Wednesday, December 27, 2017

India Herbal Extract Market Outlook to 2022: Ken Research

Ken Research announced its latest publication on “India Herbal Extract Market by End Users (Pharmaceuticals & Nutraceutical, Cosmetics and Food & Beverage Industries), by Extract type (Carotenoids, Aloe Vera, Ginger, Capsicum, Turmeric, Shilajit, Marigold, Shatavari and Others), Oleoresins and Essential Oil – Outlook to 2022” suggested a rapid growth in India Herbal Extracts Market, majorly driven by the growing preference of people for natural and herbal products over the already existing chemical-based products. The stakeholders of this report include herbal extracts, oleoresins and essential oil manufacturers and distributing agents, pharmaceutical & nutraceutical, cosmetics, and food and beverages companies, companies involved in research, farmers in India and the new entrants and venture capitalists who wish to invest in herbal extracts market in future.
Detailed comparative analysis of major herbal extracts market players has also been provided. Various marketing analysis factors such as trends and developments and SWOT analysis are also added in the study. The future analysis of the overall India herbal extracts market has also been discussed along with recommendations from analyst view.
India Herbal Extracts Market Overview and Present Scenario
Plant or herbal extracts are natural products which have gained immense importance over the past few years. Such products are used as raw materials or ingredients by the companies operating in pharmaceuticals, cosmetics, and food and beverages industries across the world. Asia Pacific is amongst the fastest growing geographies owing to the demand and supply of herbal extracts from China and India.
India herbal extracts market has recorded phenomenal growth over the years with rising awareness among the people about the health benefits of consuming herbal products. Herbal extract market in India increased to INR ~ crore in FY’2017 from INR ~ crore in FY’2012, at a robust CAGR of ~% during the same period. The market has majorly been driven by the exports of high quality herbal extracts which are demanded by the US, Canada, Ukraine, South Korea, Czech Republic, Israel, France, Taiwan, Nepal, and other nations. The inclination of foreign customers towards Indian products due to health benefits of various herbs has led to a boost in the revenues of the market.
India Herbal Extracts Market Segmentation
By End Users (Pharmaceuticals and Nutraceuticals, Cosmetics, and Food & Beverages Industries): The use of herbal extracts in the pharmaceutical and nutraceutical industry of India contributed a dominant share of INR ~ crore in the overall sales of the players operating in the space during FY’2017. The rising demand for natural cosmetics has resulted in augmented use of herbal extracts in preparing beauty products. The sales of herbal extracts to cosmetics companies in India contributed INR ~ crore to the overall revenues of the market during FY’2017. The overall sales of herbal extracts to companies in food & beverages sector accounted for INR ~ crore of the total revenues during FY’2017.
By Export Sales and Domestic Sales: Export sales dominated the market and contributed INR ~ crore to the overall sales of herbal extracts by all the players operating in the space. Domestic sales of herbal extracts contributed INR ~ crore to the overall revenues within the country during FY’2017.
India Pharmaceutical and Nutraceutical Herbal Extracts Market
Segmentation by Major Herbal Extracts: The sales of carotenoids by Indian manufacturers to pharmaceutical and nutraceutical companies dominated the market, by contributing ~% to the overall revenues during FY’2017. Aloe vera is also known as the medicinal aloe and has several benefits to human skin and health. The total sales of aloe vera extract to pharmaceutical and nutraceutical sector contributed ~% to the overall sales during FY'2017. The overall sales of ginger extract accounted for INR ~ crore of the revenues generated by herbal extract manufacturers from their sales to pharmaceutical and nutraceutical customers during FY’2017. Herbal extract manufacturers added ~% and ~% to the overall revenues generated from the sales of marigold and shatavari extracts respectively, to pharmaceutical and nutraceutical customers during FY’2017.
Segmentation by Application: Drugs for general wellness accounted for the maximum consumption during FY’2017, wherein herbal extract manufacturers generated ~% of the total revenue from sales of extracts used in such medicines and supplements. Herbal extracts for improving the conditions of digestive system and liver accounted for ~% of the overall sales during FY’2017. The overall consumption of herbal extracts for curing cardio vascular diseases resulted in ~% of the overall sales to pharmaceutical companies during FY’2017.
India Cosmetics Herbal Extracts Market
Segmentation by Herbs: Turmeric is the most used natural ingredient in manufacturing cosmetics products and contributed a dominant share of ~% to the overall market revenues during FY’2017. The total sales of aloe vera extract to the cosmetics industry in FY’2017 contributed a share of INR ~ crore to the market revenues. The overall sales of brahmi and amla extracts to the companies in cosmetics industries constituted a share of ~% in the overall market revenues during FY’2017. The rising demand for bathing bars, facial bars and facewashes with herbal ingredients made kesar and chandan extract account for INR ~ crore in the overall market revenues during FY’2017. The use of coffee extract in various skin care and hair care products resulted in this segment contribute ~% to the overall revenues from sales of various types of herbs used for extraction by cosmetics industry during FY’2017.
India Food and Beverages Herbal Extracts Market
