Philippines Dairy Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     Philippines Dairy 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
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developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
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chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
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achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
A cc o r d i ng  to  t h e  l a t e s t  r e p o r t  b y  IM A R C  Gr o u p ,  t i t l e d  " P h i l i p p i n e s  D a i r y  Ma r k e t :  
I n d u s t r y  T re n d s ,  S h a re ,  S i z e ,  Gr o w th ,  O p p o r t u n i ty  an d  F o r e ca s t  2 0 2 4 -
20 3 2 , "  t h e  P h i l i p p i n es  d a i r y  m a r ke t  i s  p r o j e c te d  t o  e x h i b i t  a  g r o w th  r a t e  ( C A G R )  o f  
6 . 5 0 %  du r i n g  2 0 2 4 - 20 3 2 .
Report T he  g ro w i n g  co n s u me r  c o n s c i ou s n e s s  o f  t h e  nu t r i t i on a l  b e n e f i t s  o f  d a i r y  p r o d uc t s  i s  on e  o f  t h e  f a c t o r s  r e sp o n s i b l e  f o r  t h e  g r o w t h  o f  t h e  P h i l i p p i n es  d a i r y  m a r k e t .  
A dd i t i o n a l l y ,  a s  h e a l th  c on s c i o u sn e s s  r i s e s  a m on g  F i l i p i n o s ,  t h e r e  i s  a  r i s i ng  d em a n d  
Highlight and f o r  d a i r y  p r o d uc t s  r i c h  i n  e s s e n t i a l  n u t r i en t s  s uc h  a s  c a l c i um ,  p r o t e i n ,  an d  v i t a m i n s .  T h i s  t r e n d  i s  p a r t i c u l a r l y  e v i de n t  i n  u r b a n  a r e a s ,  w he r e  l i f e s t y l e  c h a ng e s  a n d  h i g h e r  
d i sp o s a b l e  i n c o me s  a re  d r i v i n g  th e  c on s u m p t i o n  o f  m i l k ,  y o gu r t ,  c h e es e ,  a n d  o t h e r  
Description da i r y  i t e m s .  Mo r e o v e r ,  t h e  i n f l u en c e  o f  W e s te r n  d i e t a r y  h a b i t s  a n d  t h e  i nc r e a s i n g  
po p u l a r i t y  o f  d a i r y - b as e d  fo o d s  i n  e v e r yd a y  m e a l s  a re  f u r t h e r  b o o s t i n g  m a r k e t  d em a n d .  
H ea l t h  c a m pa i g n s  a n d  e d u c a t i o n a l  p r og r a m s  p ro m o t i n g  th e  be n e f i t s  o f  da i r y  
co n s u mp t i o n  a r e  a l s o  c o n t r i b u t i n g  t o  t h i s  p o s i t i ve  t r e n d .
R eq u e s t  f o r  a  P D F  sa m p le  o f  th i s  r ep o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / p h i l i p p i n e s -d a i r y - ma r k e t / r e q ue s t s a mp l e
Report Description
Phi l ippines Dairy Market  Trends:
Another  s ign i f icant  dr iver  is  the expansion and modern izat ion of  the da i ry  supply  cha in  in  the Phi l ipp ines.  
The suppor t  prov ided by government  author i t ies  through in i t ia t ives a imed at  boost ing loca l  da i ry  product ion 
is  he lp ing to  reduce the re l iance on impor ts .  Investments  in  da i ry  farming,  improved breeding techniques,  
and bet ter  farm management  pract ices are enhanc ing mi lk  y ie ld  and qual i ty ,  thereby escala t ing the market .  
