Meanwhile over the year, sales of impulse - single portion water ice cream accounted for 2.2% (US$7.9 million), followed by take-home & bulk - water ice cream at 0.6% (US$2.0 million), and plant-based ice cream totaled US$0.2 million. Take-home & bulk dairy ice cream had the largest sales at US$208.0 million, closely followed by dairy-based, impulse - single served ice cream (US$144.3 million) in 2021. The frozen dessert segment has been growing at a CAGR of 2.3% (2016-2021) and is expected to grow at a CAGR of 7.5% (2021-2026). Sales of ice cream accounted for 98.7% (US$362.4 million) with the remaining 1.3% (US$4.8 million) of sales going towards frozen yogurt. In 2021, retail sales of frozen dessert products in the Philippines totaled approximately US$367.2 million. Retail value sales of ice cream and frozen yogurt desserts HS code (2105000001): Ice cream, with cocoa or not Markets Philippine's imports from the world for the supply of ice cream measured value in thousands of Canadian dollars, 2018 to 2021 New product launch and trend analysis of frozen desserts.Distribution of ice cream and frozen yogurt (on/off-trade).Competitive landscape of ice cream and frozen yogurt products.Foodservice and retail volume sales (on/off-trade).Retail value sales of ice cream and frozen yogurt desserts.In 2021, on-trade ice cream companies (and brands) served in Philippian Limited-Service Restaurants (LSRs) were the International Dairy Queen Incorporation (Dairy Queen), Kahala Corporation (Cold Stone Creamery), and Inspire Brands Incorporation (Baskin-Robbins). Over the last year, foodservice sales of ice cream and frozen yogurt totalled US$16.0 million (2.5 million litres). Amongst the impulse ice cream category, 66.9% were served in cone format, followed by ice cream sticks at 21.6%, and 11.5% were served in another format. Based on retailer selling prices, chocolate, strawberry, and mango ice cream types were the top flavors sold in the Philippines over the last year. In 2021, 99.8% of ice cream and frozen yogurt products were distributed through in-store grocery retailers, while 0.2% (US$0.8 million) in sales were sold through e-commerce services. (Nestlé, Drumstick, Lait, Pinipig) and San Miguel Corporation (Magnolia - Popsies). In 2021, leading off-trade companies (and brands) were The Unilever Group (Selecta, Cornetto, Magnum), Nestlé S.A. Ice cream accounted for 98.7% in sales and 1.3% in frozen yogurt sales, mostly amongst the dairy-based over water-based ice cream segments. Retail sales of frozen dessert products in the Philippines totaled approximately US$367.2 million (8.9 million litres) in 2021. Canada supplied a larger value of ice cream in 2020, yet was only the 14th largest provider at a value of Can$38,219 in 2021. Top supplier markets were China, Indonesia, and Korea. In 2021, the Philippine's imported a total of Can$54.2 million from the world in ice cream products. Note: This report includes forecasting data that is based on baseline historical data.
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