Segmentation by Major Herbs: The revenues generated from sales of extract derived from amla dominated the Food and Beverages herbal extracts market, contributing ~% of the overall revenues during FY’2017. The sales of aloe vera extracts constituted for INR ~ crore in the overall revenues from sales of herbal extracts to companies operating in food and beverages industry in the country during FY’2017. The growing sales of bitter gourd juices have added to the sales of the extracts from the herb, contributing ~% to the overall market revenues during FY’2017. The total sales of extract produced from jamun constituted INR ~ crore in the overall sales by the market players to F&B sector in the country during FY’2017. The sales of ginger and turmeric extract to food and beverages companies accounted for ~% and ~% respectively of the overall sales during FY’2017. The sales of boswellia accounted for~% of the overall revenues generated by the herbal extracts manufacturers from their sales to food and beverages customers during FY’2017.
Snapshot on India Oleoresins Market
Oleoresins are pure extracts of spices or herbs. Kancor Ingredients was the first market player in India manufacturing oleoresin of black pepper, followed by Synthite Industries Limited and Plant Lipids. Other leading market players include Arjuna Natural Extracts Ltd., and Sami Labs Limited. As per several industry reports, India held over ~% in the global oleoresins production in FY’2017.
India oleoresins market increased from INR ~ crore during FY’2012 to INR ~ crore during FY’2017, at a CAGR of ~% during the same period. The market for oleoresins has been increasing due to rising demand for packaged spices and the use of spice mixes in food applications. The allowance of ~% foreign direct investment (FDI) in five plantation crops, which include cardamom via the automatic route has attracted foreign fund in cardamom plantation, thus having a positive effect on the extraction volumes of oleoresins.
Major Herbs Used to Extract Oleoresins: The most used herbs for oleoresins extraction are turmeric, black pepper, paprika, capsicum, ginger, garlic, and onion. In terms of volume, oleoresins from paprika had the largest contribution in the market, whereas, in terms of value, oleoresin from turmeric led the overall revenues during FY’2017.
India Oleoresins Market Future Outlook and Projections: The market for oleoresins in India is expected to incline from INR ~ crore during FY’2017 to INR ~ crore during FY’2022, at a CAGR of ~% during the same period. Asia Pacific is projected to drive the growth of the market owing to the development of food processing industry in the developing nations including India, China and Indonesia.
Competitive Scenario in India Herbal Extracts Market
The overall market is concentrated among the top seven players which hold the majority of the share. Major players in the herbal extracts market in the country include Arjuna Natural Extracts Ltd., Synthite Industries Limited, Sami Labs Limited, Vidya Herbs Private Limited, OmniActive Health Technologies Ltd., Indfrag Limited and K.Patel Phyto Extractions Pvt. Ltd.
Synthite Industries dominated the market revenues in India Herbal Extracts Market, contributing INR ~ crore during FY’2017. Plant Lipids Pvt Limited acquired the second position in terms of market revenues, majorly driven by its manufacturing facilities in India. The company had ~% share in the market revenues during FY’2017. Sami Labs Ltd is the third largest herbal extract player in India. OmniActive Health Technologies Ltd. constituted a share of ~% in India herbal extracts market during FY’2017. Arjuna Natural Extracts Ltd. had a share of INR ~ crore in the overall revenues generated by all herbal extracts market players in India during FY’2017. Indfrag Limited acquired a share of ~% in the overall revenues generated by India herbal extracts market during FY’2017 and Vidya Herbs Private Limited accounted for INR ~ crore of the market revenues during the same year. Catering to the leading pharmaceutical companies in the country through its product portfolio of herbal extracts, K.Patel Phyto Extractions Pvt. Ltd. had a share of ~ in the overall market revenues during FY’2017.
India Herbal Extracts Market Future Outlook and Projections
The revenues generated by herbal extracts market players in India are projected to augment to INR ~ crore by FY’2022 from INR ~ crore during FY’2017, registering a CAGR of ~ during the period FY’2017-FY’2022. The sales of herbal extracts to pharmaceuticals and nutraceutical industry in the country are projected to dominate the market with a share of ~% in the overall market revenues during FY’2022.  The shift of people from packaged food with high chemical content to dietary supplements with herbal extracts will make F&B customers contribute INR ~ crore to the overall market revenues during FY’2022.
Key Topics Covered in the Report:
India Herbal Extracts Market Overview        
Value Chain Analysis of India Herbal Extracts Market
India Herbal Extracts Market Size by Revenue
India Pharmaceuticals and Nutraceuticals Herbal Extracts Market
India Cosmetics Herbal Extracts Market
India Food and Beverages Herbal Extracts Market
Snapshot on India Oleoresins and Essential Oil Market
Pricing Analysis in India Herbal Extracts Market
SWOT Analysis of India Herbal Extracts Market               
Trends and Developments in India Herbal Extracts Market
Competitive Scenario in India Herbal Extracts Market
Market Share of Major Players in India Herbal Extracts Market
Investment Model for Setting up Herbal Extract Manufacturing Plant in India       
Future Outlook and Projections for India Herbal Extracts Market 
Macro-Economic Factors Impacting India Herbal Extracts Market
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Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Tuesday, December 26, 2017

