Philippines Cold Chain Market is Expected to Reach PHP 20.0 Billion in Terms of Revenue for the Financial Year Ending 2023: Ken Research Old and dilapidated trucks and buses will be the next to be banned from roads as part of the public utility vehicle modernization program, which kicked off at the start of the year with the gradual phase-out of old vehicles. The ban of trucks is expected to deeply impact the cold storage business in the… Read More »
Philippines Cold Storage Industry Growth: Ken Research How Is The Philippines Cold Chain Market Positioned? During the 1980s till 2002, the Philippines ‘ frozen storage industry was considered to be in its nascent or emerging phase. Owing to the geographical location, the country experiences a high average annual temperature ranging from +21C to +32C. This results in high demand for low-temperature control services including… Read More »
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 “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,… Read More »
Philippines Cold Chain Market Outlook to 2025: Ken Research The publication titled “Philippines Cold Chain Market Outlook to 2025: Driven by Rising Processed Food Consumption Owing to the Growing Millennial Population Albeit Infrastructure Challenges” provides a comprehensive analysis of the cold chain market of the Philippines. The report covers the ecosystem of the market, infrastructure analysis of the country, value chain analysis, comparative analysis with other… Read More »