Fur thermore,  advancements  in  co ld  chain  log is t ics  and d is t r ibut ion are ensur ing that  da i ry  products  
mainta in  the i r  qual i ty  and reach consumers e f f ic ient ly .  The r ise o f  organized re ta i l  and e-commerce 
p la t forms is  mak ing i t  eas ier  for  consumers to  access a var ie ty  o f  da i ry  products ,  thus dr iv ing market  
growth.  Apar t  f rom th is ,  co l laborat ions between loca l  da i ry  cooperat ives and in ternat ional  da i ry  companies 
are a lso  in t roducing innovat ive products  ta i lored to  F i l ip ino tas tes  and preferences,  which is  an t ic ipated to  
dr ive the Phi l ipp ines da i ry  market  over  the forecasted per iod.
View Report  TOC,  F igures and Tables :  ht tps: / /www.imarcgroup.com/phi l ippines-dairy-market
Product Type Insights:
• Liquid Mi lk
• Flavored Mi lk
• Cream
• Butter
• Cheese
Report • Yoghurt
• Ice Cream
Segmentation • Anhydrous Mi lk  Fat (AMF)
• Skimmed Mi lk  Powder (SMP)
• Whole Mi lk  Powder (WMP)
• Whey Protein
• Lactose Powder
• Curd
• Others
Region Insights:
• Luzon
• Visayas
Report 
• Mindanao
Segmentation
How has the Philippines dairy market performed so 
far and how will it perform in the coming years?
What has been the impact of COVID-19 on the 
Philippines dairy market?
Key What is the breakup of the Philippines dairy market 
on the basis of product type?
Questions 
Answered in What are the various stages in the value chain of the Philippines dairy market?
the Report
What are the key driving factors and challenges in 
the Philippines dairy?
What is the structure of the Philippines dairy 
market and who are the key players?
What is the degree of competition in the 
Philippines dairy market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y  
2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
2 . 2     S t a k e h o l d e r s
2 . 3     D a t a  S o u r c e s
2 . 3 . 1     P r i m a r y  S o u r c e s
2 . 3 . 2     S e c o n d a r y  S o u r c e s
2 . 4     M a r k e t  E s t i m a t i o n
Table of 2 . 4 . 1     B o t t o m - U p  A p p r o a c h2 . 4 . 2     T o p - D o w n  A p p r o a c h
2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     P h i l i p p i n e s  D a i r y  M a r k e t  –  I n t r o d u c t i o n
Contents 4 . 1     O v e r v i e w4 . 2     M a r k e t  D y n a m i c s
4 . 3     I n d u s t r y  T r e n d s
4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5     P h i l i p p i n e s  D a i r y  M a r k e t  L a n d s c a p e
5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6     P h i l i p p i n e s  D a i r y  M a r k e t  -  B r e a k u p  b y  P r o d u c t  T y p e
6 . 1     L i q u i d  M i l k
6 . 1 . 1     O v e r v i e w
6 . 1 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
6 . 1 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6 . 2     F l a v o r e d  M i l k
6 . 2 . 1     O v e r v i e w
6 . 2 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
6 . 2 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
6 . 3     C r e a m
6 . 3 . 1     O v e r v i e w
6 . 3 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
6 . 3 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6 . 4     B u t t e r
6 . 4 . 1     O v e r v i e w
6 . 4 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
6 . 4 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6 . 5     C h e e s e
6 . 5 . 1     O v e r v i e w
6 . 5 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Table of 6 . 5 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6 . 6     Y o g h u r t
6 . 6 . 1     O v e r v i e w
Contents 6 . 6 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )6 . 6 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6 . 7     I c e  C r e a m
6 . 7 . 1     O v e r v i e w
6 . 7 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
6 . 7 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6 . 8     A n h y d r o u s  M i l k  F a t  ( A M F )
6 . 8 . 1     O v e r v i e w
6 . 8 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
6 . 8 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6 . 9     S k i m m e d  M i l k  P o w d e r  ( S M P )
6 . 9 . 1     O v e r v i e w
6 . 9 . 2     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
6 . 9 . 3     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /p h i l i pp i nes -da i r y -m a rke t / t o c
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