UAE Exercise Notebook Industry Driven by Rising Number of International Schools, Inclining Student Enrolment Rates Coupled with Amplifying Re-Export Market: Ken Research

Rising literacy rates, increased consumption of notebooks and diaries by the business establishments coupled with increasing paper consumption in country and rising production capacity of the major players in the market were the key drivers of exercise notebook market growth in UAE during the review period.

The UAE has been popularly known for the presence of highest number of international schools in the world. As of 2016, the country has 518 international schools. The demand for notebooks in the country both local and export demand are largely catered through the imported products. The country has a high preference of center stapled binding over other binding methods. Moreover, there have been cover types like soft cover and hard cover. These specifications have opened up many options before the customers making their purchase more specific. Customer preferences started being more specific to size of paper, designs, number of pages and similar features. People highly prefer to buy from stationery stores and school and college stationery as of 2016. The major players in the market has their own online selling portals; also the imported products and domestically manufactured products are offered in some of the ecommerce websites in the country such as Souq, Lulu Webstore and others.

Majority of the products are imported from countries such as China, Indonesia and US to name a few. A major part of the imported products is used for re-export markets, especially the emerging markets in Africa. Dubai is considered as one of the major destination for African countries to import stationery products like notebooks from, as the city has a well-organized chain of retailers and wholesalers, an excellent sourcing network, a well developed warehousing and stocking facility and a reputation for reliability that has been built over the years.

The report titled “UAE Exercise Notebook Market By Category (Notebooks and Long books, Diaries, Practical Books, Drawing Books, Graph Books, Pocket/Reminder Books and Others), By Domestically Produced and Imported Products – Outlook to 2021” by Ken Research suggested a positive CAGR in terms of consumer spending in exercise notebook market in the next 5 years till 2021. UAE Exercise Notebook Market is expected to reach USD 101 million by 2021

Key Topics Covered in the Report:
Hard Cover Notebooks Sales UAE
Notebook and Logbook Sales in UAE
Stationary Stores Market in UAE
School Stationary Stores Industry in UAE
Import Notebooks in UAE
Diary Sales in UAE
Revenue Stationary Stores UAE
Psi Stationary Sales UAE
Number of Stationary Stores UAE
United Arab Emirates Mass Notebook Market
Dubai Sales of Exercise Notebook
Sharjah Stationary Stores Revenue
Stationary Manufacturing Base in UAE
Exercise Books Manufacturers in UAE
Stationary Showrooms in UAE

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Westernization and Industrialization in Australia to boost Drug Delivery Devices Market: Ken Research

Australia encouraged nanotechnology applications in various sectors such as energy, food, water, drug delivery and new ways to regenerate damaged parts of a human body such as blood vessels, brain, nerves, bone and cartilage. Nanotechnology is a thriving field for scientific and technological creativity in areas such as nano-materials, nano- biotechnology, electronics and photonics, energy and environment and quantum technology. Nanotechnology is used in delivering medical solutions to prevent the transmission of sexually transmitted infections. A combination of nanotechnology and ultrasound is used to replace injections with non-invasively deliver of drugs.

