Philippines Cold Chain Market Driven by Growing Demand for Processed Foods and Changing Lifestyle of Filipinos Albeit Increasing Electricity Consumption Rates and Inadequate Infrastructure: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “Rising consumption of processed frozen foods augmenting the business of companies such as Magnolia, Papa Diddi’s and Unilever RFM to name a few have driven the cold chain business of Philippines” Rise in Dining at Restaurants: The millennial population in the Philippines actively eats at restaurants. Young diners have been observed to consume 1 of every 3 breakfasts, half of their lunches and a minimum of 4 of 10 dinners, away from home. On a monthly basis, 85% millennial source food from fast-food restaurants, 82% from street-food kiosks or carts, 81% from office-building cafeterias, 80% from prepared-foods areas at retail stores, 76% from cafes specializing in beverages and baked goods, 74% from sit-down restaurants and 56% from vending machines. In addition to this, Filipinos have adopted the habit of prior reservations before actually visiting the restaurants. This has bolstered the business of companies such as Booky, Zomato and Eatigo as well. Increasing Demand for Processed Foods: Demand for processed frozen foods has grown in the country including frozen yogurts and ice-creams requiring freezers during the review period 2014 to 2019. The demand is mostly met by companies such as Papa Diddi’s, Merry Moo, Ambassador’s Vegan Ice Cream, Sebastian’s and Carmen’s Best. The growing frozen dessert sector and increasing consumption levels of frozen patties, pizzas and nuggets pose great opportunities for companies to expand operations and meet the rising demand of the nation. Lack of Adequate Infrastructure: Cold chain supply management depends on the quality of the infrastructure systems in the country. Purpose of cold chain logistics is to deliver perishable and temperature-sensitive foods, chemicals and pharmaceuticals maintaining quality and shelf life of the product. Inadequate infrastructure in the Philippines has become a hindrance to the progress of the cold chain industry. As per the Global Competitiveness Report 2019 published by World Economic Forum, Philippines ranked at 96th position in terms of ‘Infrastructure’ is much lower than its Southeast Asian counterparts such as Malaysia, Thailand, Indonesia, Vietnam, and Laos. Analysts at Ken Research in their latest the publication “Philippines Cold Chain Market Outlook to 2025: Driven by Rising Processed Food Consumption Owing to Growing Millennial Population Albeit Infrastructure Challenges” observed that the market in the Philippines is presently in the growth stage since the year 2002. It has indicated a year-on-year increase owing to rise in dining at cafes and restaurants majorly by growing millennial population, rising per capita income and increasing consumption of frozen and processed foods ice-cream and yogurts, nuggets, fries and other ready-to-eat meals. Thus, the Philippines cold storage market by revenue was observed to grow at a CAGR of 12.7% during the period 2014-2019. Key Segments Covered: – Types of Products: Meat and Seafood Fruits and Vegetables Dairy Products Bakery and Confectionary Vaccination and Pharmaceuticals Others (Include animal feed, hotdogs, burgers, fries, chemicals, and several others) Key Target Audience Cold Storage Companies Cold Chain Companies Cold Transport Companies Captive Cold Storage Companies Captive Cold Chain Companies Logistics Companies Non-captive Companies Cold Chain Associations Logistics Associations Private Equity Firms Venture Capitalists Time Period Captured in the Report: Historical Period: 2014-2019 Forecasted Period: 2020F-2025F Companies Covered: Jentec Cold Storage Glacier Megafridge Mets Logistics Royal Cargo Big Blue Logistics Royale Cold Storage ORCA Cold Chain Vifel Ice Plant & Cold Storage Koldstor Inc. Polar Bear Freezing Services Frabelle Cold Storage Arctic Cold Storage Igloo Supply Chain Antarctica Cold Storage VVS Cold Storage Crystal Cold Storage Benson Industrial Cold Storage JM Processing Cold Chain Warehouse Specialist San Simon Cold Storage Cebu Subzero Logistics Estrella Cold Storage WCL Cold Storage Technofreeze Aspen Cold Storage Key Topics Covered in the Report: – Executive Summary Research Methodology Ecosystem of Philippines Cold Chain Market Infrastructural Analysis of Philippines Value Chain Analysis of Philippines Cold Chain Market Comparative Analysis of Philippines with Other Cold Chain Markets Philippines Cold Chain Market Philippines Cold Storage Market Philippines Cold Transport Market Regulatory Landscape of Philippines Cold Chain Market Trends and Developments in Philippines Cold Chain Market Issues and Challenges in Philippines Cold Chain Market Decision Making Parameters for End Users in Philippines Cold Chain Market SWOT Analysis of Philippines Cold Chain Market Competitive Landscape in Philippines Cold Chain Market Macroeconomic Factors Impacting Philippines Cold Chain Market Analyst Recommendations For More Information on the research report, refer to below links: – Philippines Cold Chain Industry Growth Related Reports by Ken Research: – Philippines Frozen Storage Market Outlook to 2025-Driven by Growing Meat and Seafood Consumption and Insufficient Pallet Capacity to Tackle Food Wastage End User Perspective in Central Luzon Cold Storage Market- Dominance of Meat and Seafood Production Albeit by Inadequate Storage Facilities and Frequent Power Outrages Philippines Logistics and Warehousing Market Outlook to 2024 – By Freight Forwarding (Air, Sea, Land), Domestic and International Freight Flow Corridor; By Warehousing (Industrial/Retail Freight, Container Freight, Cold Storage, Agriculture and Others), Express and E-commerce Logistics, Balikbayan Box, Third Party Logistics Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Aspen Cold Storage Market Share, Automated Cold Storage Market Philippines, Automated Frozen Storage Market Philippines, Benson Industrial Cold Storage Market Size, Cold Storage Market APAC, Ecosystem of Philippines Cold Chain Market, Major Mode of Transport in Philippines, Noncaptive Cold Storage Market Philippines, Number of National and Private Airports in the Philippines, Number of Reefer Trucks in Philippines, numer of cold storage pallets in Philippines 2019, Philippines Arctic Cold Storage Market Revenue, Philippines Big Blue Logistics Sales Analysis, Philippines Captive Cold Storage Market, Philippines Cold Chain Market Revenue in PHP Billion, Philippines Cold Storage Future Outlook, Philippines Cold Storage Market Customers, Philippines Frabelle Cold Storage Market Future, Philippines Ice Cream and Frozen Desserts Market, Philippines Imported Pharmaceuticals Market, Philippines Jentec Cold Storage Market Revenue, Philippines Logistics Market, Philippines Meat and Seafood Freezer Market, Philippines ORCA Cold Chain Market Report, Philippines Processed Food Consumption Market, Philippines Processed Fruits and Vegetables Market, Philippines Processed Meat and Seafood Market, Philippines Royale Cold Storage Industry Growth, Polar Bear Freezing Services Analysis, Processed Food Storage Market Philippines, San Simon Cold Storage Market Growth, Temperature Controlled Storage Philippines, WCL Cold Storage Market Report