaging with a great number of narrow wavebands, where each scene comprises information related to the radiation reflected/absorbed variety of the wavelength. This has turn into one of the foremost techniques for appraising any target in non-destructive and remote-based imaging. According to the report analysis, ‘Healthcare Hyperspectral Imaging Market’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share around the globe more positively in the short span of time while introducing the new and innovated technologies for performing the task and increasing the prevalence of the diseases includes Headwall Photonics, Specim Spectral Imaging, NorskElektroOptikk, IMEC, Surface Optics and several others.

The hyperspectral imaging (HIS) has alike information collection procedure like other spectral imaging around the electromagnetic spectrum. The prime objective of the hyperspectral imaging is to attain the spectrum for each pixel in the image scene seizures and recognize the target with the great precision and details. Moreover, it assists in characteristic spectrally unique materials and also supports to citation the detailed information that is not possible with the other types of tenuously sensed techniques. Whereas, the hyperspectral imaging has a wide variety of applications in the vegetation, archaeology, crime detection, diagnosis, food quality, forensic and several others. The developing applications has led to a significant rise in the ultimatum for the HIS in the non-invasive diagnosis, especially in the surgical guidance.

The market of healthcare hyperspectral imaging is extremely competitive with all the players competing to govern. The intense competition, express advancements in technology, and numerous changes in the government policies are the key factors that antagonize the market.The manufacturers of this market have formulated the various strategies for enhancing the innovative healthcare hyperspectral imaging devices in the market.

The global healthcare hyperspectral imaging market is predicted to observe a CAGR of 14.4% during the forecast period of 2018-2024. Moreover, the global market of healthcare hyperspectral imaging is segmented into different sectors which majorly involves application type, end-users, region and product type. Whereas, based on the region, the market of healthcare hyperspectral imaging is spread across the globe which majorly involves North America, Europe, Asia Pacific, and Rest of the World (ROW). In North America region, the US and Canada are the foremost regions owing to the utmost number of diagnostic cases in the recent past years. This region accounts the overall existence of healthcare hyperspectral imaging and has the foremost differentiated devices available in the market. It has the uppermost percentage of the ageing populace with the many individuals suffering from chronic diseases such as CVD, neurovascular disorders, orthopedic surgeries, and other urology-related syndromes. This has assisted most of the vendors to tolerate and increase over the period and manage their product existence in the market. Therefore, in the coming years it is predicted that the market of healthcare hyperspectral imaging will increase across the globe more positively over the recent few years.

For more information on the research report, refer to below link:

Healthcare Hyperspectral Imaging Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249