According to the study “Australia Drug Delivery Devices Market Outlook to 2023-Central Venous Catheters, Infusion Systems, Needle Free Injections and Metered Dose Inhaler Devices”, the various categories in Australian drug delivery devices are central venous catheters, needle free injections, infusion systems and metered dose inhaler devices. The major key companies operating within the Australia Drug Delivery Devices market are GlaxoSmithKline Plc, AstraZeneca Plc, Hospira Inc, Becton Dickinson and Co, Boehringer Ingelheim GmbH, Baxter International Inc, Medtronic plc and others. All the new entrants in the drug delivery devices market in Australia are faced with cut throat competition due to innovative technology, quality services and diligence of international vendors.
There are various forms of drug delivery systems available in Australia for the treatment of chronic obstructive pulmonary disorders (COPD). Respiratory inhalers and nebuliser are the main forms of drug administration devices. Smart inhalers were developed with new age digital technology to improve respiratory disease management. Smart inhalers are equipped with a digital sensor that tracks the data of dosage timing, monitors the use of the inhaler, and schedules the next dosage. The respiratory inhalers are used at hospitals, clinics, respiratory care center, and other places. Nebulisers are categorised into Compressed air nebuliser, Ultrasonic nebuliser, and Mesh nebuliser. Ultrasonic nebulizers comprise of better technology compared to the jet nebulizers that are currently available. The leading vendors in respiratory inhalers market are investing heavily in the development of different kinds of inhalers and nebulizers that provide easy access to the patients. It was observed that the number of Australian population suffering from asthma and COPD are increasing drastically. COPD is the third deadly disease and can be controlled while creating awareness among the population coupled with development of new drugs.
The increasing prevalence of chronic diseases in Australia such as cancer, CVDs, hormonal disorders, and other diseases has encouraged infusion systems for medical treatment. The emerging trends in infusion systems market are encouraging the adoption of power-driven and closed infusion systems for the delivery of various medication fluids. The advances in infusion systems design and insertion of the catheter have resulted in the development of closed infusion systems. These closed infusion systems help to reduce the risk of cross-contamination or accidental contamination in patients.
The Australian health department has introduced guidelines regarding the best practices of using and managing medical drug delivery systems. The healthcare reforms and safety guidelines will witness a positive growth on the central venous catheters market. These guidelines focus on the prevention and control of healthcare-associated infections in hospitals, and outpatient sector. Australian health department has recommended the use of intravascular devices such as central venous catheters devices to reduce the associated complications. These measures have driven the growth and adoption of CVCs market in the country. The rising prevalence of cancer and cardiovascular disorders along with the rising awareness about the antimicrobial technology has encouraged the adoption of antimicrobial CVCs.
Self-administration of drugs using needle-free delivery devices was developed to avoid medical costs. Majority of the Australians self-administer medicinal drugs using a self-injectable medication which has led to a huge demand for needle-free drug delivery products. This trend also encourages pharmaceutical companies to invent new self-administration drugs. The various needle free drug delivery systems are jet injectors and transdermal drug delivery systems which are available for patients with needle phobia. Needle-free drug delivery systems are used for insulin delivery, vaccination and pain management.
The drug delivery devices are central venous catheters, needle free injections, infusion systems and metered dose inhaler devices. These devices are used to administer medicinal drugs to the patients which are dose-optimized systems with a high level of safety and efficiency. Majority of the advanced medicinal drugs are supported by drug delivery technology which meets the growing needs of patients in Australia. It was observed that the drug delivery devices market in Australia will witness a steady growing in the upcoming years. There is a huge demand for the drug delivery devices to treat the increasing health disorders developed due to westernization and industrialization.
Key Topics Covered in the Report
Australia Drug Delivery Devices Market Research Report
Australia Drug Delivery Devices Industry Performance
Australia Drug Delivery Devices Market Future Outlook
Syringes Market Growth Outlook Australia
Nebulizer’s Market Research Australia
Nazal Spray Demand Australia
Infusion Pump Demand Australia
Drug Eluting Stent Market Australia
Australia Drug Delivery Pump Consumption In Hospitals
Australia Healthcare Industry
Medical Devices Market Revenue Australia
Australia Drug Delivery Devices Major Manufacturers
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Ankur Gupta, Head Marketing & Communications
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Strict Regulatory Framework Poses a Challenge to South Korea’s Drug Delivery Systems Market: Ken Research

