Key Market Indicators
The beverage industry in the Philippines is set to grow significantly in the coming years. Filipina Beverage Import is projected to reach almost $845 million by 2026, up 3.1% year on year. This is a jump of 8.2% since 2001. Latvia overtook the country in 2021, with $699.8 million, while the United Kingdom, Germany, and China ranked second, third, and fourth respectively. Filipina Alcoholic Drink Export is also estimated to grow, reaching $159.8 million by 2026. This is a 2.9% growth year on year, and a 5.4% increase since 2001. Filipina Beverage Sales is predicted to reach $21.3 billion by 2026, increasing by 2.4% year on year. This is a rise of 3.3% since 1995. Australia topped the ranking in 2021, with $18.5 billion, while Japan, Germany, and the United Kingdom respectively came in second, third, and fourth.
The Philippines Beverage Market Data and Forecasts
How much will the Philippines Beverage Market grow to 2026?
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