Food market revenue change in the Philippines 2015-2027, by type

Published by Statista Research Department, Aug 8, 2023
The revenue growth is forecast to exhibit a significant decline in all segments in 2027 compared to the previous year. Considering the 13 different types presented in this statistics, 'Pet Food' leads the ranking with 19.13 percent revenue growth. Contrastingly, 'Convenience Food' is ranked last, with -0.64 percent. Their difference, compared to the Pet Food, lies at 19.77 percentage points.

Find other insights concerning similiar markets and segments, such as a comparison of revenue growth in the United Kingdom and a comparison of revenue growth worldwide.

Revenue growth of the food market in the Philippines from 2015 to 2027, by type

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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Food market includes all kinds of fresh and processed foods. The market is divided into following segments: Dairy Products & Eggs, Meat, Fish & Seafood, Vegetables, Fruits, Bread & Cereal Products, Oils & Fats, Spreads & Sweeteners, Sauces & Condiments, Convenience Food, Confectionery & Snacks, Baby Food and Pet Food. Food represents a significant part of household expenditure, but its relative importance compared to other products decreases with increasing income.

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Statistics on " FMCG market in the Philippines "

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Overview

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Key segment: Food

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Key segment: Alcoholic beverage

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Key segment: Non-alcoholic beverage

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Key segment: Cosmetics and personal care

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Key segment: Pet food

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Brand preference

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