South Korea is one of the world’s most rapidly industrializing countries with dense population. South Korea is Asia’s fifth largest economy and world’s fifteenth largest economy. South Korea is also one of the countries with lowest birth rate in the world and increasing aging population. With pollution and increasing aged population there is an increase in many lifestyle diseases such as diabetes, musculoskeletal disorder, chronic respiratory diseases, neuropsychiatric disorders, various cancers, tuberculosis, rising incidence of infectious diseases, parasitic diseases, kidney disorders and many other diseases.

Drug delivery devices are central venous catheters, needle free injections, infusion systems and metered dose inhaler devices. These devices are used to administer medicinal drugs to the patients which are dose-optimized systems with a higher level of safety and efficiency. All the advanced medicinal drugs are supported by drug delivery technology and therefore, the drug delivery devices market is developing rapidly. User friendly drug delivery devices meet the growing needs of imminent drug novelties and rising patients in South Korea. It was observed that there are massive opportunities for manufacturers in drug delivery devices market which is the key factor for future growth.

The major factors driving the growth in the drug delivery devices in South Korea are increased prevalence of chronic diseases, technological advances, increase in individual therapy, increased understanding about drug metabolism among the population and requirement of controlled drug release. The major challenges faced by the drug delivery systems in South Korea are injuries, infections, high cost of development, and strict regulatory framework. Various drug delivery devices available in South Korea are injectable, transdermal, ocular, implantable, oral, nasal, topic and pulmonary drug delivery devices. Injectable drug delivery system is the leading and convenient drug delivery devices in the country. The increasing occurrence of chronic and acute diseases along with the growing population has resulted in an increased number of hospitalizations. These circumstances are driving the growth of intravenous access devices market in the country.

According to the study “South Korea Drug Delivery Devices Market Outlook to 2023-Central Venous Catheters, Infusion Systems, Needle Free Injections and Metered Dose Inhaler Devices”, all the surgical and nonsurgical procedures require intravenous access devices such as IV port to administer medicinal drugs into a human system. The development in surgical procedures, patient awareness has encouraged the healthcare professionals to adopt intravenous access devices such as central venous catheters and vascular access devices for safe and accurate drug delivery. The intravenous drug access devices are categorized into intravenous catheters and intravenous infusion pumps. These are used at dialysis centres, home care, hospitals, clinics, and ambulatory surgical centres. Catheters are of various types such as short peripheral intravenous catheters (PIVC), integrated closed PIVCs, and peripherally inserted central catheters (PICC). Central intravenous catheters (CIVC) are used for long-term intravenous access during prevalence of chronic diseases. Therefore, CIVC device market is experiencing a rapid growth in the intravenous catheters segment. There is a huge demand for safety short PIVCs and advanced integrated or closed PIVCs and increased emergency hospital visits. Almost all the specialists in various multispecialty and big healthcare facilities employ PIVCs, CIVCs, and intravenous infusion pumps to administer intravenous medication to the patients.

The global intravenous access devices market is fragmented due to high competition between global and regional players. The leading player in global intravenous access devices are B. Braun Melsungen, BD, C. R. Bard, Smiths Medical, TERUMO CORPORATION, AngioDynamics, APEXMED International, Baxter, Cook Medical, Delta Med, EXELINT International, Fresenius, GaltNeedleTech, Global Medikit, Hospira, ICU Medical, Medtronic, NIPRO Medical, Promed Group, RenovoRx, Retractable Technologies, Teleflex, Vigmed, and Vygon.

Majority of the South Koreans prefer self-administration of drugs using needle-free delivery devices to reduce or avoid medical costs. Many of the patients in South Korea self-administer medicinal drugs using a self-injectable medication. This has led to a huge demand for needle-free drug delivery products, and encourages pharmaceutical companies to invent new self-administration drugs. Many leading companies around the world are investing heavily in the development of micro-needle drug delivery systems with advanced technology. Various needle free drug delivery systems are jet injectors and transdermal drug delivery systems. It was observed that patients with needle phobia prefer pain-free injections and the alternative is needle-fee drug delivery systems. The needle-free drug delivery systems are used for insulin delivery, vaccination and pain management.

