市場進入 - 菲律賓的飼料添加物產業:成長率、趨勢、未來展望分析
Market Entry - Feed Additives Industry in Philippines: Analysis of Growth, Trends and Progress (2016 - 2021)
|出版商||Mordor Intelligence LLP||商品編碼||453818|
|市場進入 - 菲律賓的飼料添加物產業:成長率、趨勢、未來展望分析 Market Entry - Feed Additives Industry in Philippines: Analysis of Growth, Trends and Progress (2016 - 2021)|
|出版日期: 2017年02月01日||內容資訊: 英文||
本報告提供菲律賓的飼料添加物產業結構、趨勢 - 國內背景情況和潛在力，全球市場概況，主要的推動及阻礙市場要素，各產品的市場趨勢預測 (今後) 等 - 相關分析，市場進入的策略和必要的手續調查。
Amino acids and phosphates dominate the global feed additives market with 40% and 26% market share respectively. All the other segments (vitamins, non-protein nitrogen, carotenoids, and enzymes) combined contribute to the remaining 34% of the market. Growing preference for white meat, especially in India and China, is expected to drive poultry feed additive demand over the next six years. However, the difference in regulations in various countries affects the global meat market adversely, especially in the developing and developed nations. The poultry industry in the Asia-Pacific region benefits from lenient feed related regulations. Swine and poultry feed sector is dominated by Asia-Pacific, as China claims the largest animal feed additives market, worth over USD 5.1 billion. Another leading player in this region is India, with its rich agro-technological advantage. Addiseo, BASF, Lonza and Novus International, are few international players holding a significant share in the market.
The Philippines is one of the largest markets in Southeast Asia with an estimated 103 million people and ruled by a presidential democratic republic. With the 12th largest population and the 30th largest economy, there is certainly scope for development, as it has grown from being an agriculture-based to services-based economy in the early 21st-century.
In comparison to its neighbors like Indonesia, Malaysia, and Thailand, Philippines have failed to meet expectations in terms of the volume of FDI. However, recent economic resurgence brought about by strong and consistent economic growth since 2010, new anti-corruption measures and credit rating upgrades have improved their international reputation and created a new impetus for attracting FDI's into the country. The Aquino government helped with this by the passage of laws to liberalize the entry of foreign banks into the country, relaxing the Cabotage law allowing foreign vessels to ply import and export within the archipelago. The Customs Tariff and Modernization Act of 2016 to meet international standards, reflects efforts of the nation towards increasing FDI.
In spite of all this, the World Bank ranked the Philippines at the 103rd place (out of 185 economies) for ease of doing business. The major challenges for doing business include bureaucracy, corruption, restrictions on ownership of land by foreign companies, and restrictions on investment in certain sectors. The islands of Philippines are strategically placed among high growth countries like Mainland China, Malaysia, and Singapore, which makes it easier for export to these Asian countries. Also, a large English-speaking population and strong services sector are factors that make the Philippines an obvious choice for companies looking to take advantage of the low domestic wages and an educated workforce.
|Component Name||Unit||From Site|
|GDP Annual Growth Rate||%||7|
|GDP Per Capita||USD||2635.04|
|Consumer Price Index (CPI)||Index Points||144.6|
|Loans to Private Sector||USD million/billion||100,555.083 million|
|Balance of Trade||USD million/billion||(-2.02 billion)|
|Business Confidence||(No Units)||45.4|
|Manufacturing PMI||Index Points||57.5|
|Ease of Doing Business||(No Units)||103|
|Competitiveness Rank||(No Units)||57|
|Corruption Rank||(No Units)||95|
|Consumer Confidence||(No Units)||2.5|
|Consumer Spending||USD million/billion||28,784.38 million|
|Bank Lending Rate (Consumers)||%||5.68|
|Corporate Tax Rate||%||30|
|Sales Tax Rate||%||12|
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