The combined revenue in the alcoholic drinks market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 2.5 billion U.S. dollars (+17.74 percent). After the tenth consecutive increasing year, the combined revenue is estimated to reach 16.57 billion U.S. dollars and therefore a new peak in 2029. Notably, the combined revenue of the alcoholic drinks market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Alcoholic Drinks market includes all alcoholic beverages that are produced by fermentation or distillation.
Structure:
The Alcoholic Drinks market is divided into 5 markets:
The Beer market encompasses fermented beverages based on malt. The Beer market is further divided into the markets Alcoholic Beer and Non-Alcoholic Beer.
The Spirits market encompasses alcoholic beverages that are produced through the distillation of wine, fermented fruits, or grains. It contains the Whisky, Vodka, Rum, Gin, Brandy, Soju, Tequila, and Liqueurs & Other Spirits markets.
The Cider, Perry & Rice Wine market encompass all wines made from fruits other than grapes, grains, or other plants.
The Hard Seltzer market encompasses alcoholic beverages made with carbonated water, alcohol, and often fruit flavoring.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
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Statista. (June 14, 2024). Revenue of the alcoholic drinks market in the Philippines from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/forecasts/1463772/alcoholic-drinks-market-revenue-philippines
Statista. "Revenue of the alcoholic drinks market in the Philippines from 2019 to 2029 (in billion U.S. dollars)." Chart. June 14, 2024. Statista. Accessed November 12, 2024. https://www.statista.com/forecasts/1463772/alcoholic-drinks-market-revenue-philippines
Statista. (2024). Revenue of the alcoholic drinks market in the Philippines from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/forecasts/1463772/alcoholic-drinks-market-revenue-philippines
Statista. "Revenue of The Alcoholic Drinks Market in The Philippines from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Jun 2024, https://www.statista.com/forecasts/1463772/alcoholic-drinks-market-revenue-philippines
Statista, Revenue of the alcoholic drinks market in the Philippines from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1463772/alcoholic-drinks-market-revenue-philippines (last visited November 12, 2024)
Revenue of the alcoholic drinks market in the Philippines from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, June 14, 2024. [Online]. Available: https://www.statista.com/forecasts/1463772/alcoholic-drinks-market-revenue-philippines