Beverages - Philippines
- Revenue in the Beverages market is projected to reach US$582.30m in 2023.
- Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 14.96%, resulting in a projected market volume of US$1,017.00m by 2027.
- With a projected market volume of US$91,030.00m in 2023, most revenue is generated in the United States.
- In the Beverages market, the number of users is expected to amount to 16.61m users by 2027.
- User penetration will be 10.1% in 2023 and is expected to hit 13.4% by 2027.
- The average revenue per user (ARPU) is expected to amount to US$49.22.