Convenience Food - Philippines
Philippines- Revenue in the Convenience Food Market is projected to reach US$24.01m in 2025.
- Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 11.44%, resulting in a projected market volume of US$37.04m by 2029.
- With a projected market volume of US$33.22bn in 2025, most revenue is generated China.
- In the Convenience Food Market, the number of users is expected to amount to 2.9m users by 2029.
- User penetration will be 2.8% in 2025 and is expected to hit 2.9% by 2029.
- The average revenue per user (ARPU) is expected to amount to US$10.92.
- XMO_HIGHLIGHTS_PROMOTED_REGIONS
- Asia,
- South Korea,
- Europe,
- India,
- Brazil
Definition:
The eCommerce market Convenience Food covers digital sales of a very narrowly defined range of goods, such as ready-to-eat meals and soups. However, it does not include products such as frozen vegetables, freshly prepared salads, and cut fruit.
Structure:
The eCommerce market for Convenience Food consists of two different markets:
- The Ready-to-Eat Meals market includes prepared food and meals that can be eaten as is or after minimal preparation. These meals do not require cooking and are typically consumed after heating. These meals may also include disposable eating utensils. Classic frozen foods include meat, fish, vegetables, filled pasta, and frozen pizzas.
- The Soups market contains any type of soup that is ready for consumption immediately after purchase or after heating. These soups require minimal preparation by the consumer and included instant soups that typically come in powdered form and broth or liquid soups that are purchased in prepared form such as tinned soups.
Additional Information:
Convenience Food comprises revenues, users, average revenue per user, and penetration rates. Revenues are derived from annual filings, national statistical offices, Google- and Alibaba-Trends and industry knowledge. Sales Channels show online and offline revenue shares, as well as, desktop and mobile sales distribution. Revenues are including VAT. The market only displays B2C revenues and users for the above-mentioned markets, hence C2C, B2B and reCommerce is not included. Additional definitions can be found on each respective market page.
Key players in the market are companies like Amazon, Tmall, JD, Taobao, Pinduoduo and Walmart.
Market numbers for the total market sizes (online + offline) can also be found on the respective pages of the Consumer Market Insights.
- Ready-to-eat meals such as Lean Cuisine
- Soups such as Campbells
- Fresh cut salad such as Fresh Express
Market Insights report
