The pet food market in Philippines is projected to rise by USD 311.7 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 8.1 percent during the forecast period. The pet food market in the Philippines is primarily driven by a growing middle class that is increasingly adopting pets as companions, leading to a surge in demand for high-quality pet nutrition. Urbanization has contributed to this trend, as more Filipinos seek the companionship of pets in densely populated cities. Moreover, there is a rising awareness among pet owners about the importance of proper nutrition, driving the demand for premium and specialized pet food products, including those that cater to specific dietary needs or health conditions. The expansion of modern retail and e-commerce platforms has also facilitated easier access to a broader range of pet food options, further fueling market growth.
The report offers a comprehensive evaluation of the Philippines pet food market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as pet type, type, pricing, ingredient, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the pet food industry.
Market Segmentation
The pet food market in Philippines is classified into the following segments:
Pet type: cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, others
Type: therapeutic pet foods, non-therapeutic pet foods
Pricing: economy pet food, premium/super premium pet food
Ingredient: acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, others
Distribution channel: supermarkets and hypermarkets, grocery stores, pet shops, e-commerce, veterinary clinics, others
The Philippines pet food market is segmented on the basis of pet type, type, pricing, ingredient, and distribution channel. Based on pet type, the pet food market in Philippines is categorized into cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others. On the basis of type, the pet food market in Philippines has been segmented into therapeutic pet foods, and non-therapeutic pet foods. By pricing, the pet food market in Philippines has been segmented into economy pet food, and premium/super premium pet food. Based upon ingredient, the pet food market in Philippines is also categorized into acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others. On the basis of distribution channel, the pet food market in Philippines has been segmented into supermarkets and hypermarkets, grocery stores, pet shops, e-commerce, veterinary clinics, and others.
Competitive Landscape
The Philippines pet food market is highly competitive. The prominent players operating in the Philippines pet food market include Xingtai Nuode Pet Products Co. Ltd., Universal Robina Corporation (URC), The Archer-Daniels-Midland Company, Spectrum Brands Holdings Inc., San Miguel Corporation, Pet One Inc., Nestle S.A., Monge & C. S.p.a., Mars Incorporated, INABA PETFOOD Co. Ltd., Consumer Care Products Incorporated (CCPI), Charoen Pokphand Foods Public Company Limited, Ampro Pet Nutrition Inc.
The report presents a detailed analysis of the Philippines pet food market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines pet food market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines pet food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines pet food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewPhilippines pet food market – pet type analysis
Philippines pet food market – type analysis
Philippines pet food market – pricing analysis
Philippines pet food market – ingredient analysis
Philippines pet food market – distribution channel analysis
Key players and market share
– Xingtai Nuode Pet Products Co., Ltd.
– Universal Robina Corporation (URC)
– The Archer-Daniels-Midland Company
– Spectrum Brands Holdings, Inc.
– San Miguel Corporation
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Philippines pet food market 2019-2029
Chart Philippines pet food market, net growth, 2019-2029
Chart Philippines pet food market, growth rates, 2019-2029
Table Philippines pet food market by pet type, 2019-2029
Chart Philippines pet food market by pet type, CAGR historic and forecast, 2019-2029
Chart Philippines pet food market by pet type, 2019-2029
Table Philippines pet food market by type, 2019-2029
Chart Philippines pet food market by type, CAGR historic and forecast, 2019-2029
Chart Philippines pet food market by type, 2019-2029
Table Philippines pet food market by pricing, 2019-2029
Chart Philippines pet food market by pricing, CAGR historic and forecast, 2019-2029
Chart Philippines pet food market by pricing, 2019-2029
Table Philippines pet food market by ingredient, 2019-2029
Chart Philippines pet food market by ingredient, CAGR historic and forecast, 2019-2029
Chart Philippines pet food market by ingredient, 2019-2029
Table Philippines pet food market by distribution channel, 2019-2029
Chart Philippines pet food market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Philippines pet food market by distribution channel, 2019-2029
Table Philippines pet food market share (%), by companies, 2019-2023
Chart Philippines pet food market, by companies, 2023
Table Philippines pet food market share (%), by brands, 2019-2023
Chart Philippines pet food market, by brands, 2023
Table Philippines – population (millions) and forecast
Table Philippines – consumer price index (CPI) and forecast
Table Philippines – gross domestic product and forecast
Table Philippines pet food market: spend as a proportion of GDP (%)
Table Philippines pet food market: consumption per capita (population)