Pulmonary drug delivery systems are Dry powder inhaler (DPI), Metered dose inhaler (MDI) and Nebulisers. These systems deposit pulmonary drugs in the lungs for systemic therapeutic activity. Lungs have a large surface area for absorption, high blood circulation, and high permeability rate; therefore, majority of the chronic obstructive pulmonary disorders are treated through pulmonary route. Pulmonary drugs delivery is accomplished through intranasal administration or oral inhalative administration. Oral inhalative administration includes intratracheal inhalation and intratracheal instillation where drugs are delivered through MDIs, DPIs, and nebulizers. The increasing chronic obstructive pulmonary disorder in South Koreans due to industrial pollution has encouraged this market to continue development.

Intranasal drug delivery systems are medical devices used to administer drugs for local diseases in the nose and paranasal sinus. The continuing technological advancements in intranasal drug delivery system has encouraged efficient treatment for such cases. Transdermal drug delivery system utilizes skin for drug administration into the human systemic blood circulation. Various transdermal drug delivery systems are plasters, various ointments and patches. Transdermal drug administration has several advantages such as less traumatic compared to other drug delivery systems, and it is effective when a patient receives a full dosage of any drug. The transdermal drug delivery systems market in South Korea is ever-growing due to its useful applications. It was observed that the South Korean drug delivery devices market will continue growing in the upcoming years due to demand for the drug delivery devices to treat the increasing health disorders developed by westernization and pollution caused due to industrialization.

Key Topics Covered in the Report:
South Korea Drug Delivery Devices Market Research Report
South Korea Drug Delivery Devices Industry Performance
South Korea Drug Delivery Devices Market Future Outlook
Syringes Market Growth Outlook South Korea
Nebulizers’ Market Research South Korea
Nazal Spray Demand South Korea
Infusion Pump Demand South Korea
Drug Eluting Stent Market South Korea
South Korea Drug Delivery Pump Consumption in Hospitals
South Korea Healthcare Industry
Medical Devices Market Revenue South Korea
South Korea Drug Delivery Devices Major Manufacturers
South Korea Needle Free Injections Supplies
Infusion Systems Demand In Hospitals South Korea

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Ken Research
Ankur Gupta, Head Marketing & Communications
0124-4230204

Evolution of Assorted Beverages in Philippines: Ken Research

Philippines have witnessed many beverages being manufactured in the recent years. It was observed that there was a steady growth in the Philippines beverage category in the recent years. Almost all the leading manufacturers were benefited from election-driven spending. Therefore, the manufacturers refrained from increasing their unit prices of beverages despite the rising cost of raw materials. There was a drastic growth in the naturally healthy beverages in Philippines with the continuing rising awareness among Filipinos of the potentially negative health effects of additives, preservatives and other ingredients. This led to the increase in availability of more affordably priced products that has a positive impact on the overall performance of naturally healthy beverages.
Naturally Healthy hot drinks and Naturally Healthy soft drinks are the available products in natural beverage category. The various beverages manufactured in Philippines include health and wellness trend by including fortification and the use of functional ingredients. Pepsi-Cola launched sports drink Gatorade Fierce with Grape, Green Apple and Tropical Fruit flavour variants. These drinks are fortified with electrolytes that are essential for human body hydration. Mondelez Philippines Inc and Kraft Foods are the leading producers of fortified drinks. The fortified drinks include fortified hot drinks, fortified soft drinks. The are many variants of juices available in Philippines juice category such as grapefruit juice, orange juice, other single fruit citrus juice, apple juice, grape juice, pineapple juice, tomato juice, other single fruit juice, and mixtures of juices.
The hot drinks market in Philippines includes hot tea and hot coffee which witnessed a huge growth due to the cafe culture and consumer health awareness. The variants in tea are green tea (unfermented), black tea (fermented or partly fermented) and tea concentrates, extracts and essences. The variants in coffee are coffee (not roasted, decaffeinated), coffee (roasted, not decaffeinated), coffee (roasted, decaffeinated), coffee concentrates, and roasted coffee substitutes. Nescafe, Milo, Nestle and Mayora Indah are the leading market players in the hot drinks sector. Gilamar Enterprises is a major competitor in the tea sector, and the products focus on general safety such as growing health and wellness trend in the Philippines. Another competitor, Gourmet Farms offers enthusiasts organically grown coffee and tea products. Nestlé Philippines and Mayora Indah are the multinationals competitors of hot drinks and the only domestic player in Philippines is Universal Robina.  It was observed that there was a fiercer competition between the only domestic player and the multinationals players.
According to the study “Philippines Beverage Forecasts March 2017”, the increasing in disposable income is supported by the robust Filipino economy and is driving the growth of the beverage sector in the country. Brandy is the largest alcoholic beverage with growth in volume and sales along with specialty spirits that are expected to register a fastest growth. Emperador Distillers, Inc., and Ginebra San Miguel Inc. are the leading competitors in the Philippines alcoholic beverages market. Consumption of Vodka is higher in the Filipino spirits sector compared to the rest of the world. The spirits sector includes brandy, gin, genever, liqueurs, rum, specialty spirits, tequila, mezcal, vodka, and whiskey.
Philippines wine sector witnessed a steady growth in the recent years while sparkling wine market has registered a fastest growth. Carlo Rossi is the leading brand in Philippines wine sector. Wine consumption in Philippines is higher compared to the rest of the world. The variants in wine are sparkling grape wines, other grape wines, unfermented grape wine, Vermouth and other flavoured grape wines and other fermented beverages. The most common alcoholic beverage preferred in Philippines is beer. San Miguel is the leading brand in the manufacture of beer and gin in the country with a variety of products.  Beer na Beer is a close competitor for San Miguel and Philippine Distillers Company (PDC) is another leading player in the spirits market.
There is a huge sale of bottled water and it benefited Philippines leading manufacturers of bottled water. The bulk bottles water category also registered a volume growth due to use of bulk bottled water for home consumption. The variants of the bottles water include carbonated bottled water, flavoured bottled water, functional bottled water, and still bottled water. The carbonates drink category is also experiencing a steady growth in the Philippines and includes cola carbonates and non-cola carbonates. Hypermarkets, supermarkets, convenience stores, food and drinks specialists, e-Retailers and other stores are the leading distribution channels of beverages in Philippines. Almost all the beverages in Philippines are packed in glass, rigid plastics, paper, board, flexible packaging, rigid metal and others which are bottles, stand up pouchs, bag-in-box, carton-liquid and cans.
Coca-Cola Export Corp is the leading player in soft drinks category in Philippines. The soft drink domestic companies in Philippines registered a promising growth in the coming years. Existing and new soft drink products are available in different pack sizes and PET bottles. The success of the products depends on the effective brand, aggressive marketing and distribution efforts. It was expected that soft drinks category will develop slowly compared to the other beverages over the coming years. Energy Drinks in Philippines includes sugar-free drinks, regular energy drinks and shots with additives specifically designed to increase alertness.
Philippines government has imposed excise tax on the spirits such as beer, liquor, wine, and alcohol products. The spirits market in Philippines is yet to recover from the effect of taxes. The increase in consumer spending limit has led to the growth in the Philippine beverage industry. Majority of the consumers are attracted towards the trend of smaller pack sizes beverages which is affordable and can be carried away. Consumers are conscious of their purchasing decisions despite the increasing disposable income levels. They check for the ingredients in carbonates drinks, energy drinks and juices. It was observed that the Philippines beverages market will witness a steady growth over the coming years.
Key Topics Covered in the Report
Philippines Naturally Healthy Beverages Market Research Report
Philippines Naturally Healthy Beverages Market Size
Philippines Non Alcoholic Beverages Market
Philippines Non Alcoholic Beverages Import Volume
Philippines Non Alcoholic Beverages Export Volume
Philippines Naturally Healthy Beverages Market Future Outlook
Philippines Healthy Beverages Market Competition
Philippines Beverages Retail Market
Philippines Juice Market Demand
Philippines Coconut Water Demand
Beer Market Research Report Philippines
Alcoholic Beverages Market Philippines
Philippines Juices Market Revenue
Soy Milk Consumption Philippines
Wine Consumption Philippines
Philippines Non Alcoholic Beverages Market Competition
Philippines Non Alcoholic Beverages Market Future Outlook
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204